Expand Energy Corporation Reports Third Quarter 2026 Results
Source: The Manila times
Published on: 2026-10-27 20:26
SPRING, Texas, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Expand Energy Corporation (NASDAQ: EXE) ("Expand Energy" or the "Company") today reported third quarter 2026 financial and operating results. * Net cash provided by operating activities of $1,177 million, driven by operational performance and liquids revenue * Net income of $519 million, or $2.24 per fully diluted share; adjusted net income(1) of $338 million, or $1.46 per diluted share * Adjusted EBITDAX(1) of $1,229 million * Net production of 7.54Bcfe/d (92% natural gas) * Completed the acquisition of Twin Eagle Holdings, N.A., LLC ("Twin Eagle") on September 16 * Total debt of $4.6 billion as of quarter-end and leverage ratio(1) of 0.8x * Repurchased $305 million of common stock in the third quarter; year-to-date repurchases total approximately $900 million or 4% of shares outstanding(1) Definitions of non-GAAP financial measure...
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