EXPAND ENERGY CorpEXE
What EXPAND ENERGY Corp does.
Unless the context otherwise requires, references to “Expand Energy,” the “Company,” “us,” “we,” “our” and “ours” in this report are to Expand Energy Corporation together with its subsidiaries. Our principal executive offices are located at 6100 North Western Avenue, Oklahoma City, Oklahoma 73118, and our main telephone number at that location is (405) 848-8000.
Expand Energy is the largest independent natural gas producer in the U.S., based on net daily production, and is focused on responsibly developing an abundant supply of natural gas, oil and NGL to expand energy access for all. Our operations are located in Louisiana and Texas in the Haynesville and Bossier Shales (“Haynesville”), in Pennsylvania in the Marcellus Shale (“Northeast Appalachia”) and in West Virginia and Ohio in the Marcellus and Utica Shales (“Southwest Appalachia”) and include working interests in approximately 6,600 gross natural gas and oil wells.
On October 1, 2024, we completed the Southwestern Merger, creating a premier energy company that we believe is underpinned by a leading natural gas portfolio adjacent to the highest demand markets, premium inventory, a resilient financial foundation and an investment grade balance sheet. We believe that we are uniquely positioned to deliver affordable, lower-carbon energy to meet growing domestic and international demand while creating sustainable value for stakeholders. Since completing our merger with Southwestern, we’ve continued to focus on strengthening our balance sheet by reducing total debt by approximately $1.2 billion and upsized our 2025 Credit Facility capacity to $3.5 billion. In 2025, we joined the S&P 500 index and returned approximately $865 million to shareholders through dividends and share repurchases.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $5.2B | — | $11.7B | $8.7B | $4.2B | $12.1B |
| Net income | -$9.7B | — | $4.9B | $2.4B | -$714.0M | $1.8B |
| Free cash flow | $22.0M | — | $2.3B | $551.0M | $8.0M | $1.8B |
More on EXE.
- EXPAND ENERGY Corp summary
- EXPAND ENERGY Corp financial statements
- EXPAND ENERGY Corp key metrics
- EXPAND ENERGY Corp health scores and style box
- EXPAND ENERGY Corp earnings
- EXPAND ENERGY Corp dividends
- EXPAND ENERGY Corp valuation
- EXPAND ENERGY Corp ownership and insiders
- EXPAND ENERGY Corp peers
Figures from EXPAND ENERGY Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.