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Stock impact report

Expand Energy Corporation Reports First Quarter 2026 Results

Expand Energy Corporation (EXE) 
Company Research Source: GlobeNewswire
SPRING, Texas, April 28, 2026 (GLOBE NEWSWIRE) -- Expand Energy Corporation (NASDAQ: EXE) (“Expand Energy” or the “Company”) today reported first quarter 2026 financial and operating results. Net cash provided by operating activities of $2,402 million, reflecting continued strong cash generation from operationsNet income of $1,159 million, or $4.81 per fully diluted share; adjusted net income (1) of $923 million, or $3.83 per diluted shareAdjusted EBITDAX(1) of $1,968 millionNet production of ~7.44 Bcfe/d (93% natural gas), reaffirming full-year 2026 guidance of ~7.5 Bcfe/dTotal debt of $5.0 billion as of quarter-end reduced by ~$1.3 billion from senior note redemption during April 2026Reported quarter-end net debt (1) of $2.8 billion, down $1.6 billion from year-end 2025Repurchased $150 million of common stock through April 24, 2026, complementing debt reduction with meaningful shareholder returnsSigned 20-year Sales and Purchase Agreement (SPA) with Delfin FLNG Vessel 1 for ~1.15 Show less Read more
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