Expand Energy reports third-quarter profit and raises 2026 capital guidance
Filed with the SEC on · Summarized by InvestorsBot
Expand Energy reported third-quarter 2026 net income of $519 million, or $2.24 per diluted share, with $1.18 billion in operating cash flow and $1.23 billion in adjusted EBITDAX. The company completed its acquisition of Twin Eagle on September 16, repurchased $305 million of stock during the quarter, and now expects approximately $3 billion in 2026 capital investment and average production of 7.45–7.55 Bcfe per day; it also plans to pay a $0.575-per-share dividend on December 3 to shareholders of record November 12.