For Q1 FY2026 (ended March 31, 2026), Expand Energy Corp reported revenue of $4.40 billion, up 100.2% year-over-year. Net income surged to $1.16 billion from $174 million in the prior-year quarter, a 565.5% increase. Operating income rose 671.3% to $1.53 billion, and diluted EPS grew 553.8% to $4.81. The company held $2.22 billion in cash, $19.55 billion in equity, and $5.01 billion in long-term debt.
•Revenue of $4.40B (+100.2% YoY) driven by strong operational performance.
•Net income of $1.16B (+565.5% YoY) and operating income of $1.53B (+671.3% YoY).
•Diluted EPS of $4.81, up 553.8% from $0.74 in Q1 FY2025.
Expand Energy is an independent natural gas production company in the United States. The company engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids.
It holds interests in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania. Its portfolio also includes the Marcellus and Utica Shales in Ohio and West Virginia, and the Haynesville and Bossier Shales in Louisiana and Texas.
Expand Energy Corporation was formerly known as Chesapeake Energy Corporation and changed its name to Expand Energy Corporation in October 2024. Founded in 1989, the company is based in Spring, Texas.
Expand Energy Corporation is an independent natural gas production company in the United States. The company engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids. Its primary assets include interests in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania, as well as the Marcellus and Utica Shales in Ohio and West Virginia. Additionally, it holds interests in the Haynesville and Bossier Shales in Louisiana and Texas. The company was formerly known as Chesapeake Energy Corporation and changed its name to Expand Energy Corporation in October 2024.
Where is Expand Energy Corporation (EXE) listed and in which currency?
Expand Energy Corporation is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol EXE. Its shares are traded in U.S. dollars (USD), reflecting its primary operations and headquarters in the United States. The company is based in Spring, Texas, and its listing on a major U.S. exchange provides liquidity and access to a broad investor base.
What sector and industry does Expand Energy Corporation (EXE) operate in?
Expand Energy Corporation operates in the Energy sector, specifically within the Oil & Gas Exploration and Production (E&P) industry. This means the company is primarily involved in finding, extracting, and producing crude oil, natural gas, and natural gas liquids from underground reservoirs. As an independent E&P company, it focuses on developing its owned or leased properties rather than providing downstream services like refining or marketing. Its operations are concentrated in key U.S. shale basins, including the Marcellus, Utica, Haynesville, and Bossier Shales.
Where is Expand Energy Corporation (EXE) headquartered and what regions does it serve?
Expand Energy Corporation is headquartered in Spring, Texas, United States. The company's operations are focused on several key U.S. regions, primarily the Marcellus Shale in the northern Appalachian Basin in Pennsylvania, the Marcellus and Utica Shales in Ohio and West Virginia, and the Haynesville and Bossier Shales in Louisiana and Texas. These areas are among the most prolific natural gas-producing regions in the country. The company serves the U.S. domestic market, supplying natural gas and natural gas liquids to customers across the nation.
What is the business model of Expand Energy Corporation (EXE) and how does it generate revenue?
Expand Energy Corporation generates revenue through the acquisition, exploration, and development of oil and natural gas properties. The company extracts and sells crude oil, natural gas, and natural gas liquids from its portfolio of assets located in major U.S. shale plays. Its business model focuses on efficiently producing hydrocarbons from its holdings in the Marcellus, Utica, Haynesville, and Bossier Shales. Revenue is derived from the sale of these commodities at market prices, with the company managing its production costs and capital expenditures to optimize returns. As an independent producer, it does not own refineries or retail operations, instead selling its output to wholesalers, utilities, and other end-users.