Expand Energy Corporation
EXEEW
NASDAQ Capital Market102.52
USD
-4.34
- -
CIK
0000895126
ISIN
US1651671646
Return %
Stock
S&P500
1Y
10.32
26.53
3Y
68.90
76.60
5Y
68.90
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Michael A. Wichterich
- Full Time Employees
- 1,500
- Sector
- Energy
- Industry
- Oil & Gas Energy
- Address
- 6100 North Western Avenue Oklahoma City OK United States of America 73118
- IPO Date
- Feb 11, 2021
- CIK
- 0000895126
- Website
- expandenergy.com
- Similar Companies
- Business
- Expand Energy Corporation Expand Energy Corporation (EXEEW) operates as the largest independent natural gas producer in the United States, focusing on the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids from high-quality assets across approximately 1.83 million net acres in the Haynesville Shale in northwestern Louisiana, the Marcellus Shale in northeastern Pennsylvania Appalachia, and the Marcellus and Utica Shales in southwestern Appalachia encompassing West Virginia and Ohio; its core activities encompass horizontal drilling, hydraulic fracturing completions, and long-term production operations from roughly 8,000 gross wells, with output directed toward domestic power generation, industrial uses, and LNG export markets via responsibly sourced, lower-carbon supply positioned proximate to export infrastructure. Headquartered in Oklahoma City, Oklahoma, with a major operational presence in Houston, Texas, the company was founded in 1989 as Chesapeake Energy Corporation and rebranded to Expand Energy Corporation in October 2024 following the completion of its transformative merger with Southwestern Energy Company on October 1, 2024, which established its scaled portfolio, enhanced capital efficiencies, and drives projected annual synergies of $500 million in 2025 rising to $600 million by end-2026 through integrated drilling, data optimization, and cost reductions. Recent strategic developments include the Q3 2025 acquisition of approximately 7,500 undeveloped core Marcellus acres for $57 million adding over 425,000 lateral feet and 40 development locations in southwest Appalachia, establishment of a 75,000+ net-acre position in western Haynesville via $117 million in leasing and acquisitions plus $29 million capital carry, a 15-year sole gas supply agreement with Lake Charles Methanol commencing around 2030 at a NYMEX premium with expected final investment decision in 2026, upward revision of full-year 2025 production guidance to 7.15 Bcfe/d midpoint amid reduced capital expenditures to $2.85 billion, allocation of $500 million to net debt paydown in H2 2025, and maintenance of a quarterly $0.575 per share base dividend, alongside commitments to net-zero emissions by 2035 and sustainability priorities in safety, environment, community, and climate.
Expand Energy Corporation (EXE) Q1 2026 Earnings Call Transcript