Oct 27, 4:03 PM ET
Expand Energy reported third quarter 2026 results on October 27, 2026, with total revenues and other of $3,286 million, up from $2,966 million a year earlier. GAAP net income fell to $519 million, or $2.24 per diluted share, from $547 million, or $2.28, while adjusted net income rose to $338 million, or $1.46 per diluted share, from $234 million a year earlier. The company also updated its 2026 capital investment guidance to approximately $3 billion.
- Q3 2026 net income $519 million ($2.24 diluted EPS) vs. $547 million ($2.28) in Q3 2025
- Q3 2026 adjusted net income $338 million ($1.46 per diluted share) vs. $234 million in Q3 2025
- Total revenues and other $3,286 million vs. $2,966 million; net production 7.54 Bcfe/d vs. 7.33 Bcfe/d
- Repurchased $305 million of common stock in Q3 with $1 billion of repurchase capacity remaining; Twin Eagle acquisition completed September 16, 2026
Read the filing on SEC.gov ↗
Oct 19, 8:09 AM ET
Expand Energy's board appointed Daniel E. Brown, formerly CEO of Chord Energy, as President and Chief Executive Officer, effective when his employment begins, expected October 26, 2026. Michael Wichterich, who has been interim CEO, will step down from that role and remain Chairman of the Board, and Brown will also join the board. The filing sets out a $1,000,000 base salary and a $8,750,000 annual long-term incentive target, plus a make-whole equity award for compensation forfeited at his prior employer.
- Effective date: employment anticipated to begin October 26, 2026; Brown also joins the board as an employee director
- Base salary $1,000,000 with a 125% annual cash bonus target; annual long-term incentive target value $8,750,000
- Make-whole award: RSUs with a target value of $4,726,662 and PSUs with a target value of $10,925,584
- Michael Wichterich ceases as interim CEO but continues as Chairman; he keeps a pro-rata 2026 long-term incentive award
Read the filing on SEC.gov ↗
Oct 13, 4:29 PM ET
Expand Energy appointed Sarah Grose as Vice President and Chief Accounting Officer, and she now serves as principal accounting officer. The role had been held on an interim basis by CFO Marcel Teunissen. The filing discloses her base salary, bonus target and long-term incentive target, which are modest relative to executive officer pay and unlikely to materially affect shareholders.
- Sarah Grose appointed effective October 8, 2026; previously interim principal accounting officer duties were held by CFO Marcel Teunissen
- Annual base salary of $325,000 with a cash bonus target of 50% of base salary, prorated for 2026
- Annual long-term incentive target of $500,000 under the 2021 Long-Term Incentive Program
- Grose joined the company in 2019 and most recently served as Director – Corporate Accounting from 2021 to 2026
Read the filing on SEC.gov ↗
Oct 6, 4:11 PM ET
Expand Energy amended its credit agreement on October 6, 2026, extending the maturity of its credit facility by one year, from September 30, 2030 to September 30, 2031. The filing does not disclose facility size, pricing, or other amended terms in the text provided, and the full amendment is filed as Exhibit 10.1.
- Maturity extended from September 30, 2030 to September 30, 2031
- Amendment No. 1 dated October 6, 2026 to the Amended and Restated Credit Agreement dated September 30, 2025
- JPMorgan Chase Bank, N.A. serves as administrative agent
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
