Expand Energy Q1 2026 net income of $1,159 million reverses year-ago loss
Expand Energy reported first quarter 2026 net income of $1,159 million, or $4.81 per diluted share, compared with a net loss of $249 million, or $1.06 per share, a year earlier. Total revenues and other rose to $4,397 million from $2,196 million, and the company reaffirmed its 2026 production outlook of about 7.5 Bcfe/d. The results also show net debt down to $2,805 million from $4,409 million at year-end 2025, which matters to shareholders because it reflects both debt reduction and share repurchases.
Key points
- Diluted earnings of $4.81 per share vs. a loss of $1.06 per share in Q1 2025; adjusted diluted EPS of $3.83 vs. $2.02
- Total revenues and other of $4,397 million vs. $2,196 million a year earlier
- Net debt of $2,805 million at March 31, 2026, down from $4,409 million at December 31, 2025
- Repurchased $150 million of common stock through April 24, 2026; quarterly base dividend of $0.575 per share payable June 4, 2026
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.