Expand Energy Q2 net income falls to $522 million; reaffirms 2026 production guidance
Expand Energy reported second quarter 2026 results on July 28, 2026. GAAP net income fell to $522 million, or $2.19 per diluted share, from $968 million, or $4.02, a year earlier, while adjusted diluted earnings per share rose to $1.33 from $1.10. The company reaffirmed its 2026 production guidance, authorized an additional ~$1 billion of share repurchases, and announced the acquisition of Twin Eagle Holdings, N.A. LLC.
Key points
- Total revenues and other were $2,960 million in the second quarter of 2026, versus $3,690 million in the same quarter of 2025.
- Net income was $522 million ($2.19 per diluted share), versus $968 million ($4.02) in the second quarter of 2025.
- Adjusted diluted earnings per share were $1.33, versus $1.10; 2026 production guidance of 7.4 – 7.6 Bcfe/d was reaffirmed.
- About $530 million of common stock was repurchased in the second quarter, and an additional ~$1 billion buyback authorization was announced.
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 July 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.