Expand Energy — Third Quarter 2026 Earnings Summary

Expand Energy Corporation reported third quarter 2026 net income of $519 million, or $2.24 per diluted share, alongside adjusted net income of $338 million and adjusted EBITDAX of $1,229 million. The company generated $1,177 million in net cash from operating activities and completed the acquisition of Twin Eagle Holdings on September 16, 2026. Average daily net production for the quarter reached 7.54 billion cubic feet equivalent, with natural gas comprising 92% of the output. Expand Energy repurchased $305 million of common stock during the quarter and maintains a leverage ratio of 0.8x with total debt of $4.6 billion.