Expand Energy Corporation Q2 2025 Financial Results

Expand Energy Corporation reported its second quarter 2025 financial and operational results, highlighting net cash provided by operating activities of $1,322 million and net income of $968 million, or $4.02 per fully diluted share. The company achieved adjusted EBITDAX of $1,176 million and produced approximately 7.20 Bcfe per day, with 92% being natural gas. Expand Energy reduced its full-year 2025 drilling and completion capital expenditures guidance by $100 million to $2.9 billion and increased its annual synergy outlook to $600 million by the end of 2026. The company also announced $425 million of incremental free cash flow in 2025, driven by improved business performance, and plans to return $585 million to shareholders through dividends and share repurchases in the first half of 2025.