Expand Energy ( (EXE) ) has shared an announcement.
On February 26, 2025, Expand Energy Corporation reported its financial and operating results for the fourth quarter and full year of 2024, alongside its 2025 outlook. The company experienced a net loss of $399 million in the fourth quarter but achieved an adjusted net income of $131 million. It also announced a significant investment grade issuance and plans to increase its production capacity in 2025. The company aims to capture $400 million in synergies in 2025 and achieve a total of $500 million by the end of 2026. Expand Energy plans to pay a quarterly dividend and allocate $500 million to debt reduction in 2025, with additional cash flow expected for dividends, share repurchases, and balance sheet improvements.
More about Expand Energy
Expand Energy Corporation, listed on NASDAQ as EXE, is the largest independent natural gas producer in the United States. The company focuses on disrupting the traditional cost and market delivery model in the natural gas industry to develop assets in prolific natural gas basins. Expand Energy aims to create sustainable value for stakeholders by leveraging its scale, financial strength, and operational execution, while contributing to a more affordable, reliable, lower carbon future.
YTD Price Performance: 1.65%
Average Trading Volume: 2,571,124
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $23.78B
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