Expand Energy raises synergy outlook, outlines 2025 operating plan
The Fly

Expand Energy raises synergy outlook, outlines 2025 operating plan

The company said, “Expand Energy (EXE) increased its expected annual synergy outlook by $100 million to $500 million. The company expects to achieve approximately $225 million in synergies in 2025 and to achieve the full $500 million in annual synergies by year end 2027. In 2025, at current market conditions, the company expects to run 10 to 12 rigs and invest approximately $2.7 billion yielding an estimated daily production of approximately 7 bcfe per day. Expand Energy will provide complete guidance in early 2025.”

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