Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Expand Energy (EXE)
NASDAQ:EXE
Holding EXE?
Track your performance easily
Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.46Last Year’s EPS
1.31Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: 20.36%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted impressive operational achievements and increased efficiency, with significant synergy targets being exceeded. The company's strategic outlook and enhanced capital return framework add to a positive sentiment, although concerns about market volatility and potential downside scenarios were noted.Company Guidance
During the third quarter of 2024 earnings call, Expand Energy Corporation provided guidance for 2025, highlighting significant operational and financial metrics. The company anticipates spending approximately $2.7 billion in capital to achieve an average production of 7 billion cubic feet equivalent (BCFE) per day, representing a 120% increase in production compared to Legacy Chesapeake’s standalone maintenance level, with only an 80% increase in capital. The company aims to capture $500 million in annual synergies by 2027, with $225 million expected in 2025, driven primarily by capital efficiencies. Expand Energy also plans to achieve $1.1 billion in debt reduction by the end of 2025 and maintains a strong focus on shareholder returns, including a $1 billion share repurchase authorization. The company highlighted its capital efficiency through deferred activity and synergy realization, maintaining a resilient financial outlook amidst market volatility.Record Operational Performance
Legacy Chesapeake drilling operations delivered record quarterly feed per day in the Haynesville and Northeast Appalachia, and also set monthly and quarterly completion records for total hours pumped in Northeast Appalachia. Legacy Southwestern drilled a 25,191-foot lateral in Southwest Appalachia, a record lateral length for a lower 48 onshore well.
Increased Production Efficiency
The preliminary outlook for 2025 includes approximately $2.7 billion of total capital to deliver an average of 7 BCFE per day, representing a 120% increase in production with only an 80% increase in capital compared to Chesapeake's standalone maintenance level.
Synergy Targets Exceeded
Early integration wins have positioned the company to raise the expected annual synergies target by 25% to $500 million, with approximately $225 million in synergies expected next year, more than 50% of the original target.
Investment-Grade Credit Rating
The company achieved an investment-grade credit rating upon close, transitioning RBL to unsecured, eliminating financing costs, and accessing capital at more attractive rates.
---
EXE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
EXE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $85.22 | $88.17 | +3.46% |
| Jul 29, 2024 | $75.50 | $75.18 | -0.42% |
| Apr 30, 2024 | $87.93 | $84.80 | -3.56% |
| Feb 20, 2024 | $75.44 | $81.46 | +7.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Expand Energy (EXE) report earnings?
Expand Energy (EXE) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Expand Energy (EXE) earnings time?
Expand Energy (EXE) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EXE EPS forecast?
EXE EPS forecast for the fiscal quarter 2024 (Q4) is 0.46.
---