Enhanced Outlook for 2025
Expand Energy forecasts an increase in production to approximately 7.1 Bcf per day for a capital investment of $2.7 billion, with plans to invest an additional $300 million to build 300 million cubic feet per day of capacity.
Significant Synergy Achievements
The company expects to achieve $400 million of annual synergy targets in 2025 and capture the entire $500 million target by year-end 2026, with a 20% improvement in Haynesville drilling performance.
Strong Financial Foundation
Expand Energy anticipates ending 2025 with less than $4.5 billion in net debt, with a $750 million investment-grade issuance and a plan to allocate $500 million to debt reduction.
Positive Marketing Strategy
The company plans to capitalize on its position as the largest U.S. natural gas producer with 75% of marketed volumes expected to reach strategic markets once NG3 is online.