Expand Energy Reports Q3 2026 Net Income of $519 Million
Expand Energy reported adjusted net income of $338 million, or $1.46 per diluted share, and revenue of $3.29 billion. It repurchased $305 million of stock, produced approximately 7.54 Bcfe/d and updated 2026 capital investment guidance to about $3 billion, with production expected at 7.45–7.55 Bcfe/d.
Expand Energy Corporation reported net income of $519 million, or $2.24 per diluted share, for the third quarter of 2026, with adjusted net income of $338 million, or $1.46 per diluted share. The company's revenue reached $3.29 billion, surpassing the FactSet consensus estimate of $2.85 billion. During the quarter, the company repurchased $305 million of common stock and maintained $1 billion in remaining capacity under its share repurchase authorization. Operational highlights included an average of 11 rigs in operation, resulting in net production of approximately 7.54 Bcfe/d.
The company also declared a quarterly base dividend of $0.575 per share, payable on December 3, 2026, to shareholders of record as of November 12, 2026. For the full year 2026, Expand Energy updated its capital investment guidance to approximately $3 billion and expects average daily production between 7.45 and 7.55 Bcfe/d.