Expand Energy 2Q26 net income rises to $522 million; adjusted EBITDAX falls to $1.18 billion

Reuters2026/07/28 20:03

By:Reuters

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Expand Energy posted 2Q 2026 GAAP net income of $522 million; non-GAAP adjusted EBITDAX totaled $1.18 billion.
Free cash flow was $343 million; total capital expenditures were $851 million, including $656 million of drilling and completion spending.
Output averaged 7,482 MMcfe/d, keeping it the largest domestic natural gas producer at about 7.5 Bcfe/d.
Year-to-date share repurchases reached $849 million; a new roughly $1 billion buyback authorization was announced.
Expand agreed to buy Twin Eagle for $1.25 billion in cash, targeting $350 million of annual EBITDA post-synergies; closing is expected in 3Q 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Expand Energy Corporation published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Expand Energy 2Q26 net income rises to $522 million; adjusted EBITDAX falls to $1.18 billion

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