Expand Energy reports Q3 adjusted EPS 97c, consensus 85c

Reports Q3 revenue $2.97B, consensus $1.93B. “Expand is answering the world’s call for more affordable, reliable, lower carbon energy. In one short year, we have significantly scaled and strengthened our business and are well positioned to access and safely deliver natural gas into new and growing power, industrial and LNG markets,” said Nick Dell’Osso, Expand Energy’s (EXE) president and CEO. “We continue to deliver leading capital efficiency in each of our operating areas demonstrating our ability to increase returns on investment across our diverse portfolio. Importantly, as illustrated by our Lake Charles Methanol SPA, we are capitalizing on our strengths to focus not simply on value protection, but critically, on value creation. We are using our unique global scale to expand the value of each molecule, in the U.S. and abroad.”