Significant Increase in Annual Synergies
Expand Energy expects to realize a 50% increase in annual synergies, achieving $500 million in 2025 and $600 million in 2026, translating to an additional $425 million in free cash flow in 2025 and $500 million in 2026.
Improved Drilling Efficiency
In Southwest Appalachia, the company drilled the longest lateral well in U.S. land history, improved drilled footage per day by 62% in Northeast Appalachia, and by 25% in Haynesville.
Capital-Effective Operations
Expand Energy reduced its 2025 capital investments by approximately $100 million while maintaining production of approximately 7.1 Bcfe per day.
Strengthened Balance Sheet
The company is increasing its 2025 net debt reduction goal to $1 billion and plans to return $585 million to shareholders.
Strong Demand Outlook
The company is strategically positioned to meet the growing LNG and power generation demand, with more than 12 Bcf per day of LNG demand under construction within a 300-mile radius.