Expand Energy (EXE)
NASDAQ:EXE
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.23Last Year’s EPS
1.1Same Quarter Last Year
Strong Buy
Based on 22 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strongly positive operational and financial picture: sizable free cash flow ($1.7B), meaningful debt reduction ($1.3B), solid shareholder returns (~$290M), successful monetization of volatility (~$90M), and early commercial progress into LNG (1.15 Mtpa SPA with Delfin). Operational reliability (98% Appalachia uptime) and a favorable Haynesville position (72% lowest-breakeven inventory; ability to serve ~90% of expected U.S. demand growth) underpin confidence. Challenges include short-term Gulf Coast storm impacts shifting CapEx, spot gas prices below breakeven requiring continued hedging, early-stage uncertainty in Western Haynesville, potential service/supply constraints on the Gulf Coast, and multi-year timelines for some LNG/industrial FIDs. Overall, highlights and quantitative achievements materially outweigh the lowlights, supporting a positive outlook while acknowledging execution and market risks.Company Guidance
Strong Free Cash Flow Generation
Generated $1.7 billion of free cash flow in Q1 (inclusive of working capital inflows), providing substantial liquidity to pursue debt reduction, shareholder returns, and commercial initiatives.
Balance Sheet Deleveraging
Reduced gross debt by $1.3 billion in the quarter and met the company's commitment to reduce debt by at least $1 billion for the year, improving leverage and preserving investment-grade positioning.
Shareholder Returns
Returned over $290 million to shareholders in the quarter via base dividends and share buybacks, and signaled a willingness to rebalance future free cash flow between further deleveraging and opportunistic buybacks.
Operational Resilience
Appalachia assets maintained 98% uptime during Winter Storm Fern, demonstrating strong operational reliability in extreme weather conditions.
Commercial Progress — Monetizing Volatility
Marketing efforts generated nearly $90 million of incremental value in Q1 from capturing and monetizing market volatility, demonstrating early success of the 'hedge-to-wedge' strategy.
LNG Commercial Expansion — Delfin SPA
Signed a new offtake SPA with Delfin LNG for 1.15 million tons per year, positioning the company to access international LNG pricing and serve premium markets; company is also negotiating to act as gas supply manager for the project.
Haynesville Competitive Position
Company cites ownership of 72% of the lowest-breakeven inventory in the Haynesville basin and says Haynesville sits 'at the epicenter' of Gulf Coast and LNG demand, supporting premium-market access and long-term value capture.
Western Haynesville Early Success
First well in Western Haynesville came online in early March with encouraging early production; second well spud recently. Execution and cost competitiveness on initial wells were positive, with expectation of further cost reductions.
Clear Production & Capital Plan
Reaffirmed full-year production and capital guidance: target production ~7.5 Bcf/d with $2.85 billion of CapEx, and noted Q2 is the peak CapEx quarter due to timing of D&C and leasehold activity.
Addressable Demand & Market Timing
Management states the company's assets can serve nearly 90% of expected U.S. demand growth and projects Northeast in-basin demand growth of 4–6 Bcf/d, reinforcing long-term demand tailwinds (LNG, AI power, industrial reshoring, energy security).
EXE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EXE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $96.96 | $100.99 | +4.16% |
Feb 17, 2026 | $102.19 | $98.98 | -3.14% |
Oct 28, 2025 | $99.97 | $99.38 | -0.58% |
Jul 29, 2025 | $96.86 | $101.58 | +4.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Expand Energy (EXE) report earnings?
Expand Energy (EXE) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is Expand Energy (EXE) earnings time?
Expand Energy (EXE) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EXE EPS forecast?
EXE EPS forecast for the fiscal quarter 2026 (Q2) is 1.23.