GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
E

Expand Energy EXE · USD

Energy · Oil, Gas & Consumable Fuels · US listing · 🇺🇸 United States

S&P 500

Compare

85.96

+1.61%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$11.65bn

FY2016FY2025

Net income

$1.82bn

FY2016FY2025

Free cash flow

$1.84bn

FY2016FY2025

Shareholders' equity

$18.58bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$11.65bn$4.22bn$7.78bn$11.44bn$7.30bn$5.21bn$8.49bn$10.23bn$9.50bn$7.87bn
Operating income$2.27bn−$718.0m$3.14bn$3.78bn$2.33bn−$9.29bn−$31.0m$382.0m−$138.0m−$4.41bn
Net income$1.82bn−$714.0m$2.42bn$4.94bn$6.33bn−$9.73bn−$308.0m$226.0m−$505.0m−$4.39bn
Diluted earnings per share7.57-3.0817.1033.7353.66-995.25-31.6240.50-95.92-1,149.21

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$28.29bn$27.89bn$14.38bn$15.47bn$11.01bn$6.58bn$16.19bn$12.73bn$12.43bn$13.03bn
Cash and short-term investments$960.0m$317.0m$1.08bn$130.0m$905.0m$298.0m$140.0m$213.0m$32.0m$882.0m
Total liabilities$9.71bn$10.33bn$3.65bn$6.34bn$5.34bn$11.93bn$11.79bn$10.60bn$12.80bn$14.23bn
Debt$5.06bn$5.68bn$2.03bn$3.09bn$2.28bn$3.00bn$9.48bn$7.72bn$9.97bn$10.44bn
Shareholders' equity$18.58bn$17.57bn$10.73bn$9.12bn$5.67bn−$5.34bn$4.36bn$2.09bn−$496.0m−$1.33bn
Shares outstanding240m232m141m146m118m10m10m6m5m4m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$4.58bn$1.56bn$2.38bn$4.13bn$1.79bn$1.16bn$1.62bn$1.73bn$745.0m−$204.0m
Capital spending−$2.74bn−$1.56bn−$1.83bn−$1.82bn−$735.0m−$1.14bn−$2.26bn−$2.00bn−$2.22bn−$2.12bn
Free cash flow$1.84bn$8.0m$551.0m$2.30bn$1.05bn$22.0m−$640.0m−$267.0m−$1.48bn−$2.32bn
Dividends paid−$765.0m−$388.0m−$487.0m−$1.21bn−$119.0m−$22.0m−$91.0m−$92.0m−$183.0m—

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$2.96bn$4.40bn$3.05bn$2.97bn$3.69bn$2.20bn$2.00bn$646.0m
Operating income$704.0m$1.53bn$616.0m$725.0m$1.27bn−$260.0m−$358.0m−$138.0m
Net income$522.0m$1.16bn$553.0m$547.0m$968.0m−$249.0m−$399.0m−$114.0m
Diluted earnings per share2.194.862.302.284.03-1.04-1.72-0.49
Cash from operations$1.10bn$2.40bn$945.0m$1.20bn$1.32bn$1.10bn$382.0m$418.0m
Capital spending−$753.0m−$707.0m−$867.0m−$775.0m−$657.0m−$563.0m−$536.0m−$298.0m
Free cash flow$343.0m$1.70bn$78.0m$426.0m$665.0m$533.0m−$154.0m$120.0m
Total assets$28.03bn$29.52bn$28.29bn$27.61bn$27.77bn$27.93bn$27.89bn$13.39bn
Cash and short-term investments$1.37bn$2.22bn$960.0m$848.0m$852.0m$349.0m$317.0m$1.04bn
Debt$3.73bn$5.06bn$5.06bn$5.07bn$5.19bn$5.31bn$5.75bn$2.05bn
Shareholders' equity$19.41bn$19.55bn$18.58bn$18.15bn$17.94bn$17.19bn$17.57bn$10.19bn

Financial ratios

Data as of 24 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin19.5%-17.0%40.4%33.0%86.4%-178.4%
Net margin15.6%-16.9%31.1%43.1%86.7%-186.8%
Return on equity9.8%-4.1%22.5%54.1%111.6%182.3%
Return on assets6.4%-2.6%16.8%31.9%57.5%-147.8%
Free cash flow yield35.0%15.5%34.2%46.7%24.6%270.9%
Revenue growth176.0%-45.7%-32.1%56.7%40.1%-38.6%
Earnings growth-354.8%-129.5%-51.0%-22.0%-165.0%3060.4%
Current ratio1.01x0.64x1.99x1.00x0.86x0.36x
Debt to equity0.27x0.33x0.20x0.35x0.41x-0.37x
Equity ratio65.7%63.0%74.6%59.0%51.5%-81.1%
Interest coverage9.67x-5.84x30.21x23.63x75.07x-28.08x
Buybacks as a share of market value-3.8%-63.6%3.3%-24.1%-1105.6%-0.4%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue0.6%17.5%-0.9%
Operating income-15.6%——
Net income-28.3%——

Average margins

Over each period

1 year3 years5 years10 years
Operating margin9.8%24.2%3.2%-22.4%
Net margin7.0%24.1%10.6%-15.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings14.6-32.34.52.81.2
Price to sales2.35.51.41.21.0

Market value over time

26 Feb 2021 to 23 Sept 2026, in USD

$441.8m$20.75bn

Share price return

Finished calendar years

20252024202320222021
Return14%23%-20%60%34%

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 12 Nov 2026.

FY2026FY2025FY2024FY2023FY2022FY2021
Paid in the year2.302.302.303.625.6481.125

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.