Expand Energy Corporation reported its third quarter 2024 financial and operating results on October 29, 2024. The company also provided its preliminary 2025 capital and operating plan, outlining future investment strategies.
Alongside its earnings, Expand Energy announced details regarding an enhanced capital return framework, effective January 1, 2025. This framework prioritizes an annual base dividend of $2.30 per share and a targeted $500 million annual net debt reduction.
Beyond these priorities, 75% of remaining free cash flow is expected to be distributed to shareholders through share repurchases or additional dividends. The remaining 25% will be retained on the balance sheet, signaling a commitment to both shareholder value and financial strength.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.