Expand Energy Corporation reported its fourth quarter and full-year 2024 financial and operating results on February 26, 2025. The company also issued its 2025 outlook, providing forward-looking guidance.
For Q4 2024, the company reported net cash provided by operating activities of $382 million. It recorded a net loss of $399 million, or $1.72 per fully diluted share, while adjusted net income was $131 million, or $0.55 per share.
Adjusted EBITDAX for the quarter reached $964 million, with production approximately 6.41 Bcf/d net. Full-year 2024 revenue was US$4.24 billion, representing a 30% decrease from fiscal year 2023. The company's Q4 earnings beat estimates, but revenues missed expectations.
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