Expand Energy Corporation released its first quarter 2025 operational and financial results after market close on April 29, 2025. The results demonstrated the transformative impact of the Southwestern Merger.
Total revenues and other surged to $2,196 million in Q1 2025, a substantial increase from $1,081 million in the prior-year quarter. This rise was primarily fueled by a $1.71 billion increase in natural gas, oil, and NGL sales, driven by significantly higher sales volumes.
Income from operations reached $268 million in Q1 2025, a significant improvement from $32 million in Q1 2024. Net income for the quarter was $249 million, compared to $26 million in the prior-year period, reflecting enhanced profitability. Cash flow from operating activities also saw a substantial increase, rising to $1,096 million from $552 million in Q1 2024.
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