Company: EXEEZ
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000895126-25-000098
Chunk: 83

Company: EXPAND ENERGY Corp
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 83
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 remaining $47 million aggregate principal of the 2026 Notes using cash on hand. During the Current Period, we also redeemed approximately $103 million of our 6.750% Senior Notes due 2029, approximately $60 million of our 5.875% Senior Notes due 2029 and approximately $62 million of our 5.375% Senior Notes due 2029 through open market repurchases using cash on hand. See Note 4 of the notes to our condensed consolidated financial statements included in Item 1 of Part I of this report for further discussion.

Cash Paid to Repurchase and Retire Common Stock

On October 22, 2024, our Board of Directors authorized repurchases of up to $1.0 billion, in aggregate, of the Company’s common stock and/or warrants under a share repurchase program. During the Current Period, we repurchased 0.9 million shares for an aggregate price of $100 million. The shares of common stock repurchased during the Current Period were retired and recorded as a reduction to common stock and retained earnings. See Note 9 of the notes to our condensed consolidated financial statements included in Item 1 of Part I of this report for further discussion.

Cash Paid for Common Stock Dividends

As part of our dividend program, we paid common stock dividends of $628 million and $254 million during the Current Period and Prior Period, respectively. See Note 9 of the notes to our condensed consolidated financial statements included in Item 1 of Part I of this report for further discussion.

32

Results of Operations

 The results of operations discussed below include amounts pertaining to Southwestern after the merger closed on October 1, 2024. 

Natural Gas, Oil and NGL Production and Average Sales Prices

Three Months Ended September 30, 2025Natural GasOilNGLTotalMMcf per day$/McfMBbl per day$/BblMBbl per day$/BblMMcfe per day$/McfeHaynesville3,206 2.80 — — — — 3,206 2.80 Northeast Appalachia2,556 2.29 — — — — 2,556 2.29 Southwest Appalachia959 2.64 17 53.50 85 21.40 1,571 3.36 Total6,721 2.58 17 53.50