Company: EXEEZ
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000895126-25-000098
Chunk: 19

Company: EXPAND ENERGY Corp
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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,127 $2 $13,700 $3,489 $17,191 Share-based compensation100,820 — 15 — 15 Issuance of common stock for warrant exercise711,937 — 1 — 1 Repurchase and retirement of common stock(851,661)— — (100)(100)Net income— — — 968 968 Dividends on common stock— — — (138)(138)Balance as of June 30, 2025237,437,223 $2 $13,716 $4,219 $17,937 Share-based compensation3,885 — 17 — 17 Issuance of common stock for warrant exercise708,962 — — — — Net income— — — 547 547 Dividends on common stock— — — (351)(351)Balance as of September 30, 2025238,150,070 $2 $13,733 $4,415 $18,150 

The accompanying notes are an integral part of these condensed consolidated financial statements.9

Table of ContentsEXPAND ENERGY CORPORATION AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited)

1.Basis of Presentation and Summary of Significant Accounting PoliciesDescription of CompanyExpand Energy Corporation (“Expand Energy,” “we,” “our,” “us” or the “Company”) is the largest natural gas producer in the U.S., based on net daily production, and is focused on responsibly developing an abundant supply of natural gas, oil and NGL to expand energy access for all. We have operations in Louisiana, Pennsylvania, West Virginia and Ohio, with all of our operations located onshore in the United States.Basis of PresentationThe accompanying unaudited condensed consolidated financial statements of Expand Energy were prepared in accordance with GAAP and the rules and regulations of the SEC. Pursuant to such rules and regulations, certain disclosures have been condensed or omitted. This Quarterly Report on Form 10-Q (this “Form 10-Q”) relates to our financial position as of September 30, 2025 and December 31, 2024, and our results of operations for the three months ended September 30, 2025 (“Current Quarter”), the nine months ended September 30, 2025 (“Current Period”),