Company: EXEEZ
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000895126-25-000098
Chunk: 31

Company: EXPAND ENERGY Corp
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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GLTotalHaynesville$194 $— $— $194 Northeast Appalachia213 — — 213 Natural gas, oil and NGL revenue$407 $— $— $407 Marketing revenue$193 $— $— $193 Nine Months Ended September 30, 2025Natural GasOilNGLTotalHaynesville$2,492 $— $— $2,492 Northeast Appalachia2,081 — — 2,081 Southwest Appalachia798 250 550 1,598 Natural gas, oil and NGL revenue$5,371 $250 $550 $6,171 Marketing revenue$2,155 $101 $108 $2,364 Nine Months Ended September 30, 2024Natural GasOilNGLTotalHaynesville$652 $— $— $652 Northeast Appalachia722 — — 722 Natural gas, oil and NGL revenue$1,374 $— $— $1,374 Marketing revenue$526 $82 $33 $641 Accounts ReceivableOur accounts receivable are primarily from purchasers of natural gas, oil and NGL and from exploration and production companies that own interests in properties we operate. This industry concentration could affect our overall exposure to credit risk, either positively or negatively, because our purchasers and joint working interest owners may be similarly affected by changes in economic, industry or other conditions. We monitor the creditworthiness of all our counterparties, and we generally require letters of credit or parent guarantees for receivables from parties deemed to have sub-standard credit, unless the credit risk can otherwise be mitigated. We utilize an allowance method in accounting for bad debt based on historical trends in addition to specifically identifying receivables that we believe may be uncollectible.Accounts receivable as of September 30, 2025 and December 31, 2024 are detailed below:September 30, 2025December 31, 2024Natural gas, oil and NGL sales$743 $1,028 Joint interest258 191 Other38 18 Allowance for doubtful accounts(13)(11)Total accounts receivable, net$1,026 $1,226 

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Table of ContentsEXPAND ENERGY CORPORATION AND SUBSIDIARIESNOTES TO CONDENSE