Company: EXEEZ
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000895126-25-000098
Chunk: 50

Company: EXPAND ENERGY Corp
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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5,371 $250 $550 $6,171 

Nine Months Ended September 30, 2024Natural GasOilNGLTotalHaynesville$652 $— $— $652 Northeast Appalachia722 — — 722 Natural gas, oil and NGL revenue$1,374 $— $— $1,374 

Natural gas, oil and NGL sales during the Current Quarter increased $1,443 million compared to the Prior Quarter. Increased volumes across all of our operating areas, which were primarily driven by the Southwestern Merger, resulted in a $1,200 million increase during the Current Quarter. Additionally, higher average prices, which were consistent with the upward trend in index prices for all products, drove a $243 million increase.

Natural gas, oil and NGL sales during the Current Period increased $4,797 million compared to the Prior Period. Increased volumes across all of our operating areas, which were primarily driven by the Southwestern Merger, resulted in a $3,718 million increase during the Current Period. Additionally, higher average prices, which were consistent with the upward trend in index prices for all products, drove a $1,079 million increase.

34

Production Expenses

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024$/Mcfe$/Mcfe$/Mcfe$/McfeHaynesville$79 0.27 $32 0.32 $216 0.27 $100 0.29 Northeast Appalachia43 0.18 18 0.13 118 0.16 58 0.13 Southwest Appalachia47 0.32 — — 133 0.31 — — Total production expenses$169 0.25 $50 0.21 $467 0.24 $158 0.20 

Production expenses during the Current Quarter and Current Period increased $119 million and $309 million compared to the Prior Quarter and Prior Period, respectively. The increases were primarily related to the Southwestern Merger and increased volumes across all of our operating areas. 

Gathering, Processing and Transportation Expenses

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024$/Mcfe$/Mcfe$/Mcfe$/McfeHaynesville$211 0.72 $49 0