Company: EXEEZ
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000895126-25-000098
Chunk: 86

Company: EXPAND ENERGY Corp
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 86
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, 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 0.48 $568 0.71 $165 0.48 Northeast Appalachia201 0.85 103 0.73 630 0.88 314 0.72 Southwest Appalachia196 1.36 — — 536 1.27 — — Total GP&T$608 0.90 $152 0.62 $1,734 0.89 $479 0.61 

Gathering, processing and transportation expenses during the Current Quarter and Current Period increased $456 million and $1,255 million compared to the Prior Quarter and Prior Period, respectively. These increases were primarily related to increased volumes and rates across all of our operating areas due to the Southwestern Merger.

Severance and Ad Valorem Taxes

 Three Months Ended September 30,Nine Months Ended September 30,2025202420252024$/Mcfe$/Mcfe$/Mcfe$/McfeHaynesville$18 0.06 $8 0.07 $49 0.06 $