Company: EXEEZ
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000895126-25-000021
Chunk: 28

Company: EXPAND ENERGY Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 28
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897 1,806 Other property and equipment654 497 Total property and equipment29,644 13,771 Less: accumulated depreciation, depletion and amortization(5,362)(3,674)Total property and equipment, net24,282 10,097 Long-term derivative assets1 74 Deferred income tax assets589 933 Other long-term assets1,025 663 Total assets$27,894 $14,376 Liabilities and stockholders' equityCurrent liabilities:Accounts payable$777 $425 Current maturities of long-term debt, net389 — Accrued interest100 39 Derivative liabilities71 3 Other current liabilities1,786 847 Total current liabilities3,123 1,314 Long-term debt, net5,291 2,028 Long-term derivative liabilities68 9 Asset retirement obligations, net of current portion499 265 Long-term contract liabilities1,227 — Other long-term liabilities121 31 Total liabilities10,329 3,647 Contingencies and commitments (Note 5)Stockholders' equity:Common stock, $0.01 par value, 450,000,000 shares authorized: 231,769,886 and 130,789,936 shares issued2 1 Additional paid-in capital13,687 5,754 Retained earnings3,876 4,974 Total stockholders' equity17,565 10,729 Total liabilities and stockholders' equity$27,894 $14,376 

The accompanying notes are an integral part of these consolidated financial statements.75

TABLE OF CONTENTSEXPAND ENERGY CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS

Years Ended December 31, ($ in millions, except per share data)202420232022Revenues and other:Natural gas, oil and NGL$2,969 $3,547 $9,892 Marketing1,290 2,500 4,231 Natural gas, oil and NGL derivatives(38)1,728 (2,680)Gains on sales of assets14 946 300 Total revenues and other4,235 8,721 11,743 Operating expenses:Production316 356 475 Gathering, processing and transportation1,035 853 1,059 Severance and ad valorem taxes97