Company: EXEEZ
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000895126-25-000084
Chunk: 18

Company: EXPAND ENERGY Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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Six Months Ended June 30,($ in millions)20252024Cash flows from operating activities:Net income (loss)$719 $(201)Adjustments to reconcile net income (loss) to net cash provided by operating activities:Depreciation, depletion and amortization1,480 747 Deferred income tax expense (benefit)134 (61)Derivative (gains) losses, net137 (161)Cash receipts (payments) on derivative settlements, net(29)488 Share-based compensation22 19 Gains on sales of assets(4)(10)Contract amortization(124)— (Gains) losses on purchases, exchanges or extinguishments of debt(3)2 Other16 (7)Changes in assets and liabilities70 (55)Net cash provided by operating activities2,418761Cash flows from investing activities:Capital expenditures(1,220)(723)Receipts of deferred consideration116 116 Contributions to investments(9)(45)Proceeds from divestitures of property and equipment15 12 Net cash used in investing activities(1,098)(640)Cash flows from financing activities:Proceeds from Credit Facility825 — Payments on Credit Facility(825)— Proceeds from warrant exercise22 1 Debt issuance and other financing costs— (4)Cash paid to repurchase and retire common stock(99)— Cash paid to purchase debt(553)— Cash paid for common stock dividends(279)(176)Net cash used in financing activities(909)(179)Net increase (decrease) in cash, cash equivalents and restricted cash411 (58)Cash, cash equivalents and restricted cash, beginning of period3951,153Cash, cash equivalents and restricted cash, end of period$806 $1,095 Cash and cash equivalents$731 $1,019 Restricted cash7576Total cash, cash equivalents and restricted cash$806 $1,095 

The accompanying notes are an integral part of these condensed consolidated financial statements.7

Table of ContentsEXPAND ENERGY CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(Unaudited)

Common Stock($ in millions)SharesAmountAdditional Paid-in CapitalRetained EarningsTotal Stockholders' EquityBalance as of December 31, 2023130,789,936 $1 $5,754 $4,974 $10,729