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

Company: EXPAND ENERGY Corp
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 25
---
Diluted$2.28 $(0.85)$5.27 $(2.39)During the Current Quarter and Current Period, the diluted earnings per share calculation excludes the effect of 308,646 reserved shares of common stock and 582,109 reserved Class C Warrants related to the settlement of General Unsecured Claims associated with the Chapter 11 Cases, as all necessary conditions had not been met for such shares to be considered dilutive shares.During the Prior Quarter and Prior Period, the diluted loss per share calculation excludes the effect of 777,369 reserved shares of common stock and 1,466,502 reserved Class C Warrants related to the settlement of General Unsecured Claims associated with the Chapter 11 Cases, as all necessary conditions had not been met for such shares to be considered dilutive shares. Additionally, the diluted loss per share calculation during the Prior Quarter and Prior Period excludes the antidilutive effect of 7,667,037 and 9,580,029 Warrants, 164,253 and 270,095 RSUs and 0 and 97,528 PSUs, respectively.

14

Table of ContentsEXPAND ENERGY CORPORATION AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)(Unaudited)

4.Debt Our long-term debt consisted of the following as of September 30, 2025 and December 31, 2024:September 30, 2025December 31, 2024Carrying AmountFair Value(a)Carrying AmountFair Value(a)2025 Credit Facility$— $— $— $— Prior Credit Facility— — — — 4.95% senior notes due 2025— — 389 389 5.50% senior notes due 2026— — 47 47 5.375% senior notes due 2029638 639 700 684 5.875% senior notes due 2029440 442 500 494 6.75% senior notes due 2029847 856 950 959 5.375% senior notes due 20301,200 1,220 1,200 1,174 4.75% senior notes due 20321,150 1,131 1,150 1,067 5.70% senior notes due 2035750 769 750 734