EXE Q1 2024 Earnings — Expand Energy Corporation Revenue & Financial Results | Market Cap Arena

EXEExpand Energy Corporation

$26B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.1B-64.6% YoY

Gross Profit

$442M41.2% margin

Operating Income

$32M3.0% margin

Net Income

$26M2.4% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

-40.7%

Cash Flow

Operating Cash Flow

$552M

Free Cash Flow

$131M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$14.0B

Total Liabilities

$3.3B

Stockholders' Equity

$10.7B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$3.0B	-64.6%
Gross Profit	$442M	$2.3B	-80.4%
Operating Income	$32M	$1.8B	-98.2%
Net Income	$26M	$1.4B	-98.1%

Revenue Segments

Natural Gas Sales

$589M40%

Oil and Gas

$589M40%

Natural Gas, Gathering, Transportation, Marketing and Processing

$312M21%