EXE Q2 2023 Earnings — Expand Energy Corporation Revenue & Financial Results | Market Cap Arena

EXEExpand Energy Corporation

$26B

Q2 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.4B-59.4% YoY

Gross Profit

$96M6.8% margin

Operating Income

$517M36.4% margin

Net Income

$391M27.6% margin

EPS (Diluted)

$2.73

QoQ Revenue Growth

-53.2%

Cash Flow

Operating Cash Flow

$515M

Free Cash Flow

-$15M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$14.4B

Total Liabilities

$4.0B

Stockholders' Equity

$10.4B

Cash & Equivalents

$903M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$3.5B	-59.4%
Gross Profit	$96M	$1.4B	-93.0%
Operating Income	$517M	$1.3B	-61.4%
Net Income	$391M	$1.2B	-68.4%

Revenue Segments

Oil and Gas

$649M34%

Natural Gas, Gathering, Transportation, Marketing and Processing

$611M32%

Natural Gas Sales

$524M27%

Oil Sales

$104M5%

Natural Gas Liquids Sales

$21M1%