EXE Q2 2024 Earnings — Expand Energy Corporation Revenue & Financial Results | Market Cap Arena

EXEExpand Energy Corporation

$26B

Q2 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$503M-64.6% YoY

Gross Profit

-$189M-37.6% margin

Operating Income

-$294M-58.4% margin

Net Income

-$227M-45.1% margin

EPS (Diluted)

$-1.73

QoQ Revenue Growth

-53.1%

Cash Flow

Operating Cash Flow

$209M

Free Cash Flow

-$93M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$13.6B

Total Liabilities

$3.2B

Stockholders' Equity

$10.4B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$503M	$1.4B	-64.6%
Gross Profit	-$189M	$96M	-296.9%
Operating Income	-$294M	$517M	-156.9%
Net Income	-$227M	$391M	-158.1%

Revenue Segments

Natural Gas Sales

$378M42%

Oil and Gas

$378M42%

Natural Gas, Gathering, Transportation, Marketing and Processing

$136M15%