Second quarter earnings of Expand Energy, North America’s largest natural gas producer, will be revealed in two weeks.
The newly-headquartered energy firm, located in Spring, Texas, a suburb of Houston, will release its 2026 second quarter operational and financial results after market close on July 28, 2026. A conference call to discuss the results has been scheduled for July 29, 2026 at 9:00 a.m. EDT.
Results will be compared to the first quarter earnings report which showed Expand Energy had $2.4 billion in net cash from its operating activities. Net income totaled $1.1 billion or $4.81 per share. Adjusted net income was $923 million or $3.83 per share and adjusted ABITDAX was $1.9 billion.
Expand’s net production of natural gas reaffirmed its full-year 2026 guidance.
“The world critically needs natural gas supply to meet rapidly rising power demand, growing industrial activity, and global LNG expansion to address a global reset in energy security,” said Mike Wichterich, Interim President and Chief Executive Officer of Expand Energy. “We’re built for this future as the largest, low-cost, market-connected natural gas producer in America, with differentiated opportunity to grow free cash flow and enhance returns for shareholders. Our scale, direct access to rapidly expanding global markets, and operational discipline aren’t aspirations, they’re the foundation we’re building upon.”
Operations Update
Expand Energy operated an average of 13 rigs during the first quarter, drilling 60 wells and turning 49 wells in line, resulting in net production of approximately 7.44 Bcfe/d (93% natural gas).
2026 Capital and Operating Outlook
In 2026, Expand Energy expects to run 11 to 12 rigs and invest approximately $2.85 billion yielding an estimated daily production of approximately 7.5 Bcfe/d.
Expand was previously headquartered in Oklahoma City but following its 2024 merger with Southwestern Energy the changing of its name from Chesapeake Energy, it relocated headquarters to Houston.
