HighGravityDataExpand Energy — Jul 29, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000895126-25-000083
Showing in the filing
Variable dividend
“$211 million”
Period
Q2 FY2026
Measure
Declared action
Source
Prose
All guidance in this release · 23
Total capital expenditures for FY2025
“~$2.9 billion”
Annual synergy outlook for FY2026
“$600 million”
Incremental free cash flow for FY2025
“~$425 million”
Net debt paydown for FY2025
“$1.0 billion”
Free cash flow growth vs. original expectati… for FY2025
“approximately 30% more”
Free cash flow growth vs. original expectati… for FY2026
“approximately 20% more”
Annual synergies for FY2025
“approximately $500 million”
Annual synergies for FY2026
“$600 million”
Rig count for FY2025
“approximately 11 rigs”
Capital expenditures for FY2025
“approximately $2.6 billion”
Capital investment for FY2025
“approximately $2.6 billion”
Estimated daily production for FY2025
“approximately 7.1 Bcfe/d”
Incremental productive capacity capital for FY2025
“an additional $275 million”
Incremental capital investment for FY2025
“$275 million”
Year-end 2025 exit rate production for FY2025
“approximately 7.2 Bcfe/d”
Average production for FY2026
“approximately 7.5 Bcfe/d”
Shareholder returns for Q2 FY2026
“$448 million”
Quarterly base dividend for Q2 FY2026
“$137 million”
Variable dividend for Q2 FY2026
“$211 million”
Share repurchases for Q2 FY2026
“$100 million”
Variable dividend payable per common share for FY2025
“$ 0.89”
Base dividend payable per common share for FY2025
“$ 0.575”
Total dividend payable per common share for FY2025
“$ 1.465”
Exhibit 99.1 · the passage around this item
… earlier in the release
Shareholder Returns Update Expand Energy is increasing its net debt paydown from $500 million to $1 billion to further strengthen its balance sheet and to create more balance sheet capacity at cycle lows. For the second quarter, the Company will return $448 million to shareholders in the form of a quarterly base dividend ($137 million), variable dividend ($211 million), and share repurchases ($100 million). The Company plans to pay its base and variable dividend on September 4, 2025 to shareholders of record at the close of business on August 14, 2025. 2 Conference Call Information A conference call to discuss Expand Energy's second quarter 2025 financial and operating results and 2025 outlook has been scheduled for 9 a.m. EDT on July 30, 2025. Participants can access the live webcast at https://edge.media-server.com/mmc/p/qx2h4vdx/. Participants who would like to ask a question, can register at https://register-conf.media-server.com/register/BIcffe1215ba074eb6ad9b29e23c5cf369, and will receive the dial-in info and a unique PIN to join the call. Links to the conference call will be provided at https://investors.expandenergy.com/. A replay will be available on the website following the call. Financial Statements, Non-GAAP Financial Measures and 2025 Guidance and Outlook Projections This news release contains the non-GAAP financial measures described below in the section titled "Non-GAAP Financial Measures." Reconciliations of each non-GAAP financial measure used in this news release to the most directly comparable GAAP financial measure are prov
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.