Summary:
– Expand Energy reported $968 million in Q2 income.
– Production more than doubled to 7.2 Bcfe/d, with drilling records set across all of the company’s regions.
– CEO credits AI and machine learning for improved efficiency.
Oklahoma City -based Expand Energy reported net income of $968 million in the second quarter of 2025, coming in slightly below analyst expectations, but no matter. In a call to discuss its recent financial performance last week, the company announced plans for $1 billion in debt reduction for the year, $585 million in returns to shareholders and record-breaking drilling performances in the field.
“When we combined Chesapeake and Southwestern to create Expand Energy (in October 2024), we did so with the intention of creating long-term value t