- Adjusted Earnings Per Share (EPS) for Expand Energy stood at $1.10, missing the estimate of $1.11.
- Total revenue for the quarter reached $3.69 billion, significantly higher than the previous year’s $505 million, surpassing the estimated $2.52 billion.
- Adjusted EBITDAX was reported at $1.18 billion, up from last year’s $358 million, exceeding the estimate of $1.15 billion.
- The company achieved an adjusted free cash flow of $415 million, a significant improvement from the previous year’s negative $119 million.
- Daily production rose to 7.20 BCFE compared to last year’s 2.75 BCFE.
- Expand Energy forecasts capital expenditure to be around $2.9 billion for the year, slightly below the estimated $2.96 billion.
- The company has reduced its full-year drilling and completion capital expenditure guidance by approximately $100 million to align with the $2.9 billion total capital expenditure target.
- There are 28 buy ratings, 3 hold ratings, and no sell ratings from analysts for Expand Energy.
A look at Expand Energy Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Expand Energy Corporation, an exploration company focused on natural resources in the United States, is viewed positively for its long-term outlook according to Smartkarma Smart Scores. With a high score in the Value category, Expand Energy is considered to have strong fundamentals relative to its current market price. Additionally, the company’s decent scores in Dividend and Resilience indicate stability and potential returns for investors over time.
Despite lower scores in Growth and Momentum, Expand Energy‘s strategic focus on discovering and developing gas and oil reserves positions it well for sustained growth in the future. This, coupled with its proven resilience, suggests a reliable investment choice for those seeking stability and value appreciation in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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