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Annual · values202520242023202220212020201920182017201620152014
Operating Cash Flow4.58 B USD1.56 B USD2.38 B USD4.13 B USD1.81 B USD1.16 B USD1.62 B USD2.00 B USD745.00 M USD-204.00 M USD1.23 B USD4.63 B USD
Depreciation & Amortization2.98 B USD1.73 B USD1.53 B USD1.75 B USD919.00 M USD1.10 B USD2.26 B USD1.15 B USD995.00 M USD1.11 B USD2.23 B USD2.92 B USD
Stock-Based Compensation46.00 M USD38.00 M USD33.00 M USD22.00 M USD9.00 M USD21.00 M USD30.00 M USD32.00 M USD49.00 M USD52.00 M USD78.00 M USD59.00 M USD
Capital Expenditures2.74 B USD1.56 B USD1.83 B USD1.82 B USD669.00 M USD1.14 B USD1.45 B USD3.60 B USD6.67 B USD
Cash Flow from Investing-2.76 B USD-1.90 B USD473.00 M USD-3.40 B USD-850.00 M USD-992.00 M USD-2.48 B USD185.00 M USD-1.19 B USD-660.00 M USD-3.45 B USD454.00 M USD
Cash Flow from Financing-1.51 B USD-419.00 M USD-1.89 B USD-1.45 B USD-171.00 M USD101.00 M USD859.00 M USD-2.19 B USD-434.00 M USD921.00 M USD-1.07 B USD-1.82 B USD
Dividends Paid765.00 M USD388.00 M USD487.00 M USD1.21 B USD119.00 M USD0 USD0 USD0 USD0 USD118.00 M USD234.00 M USD
Stock Buybacks100.00 M USD0 USD355.00 M USD1.07 B USD0 USD0 USD
Free Cash Flow1.84 B USD8.00 M USD551.00 M USD2.30 B USD1.14 B USD22.00 M USD-1.65 B USD-2.37 B USD-2.03 B USD

Expand Energy Corporation is an independent energy company focused on the production and development of natural gas, oil, and natural gas liquids in the United States. The company operates core assets across key shale regions, including the Haynesville, Northeast Appalachia, and Southwest Appalachia basins, where it develops unconventional resources at scale. Expand Energy Corporation primarily serves utilities, power generators, industrial users, and energy marketers that rely on stable natural gas and liquids supply for fuel and feedstock needs. Its portfolio is oriented toward abundant natural gas, supporting power generation, heating, and industrial processes, with an emphasis on providing reliable and lower-carbon energy relative to coal-based alternatives. The company is headquartered in Oklahoma City, Oklahoma, and is part of the broader energy sector, contributing to North American natural gas infrastructure and supply chains. Through its upstream activities, Expand Energy Corporation plays a significant role in meeting domestic energy demand and supporting the liquidity of physical and financial energy markets linked to U.S. gas and liquids production.