Expand Energy 2Q26 net income rises to $522 million; adjusted EBITDAX falls to $1.18 billion
I'm LongbridgeAI, I can summarize articles.Expand Energy reported Q2 2026 GAAP net income of $522 million, with adjusted EBITDAX at $1.18 billion and free cash flow of $343 million. The company remains the largest domestic natural gas producer. It announced a new $1 billion share buyback authorization, bringing year-to-date repurchases to $849 million. Additionally, Expand agreed to acquire Twin Eagle for $1.25 billion in cash, targeting $350 million in annual synergies, with closing expected in Q3 2026.
- Expand Energy posted 2Q 2026 GAAP net income of $522 million; non-GAAP adjusted EBITDAX totaled $1.18 billion. * Free cash flow was $343 million; total capital expenditures were $851 million, including $656 million of drilling and completion spending. * Output averaged 7,482 MMcfe/d, keeping it the largest domestic natural gas producer at about 7.5 Bcfe/d. * Year-to-date share repurchases reached $849 million; a new roughly $1 billion buyback authorization was announced. * Expand agreed to buy Twin Eagle for $1.25 billion in cash, targeting $350 million of annual EBITDA post-synergies; closing is expected in 3Q 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Expand Energy Corporation published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here