Selected Financial Data
since 2021
Income Statement
Expand Energy Corp., selected items from income statement, long-term trends
US$ in millions
| 12 months ended: | Revenues | Income (loss) from operations | Net income (loss) |
|---|---|---|---|
| Dec 31, 2024 | 4,259) | (803) | (714) |
| Dec 31, 2023 | 6,047) | 3,142) | 2,419) |
| Dec 31, 2022 | 14,123) | 3,780) | 4,936) |
| Dec 31, 2021 | 7,301) | 704) | 6,328) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
- Revenues
- The revenues of Expand Energy Corp show a significant increase from 2021 to 2022, more than doubling from $7.3 billion to $14.1 billion. However, there is a sharp decline in revenues in 2023 to $6.0 billion and a further drop to $4.3 billion in 2024.
- Income (Loss) from Operations
- The income from operations demonstrates a positive trend, rising from $704 million in 2021 to $3.78 billion in 2022. In 2023, it remains relatively stable at $3.14 billion but turns negative in 2024 with a loss of $803 million.
- Net Income (Loss)
- The net income follows a similar pattern to the income from operations, with a substantial drop in 2024 to a loss of $714 million from a profit of $6.3 billion in 2021. In 2022 and 2023, the net income is $4.94 billion and $2.42 billion, respectively.
Balance Sheet: Assets
Expand Energy Corp., selected items from assets, long-term trends
US$ in millions
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2024 | 1,997) | 27,894) |
| Dec 31, 2023 | 2,609) | 14,376) |
| Dec 31, 2022 | 2,698) | 15,468) |
| Dec 31, 2021 | 2,103) | 11,009) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
- Current Assets:
- The trend in current assets for Expand Energy Corp shows a peak at the end of 2022 at US$2.698 billion, followed by a slight decrease in 2023 to US$2.609 billion and a more significant drop to US$1.997 billion by the end of 2024.
- Total Assets:
- Total assets exhibited a consistent growth pattern over the four years, starting at US$11.009 billion and steadily increasing to US$27.894 billion by the end of 2024.
Balance Sheet: Liabilities and Stockholders’ Equity
Expand Energy Corp., selected items from liabilities and stockholders’ equity, long-term trends
US$ in millions
| Current liabilities | Total liabilities | Long-term debt, including current maturities, net | Stockholders’ equity | |
|---|---|---|---|---|
| Dec 31, 2024 | 3,123) | 10,329) | 5,680) | 17,565) |
| Dec 31, 2023 | 1,314) | 3,647) | 2,028) | 10,729) |
| Dec 31, 2022 | 2,704) | 6,344) | 3,093) | 9,124) |
| Dec 31, 2021 | 2,447) | 5,338) | 2,278) | 5,671) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
- Current Liabilities
- The company's current liabilities saw a fluctuating trend over the four-year period. There was a significant decrease from 2022 to 2023 followed by a sharp increase in 2024.
- Total Liabilities
- Total liabilities exhibited a pattern of growth year over year, with a substantial leap from 2022 to 2023 and a further significant increase by the end of 2024.
- Long-Term Debt
- The long-term debt, including current maturities, increased gradually from 2021 to 2023, with a more pronounced rise in 2024. This indicates a growing financial commitment in the form of debt.
- Stockholders’ Equity
- Stockholders' equity experienced a continuous upward trajectory throughout the period, reflecting a positive trend in the company's net assets owned by shareholders.
Cash Flow Statement
Expand Energy Corp., selected items from cash flow statement, long-term trends
US$ in millions
| 12 months ended: | Net cash provided by operating activities | Net cash (used in) provided by investing activities | Net cash used in financing activities |
|---|---|---|---|
| Dec 31, 2024 | 1,565) | (1,904) | (419) |
| Dec 31, 2023 | 2,380) | 473) | (1,892) |
| Dec 31, 2022 | 4,125) | (3,401) | (1,446) |
| Dec 31, 2021 | 1,788) | (916) | (237) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
- Net cash provided by operating activities:
- The trend shows a significant increase from 1788 million US$ in 2021 to 4125 million US$ in 2022, followed by a decline to 2380 million US$ in 2023 and a further decrease to 1565 million US$ in 2024.
- Net cash (used in) provided by investing activities:
- This item indicates fluctuations over the periods: starting with -916 million US$ in 2021, dropping to -3401 million US$ in 2022, then improving to 473 million US$ in 2023, and lastly decreasing to -1904 million US$ in 2024.
- Net cash used in financing activities:
- There is a varied pattern in this category with -237 million US$ in 2021, a notable drop to -1446 million US$ in 2022, a further decline to -1892 million US$ in 2023, and finally a decrease to -419 million US$ in 2024.
Per Share Data
Expand Energy Corp., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2024 | -4.55 | -4.55 | 2.44 |
| Dec 31, 2023 | 18.21 | 16.92 | 3.62 |
| Dec 31, 2022 | 38.71 | 33.36 | 9.59 |
| Dec 31, 2021 | 62.19 | 54.39 | 1.13 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
1, 2, 3 Data adjusted for splits and stock dividends.
- Basic Earnings per Share:
- The trend of basic earnings per share for Expand Energy Corp. shows a significant decrease over the period from Dec 31, 2021, to Dec 31, 2024. The earnings per share have decreased from 62.19 US$ in 2021 to -4.55 US$ in 2024, indicating a substantial decline.
- Diluted Earnings per Share:
- Similar to basic earnings per share, diluted earnings per share for Expand Energy Corp. have also experienced a notable decrease over the same period. Starting at 54.39 US$ in 2021, the earnings per share dropped to -4.55 US$ in 2024.
- Dividend per Share:
- The dividend per share data for Expand Energy Corp. reveals fluctuations throughout the observed period. The dividend per share increased from 1.13 US$ in 2021 to 9.59 US$ in 2022, followed by a decrease to 2.44 US$ in 2024, with a notable drop in 2023 to 3.62 US$.