Expand Energy (EXE) Operating Expenses (2009 - 2026)
Expand Energy (EXE) posted quarterly Operating Expenses of $2.3 billion for Q2 2026, down 5.04% year-over-year from $2.4 billion in Q2 2025, and down 19.78% quarter-over-quarter from $2.9 billion in Q1 2026.
Expand Energy (EXE) Operating Expenses (2009 - 2026) Analysis & Trends
Expand Energy (EXE) has reported Operating Expenses for 18 consecutive years, with $2.3 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses fell 5.04% year-over-year to $2.3 billion; the TTM figure through Jun 2026 stood at $9.9 billion (up 40.46% YoY), while the FY2025 annual figure was $9.7 billion, up 91.6% from the prior year.
- Operating Expenses retreated to $2.3 billion in Q2 2026 per EXE's latest filing, from $2.9 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.9 billion in Q1 2026 and bottomed at $483.0 million in Q4 2022.
- Historically, Operating Expenses has averaged $1.7 billion across 5 years, with a median of $1.6 billion in 2022.
- Annual changes were most pronounced in 2024 — Operating Expenses tumbled 43.96% — and 2025, when it surged 203.0%.
- Expand Energy's Operating Expenses stood at $483.0 million in 2022, then soared by 153.0% to $1.2 billion in 2023, then increased by 13.26% to $1.4 billion in 2024, then surged by 82.59% to $2.5 billion in 2025, then fell by 9.02% to $2.3 billion in 2026.
- Business Quant data shows EXE's Operating Expenses at $2.3 billion in Q2 2026, $2.9 billion in Q1 2026, and $2.5 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 54.24 Mn |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 2.30 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.30 Bn |
| Mar 31, 2026 | 2.87 Bn |
| Dec 31, 2025 | 2.53 Bn |
| Sep 30, 2025 | 2.24 Bn |
| Jun 30, 2025 | 2.42 Bn |
| Mar 31, 2025 | 2.46 Bn |
| Dec 31, 2024 | 1.38 Bn |
| Sep 30, 2024 | 803.00 Mn |
| Jun 30, 2024 | 799.00 Mn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 1.22 Bn |
| Sep 30, 2023 | 1.43 Bn |
| Jun 30, 2023 | 1.37 Bn |
| Mar 31, 2023 | 1.55 Bn |
| Dec 31, 2022 | 483.00 Mn |
| Sep 30, 2022 | 2.16 Bn |
| Jun 30, 2022 | 2.18 Bn |
| Mar 31, 2022 | 1.73 Bn |
| Dec 31, 2021 | 177.00 Mn |
| Sep 30, 2021 | 1.23 Bn |