Expand Energy (EXE) Operating Expenses (2009 - 2026)
Expand Energy's (EXE) quarterly Operating Expenses came in at $2.3 billion in 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.
Analysis
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.
- On a quarterly basis, Operating Expenses fell 5.04% year-over-year to $2.3 billion in Q2 2026; TTM through Jun 2026 was $9.9 billion, a 40.46% increase from a year earlier, with the FY2025 full-year figure at $9.7 billion, up 91.6% from the prior year.
- Operating Expenses was $2.3 billion for Q2 2026 at Expand Energy, down from $2.9 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $2.9 billion in Q1 2026 and troughed at $483.0 million in Q4 2022.
- A 5-year average of $1.7 billion and a median of $1.6 billion in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses plunged 43.96% in 2024 and jumped 203.0% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $483.0 million in 2022, then jumped by 153.0% to $1.2 billion in 2023, then climbed by 13.26% to $1.4 billion in 2024, then soared by 82.59% to $2.5 billion in 2025, then dropped by 9.02% to $2.3 billion in 2026.
- The last three Operating Expenses figures came in at $2.3 billion (Q2 2026), $2.9 billion (Q1 2026), and $2.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 114.95 Mn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 2.30 Bn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 929.86 Mn |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 2.02 Bn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 1.12 Bn |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | 1.18 Bn |
Historic Data
Download Data
Historic 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 |