EXPAND ENERGY Corp
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
EXE$85.96+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| ($ in millions, except per share data) | December 31, 2024 | December 31, 2023 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $317 | $1,079 |
| Restricted cash | 78 | 74 |
| Accounts receivable, net | 1,226 | 593 |
| Derivative assets | 84 | 637 |
| Other current assets | 292 | 226 |
| Total current assets | 1,997 | 2,609 |
| Property and equipment: | ||
| Natural gas and oil properties, successful efforts method | ||
| Proved natural gas and oil properties | 23,093 | 11,468 |
| Unproved properties | 5,897 | 1,806 |
| Other property and equipment | 654 | 497 |
| Total property and equipment | 29,644 | 13,771 |
| Less: accumulated depreciation, depletion and amortization | (5,362) | (3,674) |
| Total property and equipment, net | 24,282 | 10,097 |
| Long-term derivative assets | 1 | 74 |
| Deferred income tax assets | 589 | 933 |
| Other long-term assets | 1,025 | 663 |
| Total assets | $27,894 | $14,376 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $777 | $425 |
| Current maturities of long-term debt, net | 389 | — |
| Accrued interest | 100 | 39 |
| Derivative liabilities | 71 | 3 |
| Other current liabilities | 1,786 | 847 |
| Total current liabilities | 3,123 | 1,314 |
| Long-term debt, net | 5,291 | 2,028 |
| Long-term derivative liabilities | 68 | 9 |
| Asset retirement obligations, net of current portion | 499 | 265 |
| Long-term contract liabilities | 1,227 | — |
| Other long-term liabilities | 121 | 31 |
| Total liabilities | 10,329 | 3,647 |
| Contingencies and commitments (Note 5) | ||
| Stockholders' equity: | ||
| Common stock, $0.01 par value, 450,000,000 shares authorized: 231,769,886 and 130,789,936 shares issued | 2 | 1 |
| Additional paid-in capital | 13,687 | 5,754 |
| Retained earnings | 3,876 | 4,974 |
| Total stockholders' equity | 17,565 | 10,729 |
| Total liabilities and stockholders' equity | $27,894 | $14,376 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.