Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
Hedge gains matched most of operating profit
Contracts sold in advance supplied income worth most of operating profit, so results track the hedge book as much as gas sales.
For investorsWhat has to hold for profit to stay at this level
For foundersOwning the route to the buyer: the playbook behind the marketing arm
Pipeline and processing tolls rose while the cost of running wells held flat, making tolls the biggest cost increase on the producing side.
Most marketing sales are internal transfers at market prices, so its profit share, not its revenue, shows what Twin Eagle adds.
Output rose in a quarter of weaker gas prices, and the filing credits new wells for the extra sales.
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Business Lens describes Expand Energy from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
