Expand Energy Corporation(EXE)

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Extendicare Announces March 2025 Dividend of C$0.042 per Share
Globenewswire· 2025-03-17 12:00
MARKHAM, Ontario, March 17, 2025 (GLOBE NEWSWIRE) -- Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.042 per common share of the Company (the “Common Share”) for the month of March 2025, which is payable on April 15, 2025 to shareholders of record at the close of business on March 31, 2025. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada). About Extendicare Extendicare is a leading prov ...
Expand Energy: The Quality Is Evident
Seeking Alpha· 2025-03-12 12:00
With a market capitalization as of this writing of $22.77 billion, Expand Energy Corporation (NASDAQ: EXE ) is a rather large player in the oil and gas exploration and production market. This name might not seem familiar to someCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow ...
EXEL Industries: Total number of voting rights and shares at 02.28.2025
Globenewswire· 2025-03-07 07:07
Company Information - EXEL Industries is a French Société Anonyme with a share capital of €16,969,750 [1] - The registered office is located at 54, rue Marcel Paul, 51206 Epernay Cedex, France [1] - The company is registered under the Reims Companies Register (RCS) with the number 095 550 356 [1] Share and Voting Rights - As of February 28, 2025, the total number of shares comprising the share capital is 6,787,900 [2] - The theoretical voting rights amount to 9,891,683 [2] - The exercisable voting rights, after deduction of shares without voting rights, are 9,887,182 [2]
EXEL Industries: Total number of voting rights and shares at 01.31.2025
Globenewswire· 2025-03-06 11:13
EXEL IndustriesA French Société Anonyme with a share capital of €16,969,750Registered office: 54, rue Marcel Paul - 51206 Epernay Cedex - FranceReims Companies Register (RCS): No. 095 550 356 Number of shares and voting rights Article 223-16 of the AMF regulation Date Total number of shares comprising the share capital Total number of voting rights January 31, 2025 6,787,900 Theoretical voting rights: 9,891,683 Exercisable voting rights*: 9,887,644 * After deduction of shares without voting right ...
Extendicare Announces 2024 Fourth Quarter and Full Year Results and Dividend Increase
Globenewswire· 2025-02-27 22:00
MARKHAM, Ontario, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and twelve months ended December 31, 2024. Fourth Quarter 2024 Highlights Adjusted EBITDA(1) excluding out-of-period items increased by $10.1 million or 43.5% to $33.4 million driven by improvements in all three business segments.Home health care average daily volume (“ADV”) increased to 30,993, an increase of 10.1% from Q4 2023.SGP third-party and joint ventu ...
Extendicare Announces Changes to Board of Directors
Globenewswire· 2025-02-27 20:30
MARKHAM, Ontario, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today announced the appointment of Donald Clow and Heather-Anne Irwin to its board of directors for a term to expire at the next annual meeting of shareholders, whereupon Mr. Clow and Ms. Irwin will stand for election. Concurrent with these appointments, the Company also announced the retirement of Al Mawani from the board of directors after seven years of service. In his time on the board, Mr. M ...
Expand Energy Corporation(EXE) - 2024 Q4 - Earnings Call Presentation
2025-02-27 17:27
4Q & FY 2024 Earnings FEBRUARY 26, 2025 Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include certain projections for the full year and first quarter 2025 regarding the Company's 2025 strategic objectives, our current expectations or forecasts of future events, including matters ...
Expand Energy Corporation(EXE) - 2024 Q4 - Earnings Call Transcript
2025-02-27 17:25
Financial Data and Key Metrics Changes - Expand Energy Corporation expects to produce approximately 7.1 billion cubic feet (Bcf) per day for a capital investment of approximately $2.7 billion in 2025, with an incremental investment of $300 million to build an additional 300 million cubic feet per day of productive capacity [9][10] - The company anticipates ending 2025 with less than $4.5 billion in net debt, supported by a strong free cash flow outlook [13][14] - The company aims to achieve approximately $400 million of its annual synergy target in 2025 and the entire $500 million target by year-end 2026 [11][12] Business Line Data and Key Metrics Changes - The company has seen a 20% improvement in Haynesville drilling performance, cutting nearly nine days and $1.5 million in cost per well from Southwestern's legacy drilling performance [11][12] - The marketing program has been integrated to optimize the flow of volumes across pipes, increasing value for gas and reducing costs [16] Market Data and Key Metrics Changes - There is over 11 Bcf per day of LNG capacity under construction, with the domestic power market growing to support data centers and rising consumer demand [15] - Approximately 75% of marketed volumes are expected to reach strategic markets, including 2.5 Bcf per day directly to the growing LNG corridor by 2026 [17] Company Strategy and Development Direction - The company is focused on capitalizing on the growing demand for energy and enhancing returns for shareholders during volatile times [6][7] - The strategy includes a flexible capital allocation approach, allowing for adjustments based on market conditions [10][74] - The company aims to maintain a strong balance sheet while returning excess free cash flow to shareholders through buybacks or variable dividends [106][107] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term outlook for natural gas prices, underwriting a price range of $3.50 to $4 per Mcf [26][80] - The company is prepared to adjust capital allocation based on market conditions, maintaining flexibility to respond to changes in supply and demand [74][75] Other Important Information - The company has made significant progress in integrating its marketing and transportation portfolio, which is expected to enhance operational efficiencies [16] - The company has a strong relationship with liquefiers and off-takers, ensuring readiness to supply gas as needed [39] Q&A Session Summary Question: Thoughts on maximizing free cash flow at mid-cycle pricing - Management discussed the importance of capital allocation and maintaining production levels that optimize cash flow at mid-cycle prices of $3.50 to $4 per Mcf [23][26] Question: Updated thoughts on the marketing strategy - Management highlighted the unique position in the LNG market and the focus on diversifying revenue sources through new commercial relationships [35][39] Question: Synergy number and marketing business timeline - Management expressed excitement about the marketing business and the potential for significant value addition through optimization [45][48] Question: Relative economics of the portfolio - Management confirmed that the productive life of assets includes Bossier and Upper Marcellus, with ongoing efforts to enhance returns across all plays [56][58] Question: Productive capacity increase and market response - Management assured that flexibility in capital allocation allows for adjustments based on market conditions, including curtailing volumes if necessary [71][74] Question: 2025 activity and volume trajectory - Management provided insights into the decision to pull forward deferred TILs and the expected production growth trajectory throughout 2025 [78][88] Question: Capital allocation across different assets - Management clarified that growth capital is primarily focused on Haynesville, while Appalachia capital is aimed at bringing production up to existing capacity levels [92][93] Question: Hedging strategy and risk management - Management discussed the effectiveness of the current hedging strategy and the intention to continue locking in favorable prices [108][112] Question: Deferred TILs and DUCs status - Management confirmed the status of deferred TILs and DUCs at year-end, emphasizing flexibility in activation throughout the year [116][118] Question: Infrastructure capacity for increased production - Management indicated that existing infrastructure is capable of handling increased production without significant additional capital expenditure [120][121]
Expand Energy (EXE) Q4 Earnings Beat, Revenues Miss Estimates (Revised)
ZACKS· 2025-02-27 12:10
Group 1 - Expand Energy (EXE) reported quarterly earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.53 per share, but down from $1.31 per share a year ago, indicating an earnings surprise of 3.77% [1] - The company posted revenues of $1.6 billion for the quarter ended December 2024, which missed the Zacks Consensus Estimate by 9.68%, compared to $763 million in revenues a year ago [2] - The stock has gained approximately 3.4% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] Group 2 - The earnings outlook for Expand Energy is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes in these expectations [4] - The trend for estimate revisions ahead of the earnings release was favorable, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $1.28 on revenues of $1.95 billion, and for the current fiscal year, it is $5.48 on revenues of $8.21 billion [7] Group 3 - The Alternative Energy - Other industry, to which Expand Energy belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a positive outlook for the sector [8]
Expand Energy (EXE) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-02-26 23:40
Core Viewpoint - Expand Energy (EXE) reported quarterly earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.53 per share, but down from $1.31 per share a year ago, indicating a significant year-over-year decline in earnings [1][2] Financial Performance - The company achieved revenues of $2 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 13.32%, compared to $763 million in the same quarter last year [2] - Over the last four quarters, Expand Energy has exceeded consensus EPS estimates two times and topped revenue estimates once [2] Stock Performance - Expand Energy shares have increased approximately 3.4% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.28 on revenues of $1.95 billion, and for the current fiscal year, it is $5.48 on revenues of $8.21 billion [7] - The trend of estimate revisions for Expand Energy has been favorable ahead of the earnings release [6] Industry Context - The Alternative Energy - Other industry, to which Expand Energy belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]