Wichterich said natural gas price volatility was evident throughout the quarter and reiterated Expand’s commitment to hedging. He said the company’s hedging program was effective in 2025, generating $200 million in gains. Management also discussed storage as another tool to manage volatility. Dan Turco said Expand owns 5 Bcf of storage capacity, including about 3.5 Bcf added in the most recent quarter on top of 1.5 Bcf previously held. Turco said the company has already made money using the storage and inte ...