Expand Energy tops quarterly profit estimates
EXE•Expand Energy reported third-quarter adjusted profit of $1.46 per share, above analysts’ average estimate of $1.27, as natural gas production rose to 7.54 billion cubic feet equivalent per day from 7.33 billion a year earlier.
1. Quarterly results
Expand Energy’s adjusted third-quarter profit was $1.46 per share, compared with analysts’ average estimate of $1.27. Natural gas production averaged about 7.54 billion cubic feet equivalent per day, up from about 7.33 billion a year earlier.
