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Compared to Estimates, Expand Energy (EXE) Q4 Earnings: A Look at Key Metrics

By Zacks Equity Research | February 17, 2026, 6:00 PM

Expand Energy (EXE) reported $2.31 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 44.5%. EPS of $2.00 for the same period compares to $0.55 a year ago.

The reported revenue represents a surprise of +2.56% over the Zacks Consensus Estimate of $2.25 billion. With the consensus EPS estimate being $1.89, the EPS surprise was +5.82%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Expand Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total Daily Production - Natural Gas: 6824 millions of cubic feet per day versus the seven-analyst average estimate of 6710.5 millions of cubic feet per day.
  • Total Daily Production - Oil: 16 millions of barrels of oil per day versus 16.72 millions of barrels of oil per day estimated by seven analysts on average.
  • Total Daily Production - NGL: 80 millions of barrels of oil per day versus the seven-analyst average estimate of 83.74 millions of barrels of oil per day.
  • Average Sales Price - NGL: 23.48 $/Bbl compared to the 22.77 $/Bbl average estimate based on six analysts.
  • Average Sales Price - Natural Gas: $3.28 per thousand cubic feet compared to the $3.21 per thousand cubic feet average estimate based on six analysts.
  • Average Sales Price - Oil: 47.97 $/Bbl compared to the 48.56 $/Bbl average estimate based on six analysts.
  • Total Daily Production: 7400 millions of cubic feet per day versus 7287.78 millions of cubic feet per day estimated by four analysts on average.
  • Revenues- Natural gas, oil and NGL: $2.31 billion versus the three-analyst average estimate of $2.25 billion.
  • Revenues- Marketing: $799 million versus the two-analyst average estimate of $685.81 million.

View all Key Company Metrics for Expand Energy here>>>

Shares of Expand Energy have returned +4.2% over the past month versus the Zacks S&P 500 composite's -1.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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Expand Energy Corporation (EXE): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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