How did EXE's revenue and expenses shift in Q4 2024?
5/8/2025 06:14pm
Expand Energy's revenue and expenses in Q4 2024 showed significant shifts, particularly in the Oil, Natural Gas, and Natural Gas Liquid segments, which experienced substantial revenue generation alongside notable operating and financing expenses.
1. **Revenue Shifts**:
- The Oil, Natural Gas, and Natural Gas Liquid segment saw a total revenue of $2 billion.
- The Marketing, Gathering, and Compression segment contributed $2 billion in revenue.
- The Natural Gas, Oil, and NGL Derivatives segment generated $207 million in revenue.
2. **Expense Shifts**:
- Financing expenses were -$162 million, representing a 1.66% change from the previous period.
- Net income was -$399 million, indicating a significant loss for the period.
- Operating expenses were not provided separately, but the losses in financing and net income suggest that these were substantial.
3. **Insights and Context**:
- The revenue figures indicate that Expand Energy was actively generating income from its core business segments, albeit with varying levels of contribution.
- The negative financing cash flow and net income highlight the company's financial challenges, potentially due to factors such as operational costs, debt servicing, or market conditions affecting profitability.
- The absence of detailed operating expense data prevents a full analysis of cost management, but the overall financial losses suggest that Expand Energy faced significant hurdles in Q4 2024.
In summary, Expand Energy demonstrated strong revenue generation across its core segments but struggled with financial losses and financing expenses in Q4 2024, which warrants close monitoring of the company's cost management and market positioning strategies.