EXE · 10-Q · 2026Q1 · Full report

Liquidity and Cash Position

EXPAND ENERGY Corp · 2026-04-28 · Importance 56 · Surprise 24

As of March 31, 2026, the Company reports $5.7 billion of available liquidity, comprised of $2.2 billion of cash on hand and $3.5 billion of aggregate unused borrowing capacity under its Credit Facility, with no outstanding borrowings under the facility. Management states that internally generated cash flows, cash on hand and the unused Credit Facility capacity are expected to provide sufficient liquidity for the next 12 months and the foreseeable future. The Company retains the ability to issue equity or debt securities and notes that future financings could be material depending on market conditions and contractual restrictions. Investors are directed to Note 4 for further discussion of the Company’s debt obligations and related principal and carrying amounts.

Key facts

• As of March 31, 2026, the Company had $5.7 billion of liquidity available, including $2.2 billion of cash on hand and $3.5 billion of aggregate unused borrowing capacity under the Credit Facility.
• As of March 31, 2026, the Company had no outstanding borrowings under its Credit Facility.

Impact estimates