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Expand Energy’s June 2026 Form 10-Q does not report construction in progress (CIP) as a separate balance-sheet line. It therefore does not verify the €0.00 million figure in the supplied title. The filing reports property and equipment in other categories, including proved and unproved properties, but the absence of a separate CIP figure is not evidence that the company’s CIP balance was zero.
Does Expand Energy report construction in progress separately?
No separate CIP amount appears in Expand Energy Corporation’s Form 10-Q for the quarter ended June 30, 2026, filed July 28, 2026. The balance sheet instead lists proved natural gas and oil properties, unproved properties, and other property and equipment. As a result, the filing does not substantiate a €0.00 million CIP balance.
The filing reports total property and equipment of $34,140 million before accumulated depreciation, depletion, and amortization, and $24,450 million net as of June 30, 2026. These are reported U.S.-dollar amounts for the broader property-and-equipment categories—not a disclosed CIP figure or a euro-denominated estimate. Expand Energy’s Q2 2026 Form 10-Q
What does the €0.00 million figure mean?
It should be treated as an unverified title figure, not as a number reported by Expand Energy in the reviewed filing. A balance-sheet presentation that does not break out construction in progress cannot establish that the underlying balance was zero. The company may include relevant costs within broader property categories, but the reviewed filing does not provide a separate CIP value that would confirm that treatment or quantify it.
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Which Expand Energy ticker does CS1d identify?
CS1d is the European trading identifier, not the company’s U.S. ticker. A Cboe Europe notice dated April 2, 2026 identifies Expand Energy Corp as UMTF name CS1d, ISIN US1651677353, with EUR currency and XETR MIC; the notice states the listing became effective April 7, 2026. Expand Energy’s U.S. common stock trades on Nasdaq under ticker EXE. Cboe Europe notice
How do property balances differ from capital expenditures?
Property and equipment balances are amounts reported on the balance sheet at a point in time. Capital expenditures describe spending over a period, and the measure depends on whether the company reports cash paid or accrued spending. Neither measure is interchangeable with a separately disclosed CIP balance.
Rank #2
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| Measure | Period or date | Reported amount | What it represents |
|---|---|---|---|
| Total property and equipment, before accumulated depreciation, depletion, and amortization | As of June 30, 2026 | $34,140 million | Balance-sheet property and equipment; not a separate CIP figure. Expand Energy Form 10-Q. |
| Property and equipment, net | As of June 30, 2026 | $24,450 million | Net balance-sheet amount after accumulated depreciation, depletion, and amortization. Expand Energy Form 10-Q. |
| Cash capital expenditures | Six months ended June 30, 2026 | $1,460 million | Cash-flow statement measure for the first half. Expand Energy Form 10-Q. |
| Accrued capital expenditures | Three months ended June 30, 2026 | $851 million | Accrued spending for Q2, as reported in the company’s results release. |
| Accrued capital expenditures | Six months ended June 30, 2026 | $1,567 million | Accrued spending for the first half, as reported in the company’s results release. |
The cash and accrued figures differ because they describe different accounting measures. For Q2 2026, the company separately reported $753 million of cash capital expenditures and $851 million of accrued capital expenditures. For the first half, the corresponding figures were $1,460 million cash and $1,567 million accrued. Expand Energy Q2 2026 results release
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What operating plans provide context for the spending?
In its July 28, 2026 Q2 results release, Expand Energy reported net production of approximately 7.48 Bcfe per day, 92% of it natural gas. It reaffirmed full-year 2026 production guidance of 7.4–7.6 Bcfe per day and projected full-year capital expenditures of approximately $2.75–$2.95 billion. These are company guidance figures, not reported CIP amounts, and are forward-looking.
Rank #3
- The Jobsite Journal: this offering features a single black construction planner ensures you have a streamlined tool for organized recording at the jobsite, allowing you to document ideas, create sketches, and monitor progress in one centralized place. Crafted with quality in mind, this journal is a daily essential for jobsite scheduling, serving as a reliable partner for all your documentation needs
- Portable Design: measuring approximately 7 x 10 inches, the construction notebook fits seamlessly into work bags or briefcases, making it a go-to accessory for architects, engineers, and field professionals. Its ample page space ensures notes and sketches remain comprehensive and legible, while its lightweight design supports mobility during site visits and meetings
- Productive Layout: featuring a clear, efficient layout, the construction daily log book eliminates organizational challenges, enabling effortless documentation of critical details-including jobsite activities, task timelines, and milestone dates. It serves as a trustworthy archive for referencing, verifying, and reviewing site information, essential for project accountability and compliance
- Premium Materials for Durability: constructed with high-quality PU leather and premium paper, this project management notebook is built to endure daily use, while offering a smooth writing experience.The sleek, solid-black cover combines modern style with long-lasting durability, preserving its pristine appearance even after frequent use-all while safeguarding your work records. Designed with a spiral binding, it allows for easy, flat-page access, making note-taking effortless
- Versatile Utility: engineered to meet the demands of anyone requiring systematic and dependable note-taking, drafting, or sketching, this Record Construction Planner adapts to various roles-from architects and engineers to site supervisors. Its thoughtful size and design make it suitable for individual use or collaborative teams, ensuring it caters to diverse needs in field observations, project planning, and progress tracking
The company’s Q2 2026 Form 10-Q projected 205–235 gross wells turned in line using approximately 11–12 rigs during 2026. It cautioned that plans may change with developments in its business, financial position, industry, or markets. Expand Energy describes itself in the filing as “the largest natural gas producer in the U.S., based on net daily production”; that is the company’s own characterization, not an independent assessment.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What other transaction did the June-quarter filing disclose?
The Form 10-Q says Expand Energy agreed on July 24, 2026 to acquire Twin Eagle Holdings for approximately $1.25 billion, subject to customary adjustments, closing conditions, and regulatory approvals. At the time of the filing, the company expected the transaction to close in Q3 2026. The reviewed sources do not establish whether it subsequently closed.
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