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Expand Energy posts surprise third-quarter profit

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Expand Energy posts surprise third-quarter profit

Nov 3, 2024 2:20 PM

Oct 29 (Reuters) - U.S. natural gas producer Expand

Energy ( EXE ) posted a surprise profit for the third quarter

profit on Tuesday following a slight rebound in gas prices.

The company reported adjusted net income of 16 cents per

share for the three months ended Sept. 30, compared with average

analysts' estimate of a loss of 6 cents per share, according to

data compiled by LSEG.

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