05:18 PM EDT, 10/29/2024 (MT Newswires) -- Expand Energy ( EXE ) reported Q3 adjusted earnings late Tuesday of $0.16 per diluted share, down from $1.09 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.06.

Revenue for the quarter ended Sept. 30 fell to $648 million from $1.51 billion a year earlier.

The company said its board approved a $1 billion share repurchase authorization.

The company also maintained a quarterly base dividend of $0.575 per share, payable on Dec. 4 to shareholders of record on Nov. 14.

Expand Energy ( EXE ) shares were up 1.6% in after-hours activity.

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