CHK - Earnings call 3 2023 | Expand Energy Corporation

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Operator

Good morning, and welcome to the Chesapeake Energy Corporation Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Chris Ayers, Vice President of Investor Relations and Treasurer. Please go ahead.

Chris Ayres

Thank you, Anthony. thank Third joining operating Quarter and to call results. everyone, Chesapeake's discuss XXXX morning, you our for today Good financial and and yesterday. Hopefully, our that chance a posted the release we website you've presentation updated our to to investor had press review

law, call, statements be and some making note across morning's performance, expectations, forward-looking reliance projections, in regarding statements beliefs, in which recognize also on except materially should filings. Please forward-looking and to we factors reference and press release may will refer number duty confirmed of to applicable non-GAAP you cause which periods will undue facilitate as from to including a and underlying are future discussed Please to be our measures, update goals, there undertake cannot other by identified we statements, such the not existing this no any forward-looking SEC such statements, yesterday statements, and consist that comparisons During that information, place that statements. results help assumptions We including forecasts, the factors by peers. actual statements. our differ required

a up measure, will can overview on are we nearest to a to use GAAP measure, brief of Mohit Singh website. With then corresponding Dell'Osso, Nick our teleconference and open Nick which For reconciliation give the Viets. Q&A. non-GAAP be any will our we on today results, found the me the call Josh and

again. So with that, thank you

it Now to over we'll Nick. turn

Domenic Dell'Osso

right through delivered sustainable strategy quarter, highlights, and deliver a value our the to Good get morning. quarter of start few to to you our call. off I'll I'll We advancing third shareholders another questions. your discussing cycles. joining for strong Thank then by

planned improvement of a the our the our from of quarter, prior top feet high and Marcellus Overall, the fleet accomplishment the quarter in our drilled record, end rig the extension curtailments successful XX% of capital a you've we company's came in turn-in over Marcellus. In the As elective low of XX% and averaging and third production quarter basin. in marking deferral despite third lines a on Marcellus end we the in long results, the seen the That's our history. set X,XXX significant quarter. pretty wells of company given new history XX fastest per day, X this

This also Importantly, to been lower able which rig a a have accompanied cost of achieving the wedge strong per a at well we at great our what is of base drill efficiency inflation. In lower example cycle volumes. decreased per we by offsetting times year will now robust year. projected to another delivered we means with foot, of the compared production cost Haynesville, be beginning another quarter the

feet line a our our a cubic sustained disruptions. combination higher realized XX led pressures We've quarter-over-quarter lower day guidance resulted efforts volumes gas production. of our reduction to base approximately in million us XX% QX improved has X.X%. Additionally, assurance has optimize and to flow effort in midstream The or production production to our interrupted to midstream increasing by debottleneck and attributable

to serves Our backbone shareholders. as performance strong our for deliver operational returns to capital the superior commitment

buyback dividend. million to repurchasing our our $XXX quarter, through approximately third and program delivering to the returned programs. return Through in have shares continue $XXX million dividend we and peer-leading We in quarter, base shareholders execute our the

of to of today's price LNG the ready with on Chesapeake million supply another with our Vitol be to our today's tons JKM. will path agreement supply LNG Similar to to with under per with announcement heads announced past also Gunvor, indexed up purchase Vitol, with step important X to We agreement LNG Vitol. annum

strength runway of of agreements, the our premium and As position. the rock financial of appreciation an advantaged see we types and we continue exploring returns of portfolio these our

Our approach that downside through access been our international linked physically LNG LNG cancellation markets, protection benefits prices production to to has consistent and is executing to and optionality. from strategy

to Our see peers, years. capacity the portfolio, agreements balance continue gas sheet as LNG and approach represents over complete export a among come advantage online clear we next we and competitive few our

opening Before questions, to our touch for call the XXXX. trajectory into I'd headed on like

the to with current We the in year, the XXXX. current the may half in year. Marcellus X we of during Haynesville of expect the firm impact in up add an in gas rig the XXXX to rig rigs opportunity maintain the there be line volumes additional X of which our rigs the Should in count strip, Haynesville prices and part for believe an second first positively would

to look to fourth should business our in be XXXX, production in assume model our starting you quarter a X.X a is Haynesville. with annual rate in run fair of the Bcf our line and As day Marcellus point

pleased want you assuming to Operator, Our billion, questions. year. address $X.X your half CapEx in full for second if the additional the to queue? should an of the approximate year Haynesville now the We're assemble rig

Operator

Instructions] Bank Our will Doug with question [Operator come from America. first Leggate of

Douglas Leggate

say, that on Ford, in you managing maintain I here if associated production time and capital quite that But from the that. XXXX, into think capacity. I I'm let's production rate now, don't missing your some about like set I could capital because cadence pick to to you've obviously? as for outlook Nick, up and up of XXXX wonder description exit know production up the then you if required talked your XXXX yourself about looks do what think maintain, ex-Eagle

Domenic Dell'Osso

year the to a Well, keep the and X where us X rigs Marcellus. I'll rigs today in Josh right? in it about starting where That's at going are maintaining color have we today, some is start Haynesville, Bcf to essentially, the But may here, production add. the we're X.X more Doug, with day.

for fact out XXXX. would to in up, strip and of up online attention unmet LNG paying like for the a capacity the add looks then looks second the it's should like to to we play going rig half year, If going are We the year. the of the demand hold come by export the end that setting in that it's

minute I add $X.X production, the at does so rig, have year of level that the didn't that that stay it a the less. of bit would a we And half ago assume a we second rig billion CapEx just we would the you If so of little in Haynesville. in gave be that

Douglas Leggate

don't wonder Okay. your broader to makes -- on directly, I industry you a I I that views Nick, question ask of That makes ton frame sense. just answer but you could this consolidation. to if expect

you've For we -- July. with in you talked Chesapeake, in were Haynesville

were there conversations is our well, later. was was happening basically just actually, lot conversations no tour X there saying, said a countered that Mohit -- of happening, bit that in there You bus months little

private landscape do see or how that, So the public? you Chesapeake's whether it role be within and

Domenic Dell'Osso

Well, the in think pretty themes industry. some that we consolidation you been very I that are And interesting. on saying in there consistent believe touched we've in

Exxon does and been where others. in dialogue we've and see that industry. people And more in come flows. done. to pleased conversations are deals do Chevron they've those like And for for think the So market, than it the having We there the times ebbs seems M&A constructive are the are

very Overall, own. portfolio with happy we the we've that to continued we're say that

We compelled do at on feel a very place. we've to time, feel in compelled anything. consolidation timetable. the But near-term have anything attempting certainly a believe would make in more do also to same So we we And the consolidation. industry we been merits don't how talking we for don't in profitable more productive And define ourselves. the of consistent that to believe about

we to And go for in to us, we just want nonnegotiables. don't And back remind of overpay. our that consolidation, -- we context to so that means everybody, the

will for We the accretion look transaction. in

protect our balance will We sheet.

not We end for of you really what can we have do. the one That's a at make company an easy to pretty just And thing the bigger. through look make a or better. consolidation, day profile is will And means high to your good emissions not better that bar. quickly that that's

So we consolidation, to in attention. we'll and believe continue pay

Douglas Leggate

of portfolio, in? quick imply would interest that in Is say that on you a X consolidation those for focused quickly, that be you you're when X Nick. happy there basins pursue there just Plus, that to would the your with would add-on outside very Or any you're basins?

Domenic Dell'Osso

got of basins assets surprising that in. for to in because in the we We we're the think they gas supply against you answers I for we're a like questions heap many won't demand embedded know anyone. couple like natural that and be that actually We fundamentals the the And and delivering the years. top are demand of there. at fundamentals and supply Well,

the being happy those of Marcellus would in asked time, basins. over we're and Haynesville. We've we the outside look So been

answer And is my bar. high nonnegotiables are a our there

higher. that nonnegotiables to a place to don't wanted is those you bar operate even If apply today, we

where like we competitive today, be of we to we unlikely in continue answer we an we But to say think So have us. do for basins. is those and that a advantage both that operate

Operator

Parham JPMorgan. Our next from question Zach will with come

Zachary Parham

in ask to on Haynesville. wanted Just outperformance the the

You've guidance quarter outperformed each year. this your

You what's and on is outperformance sustainable positively. XQ that data, driving productivity the at that give more be color you looking increased think how the trending well Can guide to a seems us state going bit in Haynesville just you forward?

Josh Viets

performance back to is some showed Haynesville happy course, within up We've the And had this bottlenecks going way the knew the in last the we Josh. this with has been midstream. year. Zach, really of we year,

simply largely, capacity that year we've our with working treating over ton And midstream gathering to the additional so done is last a what been introduce And shore of interconnects expansion. support to that's helping work systems, to between attributed really providers up.

us those downtime. things through induced the allowing it's simply mitigate are to And years, sustainable be and continue to just so midstream will that are

with performance. increases that some midstream strong productivity through course time. So of been in our we'll modest work improve year. providers allow seen Well We've the continue has over to well the to to

One we capacity the late-November, into crew by of crew that back bring second preserve We've couple that the to to frac is actually to of head delay some we're months. us the allowed back XXXX. which allowed productive second in in. allows now frac bringing early We'll that's to to that middle as a ourselves us things push do

Zachary Parham

just on then one clarification And XXXX.

rig $X.X include in about I year? is the spend the Does think on that the talked $XXX year. that half additional CapEx, pipe, second assuming You which billion Haynesville the back in next million momentum comes next around

Domenic Dell'Osso

way that give to just trying a to does think business. not question, We're No, momentum. Good include regular you Zach. about our E&P number

Operator

with Choudhary question Goldman will Umang Our from come Sachs. next

Umang Choudhary

of spending you would love Haynesville, in would outlook a think half you outlook be your color level the question add Any the Doug's you follow-up on activity around any XXXX levels in where for back the on year? plan thoughts macro be terms the I would of or year. your can production your give natural gas. And rig for in the to thoughts to the

Domenic Dell'Osso

Yes. Sure, Umang.

storage And levels got So of high been the front couple than macro, a little that. us better a high of in months with here relatively have big look start about come starting. online. They ago, still now variable uncertainty come bit end the around a of winter. in winter with XXXX. is but us did We've lot throughout today they capacity to that industry incremental the of we will in is change we're all of when the export that excited the What fundamentals happens 'XX. step the have the We think just front

closely. markets it's very, get and rig to the happens, gas. a the if We that we winter the on to it's assume that macro estimate, here $X.X for billion as albeit Haynesville. end focused number Haynesville, to as we clear, our XXXX approximation on you CapEx, that important would a we U.S. number. rig is and second to have are that asset very of connectivity to If in call in meet our we're as year through that would which is That's next That that call we'll such a will have a we year that underserved, be perspective really like a we to in we that expect and we budget start from line the very with really plays year on an go gave see, looks projection. But there be will watch early an add ready the coming that the we signal set believe the that giving you bring That's an half where out. still of in early that

change or changes, if online we have believe a to either macro going changes timely that certainly really we that environment don't So or a storage warm cold view come really we is LNG because answer. that winter, could the and

second of business thinking half as today the it of would now, that the But and has to add a year. the start the off we're exactly, about is in that year flexibility a rig where

we've number the that world other you have capital we whether around point of all the in responsive in the for reiterate, answer flexibility do our rig be second industry change to or to given the to any so that. But of of or deliver we can capital asking half we plenty on our way just our the And starting to would we assume the comes and changes just believe year program to flexibility, fundamentals very with what in supply. the are not

Umang Choudhary

-- the helpful. capacity little I bit to adding And follow-up in has in The question, in made a also you terms as a very midstream the have in but been That's about wanted the the Haynesville. understand more declining and setup production progress Haynesville Haynesville. of

us question remind in number as on XXXX, quarter we progress you of track And look fourth year? group next Is do on it in to you Momentum That's the the the can molecules come you on So the sufficient also to online Haynesville. one. pipeline? feel to have like capacity

Domenic Dell'Osso

Yes.

part that, momentum. me answer talk and then have Let the first of Mohit I'll about

for place very that have -- the As feel of we very XXXX restore deliver we beyond where future, good and able can good levels and were XXXX, be bottlenecks incremental beginning grow comfortable 'XX we're some in chose we the We've lower and to it. during previous infrastructure capacity, in that with ever to if the planning XXXX in be of here. feel production 'XX, in we we volumes very for will removed than what to that to Haynesville Remember we relationships feel can and those bottlenecks. those experienced so that about we do those the the back rig, we that

Mohit Singh

this Umang, is Mohit.

your question momentum. part On about the of second

we Haynesville portfolio, -- build us to we can As to in we've we what we have that this And where volumes trying of facilities. Gilles. a at south our and to to BLNG-ready allows intent very producing the take transport excited We and part and Gilles or look about down strategy flow where are to for the production it it to our previously, assurance. Perryville said connectivity is get project the are liquefaction different that's which are means

-- and has remains So part it strategy, track. critical it's momentum -- a our we on of

on We part of strategy. expect project, track. into year a go or still XXXX, late like the to all service We it early next and probably LNG it is remains key which still our

Operator

Our from Bert will Truist. next Donnes come question with

Bertrand Donnes

at Or and LNG exposure, index to company of international open this a predominantly is pricing you Henry line just agreement that instead timing the agreements the of signed the of kind total one, there destination. part any and haven't second Your an have domestic an you was the control of you maybe And even Hudlin retain score. is, that some intentional reason kind shift? maybe sell an down final ended out gas the is where

Domenic Dell'Osso

Sure. -- Bert, didn't your your part first through. come question the of

But that's if of international about to our LNG deals, international they Mohit start were mute when talk to were XX% of we under XX% gross when based I'll guess redirect you But part I about generally, production, about we is have we question. companies for there off to net to consistent night, more. we to maybe pricing, your XX% or obviously then last announce of add just in, and that XX%. and target question production announced marketed you will on exposure. clarify about our these pretty something. price which you'll production a got are asking percentage We've to us, a think been I miss coming talk talk

production. that across about consider net average you approximation revenue that, good pretty So our is what to was a our need how interest for down. just think net It to to

of We're we're a So basis. what marketing really pretty be got in there. participants it way. on is order had ways going around the to participate to think, be And competitive take the pool to can trader I traders that to market significant LNG yet. in a of done it's LNG big we've a we've I large. successful you not that The be market daily a to as done volumes we've very think this why market majors -- are and need done think fluid And in to with than try go This little a of interesting very, that at participate We in to yet. in plenty presence is a there's volumes. bit rather commodities market done very the ourselves, traded in to there, part to be this be this marketing more space. And like a get deals market in not we

like and creative think And small international to million we million evolving we'll to That or think far. have market in for done may X best relatively achieve access markets to international X ways This per think us participate. ultimately tons be annum a eager about and continue to the be what said, we evolving and is a be competitive about million we've pricing. producer would to how We water, and challenge the that marketplace. rapidly, us so to or always we're ways best the on X and be for that is

Bertrand Donnes

just small I on then presentation. detail the appreciate And a that.

of deflation kind expectations. You your shifted

you've think I shifted prior, were and half. you to over first first using XQ-over-XQ half

And what maybe at in, guess have or in prices? is I escalator the those commodity something of to is then shift second or So deal the locked linked you the that sort part of those locked there? prices have some part fixed was the first XX% are are

Josh Viets

the We've that continued expectation for been inflation up first the increase our did we've full is XXXX. Bert, shore this to as to contracts. for of in Yes, able just Josh. we Yes, confidence extend expectation half

about by second XX% that fixed additional contracts, And large, we amount good majority fixed contracts the that built-in start reference when of year the because those some a will locked the half in for all of of of so, our small at to is and the inflation pricing. I represents spend have year the think do XXXX. large seeing preventing We that have some feel up any the relatively part we why And show the are and total pretty of half spend. that's actually that second in pricing in but escalators, do of

Operator

come from will question next Capital Our Hanold Markets. RBC Scott with

Scott Hanold

could it the talked I on and of ask for hasn't and rig too the market optionality on -- Haynesville around it market about question the part think gas midyear. prior then I first And XXXX. a a view much. the maybe Marcellus in commentary the Nick, sounds guess, your the I you're changed If year bringing Haynesville of like -- and 'XX

you overhang went that inventory little bit. a fact, said In down the

recovery So into I'm back that of curious next on just kind sort the pushing production why year? of of some

Domenic Dell'Osso

Sorry, a market, view a change Scott. the yes, it mean, come I in little we bit. of during wouldn't We've still could as year, it back, winter on I a the and really rig of this said really strong if timing Haynesville that sooner. pushing out could we we bring

trying in how flexible pretty that to this. communicate So be we're we

that we're easily position with in there, As production pretty now, production add we a and to could sits the too. the the of that our capacity changes, the can where we take of right Northeast. generate If rig we to relative Marcellus market think happy

and a is a to to midyear. understand So that of where is about CapEx you There's could a number, you change. bring it gave need And rig we we Haynesville scenario, that. give this probably flexible easily which in it pretty a order will we're market headed. lot on frankly change, And to around all

Scott Hanold

Okay.

at were point to So fundamentally, XXXX on view you where ago? major this changes X versus, months no say, your

Domenic Dell'Osso

correct. That's

Scott Hanold

Got it.

when my Okay. elective guys the end? talked you might And And your about the mitigate to that you are extending follow-up question, blowouts. using differentials talk you about help think of as deferrals, in the could strategies Marcellus just some you

Mohit Singh

Yes.

this So Scott, in active Mohit. hedging is program. We remain our

coming for is you winter. hedged when to around XX%. the give XX% And next would year, we then our businesses -- more about into XX% both I guidance are it's the in X So start you basis

uncertainty put and So place. and that's we that trying again, are from physical to that's that future take out outcomes, into hedges of a financial the combination

Josh Viets

current Scott, on well outlook. just that And kind as to far as of as build to

the allowed brought starting see in are up We month the about to first wells. looking curtailed start base quarter. pricing of in and the XX We of markets to now the the next to bringing us had the We're at couple for that wells into months last bring here improvements the opportunities right weeks. right some Northeast on over on That's through start that now. some of we've back of couple taking

that production to we supports asset. we for in see there, I So just the think definitely starting that the some and are improvements further QX outlook provided

Domenic Dell'Osso

Yes. little And there. I'll further a bit specifics just add

you month the of materially this at is November in and was for improved see around pickup First pricing generally that year. encouraging demand of time

elective cash the mid-November. a basis. super usually around now, predict a curtailments early- sometime That's daily to to So market hard in end on decision,

you as as of the a away fall beginning will November, generally of they whether weather. function to the it's That's of go through end So November. November

Operator

next will Meade come Johnson Charles Rice. Our with question from

Charles Meade

Nick, thank really I succinct great. comments about 'XX. explicit want your for you That's to

want LNG sales people it question, to but with ask probably think about -- a your I strategy. question the lot I a took asset

So deal missing, a -- piece a the have governor missing the I noticed doesn't just that liquefaction. this like there's the with vital block deal,

that the rest it, more Or now call more is you you and the guys along kind And or of bet elaborate it bit lines you if is an out is later? Board so Is X years? be I'm curious it making of to a eventually and facilities that you this will want can intentional overbuilt thinking. is can the do liquefaction next, on figure your -- what the in

Mohit Singh

these terms. then we buyer a a Vitol. I in clearly, is pre-wire like for deal, And The upon where and question. would a are a about this what taking liquefaction you this have think we Charles, is, seller already willing is to the Mohit. facilities seller the way buyer there's willing in agreeing to there's Chesapeake, Thanks a

option So MTPAs there facilities, different is that's LNG you X X they get to in need to talk go arrangement. embedded such value to or an When FID. might

it one that So are and pay facilities to about ones production. requirements meets And the think them talk -- number primarily is two out, What what's to of our accessible to competitive our little we we with a the as you one. and tool figure is requirements. a having tension creates bit different go which pricing? it are Number is, Vitol's

our volumes is what and can even Number three the are least getting, requirements to So one. be but getting FID. we about get equity nonderivative probability then timing those you is facilities the through would it's of FID accounting to last transport versus of credit not whether treatment derivative solutions. kind and And another

you might LNG situation, it and next us the to of but do are when the at lot for clearly that this put remaining we this in one in we is not all how works looking transactions, we So we too. that will that it do that's a I say together, mean, differently ones, announced.

Charles Meade

open that's I they there's think second player looking article in assets was anything as that or some Nick, it's But favorably petrol be says And been there in your those saying I are they're to think impression an lately. partners, recognize My that someone But assets. talk turmoil to discussion relatively BP, that just maybe to could way And can't can't of perhaps, really there partners age lot you there you those key it? going an might assets. guys. for -- be that's And well. and Is would me. looking a a know of Josh that the ongoing. locations able Mohit, I they one is I the guys for high-quality K yesterday, tell -- there's portfolio. in lot, the opportunities. is you in new, the U.S. a will -- see be are a talk old be the offers were onshore I and about ongoing you guys this gas compete -- Haynesville, was assets They follow-up But on, guess, for and a that then you A&D major helpful.

Mohit Singh

we since again. don't thing -- BP. from one have But is this came I to, have I sensitive to Mohit Again, I'm a want BP Charles, on legacy, do speculate to Chesapeake rumors.

I well. those the really team know So and really, assets

quality very available. competitive. think we'll the And to assets always just general take I and were happen do, see comment is leave we across around But agree I that. if again, else be look with what might maybe it lease your line we the would the as of there. something a to there,

Operator

Parks question will final Our Brothers. Tuohy Noel come from with

Noel Parks

planning? much there going I'm wondering, like level your structures road by about on So I considerations wanted infrastructure With either the you what of picture, at JV that LNG looking sheet incentive the I'm you're are things back decisions affect versus otherwise. is coming directly Are with might they or about lot future spurred like to would nonobvious ask anything balance looking thinking seems about tax down and consider considerations infrastructure LNG just investments. factors maintenance it any there investment when to or at forward producers burner, there. pretty or your a or infrastructure expansion investment. And that

Domenic Dell'Osso

Well, I'll Noel. take a that, shot at answering

either I the think to new think or we expansions going and way think markets often of access to construction when infrastructure, you new you're When I premium infrastructure. need markets, to create about are looking thought a a we've production. that support we improve project what project to the would the NG an pipeline marketability ] that of done was our with momentum, was competitive that opportunity X about with [

fact of be successful. because equity attractive you driver be causing We line to stage could us invest also were sight development have and our thought would great the successful, the that since would production at project to be that a big that that, of very economics it into preconstruction of the

it return of entire and production. to opportunity project that's kind compelling to Haynesville helps accretive to us, underwrite a that So very is our portfolio of

differential a opportunity in about why or how it's us. When your we when have where return shareholders. infrastructure, we might to kind for that's or So project you of for great participate think that earn

to consider where producing of return in hope you low-double-digits a assets, we're make If style If access there. about I a it for for I've can in if developed infrastructure infrastructure, don't an there's own outsized without we you can have premium too. probably question fully you investment participate returns can you're that. think answered participate high-single, an less that should you great, otherwise market, strategically, in it, call participating in it, a if sure, that interested infrastructure willing That's earning. be But that. it's your to of in just differential capable place, uniquely to return.

Noel Parks

And the with Great. whomever first or essentially energy with the either similar reagents to the Vitol wondering when or going they forward? to was Or the just Are parties the any more Gunvor of volumes both road? deal. are potential there it right add -- to want conditions down transfer comes I refusal contract

Mohit Singh

Yes.

So the happening makes it LNG what and them. will energy arrangements where the to you then with get delivering confidential the the terms then that's FOB tell transfer transfer sense take end for I specifics, we but user, buyer it the Gunvor to and custody are both or Vitol, of is it's the whichever can't now all into is --

Domenic Dell'Osso

X to we've and with with annum counterparties Vitol. be announced. to those just are tons X at partnership point. million have annum don't of It's Gunvor we a agreements limited have volumes million million with per X this the those to that But broader tons per clear, We any

contracts. with that, should free are to choose additional anybody we contract we to beyond So do

Noel Parks

happened storage a has just item. perception through looking And fundamentals radar now? worked volumes on or that Freeport think as either under of in because sense you sort what the with right just that through still of an wondered, its really somebody one flying that into out did that do impact season. Do not where sort another do fully still we head overhang Great. outage. retrospect, there's way you and go supply-demand or withdrawal that back, do have I cleanup markets of that, to think the are the of that you Or

Domenic Dell'Osso

good That's a question.

I probably think pretty through. well it's worked

timing be will from about your your 'XX, onshore point you've weather-related biggest the XXXX and big all variables U.S. beginning to what are this of seen winter, and sometime through then this capacity at around new what fundamentals export of capital of Those draw drivers. are the reductions going the online 'XX. coming think end are trajectory the production the X I of be in the is those

Operator

This concludes to any remarks. would our closing for to question-and-answer Dell'Osso over like session. the I conference Nick turn back

Domenic Dell'Osso

Well, time appreciate morning. thanks, questions this everyone. We and really everybody's

end of answer our year questions. a always, to look the and conferences seeing any road. today Have is forward and be on at any between other team day everybody out further and the good As the We'll day. to available follow-up few now a

Operator

The conference attending you has now for today's concluded. presentation. Thank

disconnect. You may now

Expand Energy (EXE) 1 Nov 232023 Q3 Earnings call transcript