Expand Energy (EXE) FY2017 results: revenue $10.0 billion, up 15.3% on the year
Expand Energy Corp. (EXE) reported revenue of $10.0 billion for fiscal 2017, the year ended 31 December 2017, up 15.3% on the year before. Net income was -$505 million, and diluted earnings per share $0.90. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2018.
Revenue
$10.0 billion
+15.3% on the year
FY2010FY2017
Operating margin
-1.4%
-37.4% a year earlier
FY2010FY2017
Net income
-$505 million
FY2010FY2017
Diluted EPS
$0.90
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
10,039
8,705
12,764
+15.3%
Operating income
-138
-3,256
-18,919
Operating margin
-1.4%
-37.4%
-148.2%
Interest expense
601
528
317
+13.8%
Pre-tax income
-500
-3,680
-19,098
Income tax
2.0
-190
-4,463
Net income
-505
-3,493
-14,567
Net margin
-5.0%
-40.1%
-114.1%
Diluted EPS
$0.90
-$6.45
-$22.26
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
475
-980
1,234
Capital expenditure
21.0
1,446
3,614
-98.5%
Free cash flow
454
-2,426
-2,380
Free cash flow margin
4.5%
-27.9%
-18.6%
Cash from investing
-918
116
-3,451
Cash from financing
-434
921
-1,066
Depreciation and amortisation
1,697
1,698
2,229
-0.1%
Share-based compensation
49.0
52.0
78.0
-5.8%
Dividends paid
0.0
0.0
118
Dividend per share
$0.00
$0.00
$0.09
Diluted shares, weighted
906m
764m
662m
+18.6%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
1,899
-1,331
2,138
Non-controlling interest
44.0
128
259
-65.6%
Debt
9,973
10,441
10,692
-4.5%
Other liabilities
3,009
3,790
4,225
-20.6%
Total liabilities and equity
14,925
13,028
17,314
+14.6%
Fixed assets
13,179
10,609
14,298
+24.2%
Cash and equivalents
5.0
882
825
-99.4%
Receivables
1,322
1,057
1,129
+25.1%
Other assets
419
480
1,062
-12.7%
Total assets
14,925
13,028
17,314
+14.6%
10-K for the year ended 31 December 2017, filed 22 February 2018: the filing.