# Expand Energy posts surprise quarterly profit, forecasts flat 2025 production | Reuters

> Expand Energy reported a surprise quarterly profit and forecast flat production for 2025. US natural gas prices have stayed under pressure from high storage and lukewarm demand, partly offset by producer shut-ins after Hurricane Helene. Its average gas sales price fell year on year but rose 10.6% from the prior quarter.

- Date: 2024-10-29 · published 2024-10-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28059-expand-energy-posts-surprise-quarterly-profit-forecasts-flat-2025-production
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Flat producer output guidance suggests supply growth will stay limited, which may support gas prices. Gas costs feed through to nitrogen fertilizer and energy-related feed input costs.

## Read by commodity

- NATGAS: neutral

## Sources

- reuters.com: https://www.reuters.com/business/energy/expand-energy-posts-surprise-third-quarter-profit-2024-10-29/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.