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Expand Energy Corp

Common Name
Expand Energy
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
1,500
Ticker
EXE
Exchange
NASDAQ/NGS
Description
Expand Energy Corp. is a prominent player in the energy sector, engaged primarily in the exploration, development, and production of oil and natural gas resources. The company focuses on leveraging ad...

Expand Energy's GHG Emissions Data Preview

In 2024, Expand Energy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Expand Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind Expand Energy’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Expand Energy’s data sources below and access millions more through our Disclosure Search.

a. Expand Energy's Sustainability Report 2024
a. Expand Energy's Sustainability Report 2024
b. Expand Energy's Sustainability Report 2023
b. Expand Energy's Sustainability Report 2023
c. Expand Energy's Webpage captured from company’s website 2021
c. Expand Energy's Webpage captured from company’s website 2021

Insights into Expand Energy's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofExpand Energy amounted to1,651,800metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Expand Energydecreased by 30.51%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Expand Energy's Scope 1 Emissions Over Time

2019202020212022202320240800 k1.6 M2.4 M3.2 MtCO2e-34%-2%+75%-26%-31%
  • Total Scope 1
  • Year-over-Year Change

What are Expand Energy's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Expand Energy were 1,629,138 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Expand Energy reduced its Scope 1 emissions over time?

Since 2019, Expand Energy's Scope 1 emissions have decreased by 42.02%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Expand Energy's Scope 1 emissions decreased by 31.26%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Expand Energy's Scope 2 emissions?

In 2024, Expand Energy reported Scope 2 greenhouse gas (GHG) emissions of 22,662 tCOâ‚‚e using the location-based method.a

Has Expand Energy reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Expand Energy's Scope 2 emissions(Location-Based) rose by 223.74% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Expand Energy use for Scope 2 reporting?

In 2024, Expand Energy reported its Scope 2 emissions using the location-based method.a

Expand Energy's Scope 2 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Expand Energy's Value Chain Emissions

In 2024, Expand Energy reported 130,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Expand Energy includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Expand Energy's Scope 3 Emissions Over Time

20202021202220232024035 M70 M105 M140 MtCO2e+4%+39%-18%+94%
  • Total Scope 3
  • Year-over-Year Change

What are Expand Energy's Scope 3 emissions?

In 2024, Expand Energy reported total Scope 3 emissions of 130,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year (2023), Expand Energy's Scope 3 emissions increased by 94.03%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

Insights into Expand Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Expand Energy reported Scope 1 greenhouse gas (GHG) emissions of 1,629,138 tCOâ‚‚e and total revenues of USD 4,221 millions. This translates into an emissions intensity of 385.96 tCOâ‚‚e per millions USD.a

Expand Energy's Scope 1 Emissions Intensity Compared to Peers

1050020,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)Chord EnergyYear: 2024Scope 1: 1,944,660 tCO2eRevenue: $M 5,251Scope 1 Intensity: 370.34 tCO2e/$MAntero ResourcesYear: 2024Scope 1: 201,511 tCO2eRevenue: $M 4,119Scope 1 Intensity: 48.93 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MComstock ResourcesYear: 2024Scope 1: 328,836 tCO2eRevenue: $M 1,254Scope 1 Intensity: 262.32 tCO2e/$MEQT CorpYear: 2024Scope 1: 661,557 tCO2eRevenue: $M 5,222Scope 1 Intensity: 126.68 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MHessYear: 2024Scope 1: 2,000,000 tCO2eRevenue: $M 12,896Scope 1 Intensity: 155.09 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MCNX ResourcesYear: 2024Scope 1: 484,380 tCO2eRevenue: $M 1,439Scope 1 Intensity: 336.56 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$MDiamondback EnergyYear: 2024Scope 1: 2,776,675 tCO2eRevenue: $M 11,023Scope 1 Intensity: 251.90 tCO2e/$MNorthern Oil and GasYear: 2024Scope 1: 17 tCO2eRevenue: $M 2,154Scope 1 Intensity: 0.01 tCO2e/$MOccidental PetroleumYear: 2024Scope 1: 17,900,000 tCO2eRevenue: $M 26,725Scope 1 Intensity: 669.78 tCO2e/$MOvintivYear: 2024Scope 1: 4,669,988 tCO2eRevenue: $M 9,152Scope 1 Intensity: 510.27 tCO2e/$MPermian ResourcesYear: 2024Scope 1: 2,293,371 tCO2eRevenue: $M 5,001Scope 1 Intensity: 458.61 tCO2e/$MMurphy OilYear: 2024Scope 1: 986,645 tCO2eRevenue: $M 3,019Scope 1 Intensity: 326.86 tCO2e/$MCalifornia ResourcesYear: 2024Scope 1: 4,467,797 tCO2eRevenue: $M 2,931Scope 1 Intensity: 1,524.33 tCO2e/$MAPA Corp (US)Year: 2024Scope 1: 6,225,000 tCO2eRevenue: $M 9,737Scope 1 Intensity: 639.31 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MEOG ResourcesYear: 2024Scope 1: 6,000,000 tCO2eRevenue: $M 23,378Scope 1 Intensity: 256.65 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MCivitas ResourcesYear: 2024Scope 1: 2,168,900 tCO2eRevenue: $M 5,202Scope 1 Intensity: 416.90 tCO2e/$MExpand EnergyYear: 2024Scope 1: 1,629,138 tCO2eRevenue: $M 4,221Scope 1 Intensity: 385.96 tCO2e/$M

How does Expand Energy's GHG emissions intensity compare to its peers?

In 2024, Expand Energy reported a Scope 1 emissions intensity of 385.96 tCOâ‚‚e per millions USD. Compared to the peer group median of 294.59, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Expand Energy rank on GHG emissions intensity within its industry?

In 2024, Expand Energy ranked 16 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Expand Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Expand Energy's Total Carbon Footprint

In 2024, Expand Energy reported a total carbon footprint of 131,651,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 89.76% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Expand Energy's total carbon footprint was Scope 3 emissions, accounting for 98.75% of the company's total carbon footprint, followed by Scope 1 emissions at 1.24%.a

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