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 2023, 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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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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 2023
a. Expand Energy's Sustainability Report 2023
b. Expand Energy's Webpage captured from company’s website 2021
b. Expand Energy's Webpage captured from company’s website 2021

Insights into Expand Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Expand Energy amounted to 803,373 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Expand Energy decreased by 55%, 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

2018201920202021202220230750 k1.5 M2.25 M3 MtCO2e+10%-34%-2%-5%-54%
  • Total Scope 1
  • Year-over-Year Change

What are Expand Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Expand Energy were 799,373 metric tons of CO₂ equivalent (tCO₂e). a

Has Expand Energy reduced its Scope 1 emissions over time?

Since 2018, Expand Energy's Scope 1 emissions have decreased by 68.65%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Expand Energy's Scope 1 emissions decreased by 53.85%, 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 2023, Expand Energy reported Scope 2 greenhouse gas (GHG) emissions of 4,000 tCO₂e using the location-based method. a

Has Expand Energy reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Expand Energy's Scope 2 emissions (Location-Based) fell by 92.45% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Expand Energy use for Scope 2 reporting?

In 2023, Expand Energy reported its Scope 2 emissions using the location-based method. a

Expand Energy's Scope 2 Emissions Over Time

2020202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Expand Energy's Value Chain Emissions

In 2023, Expand Energy reported 67,000,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Expand Energy includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Expand Energy's Scope 3 Emissions Over Time

2020202120222023025 M50 M75 M100 MtCO2e+4%+39%-18%
  • Total Scope 3
  • Year-over-Year Change

What are Expand Energy's Scope 3 emissions?

In 2023, Expand Energy reported total Scope 3 emissions of 67,000,000 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Expand Energy's Scope 3 emissions decreased by 18.29%, highlighting the company's efforts to lower indirect emissions from its value chain. a

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

In 2023, Expand Energy reported Scope 1 greenhouse gas (GHG) emissions of 799,373 tCO₂e and total revenues of USD 7,775 millions. This translates into an emissions intensity of 102.81 tCO₂e 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: 2023Scope 1: 1,500,209 tCO2eRevenue: $M 3,897Scope 1 Intensity: 385.00 tCO2e/$MAntero ResourcesYear: 2023Scope 1: 221,063 tCO2eRevenue: $M 4,279Scope 1 Intensity: 51.66 tCO2e/$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: 2023Scope 1: 668,626 tCO2eRevenue: $M 5,070Scope 1 Intensity: 131.88 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MCNX ResourcesYear: 2023Scope 1: 559,769 tCO2eRevenue: $M 1,506Scope 1 Intensity: 371.62 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$MDiamondback EnergyYear: 2023Scope 1: 1,757,044 tCO2eRevenue: $M 8,412Scope 1 Intensity: 208.87 tCO2e/$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: 2023Scope 1: 2,150,671 tCO2eRevenue: $M 3,121Scope 1 Intensity: 689.12 tCO2e/$MMurphy OilYear: 2024Scope 1: 986,645 tCO2eRevenue: $M 3,019Scope 1 Intensity: 326.86 tCO2e/$MCalifornia ResourcesYear: 2023Scope 1: 2,603,000 tCO2eRevenue: $M 2,813Scope 1 Intensity: 925.35 tCO2e/$MAPA Corp (US)Year: 2023Scope 1: 5,962,000 tCO2eRevenue: $M 8,279Scope 1 Intensity: 720.14 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MEOG ResourcesYear: 2023Scope 1: 5,700,000 tCO2eRevenue: $M 23,182Scope 1 Intensity: 245.88 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MCivitas ResourcesYear: 2023Scope 1: 1,920,131 tCO2eRevenue: $M 3,479Scope 1 Intensity: 551.88 tCO2e/$MExpand EnergyYear: 2023Scope 1: 799,373 tCO2eRevenue: $M 7,775Scope 1 Intensity: 102.81 tCO2e/$M

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

In 2023, Expand Energy reported a Scope 1 emissions intensity of 102.81 tCO₂e per millions USD. Compared to the peer group median of 326.86 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2023, Expand Energy ranked 5 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Expand Energy among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Expand Energy's Total Carbon Footprint

In 2023, Expand Energy reported a total carbon footprint of 67,803,373 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.07% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Expand Energy's total carbon footprint was Scope 3 emissions, accounting for 98.82% of the company's total carbon footprint, followed by Scope 1 emissions at 1.18%. a

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