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Expand Energy10-K: Capacity constraint

Drilling activity surged over 250% in 2025, straining operational capacity.

What happened

The company completed 311 gross wells in 2025, a dramatic increase from 87 in 2024. This rapid operational scale-up likely places significant strain on existing project management, data tracking, and reporting systems, creating a need for more scalable and automated solutions.

Source

SEC EDGARFeb 18, 2026

Annual report (Form 10-K)

Expand Energy 10-K for FY2025

Filing excerpt

The following table sets forth the wells we completed or participated in during the periods indicated... Development: Productive 311 [Gross wells in 2025]... 87 [Gross wells in 2024]

sec.gov/Archives/edgar/data/895126/000089512626000011/exe-20251231.htmRead the full source

Other signals in this filing (9)

Extracted by Autobound

From the Signal API record
Signal
10-K: Capacity constraint

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 18, 2026

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The full record

From the Signal API record

Numbers

Percent
2.57% (Year-over-year increase in gross wells completed (311 in 2025 vs 87 in 2024).)

Details

CIK
895126
Accession number
0000895126-26-000011
Timeframe
Current year
Filing year
2026
Why it matters
Scaling solutions needed
Signal category
Operations

Topics and mentions

Regions named

  • Haynesville
  • Northeast Appalachia
  • Southwest Appalachia

Extraction

Confidence
High
Relevance
80%
Sentiment
Neutral
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
capacityConstraint

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/2ee154c2-e80f-42fe-82a0-50f5587c4577 returns this record as JSON. POST /v1/companies/enrich returns every signal for expandenergy.com.

{
  "signal_id": "2ee154c2-e80f-42fe-82a0-50f5587c4577",
  "signal_type": "sec-10k",
  "signal_subtype": "capacityConstraint",
  "detected_at": "2026-02-24T09:27:17.619+00:00",
  "company": {
    "name": "Expand Energy",
    "domain": "expandenergy.com"
  },
  "data": {
    "detail": "The company completed 311 gross wells in 2025, a dramatic increase from 87 in 2024. This rapid operational scale-up likely places significant strain on existing project management, data tracking, and reporting systems, creating a need for more scalable and automated solutions.",
    "metrics": {
      "pct": 2.57,
      "timeframe": "current_year",
      "pct_context": "Year-over-year increase in gross wells completed (311 in 2025 vs 87 in 2024)."
    },
    "summary": "Drilling activity surged over 250% in 2025, straining operational capacity.",
    "excerpts": "The following table sets forth the wells we completed or participated in during the periods indicated... Development: Productive 311 [Gross wells in 2025]... 87 [Gross wells in 2024]",
    "relevance": 0.8,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/895126/000089512626000011/exe-20251231.htm",
    "filing_date": "2026-02-18",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Scaling solutions needed",
    "signal_category": "operations",
    "regions_mentioned": [
      "Haynesville",
      "Northeast Appalachia",
      "Southwest Appalachia"
    ]
  }
}

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