Debt ManagementThe company neared its $500m debt retirement goal by paying down $440mm of debt in the quarter, setting up for imminent returns of capital to shareholders.
EarningsExpand had a solid quarter with production in line, EBITDAX 8% above consensus, and Capex 6% below consensus.
Growth StrategyManagement has announced aggressive growth plans driven by the activation of deferred TILs and DUCs that were drilled but not brought online.