Expand Energy’s Q1 2026 earnings call made one thing clear: the company is positioning itself for a long-term structural growth cycle in U.S. natural gas demand, with LNG exports sitting at the center of the strategy. Management repeatedly emphasized that Expand’s Haynesville position is uniquely advantaged because it sits directly on the Gulf Coast LNG corridor. Expand sees LNG as a long-term extension of its upstream business and intends to move further down the value chain through marketing, transportation and potentially gas supply management services tied to export facilities.
Featured Articles
- Blog
Two Sides of the Coin – U.S. E&Ps Increasingly See LNG as Way to Get a Piece of the Arbitrage Pie
Russia’s 2022 invasion of Ukraine not only led to the demise of Russian pipeline gas supplies to Europe and caused prices to spike, but it also helped create new arbitrage opportunities for U.S. LNG shippers. In today’s RBN blog, we look at the different approaches the U.S. upstream has adopted in response.
- Analyst Insight
Q1 2026 Earnings Calls: Tourmaline Says Western Canada’s Gas Glut Looks Temporary
Tourmaline says Western Canada’s gas glut could disappear faster than markets expect on recent earnings call
- Blog
Homeward Bound – Shell Returns to Production Growth With Focus on Deepwater, LNG and Montney
Shell’s two major September developments mark strategic milestones in its resumption of upstream growth after an extended reshaping of its portfolio since 2020. Today, we analyze Shell’s upstream strategy since then, which has taken a different path from fellow supermajors ExxonMobil and BP.
