Natgas producer Expand Energy beats fourth-quarter profit estimates

Reuters

02/18

Feb 17 (Reuters) - U.S. natural gas producer Expand Energy EXE.O surpassed Wall Street estimates for fourth-quarter profit on Tuesday, driven by higher production and commodity prices.

The company posted an adjusted profit of $2 per share for the quarter ended December 31, compared with analysts' average estimate of $1.88, according to data compiled by LSEG.

(Reporting by Sumit Saha in Bengaluru; Editing by Alan Barona)

((Sumit.Saha@thomsonreuters.com))

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