Boardroom Alpha
10-K primary document
EXE · Annual Report (Form 10-K) · Filed February 18, 2026

Expand Energy Corp10-K exhibit

ex23220251231nsaiconsent.htm
Document
Exhibit 23.2
nsai.jpg



CONSENT OF INDEPENDENT PETROLEUM ENGINEERS AND GEOLOGISTS


We hereby consent to the inclusion in this Annual Report on Form 10-K of Expand Energy Corporation for the year ended December 31, 2025 (the "Annual Report") of our audit letter dated January 26, 2026, with respect to estimates of reserves and future net revenue to the Expand Energy Corporation interest, as of December 31, 2025, and to all references to our firm included in the Annual Report.


NETHERLAND, SEWELL & ASSOCIATES, INC.
By:/s/ Eric J. Stevens
Eric J. Stevens, P.E.
President and Chief Operating Officer

Dallas, Texas
February 18, 2026

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer