Expand Energy (EXE) AI Stock Analysis

• Market Cap: $26.09B
• Dividend Yield: 2.96%
• Average Volume (3M): 3.21M
• Price to Earnings (P/E): 31.1
• Beta (1Y): 0.54
• Revenue Growth: 246.16%
• EPS Growth: 82.62%
• Country: US
• Employees: 1,500
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.97
• Shares Outstanding: 238,169,700
• 10 Day Avg. Volume: 3,403,372
• 30 Day Avg. Volume: 3,206,041
• PEG Ratio: 0.18
• Price to Book (P/B): 0.89
• Price to Sales (P/S): 3.70
• P/FCF Ratio: 1.95K
• Enterprise Value/Market Cap: 1.14
• Enterprise Value/Revenue: 2.74
• Enterprise Value/Gross Profit: 5.73
• Enterprise Value/Ebitda: 6.94
• 1Y Price Target: $133.00
• Price Target Upside: 23.45% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 20
• EPS Forecast (FY): 5.7
• Revenue Forecast (FY): $11.52B

• Rating: 71 Outperform
• Price Target: $131.00 ▲(21.59% Upside)

Expand Energy's strong earnings call and technical indicators are the most significant factors driving the score. The company's financial performance shows a positive recovery, but historical volatility and a high P/E ratio suggest caution. The stock's upward trend and strategic improvements position it well, though market volatility remains a concern.

Positive Factors

Operational Efficiency

Improved operational efficiency reduces costs and enhances profitability, allowing the company to maintain competitive production levels with fewer resources.

Debt Reduction

Reducing debt strengthens the balance sheet, lowers interest expenses, and increases financial flexibility, benefiting long-term shareholder returns.

Strategic Market Expansion

Long-term supply agreements secure future revenue streams and enhance market positioning, supporting sustained growth and profitability.

Negative Factors

Market Volatility

Volatile market conditions can lead to unpredictable revenue streams and impact strategic planning, posing risks to consistent financial performance.

Production Curtailments

Production curtailments can limit revenue growth and operational efficiency, affecting the company's ability to meet market demands and financial targets.

Historical Volatility

Past volatility in financial performance can indicate underlying instability, challenging the company's ability to deliver consistent growth and profitability.

Expand Energy Business Overview & Revenue Model

Company Description

Expand Energy Corporation operates as an independent exploration and production company in the United States. It engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs. The company holds interests in natural gas resource plays in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana. As of December 31, 2023, the company owns a portfolio of onshore U.S. unconventional natural gas assets, including interests in approximately 5,000 natural gas wells. The company was formerly known as Chesapeake Energy Corporation and changed its name to Expand Energy Corporation in October 2024. Expand Energy Corporation was founded in 1989 and is based in Oklahoma City, Oklahoma.

How the Company Makes Money

Expand Energy generates revenue through multiple streams, primarily by selling its energy storage systems and solar power solutions to residential and commercial clients. The company also offers installation services and ongoing maintenance contracts, which provide a steady income. Additionally, Expand Energy has established partnerships with utility companies and government agencies to participate in incentive programs that promote renewable energy adoption, further enhancing its revenue potential. The integration of energy management software into its product offerings allows the company to charge subscription fees for clients seeking advanced analytics and optimization tools, creating a recurring revenue model. Overall, the combination of product sales, service contracts, and strategic partnerships contributes significantly to Expand Energy's earnings.

Expand Energy Financial Statement Overview

Summary

Expand Energy shows a strong recovery with a 27.21% revenue growth and improved profitability. The balance sheet is stable with low leverage, but modest ROE indicates room for improvement. Cash flow is strong, though historically volatile.

Income Statement

Expand Energy's income statement shows a strong recovery with a TTM revenue growth rate of 27.21% and improved profitability metrics. The gross profit margin of 47.78% and net profit margin of 7.99% indicate solid operational efficiency. However, past volatility in revenue and margins, particularly the significant losses in 2020, highlight potential risks.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.28 in the TTM period, indicating prudent leverage management. The equity ratio of 65.75% suggests a strong equity base. However, the return on equity of 4.90% in the TTM period is relatively modest, suggesting room for improvement in generating returns for shareholders.

Cash Flow

Cash flow analysis reveals a robust operating cash flow to net income ratio of 1.45, indicating strong cash generation relative to earnings. The free cash flow growth rate of 26.29% in the TTM period is positive, but historical fluctuations in free cash flow highlight potential volatility in cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.85B	4.22B	7.78B	11.44B	7.30B	5.21B
Gross Profit	5.18B	1.14B	5.04B	8.16B	2.42B	620.00M
EBITDA	4.28B	1.02B	4.76B	5.56B	7.30B	-8.20B
Net Income	867.00M	-714.00M	2.42B	4.94B	6.33B	-9.73B
Balance Sheet
Total Assets	27.61B	27.89B	14.38B	15.47B	11.01B	6.58B
Cash, Cash Equivalents and Short-Term Investments	613.00M	317.00M	1.08B	130.00M	905.00M	298.00M
Total Debt	5.07B	5.83B	2.13B	3.21B	2.32B	1.96B
Total Liabilities	9.46B	10.33B	3.65B	6.34B	5.34B	11.93B
Stockholders Equity	18.15B	17.57B	10.73B	9.12B	5.67B	-5.34B
Cash Flow
Free Cash Flow	1.47B	8.00M	551.00M	2.30B	1.05B	22.00M
Operating Cash Flow	4.00B	1.56B	2.38B	4.13B	1.79B	1.16B
Investing Cash Flow	-2.89B	-1.90B	473.00M	-3.40B	-916.00M	-992.00M
Financing Cash Flow	-1.54B	-419.00M	-1.89B	-1.45B	-237.00M	101.00M

Expand Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 107.74
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EXE, the sentiment is Negative. The current price of 107.74 is below the 20-day moving average (MA) of 116.23, below the 50-day MA of 111.07, and above the 200-day MA of 105.77, indicating a neutral trend. The MACD of -0.90 indicates Positive momentum. The RSI at 38.51 is Neutral, neither overbought nor oversold. The STOCH value of 10.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EXE.

Expand Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EQT	81 Outperform	$33.92B	18.55	8.19%	1.19%	64.84%	219.47%
DVN	79 Outperform	$23.18B	8.69	18.35%	2.69%	11.14%	-21.32%
TPL	76 Outperform	$20.29B	42.65	39.37%	0.71%	12.48%	6.24%
WDS	74 Outperform	$29.42B	9.94	8.33%	7.27%	15.31%	58.83%
CTRA	73 Outperform	$19.73B	11.96	11.86%	3.46%	26.13%	31.42%
EXE	71 Outperform	$26.09B	31.13	6.12%	2.96%	246.16%	82.62%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

Expand Energy Corporate Events

Expand Energy Reports Strong Q3 2025 Financial Results

On October 28, 2025, Expand Energy Corporation reported its third quarter 2025 financial and operating results, highlighting a net income of $547 million and significant operational achievements. The company reduced its full-year capital expenditures guidance by $75 million and increased its production guidance by 50 MMcfe/d. Expand Energy also signed a 15-year supply agreement with Lake Charles Methanol and acquired significant acreage in Western Haynesville and Southwest Appalachia. These developments enhance the company’s liquidity and operational capacity, positioning it to capitalize on new market opportunities and increase shareholder value.

Expand Energy Secures $3.5 Billion Credit Facility

On September 30, 2025, Expand Energy Corporation entered into an amended and restated credit agreement with JPMorgan Chase Bank and other lenders, establishing a $3.5 billion unsecured revolving credit facility with potential for an additional $1.0 billion. This facility, maturing in five years, includes sublimits for letters of credit and swingline loans, and imposes restrictive and affirmative covenants on Expand’s operations. The agreement allows for flexible borrowing options and aims to support Expand’s working capital and general corporate purposes, while ensuring compliance with financial covenants to avoid default.