Expand Energy (EXE) AI Stock Analysis

• Market Cap: $22.62B
• Dividend Yield: 3.35%
• Average Volume (3M): 3.39M
• Price to Earnings (P/E): 245.8
• Beta (1Y): 0.55
• Revenue Growth: 124.77%
• EPS Growth: -87.12%
• Country: US
• Employees: 1,500
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 1.10
• Shares Outstanding: 238,145,680
• 10 Day Avg. Volume: 3,085,296
• 30 Day Avg. Volume: 3,391,657
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.44
• Enterprise Value/Revenue: 3.81
• Enterprise Value/Gross Profit: 7.07
• Enterprise Value/Ebitda: 11.29
• 1Y Price Target: $133.68
• Price Target Upside: 40.73% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 19

• Rating: 59 Neutral
• Price Target: $109.00 ▲(14.75% Upside)

Expand Energy's overall stock score reflects a challenging financial environment with negative profitability and high valuation concerns. However, the positive guidance from the earnings call and strong corporate events provide a more optimistic outlook. The technical indicators remain bearish, but strategic initiatives and operational improvements offer potential long-term benefits.

Positive Factors

Debt Management

EXE remains focused on enhancing its balance sheet with its year-end net debt reduction target doubled to $1.0 billion.

Financial Performance

EXE showcased positive 2Q25 results with a strong FCF beat driven by a lower overall operating cost structure and capex.

Valuation

EXE trades at lower EV/EBITDA multiples compared to its peers, making its valuation more compelling.

Negative Factors

Free Cash Flow

A free cash flow miss is anticipated due to softer pricing.

Tax Liability

A catch-up liability is expected in Q2 due to no cash tax payments in Q1.

Expand Energy Business Overview & Revenue Model

Company Description

Chesapeake 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. Chesapeake Energy Corporation was founded in 1989 and is based in Oklahoma City, Oklahoma.

How the Company Makes Money

EXE makes money primarily through the sale of electricity generated from its renewable energy projects. The company enters into long-term power purchase agreements (PPAs) with utilities, governments, and large corporations, ensuring a stable and predictable revenue stream. Additionally, EXE benefits from government incentives and subsidies aimed at promoting clean energy, which enhance their financial returns. The company also explores opportunities in energy trading and grid services, leveraging its expertise to optimize energy distribution and maximize profits. Strategic partnerships with technology companies and financial institutions further bolster their revenue by enabling expansion into new markets and enhancing project financing capabilities.

Expand Energy Financial Statement Overview

Summary

Expand Energy's financial performance is constrained by negative profitability margins and erratic revenue growth. Despite a strong equity position and moderate leverage, the negative net income and operational losses indicate financial instability.

Income Statement

Expand Energy's income statement reveals a challenging situation. The Gross Profit Margin for TTM is 23.7%, which is relatively stable, but the company is burdened by a negative Net Profit Margin of -18.5%, indicating significant net losses. The revenue growth rate shows improvement in the latest period with a 26.9% increase from the previous annual report, but this follows a volatile trend. EBIT Margin is negative at -20.0%, highlighting operational difficulties. The EBITDA Margin stands at 18.9% for TTM, indicating some resilience in operational cash generation despite the challenges.

Balance Sheet

The balance sheet of Expand Energy shows a relatively stable equity position with a strong Equity Ratio of 61.5%. The Debt-to-Equity Ratio is 0.31, reflecting moderate leverage, which is a positive indicator of financial stability. However, the Return on Equity for TTM is negative at -5.8%, reflecting ongoing profitability challenges. The company has maintained a sound asset base growth, but profitability remains a core issue.

Cash Flow

Expand Energy's cash flow situation is mixed. The Operating Cash Flow to Net Income Ratio is -2.13, indicating operating cash flow is positive despite negative net income, which is a positive sign for liquidity. Free Cash Flow has increased in the TTM, but the Free Cash Flow to Net Income Ratio is -0.41, highlighting insufficient free cash generation relative to losses. Although there is improvement in cash flow metrics, consistent operational cash generation remains a challenge.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.53B	4.22B	7.78B	11.44B	7.30B	5.21B
Gross Profit	4.59B	1.14B	4.87B	8.16B	2.42B	620.00M
EBITDA	2.88B	1.01B	4.75B	5.56B	7.30B	-8.20B
Net Income	206.00M	-714.00M	2.42B	4.94B	6.33B	-9.73B
Balance Sheet
Total Assets	27.77B	27.89B	14.38B	15.47B	11.01B	6.58B
Cash, Cash Equivalents and Short-Term Investments	731.00M	317.00M	1.08B	130.00M	905.00M	279.00M
Total Debt	0.00	5.75B	2.11B	3.18B	2.31B	1.95B
Total Liabilities	9.83B	10.33B	3.65B	6.34B	5.34B	11.93B
Stockholders Equity	17.94B	17.57B	10.73B	9.12B	5.67B	-5.34B
Cash Flow
Free Cash Flow	1.16B	8.00M	551.00M	2.30B	1.05B	22.00M
Operating Cash Flow	3.22B	1.56B	2.38B	4.13B	1.79B	1.16B
Investing Cash Flow	-2.36B	-1.90B	473.00M	-3.40B	-916.00M	-992.00M
Financing Cash Flow	-1.15B	-419.00M	-1.89B	-1.45B	-237.00M	101.00M

Expand Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 94.99
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 94.99 is below the 20-day moving average (MA) of 98.01, below the 50-day MA of 106.30, and below the 200-day MA of 101.97, indicating a bearish trend. The MACD of -2.90 indicates Positive momentum. The RSI at 33.94 is Neutral, neither overbought nor oversold. The STOCH value of 10.06 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
WDS	80 Outperform	$32.97B	9.35	10.22%	6.97%	-0.21%	116.71%
FANG	76 Outperform	$40.75B	10.01	13.55%	2.77%	51.78%	-27.29%
DVN	74 Outperform	$21.49B	7.58	20.60%	3.38%	10.98%	-19.25%
OXY	73 Outperform	$44.07B	26.31	6.98%	2.06%	-1.66%	-58.96%
CTRA	69 Neutral	$18.37B	11.54	11.42%	3.62%	16.56%	20.21%
EXE	59 Neutral	$22.62B	245.77	1.46%	3.35%	124.77%	-87.12%
Sector *	56 Neutral	C$4.19B	2.00	16.25%	5.63%	10.50%	-54.55%

Expand Energy Corporate Events

Expand Energy Reports Strong Q2 2025 Financial Results

On July 29, 2025, Expand Energy Corporation reported its financial and operating results for the second quarter of 2025, highlighting a net cash provision of $1,322 million and a net income of $968 million. The company achieved significant operational efficiencies, reducing capital expenditures by $100 million and increasing annual synergy outlook to $600 million by 2026. With a focus on shareholder returns, Expand Energy plans to pay down $1 billion in net debt and return $585 million to shareholders through dividends and share repurchases in the first half of 2025. The company also released its inaugural Sustainability Report, underscoring its commitment to continuous improvement and value creation for shareholders.

The most recent analyst rating on (EXE) stock is a Buy with a $130.00 price target. To see the full list of analyst forecasts on Expand Energy stock, see the EXE Stock Forecast page.

Expand Energy Holds Annual Shareholders Meeting on June 5

On June 5, 2025, Expand Energy Corporation held its Annual Meeting of Shareholders where key decisions were made regarding the company’s governance and financial oversight. Shareholders elected 11 directors to the board, approved the executive compensation for 2024, and ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor for 2025. These decisions are expected to influence the company’s strategic direction and financial transparency, impacting stakeholders’ confidence and the company’s market positioning.

The most recent analyst rating on (EXE) stock is a Hold with a $105.00 price target. To see the full list of analyst forecasts on Expand Energy stock, see the EXE Stock Forecast page.