Expand Energy (EXE) AI Stock Analysis

• Market Cap: $26.21B
• Dividend Yield: 3.18%
• Average Volume (3M): 3.43M
• Price to Earnings (P/E): 31.3
• Beta (1Y): 0.52
• 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: 3,617,321
• 30 Day Avg. Volume: 3,429,204
• 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: 1.13
• Enterprise Value/Revenue: 2.74
• Enterprise Value/Gross Profit: 5.73
• Enterprise Value/Ebitda: 6.94
• 1Y Price Target: $131.47
• Price Target Upside: 18.85% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 20
• EPS Forecast (FY): 5.48
• Revenue Forecast (FY): $11.54B

• Rating: 65 Neutral
• Price Target: $111.00 ▲(0.34% Upside)

Expand Energy's overall stock score is driven by strong earnings call highlights, showcasing efficiency gains and strategic market positioning. Financial performance is solid but tempered by historical volatility. Technical analysis and valuation present moderate risks, with mixed signals and a relatively high P/E ratio. The company's ability to manage market volatility and improve shareholder returns will be crucial for future performance.

Positive Factors

Revenue Growth

Exceeding revenue expectations indicates strong market demand and effective business strategies, supporting long-term growth prospects.

Debt Reduction

Reducing debt enhances financial flexibility and reduces interest burden, strengthening the company's balance sheet for future investments.

Market Position

Leading market position in natural gas production provides competitive advantages and opportunities to capitalize on growing energy demand.

Negative Factors

Market Volatility

Volatility in gas markets can lead to unpredictable revenue streams and complicate long-term planning, impacting financial stability.

Production Curtailments

Production curtailments due to seasonal demand weakness can disrupt supply chains and affect revenue consistency.

Historical Revenue Volatility

Historical revenue volatility suggests potential risks in maintaining consistent growth, impacting investor confidence and strategic planning.

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 strong revenue growth and improved cash flow generation, with a stable balance sheet. However, low net profit margins and return on equity indicate challenges in profitability.

Income Statement

Expand Energy's income statement shows a strong recovery in the TTM period with a significant revenue growth rate of 56.83% compared to the previous year. The gross profit margin improved to 57.86%, indicating efficient cost management. However, the net profit margin remains low at 2.35%, suggesting challenges in converting revenue into profit. The EBIT and EBITDA margins have improved but are still moderate, reflecting ongoing operational challenges.

Balance Sheet

The balance sheet of Expand Energy indicates a stable financial position with a manageable debt-to-equity ratio of 0.29 in the TTM period. The equity ratio is healthy, showing a strong asset base. However, the return on equity is low at 1.31%, indicating limited profitability from shareholders' investments. The company has reduced its debt levels, which is a positive sign for financial stability.

Cash Flow

Expand Energy's cash flow statement highlights a robust free cash flow growth of 186.7% in the TTM period, demonstrating improved cash generation capabilities. The operating cash flow to net income ratio is strong at 1.10, indicating efficient cash conversion. The free cash flow to net income ratio of 0.36 suggests a solid ability to generate cash relative to net income, supporting future investments and debt repayments.

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	279.00M
Total Debt	5.07B	5.83B	2.13B	3.21B	2.32B	9.13B
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: Positive
• Last Price: 110.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EXE, the sentiment is Positive. The current price of 110.62 is above the 20-day moving average (MA) of 104.19, above the 50-day MA of 102.29, and above the 200-day MA of 103.92, indicating a bullish trend. The MACD of 1.61 indicates Negative momentum. The RSI at 64.12 is Neutral, neither overbought nor oversold. The STOCH value of 85.05 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EXE.

Expand Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TPL	81 Outperform	$21.12B	44.39	39.37%	0.70%	12.48%	6.24%
EQT	78 Outperform	$34.85B	19.05	8.19%	1.13%	64.84%	219.47%
WDS	75 Outperform	$30.63B	10.46	8.33%	6.41%	15.31%	58.83%
CTRA	73 Outperform	$19.61B	11.88	11.86%	3.37%	26.13%	31.42%
DVN	72 Outperform	$20.66B	7.29	18.35%	2.91%	11.14%	-21.32%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
EXE	65 Neutral	$26.21B	31.28	6.12%	3.18%	246.16%	82.62%

Expand Energy Corporate Events

Expand Energy’s Strong Q3 2025 Performance

Expand Energy Corporation, North America’s largest natural gas producer, focuses on expanding the value of natural gas through global market connections and a returns-driven strategy. In its third quarter of 2025, Expand Energy reported a net income of $547 million, translating to $2.28 per diluted share, with adjusted net income at $234 million or $0.97 per share. The company achieved a net cash flow from operating activities of $1,201 million and an adjusted EBITDAX of $1,082 million, while producing approximately 7.33 billion cubic feet equivalent per day, predominantly natural gas.

Expand Energy’s Earnings Call Highlights Efficiency and Growth

Expand Energy Corporation’s recent earnings call conveyed a generally positive sentiment, underscoring significant strides in operational efficiency and financial health. The company showcased its ability to enhance performance through strategic market expansions and debt reduction. However, challenges such as market volatility and production curtailments in the Northeast Appalachia region were also acknowledged.

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.

The most recent analyst rating on (EXE) stock is a Buy with a $118.00 price target. To see the full list of analyst forecasts on Expand Energy stock, see the EXE Stock Forecast page.

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.

The most recent analyst rating on (EXE) stock is a Buy with a $134.00 price target. To see the full list of analyst forecasts on Expand Energy stock, see the EXE Stock Forecast page.