(EXE) Expand Energy - Overview
Sector: Energy | Industry: Oil & Gas E&P | Exchange: NASDAQ (USA) | Market Cap: 23.441m USD | Total Return: -11.6% in 12m
Avg Turnover: 249M
Qual. Beats: 0
Rev. Trend: 23.1%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Expand Energy Corporation, formerly Chesapeake Energy Corporation, is a major independent natural gas producer based in Oklahoma City. The company focuses on the exploration and development of unconventional resource plays, specifically targeting natural gas and natural gas liquids within the United States.
The firm maintains a strategic presence in premier shale formations, including the Marcellus and Utica Shales in the Appalachian Basin and the Haynesville and Bossier Shales in the Gulf Coast region. In the upstream sector, profitability is heavily influenced by regional basis differentials and the proximity of assets to liquefied natural gas (LNG) export infrastructure.
Investors can further evaluate these asset locations and operational metrics on ValueRay.
Founded in 1989, the company underwent a formal rebranding in October 2024 to reflect its evolving operational focus. Its business model relies on large-scale horizontal drilling and hydraulic fracturing to extract hydrocarbons from low-permeability reservoir rocks.
- Natural gas price volatility impacts revenue from Appalachian and Haynesville shale production
- Realization of operational synergies following the Southwestern Energy merger drives margin expansion
- LNG export demand growth influences long-term pricing for Haynesville and Bossier assets
- Capital expenditure efficiency in the Marcellus Shale affects free cash flow generation
- Federal regulatory shifts on methane emissions increase compliance costs for domestic drillers
| Net Income: 3.23b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 8.25 > 1.0 |
| NWC/Revenue: 3.10% < 20% (prev -27.62%; Δ 30.72% < -1%) |
| CFO/TA 0.20 > 3% & CFO 5.87b > Net Income 3.23b |
| Net Debt (2.89b) to EBITDA (7.10b): 0.41 < 3 |
| Current Ratio: 1.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (240.8m) vs 12m ago 2.70% < -2% |
| Gross Margin: 53.38% > 18% (prev 0.25%; Δ 5.31k% > 0.5%) |
| Asset Turnover: 49.07% > 50% (prev 19.13%; Δ 29.94% > 0%) |
| Interest Coverage Ratio: 17.53 > 6 (EBITDA TTM 7.10b / Interest Expense TTM 235.0m) |
| A: 0.01 (Total Current Assets 4.39b - Total Current Liabilities 3.95b) / Total Assets 29.5b |
| B: 0.20 (Retained Earnings 5.79b / Total Assets 29.5b) |
| C: 0.14 (EBIT TTM 4.12b / Avg Total Assets 28.7b) |
| D: 0.58 (Book Value of Equity 5.79b / Total Liabilities 9.97b) |
| Altman-Z'' = 2.31 = BBB |
| DSRI: 0.36 (Receivables 1.29b/1.35b, Revenue 14.1b/5.34b) |
| GMI: 0.47 (GM 53.38% / 24.94%) |
| AQI: 0.50 (AQ_t 0.03 / AQ_t-1 0.06) |
| SGI: 2.64 (Revenue 14.1b / 5.34b) |
| TATA: -0.09 (NI 3.23b - CFO 5.87b) / TA 29.5b) |
| Beneish M = -3.25 (Cap -4..+1) = AA |
As of May 24, 2026, the stock is trading at USD 97.59 with a total of 2,211,071 shares traded.
Over the past week, the price has changed by +1.29%,
over one month by +2.25%,
over three months by -3.98% and
over the past year by -11.63%.
Expand Energy has received a consensus analysts rating of 4.48. Therefore, it is recommended to buy EXE.
- StrongBuy: 15
- Buy: 10
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 130.9 | 34.2% |
P/E Forward = 10.2145
P/S = 1.802
P/B = 1.1944
P/EG = 22.7086
Revenue TTM = 14.1b USD
EBIT TTM = 4.12b USD
EBITDA TTM = 7.10b USD
Long Term Debt = 4.13b USD (from longTermDebt, last quarter)
Short Term Debt = 926.0m USD (from shortTermDebt, last quarter)
Debt = 5.11b USD (from shortLongTermDebtTotal, last quarter) + Leases 51.0m
Net Debt = 2.89b USD (calculated: Debt 5.11b - CCE 2.22b)
Enterprise Value = 26.3b USD (23.4b + Debt 5.11b - CCE 2.22b)
Interest Coverage Ratio = 17.53 (Ebit TTM 4.12b / Interest Expense TTM 235.0m)
EV/FCF = 9.19x (Enterprise Value 26.3b / FCF TTM 2.86b)
FCF Yield = 10.88% (FCF TTM 2.86b / Enterprise Value 26.3b)
FCF Margin = 20.32% (FCF TTM 2.86b / Revenue TTM 14.1b)
Net Margin = 22.89% (Net Income TTM 3.23b / Revenue TTM 14.1b)
Gross Margin = 53.38% ((Revenue TTM 14.1b - Cost of Revenue TTM 6.57b) / Revenue TTM)
Gross Margin QoQ = 53.24% (prev 46.41%)
Tobins Q-Ratio = 0.89 (Enterprise Value 26.3b / Total Assets 29.5b)
Interest Expense / Debt = 4.60% (Interest Expense 235.0m / Debt 5.11b)
Taxrate = 22.16% (330.0m / 1.49b)
NOPAT = 3.21b (EBIT 4.12b * (1 - 22.16%))
Current Ratio = 1.11 (Total Current Assets 4.39b / Total Current Liabilities 3.95b)
Debt / Equity = 0.26 (Debt 5.11b / totalStockholderEquity, last quarter 19.5b)
Debt / EBITDA = 0.41 (Net Debt 2.89b / EBITDA 7.10b)
Debt / FCF = 1.01 (Net Debt 2.89b / FCF TTM 2.86b)
Total Stockholder Equity = 18.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.23% (Net Income 3.23b / Total Assets 29.5b)
RoE = 17.39% (Net Income TTM 3.23b / Total Stockholder Equity 18.6b)
RoCE = 18.16% (EBIT 4.12b / Capital Employed (Equity 18.6b + L.T.Debt 4.13b))
RoIC = 12.69% (NOPAT 3.21b / Invested Capital 25.3b)
WACC = 6.34% (E(23.4b)/V(28.6b) * Re(6.94%) + D(5.11b)/V(28.6b) * Rd(4.60%) * (1-Tc(0.22)))
Discount Rate = 6.94% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 71.91 | Cagr: 26.65%
[DCF] Terminal Value 77.97% ; FCFF base≈1.88b ; Y1≈2.16b ; Y5≈3.17b
[DCF] Fair Price = 187.5 (EV 47.7b - Net Debt 2.89b = Equity 44.9b / Shares 239.2m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.41 | # QB: 0
Revenue Correlation: 23.05 | Revenue CAGR: 11.91% | SUE: 1.00 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.15 | Chg30d=-13.54% | Revisions=-27% | Analysts=20
EPS next Quarter (2026-09-30): EPS=1.43 | Chg30d=-6.54% | Revisions=-27% | Analysts=19
EPS current Year (2026-12-31): EPS=9.12 | Chg30d=+0.52% | Revisions=-12% | GrowthEPS=+49.5% | GrowthRev=+16.3%
EPS next Year (2027-12-31): EPS=9.85 | Chg30d=+3.31% | Revisions=-28% | GrowthEPS=+7.9% | GrowthRev=+0.6%
[Analyst] Revisions Ratio: -28%