Symbols / EXE Stock $102.15 +1.15% Expand Energy Corporation

Energy • Oil & Gas E&P • United States • NMS
EXE (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Energy
Industry Oil & Gas E&P
CEO Mr. Michael A. Wichterich
Exch · Country NMS · United States
Market Cap 24.44B
Enterprise Value 27.28B
Income 3.23B
Sales 12.96B
FCF (ttm) 1.70B
Book/sh 81.41
Cash/sh 9.28
Employees 1,600
Insider 10d
IPO Feb 10, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 23.74%
P/E 7.60
Forward P/E 10.45
PEG 7.68
P/S 1.89
P/B 1.25
P/C
EV/EBITDA 3.67
EV/Sales 2.10
Quick Ratio 0.89
Current Ratio 1.11
Debt/Eq 25.88
LT Debt/Eq
EPS (ttm) 13.44
EPS next Y 9.77
EPS Growth
Revenue Growth 41.00%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next) 2026-07-28
Earnings (prior) 2026-04-28
ROA 9.67%
ROE 17.57%
ROIC
Gross Margin 47.95%
Oper. Margin 34.04%
Profit Margin 24.91%
Shs Outstand 239.23M
Shs Float 238.18M
Insider Own 0.29%
Instit Own 94.77%
Short Float 3.01%
Short Ratio 1.49
Short Interest 6.41M
52W High 126.62
vs 52W High -19.33%
52W Low 91.02
vs 52W Low 12.23%
Beta 0.46
Impl. Vol. 1.56%
Rel Volume 0.95
Avg Volume 3.97M
Volume 3.76M
Target (mean) $132.38
Tgt Median $131.50
Tgt Low $95.00
Tgt High $165.00
# Analysts 26
Recom Strong_buy
Prev Close $100.99
Price $102.15
Change 1.15%
About

Expand Energy Corporation operates as an independent natural gas production company in the United States. The company engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids. It holds interests in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; the Marcellus and Utica Shales in Ohio and West Virginia; and the Haynesville and Bossier Shales in Louisiana and Texas. Expand Energy Corporation was formerly known as Chesapeake Energy Corporation and changed its name to Expand Energy Corporation in October 2024. The company was founded in 1989 and is based in Oklahoma City, Oklahoma.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$102.15
Low
$95.00
High
$165.00
Mean
$132.38

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-30 down William Blair Outperform → Market Perform
2026-04-30 main UBS Buy → Buy $135
2026-04-30 reit Truist Securities Buy → Buy $134
2026-04-13 main UBS Buy → Buy $133
2026-04-09 main Truist Securities Buy → Buy $133
2026-04-02 down Keybanc Overweight → Sector Weight
2026-03-24 init Truist Securities Buy → Buy $136
2026-03-16 main Barclays Overweight → Overweight $127
2026-03-12 main Piper Sandler Overweight → Overweight $138
2026-03-05 main Benchmark Buy → Buy $124
2026-03-05 main Piper Sandler Overweight → Overweight $136
2026-02-23 main UBS Buy → Buy $135
2026-02-23 main Barclays Overweight → Overweight $125
2026-02-18 main Stephens & Co. Overweight → Overweight $146
2026-01-28 main Piper Sandler Overweight → Overweight $137
2026-01-21 main Barclays Overweight → Overweight $126
2026-01-20 main Stephens & Co. Overweight → Overweight $140
2026-01-08 main UBS Buy → Buy $150
2026-01-08 main Jefferies Buy → Buy $143
2026-01-05 main Bernstein Outperform → Outperform $144
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-06 TEUNISSEN MARCEL Chief Financial Officer 5,144 $0.00 $0
2026-03-13 LACY CHRISTOPHER W General Counsel 5,693 $0.00 $0
2026-03-13 VIETS JOSHUA J Chief Financial Officer 10,815 $0.00 $0
2026-03-13 VIETS JOSHUA J Chief Financial Officer 14,736
2026-03-13 LARSON GREGORY M Officer 2,372 $0.00 $0
2026-03-13 LARSON GREGORY M Officer 953
2026-03-13 TURCO DANIEL F Officer 5,693 $0.00 $0
2026-03-13 RAIFORD BRITTANY Chief Financial Officer 3,558 $0.00 $0
2026-03-06 WICHTERICH MICHAEL A. Chief Executive Officer 2,000 $107.00 $215,000
2026-02-19 GALLAGHER MATTHEW Director 1,000 $100.66 $100,660
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
12,189.00
+188.77%
4,221.00
-45.71%
7,775.00
-32.05%
11,443.00
Operating Revenue
12,189.00
+188.77%
4,221.00
-45.71%
7,775.00
-32.05%
11,443.00
Cost Of Revenue
5,991.00
+94.51%
3,080.00
+12.57%
2,736.00
-16.76%
3,287.00
Reconciled Cost Of Revenue
5,991.00
+94.51%
3,080.00
+12.57%
2,736.00
-16.76%
3,287.00
Gross Profit
6,198.00
+443.21%
1,141.00
-77.36%
5,039.00
-38.22%
8,156.00
Operating Expense
3,427.00
+86.45%
1,838.00
-31.19%
2,671.00
-39.69%
4,429.00
Selling General And Administration
3,341.00
+123.33%
1,496.00
-43.03%
2,626.00
-39.73%
4,357.00
Selling And Marketing Expense
3,160.00
+141.22%
1,310.00
-47.58%
2,499.00
-40.71%
4,215.00
General And Administrative Expense
181.00
-2.69%
186.00
+46.46%
127.00
-10.56%
142.00
Other Gand A
181.00
-2.69%
186.00
+46.46%
127.00
-10.56%
142.00
Other Operating Expenses
86.00
-74.85%
342.00
+660.00%
45.00
-37.50%
72.00
Total Expenses
9,418.00
+91.50%
4,918.00
-9.04%
5,407.00
-29.92%
7,716.00
Operating Income
2,771.00
+497.56%
-697.00
-129.43%
2,368.00
-36.46%
3,727.00
Total Operating Income As Reported
2,471.00
+407.72%
-803.00
-125.56%
3,142.00
-16.88%
3,780.00
EBITDA
5,497.00
+439.98%
1,018.00
-78.56%
4,748.00
-14.67%
5,564.00
Normalized EBITDA
5,793.00
+414.93%
1,125.00
-71.69%
3,974.00
-27.96%
5,516.00
Reconciled Depreciation
2,980.00
+72.35%
1,729.00
+13.23%
1,527.00
-12.89%
1,753.00
EBIT
2,517.00
+454.01%
-711.00
-122.07%
3,221.00
-15.48%
3,811.00
Total Unusual Items
-296.00
-176.64%
-107.00
-113.82%
774.00
+1512.50%
48.00
Total Unusual Items Excluding Goodwill
-296.00
-176.64%
-107.00
-113.82%
774.00
+1512.50%
48.00
Special Income Charges
-296.00
-176.64%
-107.00
-113.82%
774.00
+1512.50%
48.00
Other Special Charges
-4.00
-500.00%
1.00
5.00
Impairment Of Capital Assets
37.00
0.00
0.00
0.00
Restructuring And Mergern Acquisition
198.00
+65.00%
120.00
-30.23%
172.00
-30.36%
247.00
Net Income
1,819.00
+354.76%
-714.00
-129.52%
2,419.00
-50.99%
4,936.00
Pretax Income
2,282.00
+371.34%
-841.00
-126.98%
3,117.00
-14.63%
3,651.00
Net Non Operating Interest Income Expense
-104.00
Interest Expense Non Operating
235.00
+80.77%
130.00
+25.00%
104.00
-35.00%
160.00
Net Interest Income
-235.00
-91.06%
-123.00
-18.27%
-104.00
+35.00%
-160.00
Interest Expense
235.00
+80.77%
130.00
+25.00%
104.00
-35.00%
160.00
Interest Income Non Operating
7.00
-22.22%
9.00
+200.00%
3.00
Interest Income
7.00
-22.22%
9.00
+200.00%
3.00
Other Income Expense
-254.00
-1109.52%
-21.00
-102.46%
853.00
+915.48%
84.00
Other Non Operating Income Expenses
42.00
-51.16%
86.00
+8.86%
79.00
+119.44%
36.00
Tax Provision
463.00
+464.57%
-127.00
-118.19%
698.00
+154.32%
-1,285.00
Tax Rate For Calcs
0.00
+34.44%
0.00
-32.59%
0.00
+6.67%
0.00
Tax Effect Of Unusual Items
-60.09
-271.90%
-16.16
-109.32%
173.38
+1620.00%
10.08
Net Income Including Noncontrolling Interests
1,819.00
+354.76%
-714.00
-129.52%
2,419.00
-50.99%
4,936.00
Net Income From Continuing Operation Net Minority Interest
1,819.00
+354.76%
-714.00
-129.52%
2,419.00
-50.99%
4,936.00
Net Income From Continuing And Discontinued Operation
1,819.00
+354.76%
-714.00
-129.52%
2,419.00
-50.99%
4,936.00
Net Income Continuous Operations
1,819.00
+354.76%
-714.00
-129.52%
2,419.00
-50.99%
4,936.00
Minority Interests
0.00
Normalized Income
2,054.91
+429.76%
-623.16
-134.27%
1,818.38
-62.88%
4,898.08
Net Income Common Stockholders
1,819.00
+354.76%
-714.00
-129.52%
2,419.00
-50.32%
4,869.00
Otherunder Preferred Stock Dividend
0.00
0.00
-100.00%
67.00
Diluted EPS
7.57
+266.37%
-4.55
-126.89%
16.92
-49.28%
33.36
Basic EPS
7.67
+268.57%
-4.55
-124.99%
18.21
-52.96%
38.71
Basic Average Shares
237.29
+51.15%
156.99
+18.18%
132.84
+5.61%
125.78
Diluted Average Shares
240.37
+53.11%
156.99
+9.80%
142.98
-2.05%
145.96
Diluted NI Availto Com Stockholders
1,819.00
+354.76%
-714.00
-129.52%
2,419.00
-50.32%
4,869.00
Gain On Sale Of PPE
-65.00
-564.29%
14.00
-98.52%
946.00
+215.33%
300.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
28,287.00
+1.41%
27,894.00
+94.03%
14,376.00
-7.06%
15,468.00
Current Assets
2,916.00
+46.02%
1,997.00
-23.46%
2,609.00
-3.30%
2,698.00
Cash Cash Equivalents And Short Term Investments
616.00
+94.32%
317.00
-70.62%
1,079.00
+730.00%
130.00
Cash And Cash Equivalents
616.00
+94.32%
317.00
-70.62%
1,079.00
+730.00%
130.00
Cash Financial
616.00
+94.32%
317.00
-70.62%
1,079.00
Receivables
1,599.00
+30.42%
1,226.00
+106.75%
593.00
-63.08%
1,606.00
Accounts Receivable
1,363.00
+32.59%
1,028.00
+153.20%
406.00
-65.33%
1,171.00
Receivables Adjustments Allowances
-14.00
-27.27%
-11.00
-1000.00%
-1.00
+66.67%
-3.00
Other Receivables
18.00
+0.00%
18.00
+125.00%
8.00
-66.67%
24.00
Taxes Receivable
33.00
-80.36%
168.00
Restricted Cash
80.00
+2.56%
78.00
+5.41%
74.00
+19.35%
62.00
Assets Held For Sale Current
0.00
-100.00%
819.00
Hedging Assets Current
264.00
+214.29%
84.00
-86.81%
637.00
+1773.53%
34.00
Other Current Assets
357.00
+22.26%
292.00
+29.20%
226.00
+380.85%
47.00
Total Non Current Assets
25,371.00
-2.03%
25,897.00
+120.08%
11,767.00
-7.85%
12,770.00
Net PPE
24,315.00
+0.14%
24,282.00
+140.49%
10,097.00
-9.74%
11,187.00
Gross PPE
32,593.00
+9.95%
29,644.00
+115.26%
13,771.00
+1.12%
13,618.00
Accumulated Depreciation
-8,278.00
-54.38%
-5,362.00
-45.94%
-3,674.00
-51.13%
-2,431.00
Land And Improvements
25.00
-13.79%
29.00
+3.57%
28.00
-12.50%
32.00
Buildings And Improvements
135.00
-58.97%
329.00
+4.11%
316.00
-2.77%
325.00
Machinery Furniture Equipment
163.00
+8.67%
150.00
+32.74%
113.00
+22.83%
92.00
Other Properties
186.00
+27.40%
146.00
+265.00%
40.00
-21.57%
51.00
Non Current Deferred Assets
168.00
-71.48%
589.00
-36.87%
933.00
-30.94%
1,351.00
Non Current Deferred Taxes Assets
168.00
-71.48%
589.00
-36.87%
933.00
-30.94%
1,351.00
Other Non Current Assets
841.00
-17.95%
1,025.00
+54.60%
663.00
+258.38%
185.00
Total Liabilities Net Minority Interest
9,709.00
-6.00%
10,329.00
+183.22%
3,647.00
-42.51%
6,344.00
Current Liabilities
2,901.00
-7.11%
3,123.00
+137.67%
1,314.00
-51.41%
2,704.00
Payables And Accrued Expenses
2,332.00
+13.81%
2,049.00
+83.11%
1,119.00
-34.79%
1,716.00
Payables
1,882.00
+13.85%
1,653.00
+90.22%
869.00
-38.85%
1,421.00
Accounts Payable
753.00
-3.09%
777.00
+82.82%
425.00
-29.52%
603.00
Other Payable
972.00
+32.43%
734.00
+103.89%
360.00
-50.95%
734.00
Current Accrued Expenses
450.00
+13.64%
396.00
+58.40%
250.00
-15.25%
295.00
Pensionand Other Post Retirement Benefit Plans Current
107.00
-13.71%
124.00
+93.75%
64.00
-11.11%
72.00
Total Tax Payable
157.00
+10.56%
142.00
+69.05%
84.00
+0.00%
84.00
Current Debt And Capital Lease Obligation
51.00
-88.91%
460.00
+447.62%
84.00
-2.33%
86.00
Current Debt
389.00
Other Current Borrowings
389.00
Current Capital Lease Obligation
51.00
-28.17%
71.00
-15.48%
84.00
-2.33%
86.00
Current Deferred Liabilities
264.00
-11.11%
297.00
+3612.50%
8.00
-76.47%
34.00
Current Deferred Revenue
264.00
-11.11%
297.00
+3612.50%
8.00
-76.47%
34.00
Other Current Liabilities
147.00
-23.83%
193.00
+394.87%
39.00
-95.10%
796.00
Total Non Current Liabilities Net Minority Interest
6,808.00
-5.52%
7,206.00
+208.87%
2,333.00
-35.91%
3,640.00
Long Term Debt And Capital Lease Obligation
5,009.00
-5.33%
5,291.00
+160.90%
2,028.00
-34.43%
3,093.00
Long Term Debt
5,009.00
-5.33%
5,291.00
+160.90%
2,028.00
-34.43%
3,093.00
Long Term Provisions
688.00
+37.88%
499.00
+88.30%
265.00
-17.96%
323.00
Non Current Deferred Liabilities
975.00
-20.54%
1,227.00
0.00
Non Current Deferred Revenue
975.00
-20.54%
1,227.00
0.00
Other Non Current Liabilities
135.00
+11.57%
121.00
+290.32%
31.00
-38.00%
50.00
Stockholders Equity
18,578.00
+5.77%
17,565.00
+63.72%
10,729.00
+17.59%
9,124.00
Common Stock Equity
18,578.00
+5.77%
17,565.00
+63.72%
10,729.00
+17.59%
9,124.00
Capital Stock
2.00
+0.00%
2.00
+100.00%
1.00
+0.00%
1.00
Common Stock
2.00
+0.00%
2.00
+100.00%
1.00
+0.00%
1.00
Preferred Stock
Share Issued
239.25
+3.23%
231.77
+77.21%
130.79
-2.91%
134.72
Ordinary Shares Number
239.25
+3.23%
231.77
+77.21%
130.79
-2.91%
134.72
Additional Paid In Capital
13,746.00
+0.43%
13,687.00
+137.87%
5,754.00
+0.52%
5,724.00
Retained Earnings
4,830.00
+24.61%
3,876.00
-22.07%
4,974.00
+46.34%
3,399.00
Gains Losses Not Affecting Retained Earnings
Total Equity Gross Minority Interest
18,578.00
+5.77%
17,565.00
+63.72%
10,729.00
+17.59%
9,124.00
Total Capitalization
23,587.00
+3.20%
22,856.00
+79.16%
12,757.00
+4.42%
12,217.00
Working Capital
15.00
+101.33%
-1,126.00
-186.95%
1,295.00
+21683.33%
-6.00
Invested Capital
23,587.00
+1.47%
23,245.00
+82.21%
12,757.00
+4.42%
12,217.00
Total Debt
5,060.00
-12.02%
5,751.00
+172.30%
2,112.00
-33.56%
3,179.00
Net Debt
4,393.00
-18.09%
5,363.00
+465.12%
949.00
-67.97%
2,963.00
Capital Lease Obligations
51.00
-28.17%
71.00
-15.48%
84.00
-2.33%
86.00
Net Tangible Assets
18,578.00
+5.77%
17,565.00
+63.72%
10,729.00
+17.59%
9,124.00
Tangible Book Value
18,578.00
+5.77%
17,565.00
+63.72%
10,729.00
+17.59%
9,124.00
Derivative Product Liabilities
1.00
-98.53%
68.00
+655.56%
9.00
-94.83%
174.00
Duefrom Related Parties Current
232.00
+21.47%
191.00
+6.11%
180.00
-26.83%
246.00
Financial Assets
47.00
+4600.00%
1.00
-98.65%
74.00
+57.45%
47.00
Interest Payable
100.00
+0.00%
100.00
+156.41%
39.00
-7.14%
42.00
Line Of Credit
0.00
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
4,575.00
+192.33%
1,565.00
-34.24%
2,380.00
-42.30%
4,125.00
Cash Flow From Continuing Operating Activities
4,575.00
+192.33%
1,565.00
-34.24%
2,380.00
-42.30%
4,125.00
Net Income From Continuing Operations
1,819.00
+354.76%
-714.00
-129.52%
2,419.00
-50.99%
4,936.00
Depreciation Amortization Depletion
2,980.00
+72.35%
1,729.00
+13.23%
1,527.00
-12.89%
1,753.00
Other Non Cash Items
56.00
-93.95%
925.00
+148.66%
372.00
+110.58%
-3,516.00
Stock Based Compensation
46.00
+21.05%
38.00
+15.15%
33.00
+50.00%
22.00
Asset Impairment Charge
0.00
0.00
Deferred Tax
448.00
+464.23%
-123.00
-128.74%
428.00
+132.13%
-1,332.00
Deferred Income Tax
448.00
+464.23%
-123.00
-128.74%
428.00
+132.13%
-1,332.00
Operating Gains Losses
-489.00
-2056.00%
25.00
+100.93%
-2,674.00
-212.12%
2,385.00
Gain Loss On Investment Securities
-550.00
-1547.37%
38.00
+102.20%
-1,728.00
-164.48%
2,680.00
Change In Working Capital
-285.00
+9.52%
-315.00
-214.55%
275.00
+323.58%
-123.00
Investing Cash Flow
-2,759.00
-44.91%
-1,904.00
-502.54%
473.00
+113.91%
-3,401.00
Cash Flow From Continuing Investing Activities
-2,759.00
-44.91%
-1,904.00
-502.54%
473.00
+113.91%
-3,401.00
Net PPE Purchase And Sale
-125.00
-695.24%
21.00
-99.17%
2,533.00
+522.36%
407.00
Purchase Of PPE
-195.00
0.00
0.00
Sale Of PPE
70.00
+233.33%
21.00
-99.17%
2,533.00
+522.36%
407.00
Capital Expenditure
-2,931.00
-88.25%
-1,557.00
+14.87%
-1,829.00
-0.33%
-1,823.00
Capital Expenditure Reported
-2,736.00
-75.72%
-1,557.00
+14.87%
-1,829.00
-0.33%
-1,823.00
Net Investment Purchase And Sale
-14.00
+81.33%
-75.00
+67.53%
-231.00
-1183.33%
-18.00
Purchase Of Investment
-14.00
+81.33%
-75.00
+67.53%
-231.00
-1183.33%
-18.00
Net Business Purchase And Sale
0.00
+100.00%
-459.00
0.00
+100.00%
-1,967.00
Purchase Of Business
0.00
+100.00%
-459.00
0.00
+100.00%
-1,967.00
Net Other Investing Changes
116.00
-30.12%
166.00
Financing Cash Flow
-1,515.00
-261.58%
-419.00
+77.85%
-1,892.00
-30.84%
-1,446.00
Cash Flow From Continuing Financing Activities
-1,515.00
-261.58%
-419.00
+77.85%
-1,892.00
-30.84%
-1,446.00
Net Issuance Payments Of Debt
-663.00
-3215.00%
-20.00
+98.10%
-1,050.00
-226.66%
829.00
Issuance Of Debt
990.00
+29.07%
767.00
-31.82%
1,125.00
-89.94%
11,183.00
Repayment Of Debt
-1,653.00
-110.04%
-787.00
+63.82%
-2,175.00
+78.99%
-10,354.00
Long Term Debt Issuance
990.00
+29.07%
767.00
-31.82%
1,125.00
-89.94%
11,183.00
Long Term Debt Payments
-1,653.00
-110.04%
-787.00
+63.82%
-2,175.00
+78.99%
-10,354.00
Net Long Term Debt Issuance
-663.00
-3215.00%
-20.00
+98.10%
-1,050.00
-226.66%
829.00
Short Term Debt Issuance
1,600.00
Short Term Debt Payments
-550.00
Net Short Term Debt Issuance
1,050.00
Net Common Stock Issuance
-100.00
0.00
+100.00%
-355.00
+66.92%
-1,073.00
Common Stock Payments
-100.00
0.00
+100.00%
-355.00
+66.92%
-1,073.00
Common Stock Dividend Paid
-765.00
-97.16%
-388.00
+20.33%
-487.00
+59.82%
-1,212.00
Cash Dividends Paid
-765.00
-97.16%
-388.00
+20.33%
-487.00
+59.82%
-1,212.00
Repurchase Of Capital Stock
-100.00
0.00
+100.00%
-355.00
+66.92%
-1,073.00
Proceeds From Stock Option Exercised
24.00
+700.00%
3.00
0.00
-100.00%
27.00
Net Other Financing Charges
-11.00
+21.43%
-14.00
-17.00
Changes In Cash
301.00
+139.71%
-758.00
-178.88%
961.00
+233.10%
-722.00
Beginning Cash Position
395.00
-65.74%
1,153.00
+500.52%
192.00
-78.99%
914.00
End Cash Position
696.00
+76.20%
395.00
-65.74%
1,153.00
+500.52%
192.00
Free Cash Flow
1,644.00
+20450.00%
8.00
-98.55%
551.00
-76.06%
2,302.00
Interest Paid Supplemental Data
230.00
+147.31%
93.00
-20.51%
117.00
-19.86%
146.00
Income Tax Paid Supplemental Data
66.00
132.00
-31.61%
193.00
Common Stock Issuance
0.00
0.00
Issuance Of Capital Stock
0.00
0.00
Preferred Stock Dividend Paid
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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