Expand Energy Corporation (NASDAQ:EXE) Shares Set to Pay Quarterly Dividend of $0.57

Key Points

• Expand Energy declared a quarterly dividend of $0.575 per share, payable December 3 to shareholders of record on November 12. The annualized dividend is $2.30 per share, representing a 2.4% yield.
• The company reported quarterly earnings of $1.46 per share, exceeding analyst expectations of $1.29, while revenue of $3.29 billion also surpassed the $2.85 billion consensus estimate.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $123.11, despite several recent target-price reductions.

Expand Energy Corporation (NASDAQ:EXE - Get Free Report) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Thursday, November 12th will be paid a dividend of $0.5750 per share on Thursday, December 3rd. This represents a $2.30 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, November 12th.

Expand Energy Price Performance

NASDAQ:EXE opened at $94.62 on Wednesday. The stock has a market cap of $21.90 billion, a P/E ratio of 8.17 and a beta of 0.41. Expand Energy has a one year low of $83.25 and a one year high of $126.62. The company has a fifty day moving average price of $92.25 and a 200 day moving average price of $96.99.

Expand Energy (NASDAQ:EXE - Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $1.46 earnings per share for the quarter, beating analysts' consensus estimates of $1.29 by $0.17. The company had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $2.85 billion. As a group, equities research analysts anticipate that Expand Energy will post 8.59 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on EXE shares. UBS Group reduced their target price on shares of Expand Energy from $122.00 to $120.00 and set a "buy" rating for the company in a research note on Thursday, October 15th. Weiss Ratings downgraded Expand Energy from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Sanford C. Bernstein lowered their price target on Expand Energy from $160.00 to $127.00 and set an "outperform" rating on the stock in a research note on Monday, October 5th. Jefferies Financial Group cut their price target on Expand Energy from $143.00 to $136.00 and set a "buy" rating for the company in a report on Thursday, October 1st. Finally, Stifel Nicolaus initiated coverage on Expand Energy in a research report on Wednesday, September 9th. They issued a "buy" rating and a $135.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $123.11.

About Expand Energy

Expand Energy Corporation NASDAQ: EXE is an independent energy company focused on the exploration, development and production of natural gas, crude oil and natural gas liquids in the United States. The company's activities include drilling and operating unconventional oil and gas wells, primarily in major shale formations.

Expand Energy was formed through the combination of Chesapeake Energy Corporation and Southwestern Energy Company, a transaction completed in October 2024. Chesapeake's portfolio included assets in the Marcellus, Haynesville and Eagle Ford shale plays, while Southwestern was also a major operator in the Appalachian and Haynesville regions.

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