Expand Energy (NASDAQ:EXE) Posts Earnings Results, Beats Expectations By $0.17 EPS

Key Points

• Expand Energy beat quarterly expectations: The company reported earnings per share of $1.46, $0.17 above consensus, while revenue reached $3.29 billion versus the $2.85 billion analyst estimate.
• Shares rose following the results: EXE gained $0.60 to $94.62, with the company valued at approximately $21.90 billion and trading at a price-to-earnings ratio of 8.17.
• Analysts remain broadly positive: Expand Energy has a consensus “Moderate Buy” rating and an average price target of $123.11, despite some analysts recently trimming their targets.

Expand Energy (NASDAQ:EXE - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.29 by $0.17, FiscalAI reports. The firm had revenue of $3.29 billion during the quarter, compared to analysts' expectations of $2.85 billion. Expand Energy had a return on equity of 10.33% and a net margin of 20.46%.

Expand Energy Price Performance

EXE stock traded up $0.60 on Tuesday, reaching $94.62. 3,157,611 shares of the company's stock were exchanged, compared to its average volume of 3,555,914. Expand Energy has a twelve month low of $83.25 and a twelve month high of $126.62. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.19. The stock has a fifty day moving average of $92.24 and a 200-day moving average of $97.05. The firm has a market cap of $21.90 billion, a PE ratio of 8.17 and a beta of 0.41.

Analyst Ratings Changes

Several analysts have recently issued reports on EXE shares. Wolfe Research reissued an "outperform" rating and set a $114.00 price target on shares of Expand Energy in a research report on Wednesday, July 29th. The Goldman Sachs Group restated a "buy" rating and issued a $117.00 price objective on shares of Expand Energy in a report on Tuesday, October 20th. Scotiabank initiated coverage on shares of Expand Energy in a research note on Wednesday, October 14th. They set an "outperform" rating and a $111.00 target price on the stock. Truist Financial cut their target price on shares of Expand Energy from $121.00 to $120.00 and set a "buy" rating on the stock in a research note on Monday, October 5th. Finally, Citigroup reduced their target price on shares of Expand Energy from $125.00 to $115.00 and set a "buy" rating on the stock in a report on Thursday, July 9th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Expand Energy has a consensus rating of "Moderate Buy" and an average target price of $123.11.

Expand Energy Company Profile

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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