Expand Energy Corporation $EXE Holdings Decreased by Crossmark Global Holdings Inc.

Key Points

• Crossmark Global Holdings cut its Expand Energy stake by 71.3% in the third quarter, selling 12,322 shares and retaining 4,964 shares valued at approximately $417,000. Institutional investors still own 97.93% of the company.
• Expand Energy reported stronger-than-expected quarterly results, with EPS of $1.46 versus the $1.29 consensus and revenue of $3.29 billion versus $2.85 billion expected. The company also declared a quarterly dividend of $0.575 per share, yielding about 2.5% annually.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $123.11 versus the stock’s $91.57 opening price. However, weaker natural-gas prices have prompted the company to curb some production, creating a near-term risk to growth.

Crossmark Global Holdings Inc. decreased its stake in shares of Expand Energy Corporation (NASDAQ:EXE - Free Report) by 71.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,964 shares of the company's stock after selling 12,322 shares during the period. Crossmark Global Holdings Inc.'s holdings in Expand Energy were worth $417,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its holdings in Expand Energy by 2.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,377 shares of the company's stock worth $490,000 after purchasing an additional 105 shares in the last quarter. QRG Capital Management Inc. lifted its position in shares of Expand Energy by 1.2% in the second quarter. QRG Capital Management Inc. now owns 10,361 shares of the company's stock worth $945,000 after purchasing an additional 127 shares in the last quarter. Parallel Advisors LLC boosted its holdings in Expand Energy by 8.8% during the first quarter. Parallel Advisors LLC now owns 1,906 shares of the company's stock worth $209,000 after purchasing an additional 154 shares during the last quarter. Cidel Asset Management Inc. boosted its holdings in Expand Energy by 2.4% during the second quarter. Cidel Asset Management Inc. now owns 8,054 shares of the company's stock worth $734,000 after purchasing an additional 189 shares during the last quarter. Finally, Doliver Advisors LP boosted its holdings in Expand Energy by 2.1% during the third quarter. Doliver Advisors LP now owns 9,602 shares of the company's stock worth $807,000 after purchasing an additional 194 shares during the last quarter. Institutional investors own 97.93% of the company's stock.

Expand Energy Stock Performance

Shares of EXE stock opened at $91.57 on Thursday. The stock has a market cap of $21.20 billion, a P/E ratio of 7.91 and a beta of 0.41. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.96 and a quick ratio of 0.96. The company has a fifty day moving average price of $92.17 and a two-hundred day moving average price of $96.92. Expand Energy Corporation has a one year low of $83.25 and a one year high of $126.62.

Expand Energy (NASDAQ:EXE - Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.17. The company had revenue of $3.29 billion for the quarter, compared to analyst estimates of $2.85 billion. Expand Energy had a net margin of 20.46% and a return on equity of 10.33%. As a group, equities analysts predict that Expand Energy Corporation will post 8.59 EPS for the current year.

Expand Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 12th will be given a dividend of $0.5750 per share. This represents a $2.30 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, November 12th. Expand Energy's payout ratio is 19.86%.

Expand Energy News Summary

Here are the key news stories impacting Expand Energy this week:

• Positive Sentiment: Expand Energy reported third-quarter adjusted earnings of $1.46 per share, ahead of the approximately $1.28–$1.29 consensus, while revenue reached $3.29 billion versus expectations of about $2.85 billion. Earnings also increased from $0.97 per share a year earlier, supporting the bullish case for the stock. Expand Energy Surpasses Q3 Earnings Estimates
• Positive Sentiment: Management’s results were helped by the Twin Eagle transaction, which contributed to a substantial revenue beat. The strong quarter has also prompted renewed discussion that EXE may be undervalued following its recent decline. Expand Energy Q3 2026 Twin Eagle Deal
• Positive Sentiment: The company declared a quarterly dividend of $0.575 per share, or $2.30 annually, representing a yield of roughly 2.5%. The dividend is payable December 3 to shareholders of record November 12. Expand Energy Quarterly Dividend
• Neutral Sentiment: Trading activity was elevated, with volume above its recent average. Options traders purchased approximately 11,605 put contracts, about 51% above average, indicating increased hedging or bearish speculation but not necessarily a fundamental change in the company’s outlook.
• Negative Sentiment: Expand Energy said it is curbing some production because of weaker natural-gas prices. The move may protect cash flows, but it signals a less favorable commodity environment and could limit near-term production and revenue growth. Expand Energy Curbs Production on Weaker Gas Prices

Analysts Set New Price Targets

Several equities research analysts have issued reports on EXE shares. Scotiabank initiated coverage on shares of Expand Energy in a research note on Wednesday, October 14th. They issued an "outperform" rating and a $111.00 price target on the stock. The Goldman Sachs Group reissued a "buy" rating and set a $117.00 price target on shares of Expand Energy in a research report on Tuesday, October 20th. Mizuho reduced their price objective on shares of Expand Energy from $145.00 to $138.00 and set an "outperform" rating for the company in a research note on Tuesday, October 6th. Freedom Broker upgraded Expand Energy to a "strong-buy" rating in a report on Thursday, September 3rd. Finally, Weiss Ratings cut Expand Energy from a "hold (c+)" rating to a "hold (c)" rating in a report on Wednesday, August 12th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Expand Energy has a consensus rating of "Moderate Buy" and an average 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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