Expand Energy Corporation (EXE) to Issue Quarterly Dividend of $0.58 on June 4th

Expand Energy Corporation (NASDAQ:EXE) announced a quarterly dividend on Tuesday, April 28th. Investors of record on Thursday, May 14th will be paid a dividend of 0.575 per share on Thursday, June 4th. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, May 14th.

Expand Energy Stock Up 4.2%

Shares of NASDAQ EXE opened at $100.99 on Thursday. The stock has a market cap of $24.24 billion, a PE ratio of 13.39 and a beta of 0.47. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.27. Expand Energy has a 52-week low of $91.01 and a 52-week high of $126.62. The business has a 50-day moving average price of $103.92 and a 200 day moving average price of $107.48.

Expand Energy (NASDAQ:EXE) last announced its earnings results on Tuesday, April 28th. The company reported $3.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.76 by $0.07. The firm had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $3.42 billion. Expand Energy had a return on equity of 8.17% and a net margin of 15.00%. Equities research analysts forecast that Expand Energy will post 8.9 earnings per share for the current year.

About Expand Energy

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.