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

Expand Energy (NASDAQ:EXE) announced its quarterly earnings data on Tuesday. The company reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.17, FiscalAI reports. The company had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $2.85 billion. Expand Energy had a return on equity of 10.33% and a net margin of 20.46%.

Expand Energy Stock Up 0.6%

Shares of NASDAQ:EXE traded up $0.60 during trading on Tuesday, reaching $94.62. 3,157,667 shares of the company traded hands, compared to its average volume of 3,558,059. The firm has a fifty day simple moving average of $92.24 and a 200 day simple moving average of $97.05. The firm 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 1-year low of $83.25 and a 1-year 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.

Analyst Ratings Changes

EXE has been the topic of a number of recent analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $117.00 target price on shares of Expand Energy in a research report on Tuesday, October 20th. Scotiabank started coverage on Expand Energy in a research report on Wednesday, October 14th. They issued an “outperform” rating and a $111.00 price target for the company. UBS Group dropped their price target on Expand Energy from $122.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, October 15th. Morgan Stanley cut their price objective on Expand Energy from $129.00 to $124.00 and set an “overweight” rating on the stock in a report on Thursday, October 15th. Finally, Johnson Rice downgraded Expand Energy from a “buy” rating to an “accumulate” rating and cut their price objective for the stock from $135.00 to $125.00 in a report on Monday, August 17th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Expand Energy presently has an average rating of “Moderate Buy” and a consensus price target 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.