Expand Energy (NASDAQ:EXE) Given New $117.00 Price Target at UBS Group

Expand Energy (NASDAQ:EXE) had its target price lowered by investment analysts at UBS Group from $120.00 to $117.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group‘s price target would suggest a potential upside of 29.56% from the stock’s current price.

Several other brokerages have also recently issued reports on EXE. Freedom Broker upgraded shares of Expand Energy to a “strong-buy” rating in a report on Thursday, September 3rd. Roth Capital reiterated a “neutral” rating and set a $93.00 price target on shares of Expand Energy in a report on Wednesday, July 29th. Sanford C. Bernstein dropped their price target on shares of Expand Energy from $160.00 to $127.00 and set an “outperform” rating for the company in a research report on Monday, October 5th. Raymond James Financial cut their price target on shares of Expand Energy from $147.00 to $141.00 and set a “strong-buy” rating on the stock in a report on Monday, October 5th. Finally, Weiss Ratings cut shares of Expand Energy from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Expand Energy has a consensus rating of “Moderate Buy” and an average price target of $123.00.

Expand Energy Trading Down 1.4%

EXE stock traded down $1.27 during trading on Thursday, hitting $90.30. 1,493,972 shares of the company traded hands, compared to its average volume of 3,554,723. The company has a 50-day moving average of $92.17 and a 200-day moving average of $96.92. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.96 and a current ratio of 0.96. Expand Energy has a 1 year low of $83.25 and a 1 year high of $126.62. The firm has a market capitalization of $20.91 billion, a PE ratio of 7.80 and a beta of 0.41.

Expand Energy (NASDAQ:EXE) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.17. Expand Energy had a return on equity of 10.33% and a net margin of 20.46%. The business had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $2.85 billion. Analysts predict that Expand Energy will post 8.59 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EXE. SJS Investment Consulting Inc. increased its position in shares of Expand Energy by 379.6% during the first quarter. SJS Investment Consulting Inc. now owns 259 shares of the company’s stock valued at $28,000 after buying an additional 205 shares during the period. Ascentis Independent Advisors bought a new position in Expand Energy in the first quarter worth about $32,000. Eastern Bank purchased a new stake in Expand Energy in the second quarter worth about $27,000. N.E.W. Advisory Services LLC purchased a new stake in Expand Energy in the second quarter worth about $32,000. Finally, Amplify Investments LLC purchased a new stake in Expand Energy in the second quarter worth about $33,000. 97.93% of the stock is currently owned by institutional investors.

More Expand Energy News

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

• Positive Sentiment: Q3 results exceeded expectations: Expand Energy reported adjusted earnings of $1.46 per share, above the $1.29 consensus estimate, while revenue of $3.29 billion substantially exceeded the $2.85 billion forecast. Earnings also rose from $0.97 per share a year earlier. Expand Energy Surpasses Q3 Earnings Estimates
• Positive Sentiment: Marketing growth is a strategic catalyst: Management is targeting $500 million in marketing EBITDA by 2028, using its marketing platform, hedges and operational flexibility to offset low gas prices. EXE Q3 Earnings Call Eyes Marketing Growth Amid Gas Price Weakness
• Positive Sentiment: Analyst targets remain above the current valuation: Truist raised its price target to $122 and maintained a Buy rating, while Bernstein lifted its target to $139, suggesting considerable potential upside if industry conditions improve. Truist Financial Rating Bernstein Adjusts Price Target
• Positive Sentiment: Dividend supports shareholder returns: Expand Energy declared a quarterly dividend of $0.575 per share, or $2.30 annualized, payable December 3 to shareholders of record November 12. Expand Energy Dividend Announcement
• Neutral Sentiment: Analyst views are mixed: JPMorgan lowered its price target to $121 from $124, although that target remains well above recent trading levels. JPMorgan Adjusts Price Target
• Negative Sentiment: Weak natural-gas prices are weighing on sentiment: Expand Energy is curbing some production in response to unfavorable pricing. That action may protect cash flow, but it also signals softer near-term volumes and revenue expectations. Expand Energy Curbs Production on Weaker Gas Prices
• Negative Sentiment: Bearish trading activity increased: Investors purchased 11,605 put options, 51% above average volume, indicating elevated demand for downside protection or speculation on further weakness.

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.