Expand Energy Corporation

Expand Energy Corporation

EXE
Expand Energy CorporationUS flagNASDAQ Global Select
97.91
USD
-1.14
- -
22.67BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5,843.8
7,018.21
3,856.19
2,060.73
2,096.25
2,251.05
1,019.7
533.1
- -
90.97
58.53
26.89
51.37
57.25
Basic EPS, GAAP
169.37
529.89
-4,452.57
-1,174.61
-130.24
29.48
-47.93
-998.26
- -
39.24
18.21
-4.55
7.67
11.65
Free Cash Flow per Basic Share
799.39
788.16
168.58
-269.37
80.79
347.85
184.98
115.93
- -
32.79
17.92
9.97
18.46
22.84
Dividend per Share
123.74
122.91
87.31
- -
40.4
20.24
10.93
2.25
- -
9.64
3.67
2.47
3.22
3.2
Book Value per Share
3,894.37
4,173.19
-278.58
-693.14
-478.11
92.48
280.41
-712.86
48.09
67.73
82.03
75.79
77.65
82.82
Tangible Book Value per Share
3,894.37
4,173.19
-278.58
-693.14
-478.11
92.48
280.41
-712.86
48.09
67.73
82.03
75.79
77.65
82.82
Basic Weighted Avg Shares
3
3
3
4
5
5
8
10
- -
126
133
157
237
239
Sales/Revenue/Turnover
19,080
23,125
12,764
7,872
9,496
10,231
8,489
5,210
- -
11,443
7,775
4,221
12,189
13,665
Operating Margin (%)
13.42
14.59
-3.5
-17.53
2.11
7.97
-0.6
-5.12
- -
32.57
30.46
-16.51
22.73
29.26
Depreciation Expense
2,903
2,915
2,229
1,107
1,697
1,737
2,264
1,097
- -
1,753
1,527
1,729
2,980
2,933
Net Income, GAAP
724
1,917
-14,567
-4,390
-505
226
-308
-9,734
- -
4,936
2,419
-714
1,819
2,781
Effective Tax Rate (%)
38
35.75
- -
- -
- -
- -
- -
- -
- -
- -
22.39
- -
20.29
21.31
Profit Margin (%)
3.79
8.29
-114.13
-55.77
-5.32
2.21
-3.63
-186.83
- -
43.14
31.11
-16.92
14.92
20.35
Working Capital
-1,859
1,812
-1,205
-1,506
-831
-1,289
-1,141
-1,986
-344
-6
1,295
-1,126
15
-123
LT Debt
12,917
11,184
10,340
9,938
9,921
7,341
9,073
- -
2,278
3,093
2,028
5,291
5,009
3,685
Total Equity
18,140
18,205
2,397
-1,203
-372
2,133
4,401
-5,341
5,671
9,124
10,729
17,565
18,578
19,410
Return on Invested Capital (%)
5.12
7.08
- -
- -
- -
- -
- -
- -
- -
- -
14.52
- -
9.35
13.5
Return on Capital (%)
2.13
6.21
- -
- -
- -
- -
- -
- -
- -
- -
19.88
- -
8.55
12.76
Return on Common Equity (%)
4.35
13.04
- -
- -
- -
- -
-25.3
- -
- -
66.73
24.37
-5.05
10.07
14.89

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
51
926
43
LT Borrowings
5,009
4,133
3,685
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
239
240
234
Market Capitalization
26,404
26,357
21,370

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,916
4,387
2,842
Cash, Cash Equivalents & STI
616
2,220
663
Accounts Receivable, Net
1,363
957
857
Inventories
- -
- -
- -
Total Current Liabilities
2,901
3,950
2,965
Payables & Accruals
2,332
2,574
2,457
ST Debt
51
926
43
Deferred Revenue
264
262
265

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-106.59%
-11.64%
5.77%
Free Cash Flow
- -
- -
179.87%
Net Income, GAAP
- -
- -
-354.76%
Sales/Revenue/Turnover
- -
- -
188.77%
Total Cash Common Dividend
- -
- -
97.16%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,073
503
646
1,999
4,221
2025
2,196
3,686
2,967
3,340
12,189
2026
4,398
2,960
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.2
-1.73
-0.85
-1.72
-4.55
2025
-1.06
4.07
2.3
2.32
7.67
2026
4.83
2.19
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.59
0.75
0.58
0.58
2.47
2025
0.61
0.58
1.47
0.57
3.22
2026
0.59
0.58
- -
- -
- -

Company Description

CEO
Michael A. Wichterich
Full Time Employees
1,600
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
10000 Energy Drive Spring TX United States of America 77389
IPO Date
Feb 10, 2021
Business
Expand Energy Corporation is an independent natural gas producer headquartered in Oklahoma City, Oklahoma. Founded in 2005, the company focuses on the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) primarily in the United States. Its core operations are concentrated in the Appalachian Basin and Haynesville Shale regions, including Louisiana, Pennsylvania, West Virginia, and Ohio. Expand Energy's main products and services encompass natural gas, oil, and NGL extraction through drilling, completion, and production activities; it operates approximately 8,000 gross wells and maintains vertical integration by managing drilling rigs and providing certain oilfield services to support its exploration and production operations. The company's product portfolio includes horizontal drilling techniques with extensive horizontal well legs to maximize resource recovery while protecting environmental resources. Expand Energy is positioned as the largest natural gas producer in the U.S. by net daily production and is actively involved in LNG-ready operations to serve growing global markets. Recent major developments include the company’s enhanced integration efforts delivering increased operational efficiencies and synergy targets, with an expected $500 million in annual synergies to be fully realized by the end of 2027. In 2025, Expand Energy raised its annual synergy capture outlook to $500 million, reflecting cost reductions, capital efficiency improvements, and expanded market access. The company has implemented a capital return framework prioritizing shareholder returns through dividends and debt reductions, including a base dividend of $2.30 per share and plans for $500 million in annual net debt reduction starting in 2025. Strategic partnerships, notably with Hyundai Motor Group for electric vehicle energy services, and expansion of its renewable energy footprint demonstrate diversified growth initiatives. Expand Energy continues to boost production guidance, targeting 7.5 billion cubic feet equivalent per day by 2026, supported by cost reductions and operational excellence in key shale plays like Haynesville and Marcellus. Overall, Expand Energy operates within the energy sector’s natural gas and oil exploration and production segments, focusing on affordable, reliable, and lower-carbon energy solutions for domestic and international markets. The company’s portfolio supports LNG exports and benefits from proximity to critical infrastructure, positioning it for growth amid evolving energy demands. Its operational, financial, and strategic initiatives reinforce its role as a leading U.S. independent energy supplier with a commitment to sustainability and expanded energy access. This description incorporates findings from the company's website, recent news, financial disclosures, and market analysis as of late 2025.

Company News

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  • Danske Bank A S Makes New Investment in Expand Energy Corporation $EXE

  • Extendicare (TSE:EXE) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

  • Here's Why Expand Energy (EXE) is a Strong Growth Stock

  • Focus Partners Advisor Solutions LLC Acquires Shares of 13,898 Expand Energy Corporation $EXE

  • Extendicare Q2 Earnings Call Highlights

  • Why Expand Energy (EXE) is a Top Growth Stock for the Long-Term

  • Arrowstreet Capital Limited Partnership Purchases New Holdings in Expand Energy Corporation $EXE

  • Expand Energy Targets the LNG, Power and Industrial Demand Expansion

  • Expand Energy Q2 Earnings Beat Estimates on Strong Production

  • Expand Energy Corporation (EXE) Q2 2026 Earnings Call Transcript

  • Expand Energy Q2 Earnings Call Highlights

  • Bank of Nova Scotia Sells 23,300 Shares of Expand Energy Corporation $EXE

  • Expand Energy (EXE) Q2 Earnings Beat Estimates

  • Expand Energy Corporation Reports Second Quarter 2026 Results

  • Expand Energy Corporation Reports Second Quarter 2026 Results

  • Expand: The Most Beta Natural Gas Stock

  • Expand Energy Announces $1.25 Billion Twin Eagle Acquisition Deal