Expand Energy (NASDAQ:EXE) Given New $122.00 Price Target at Truist Financial

Expand Energy (NASDAQ:EXE) had its price target upped by equities research analysts at Truist Financial from $120.00 to $122.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. Truist Financial‘s target price would suggest a potential upside of 33.85% from the company’s current price.

Other analysts have also recently issued research reports about the company. Mizuho lowered their price objective on Expand Energy from $145.00 to $138.00 and set an “outperform” rating for the company in a research report on Tuesday, October 6th. UBS Group reduced their price target on shares of Expand Energy from $122.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, October 15th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $117.00 price objective on shares of Expand Energy in a report on Tuesday, October 20th. Barclays cut their price objective on shares of Expand Energy from $110.00 to $107.00 and set an “equal weight” rating on the stock in a research note on Monday, August 17th. Finally, Citigroup lowered their target price on Expand Energy from $125.00 to $115.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Expand Energy currently has a consensus rating of “Moderate Buy” and an average price target of $123.21.

Expand Energy Trading Down 0.5%

Shares of NASDAQ EXE traded down $0.42 during trading hours on Thursday, hitting $91.15. 378,084 shares of the company traded hands, compared to its average volume of 3,549,046. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.19. The company’s 50 day moving average price is $92.17 and its 200 day moving average price is $96.92. Expand Energy has a 12 month low of $83.25 and a 12 month high of $126.62. The stock has a market capitalization of $21.10 billion, a price-to-earnings ratio of 7.89 and a beta of 0.41.

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

Institutional Trading of Expand Energy

A number of institutional investors and hedge funds have recently made changes to their positions in EXE. BlackRock Inc. acquired a new stake in shares of Expand Energy in the second quarter valued at about $1,778,004,000. Oaktree Capital Management LP grew its stake in Expand Energy by 3.5% during the 1st quarter. Oaktree Capital Management LP now owns 5,237,477 shares of the company’s stock valued at $574,970,000 after acquiring an additional 175,114 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Expand Energy by 94.7% in the 1st quarter. Bank of New York Mellon Corp now owns 4,498,905 shares of the company’s stock valued at $493,890,000 after acquiring an additional 2,188,422 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Expand Energy by 7.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,466,772 shares of the company’s stock worth $270,838,000 after purchasing an additional 166,407 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Expand Energy by 9.9% in the 1st quarter. Bank of America Corp DE now owns 1,921,098 shares of the company’s stock valued at $210,898,000 after buying an additional 173,503 shares in the last quarter. 97.93% of the stock is currently owned by hedge funds and other institutional investors.

Key Expand Energy News

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

• Positive Sentiment: Q3 earnings and revenue significantly exceeded expectations. Expand Energy reported adjusted earnings of $1.46 per share versus the $1.29 consensus estimate, while revenue reached $3.29 billion compared with expectations of $2.85 billion. Earnings also increased from $0.97 per share a year earlier. The company reported a 20.46% net margin and 10.33% return on equity. Expand Energy Surpasses Q3 Earnings Estimates
• Positive Sentiment: Revenue growth was helped by the Twin Eagle deal. Coverage characterized the quarter as a record-breaking performance, with the Twin Eagle transaction contributing to an 83% revenue beat. The results have renewed focus on Expand Energy’s valuation and investment outlook, particularly as the stock trades at a relatively low reported P/E ratio of 7.91. Expand Energy Q3 2026: Twin Eagle Deal Drives an 83% Revenue Beat
• Positive Sentiment: Shareholder returns remain supported by the dividend. Expand Energy declared a quarterly dividend of $0.575 per share, or $2.30 annualized, representing an indicated yield of approximately 2.5%. The dividend is payable December 3 to shareholders of record November 12. Expand Energy Plans Quarterly Dividend
• Neutral Sentiment: Options activity reflects heightened uncertainty. Investors purchased 11,605 put options, 51% above average volume. This may indicate increased hedging or bearish positioning ahead of and after earnings, but it does not confirm the direction of the stock.
• Negative Sentiment: Lower natural-gas prices prompted production curtailments. Expand Energy said it is curbing some production as weaker prices reduce the immediate economics of selling additional gas. The move could protect cash flow, but it also signals commodity-price pressure and may limit near-term production and revenue growth. Expand Energy Curbs Some Production on Weaker Natural Gas Prices

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.