Expand Energy (EXE) Stock Insights
$21.36B
Market Cap
8.01
P/E
10.66
Forward P/E
67
Score
EXE price $92.27 -2.35 -2.48%
Stocklytics score rationale: value 74, quality 69, growth 58.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 7872000000 | 9496000000 | 10231000000 | 8489000000 | 5210000000 | 7301000000 | 11443000000 | 7775000000 | 4221000000 | 11648000000 |
Expand Energy Corporation functions as an independent entity primarily focused on the discovery and extraction of energy resources throughout the United States. Its core operations involve the acquisition, exploration, and subsequent development of properties to produce crude oil, natural gas, and associated liquid hydrocarbons from subterranean geological formations. The company maintains significant interests in…
EXE fair value $104.74. Price $92.27. Price is 12% below fair value.
Below fair value, around its usual discount.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 2.46B. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 231.50M. Net debt 4.36B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-02-16 | — | 2.14 | — | 3.22B |
| 2026-10-27 | 1.46 | 1.29 | 3.29B | 2.85B |
| 2026-07-28 | 1.33 | 1.13 | 2.96B | 3.05B |
| 2026-04-28 | 3.83 | 3.69 | 4.40B | 3.53B |
| 2026-02-17 | 2.00 | 1.87 | 3.27B | 2.94B |
| 2025-10-28 | 0.97 | 0.90 | 2.97B | 2.71B |
| 2025-07-29 | 1.10 | 1.14 | 3.69B | 2.55B |
| 2025-04-29 | 2.02 | 1.91 | 2.20B | 2.55B |
| 2025-02-26 | 0.55 | 0.52 | 2.00B | 1.97B |
| 2024-10-29 | 0.16 | -0.05 | 648.00M | 708.98M |
| 2024-07-29 | 0.01 | -0.01 | 505.00M | 822.54M |
| 2024-04-30 | 0.56 | 0.59 | 1.08B | 1.30B |
| 2024-02-20 | 1.31 | 0.71 | 1.95B | 1.64B |
| 2023-10-31 | 1.09 | 0.57 | 1.51B | 1.47B |
| 2023-08-01 | 0.64 | 0.40 | 1.46B | 1.58B |
| 2023-05-02 | 1.87 | 1.70 | 3.37B | 1.42B |
| 2023-02-21 | 4.22 | 2.93 | 3.14B | 1.65B |
| 2022-11-01 | 5.06 | 4.45 | 1.76B | 1.80B |
| 2022-08-03 | 9.75 | 3.82 | 3.50B | 1.99B |
| 2022-05-07 | -6.32 | 2.43 | 656.00M | 1.57B |
| 2022-02-25 | 3.66 | 2.48 | 4.26B | 1.79B |
| 2021-11-03 | -3.51 | 1.67 | 887.00M | 1.39B |
| 2021-08-11 | -4.48 | 1.20 | 691.00M | 736.63M |
| 2021-05-13 | 0.58 | 0.03 | 1.47B | 854.00M |
| 2021-03-02 | -42.53 | — | 1.22B | — |
| 2020-11-10 | -0.76 | — | 959.00M | — |
| 2020-08-11 | -28.22 | — | 507.00M | — |
| 2020-05-11 | -8.53 | — | 2.52B | — |
| 2020-02-27 | -36.00 | — | 1.90B | — |
| 2019-11-05 | -11.89 | — | 2.06B | — |
| 2019-08-06 | 9.21 | — | 2.37B | — |
| 2019-05-10 | -6.00 | — | 2.16B | — |
| 2019-02-27 | 1.07 | — | 3.07B | — |
| 2018-10-31 | -38.00 | — | 2.42B | — |
| 2018-08-01 | -0.60 | — | 2.25B | — |
| 2018-05-02 | -2.00 | — | 2.49B | — |
| 2018-02-22 | 0.68 | — | 2.52B | — |
| 2017-11-02 | -10.00 | — | 1.94B | — |
| 2017-08-03 | 1.04 | — | 2.28B | — |
| 2017-05-05 | 16.00 | — | 2.75B | — |
Yield 2.49%. Payout ratio 19.91%. Frequency Quarterly.
Safety score 93/100 · Safe. Payout ratio is 20% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 6 separate years. Yield is 2.5%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-08-13 | $0.57 | 2026-08-13 | 2026-09-03 | Quarterly |
| 2026-05-14 | $0.57 | 2026-05-14 | 2026-06-04 | Quarterly |
| 2026-03-05 | $0.57 | 2026-03-05 | 2026-03-26 | Quarterly |
| 2025-11-13 | $0.57 | 2025-11-13 | 2025-12-04 | Semi-Annual |
| 2025-08-14 | $1.47 | 2025-08-14 | 2025-09-04 | Special |
| 2025-05-15 | $0.57 | 2025-05-15 | 2025-06-04 | Irregular |
| 2025-03-11 | $0.57 | 2025-03-11 | 2025-03-27 | Quarterly |
| 2024-11-14 | $0.57 | 2024-11-14 | 2024-12-04 | Quarterly |
| 2024-08-15 | $0.57 | 2024-08-15 | 2024-09-05 | Semi-Annual |
| 2024-05-15 | $0.71 | 2024-05-16 | 2024-06-05 | Special |
| 2024-03-06 | $0.57 | 2024-03-07 | 2024-03-26 | Quarterly |
| 2023-11-15 | $0.57 | 2023-11-16 | 2023-12-06 | Quarterly |
| 2023-08-16 | $0.57 | 2023-08-17 | 2023-09-06 | Annual |
| 2023-05-17 | $1.18 | 2023-05-18 | 2023-06-06 | Special |
| 2023-03-06 | $1.29 | 2023-03-07 | 2023-03-23 | Special |
| 2022-11-14 | $3.16 | 2022-11-15 | 2022-12-01 | Special |
| 2022-08-16 | $2.32 | 2022-08-17 | 2022-09-01 | Special |
| 2022-05-18 | $2.34 | 2022-05-19 | 2022-06-02 | Special |
| 2022-03-04 | $1.77 | 2022-03-07 | 2022-03-22 | Special |
| 2021-11-23 | $0.44 | 2021-11-24 | 2021-12-09 | Annual |
| 2021-08-23 | $0.34 | 2021-08-24 | 2021-09-09 | Quarterly |
| 2021-05-21 | $0.34 | 2021-05-24 | 2021-06-10 | Quarterly |
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-15 | Raiford Brittany | Sell | 511 | $90.80 | 46.40K |
| 2026-10-15 | Lacy Christopher W | Sell | 1.84K | $90.80 | 166.98K |
| 2026-10-08 | Grose Sarah Tintera | Other | 0 | — | — |
| 2026-10-08 | Grose Sarah Tintera | Other | 246 | — | — |
| 2026-06-12 | Wichterich Michael | Buy | 1.00K | $88.90 | 88.90K |
| 2026-06-04 | Steck Brian | Buy | 2.75K | $96.53 | 265.07K |
| 2026-06-04 | Konar Shameek | Buy | 2.33K | $96.53 | 225.01K |
| 2026-06-04 | Kehr Catherine A | Buy | 2.33K | $96.53 | 225.01K |
| 2026-06-04 | JOHNSON S P IV | Buy | 2.33K | $96.53 | 225.01K |
| 2026-06-04 | Gallagher Matthew | Buy | 2.33K | $96.53 | 225.01K |
| 2026-06-04 | Emerson Sarah A. | Buy | 2.33K | $96.53 | 225.01K |
| 2026-06-04 | Duster Benjamin | Buy | 2.33K | $96.53 | 225.01K |
| 2026-06-04 | Duncan Timothy S. | Buy | 2.33K | $96.53 | 225.01K |
| 2026-06-04 | Wichterich Michael | Buy | 1.00K | $93.36 | 93.36K |
| 2026-06-04 | Teunissen Marcel | Buy | 2.00K | $92.88 | 185.76K |
| 2026-05-07 | Teunissen Marcel | Buy | 2.00K | $96.43 | 192.86K |
| 2026-04-06 | Teunissen Marcel | Buy | 5.14K | — | — |
| 2026-04-06 | Teunissen Marcel | Buy | 6.00K | — | — |
| 2026-04-06 | Teunissen Marcel | Other | 0 | — | — |
| 2026-03-15 | Viets Joshua J. | Buy | 1.11K | — | — |
| 2026-03-15 | Viets Joshua J. | Buy | 13.63K | — | — |
| 2026-03-15 | Viets Joshua J. | Sell | 3.73K | $107.02 | 398.97K |
| 2026-03-15 | Viets Joshua J. | Sell | 6.46K | $107.02 | 691.56K |
| 2026-03-15 | Viets Joshua J. | Buy | 10.81K | — | — |
| 2026-03-15 | Viets Joshua J. | Buy | 12.62K | — | — |
| 2026-03-15 | Viets Joshua J. | Sell | 1.11K | — | — |
| 2026-03-15 | Lacy Christopher W | Buy | 5.69K | — | — |
| 2026-03-15 | Lacy Christopher W | Sell | 820 | $107.02 | 87.76K |
| 2026-03-15 | Lacy Christopher W | Buy | 6.64K | — | — |
| 2026-03-15 | Raiford Brittany | Buy | 3.56K | — | — |
| 2026-03-15 | Raiford Brittany | Sell | 170 | $107.02 | 18.19K |
| 2026-03-15 | Raiford Brittany | Buy | 1.78K | — | — |
| 2026-03-15 | Turco Daniel F | Buy | 5.69K | — | — |
| 2026-03-15 | Turco Daniel F | Sell | 775 | $107.02 | 82.94K |
| 2026-03-15 | Turco Daniel F | Buy | 6.64K | — | — |
| 2026-03-15 | Larson Gregory M. | Buy | 72 | — | — |
| 2026-03-15 | Larson Gregory M. | Buy | 881 | — | — |
| 2026-03-15 | Larson Gregory M. | Sell | 522 | $107.02 | 55.86K |
| 2026-03-15 | Larson Gregory M. | Sell | 276 | $107.02 | 29.54K |
| 2026-03-15 | Larson Gregory M. | Buy | 2.37K | — | — |
| 2026-03-15 | Larson Gregory M. | Buy | 1.19K | — | — |
| 2026-03-15 | Larson Gregory M. | Sell | 72 | — | — |
| 2026-03-06 | Wichterich Michael | Buy | 1.00K | $108.00 | 108.00K |
| 2026-03-06 | Wichterich Michael | Buy | 1.00K | $107.00 | 107.00K |
| 2026-02-20 | Lacy Christopher W | Sell | 7.46K | $108.06 | 806.34K |
| 2026-02-20 | Raiford Brittany | Sell | 485 | $108.06 | 52.41K |
| 2026-02-19 | Gallagher Matthew | Buy | 1.00K | $100.66 | 100.66K |
| 2026-02-18 | Turco Daniel F | Sell | 740 | $99.52 | 73.64K |
| 2026-02-09 | Wichterich Michael | Buy | 16.86K | — | — |
| 2026-02-09 | Wichterich Michael | Buy | 16.86K | — | — |
| 2025-10-15 | Raiford Brittany | Sell | 511 | $103.17 | 52.72K |
| 2025-10-15 | Lacy Christopher W | Sell | 1.85K | $103.17 | 190.86K |
| 2025-08-18 | Viets Joshua J. | Buy | 2.00K | $92.16 | 184.32K |
| 2025-08-15 | DELL'OSSO DOMENIC J JR | Buy | 2.50K | $95.86 | 239.65K |
| 2025-08-13 | Raiford Brittany | Other | 0 | — | — |
| 2025-08-13 | Raiford Brittany | Other | 1.05K | — | — |
| 2025-06-05 | Wichterich Michael | Buy | 3.16K | $110.89 | 350.08K |
| 2025-06-05 | Steck Brian | Buy | 2.12K | $110.89 | 235.09K |
| 2025-06-05 | Konar Shameek | Buy | 1.80K | $110.89 | 200.05K |
| 2025-06-05 | Kehr Catherine A | Buy | 1.80K | $110.89 | 200.05K |
| 2025-06-05 | JOHNSON S P IV | Buy | 1.80K | $110.89 | 200.05K |
| 2025-06-05 | Gass John D | Buy | 1.80K | $110.89 | 200.05K |
| 2025-06-05 | Gallagher Matthew | Buy | 1.80K | $110.89 | 200.05K |
| 2025-06-05 | Emerson Sarah A. | Buy | 1.80K | $110.89 | 200.05K |
| 2025-06-05 | Duster Benjamin | Buy | 1.80K | $110.89 | 200.05K |
| 2025-06-05 | Duncan Timothy S. | Buy | 1.94K | $110.89 | 215.02K |
| 2025-03-15 | DELL'OSSO DOMENIC J JR | Buy | 22.46K | — | — |
| 2025-03-15 | DELL'OSSO DOMENIC J JR | Buy | 10.06K | — | — |
| 2025-03-15 | DELL'OSSO DOMENIC J JR | Sell | 32.50K | $102.60 | 3.33M |
| 2025-03-15 | DELL'OSSO DOMENIC J JR | Buy | 63.64K | — | — |
| 2025-03-15 | DELL'OSSO DOMENIC J JR | Sell | 7.29K | $102.60 | 748.16K |
| 2025-03-15 | DELL'OSSO DOMENIC J JR | Buy | 26.21K | — | — |
| 2025-03-15 | DELL'OSSO DOMENIC J JR | Sell | 15.91K | — | — |
| 2025-03-15 | Singh Mohit | Buy | 7.67K | — | — |
| 2025-03-15 | Singh Mohit | Buy | 4.39K | — | — |
| 2025-03-15 | Singh Mohit | Buy | 27.76K | — | — |
| 2025-03-15 | Singh Mohit | Sell | 14.18K | $102.60 | 1.45M |
| 2025-03-15 | Singh Mohit | Sell | 3.11K | $102.60 | 319.50K |
| 2025-03-15 | Singh Mohit | Buy | 8.95K | — | — |
| 2025-03-15 | Singh Mohit | Sell | 6.94K | — | — |
| 2025-03-15 | Viets Joshua J. | Buy | 9.74K | — | — |
| 2025-03-15 | Viets Joshua J. | Buy | 4.39K | — | — |
| 2025-03-15 | Viets Joshua J. | Buy | 27.76K | — | — |
| 2025-03-15 | Viets Joshua J. | Sell | 14.18K | $102.60 | 1.45M |
| 2025-03-15 | Viets Joshua J. | Sell | 3.34K | $102.60 | 342.58K |
| 2025-03-15 | Viets Joshua J. | Buy | 11.36K | — | — |
| 2025-03-15 | Viets Joshua J. | Sell | 6.94K | — | — |
| 2025-03-15 | Lacy Christopher W | Buy | 5.61K | — | — |
| 2025-03-15 | Lacy Christopher W | Buy | 6.54K | — | — |
| 2025-03-15 | Turco Daniel F | Buy | 5.90K | $1.00 | 5.90K |
| 2025-03-15 | Turco Daniel F | Buy | 6.89K | — | — |
| 2025-03-15 | Larson Gregory M. | Buy | 2.46K | — | — |
| 2025-03-15 | Larson Gregory M. | Sell | 458 | $102.60 | 46.99K |
| 2025-03-15 | Larson Gregory M. | Sell | 388 | $102.60 | 39.81K |
| 2025-03-15 | Larson Gregory M. | Buy | 215 | — | — |
| 2025-03-15 | Larson Gregory M. | Buy | 1.36K | — | — |
| 2025-03-15 | Larson Gregory M. | Buy | 1.23K | — | — |
| 2025-03-15 | Larson Gregory M. | Sell | 339 | — | — |
| 2025-03-15 | Wichterich Michael | Buy | 3.99K | — | — |
| 2025-03-15 | Wichterich Michael | Buy | 25.25K | — | — |
Latest filed quarter: Q2 2026.
Institutions holding: 899, holders -49 vs prior quarter. Ownership 92.84%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 19.50M | 860.32K | +4.62% | 1.78B |
| VANGUARD CAPITAL MANAGEMENT LLC | 15.62M | 72.47K | +0.47% | 1.42B |
| STATE STREET CORP | 15.62M | 1.12M | +7.76% | 1.42B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 11.83M | 476.61K | +4.20% | 1.08B |
| GEODE CAPITAL MANAGEMENT, LLC | 6.73M | 110.47K | +1.67% | 611.67M |
| CAPITAL RESEARCH GLOBAL INVESTORS | 6.64M | -155.10K | -2.28% | 605.82M |
| INVESCO LTD. | 6.06M | 1.14M | +23.21% | 552.68M |
| VICTORY CAPITAL MANAGEMENT INC | 5.40M | 635.68K | +13.35% | 492.10M |
| AQR CAPITAL MANAGEMENT LLC | 5.38M | 1.53M | +39.72% | 491.06M |
| OAKTREE CAPITAL MANAGEMENT LP | 5.24M | 0 | 0.00% | 477.61M |
| PRICE T ROWE ASSOCIATES INC /MD/ | 3.55M | -164.33K | -4.42% | 324.15M |
| CAPITAL WORLD INVESTORS | 3.29M | -2.92M | -47.01% | 300.16M |
| MORGAN STANLEY | 3.26M | -58.84K | -1.77% | 296.98M |
| BANK OF NEW YORK MELLON CORP | 2.93M | -1.57M | -34.89% | 267.11M |
| DIMENSIONAL FUND ADVISORS LP | 2.78M | 310.19K | +12.57% | 253.13M |
| GOLDMAN SACHS GROUP INC | 2.71M | 398.12K | +17.26% | 246.69M |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 2.68M | -93.12K | -3.36% | 244.16M |
| PACER ADVISORS, INC. | 2.55M | 1.58M | +163.09% | 232.88M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2.52M | -1.21M | -32.34% | 229.88M |
| UBS GROUP AG | 2.38M | 1.02M | +74.24% | 217.46M |
| DISCIPLINED GROWTH INVESTORS INC /MN | 2.35M | -26.38K | -1.11% | 214.02M |
| ROYAL BANK OF CANADA | 2.23M | 1.82M | +439.35% | 203.58M |
| PHOENIX FINANCIAL LTD. | 2.08M | 289.87K | +16.19% | 189.70M |
| CIBC BANCORP USA INC. | 2.06M | -735.41K | -26.33% | 187.96M |
| NORTHERN TRUST CORP | 2.03M | 66.25K | +3.38% | 184.67M |
| Period | Value |
|---|---|
| FY2010 | Exploration and Production: 5647000000.0, Intercompany Eliminations: 4471000000.0, Marketing, Gathering and Compression: 7433000000.0, Other Operations: 757000000.0 |
| FY2011 | Business Intersegment Eliminations: 5983000000.0, Marketing Gathering And Compression: 10336000000.0, Oil And Gas Exploration And Production: 6024000000.0, Oilfield Services: 1258000000.0 |
| FY2012 | Consolidated Entities: 12316000000.0, Intersegment Elimination: 6795000000.0, Marketing Gathering And Compression: 10895000000.0, Oil And Gas Exploration And Production: 6278000000.0, Oilfield Services: 1917000000.0, Other Operations: 21000000.0 |
| FY2013 | Marketing Gathering And Compression: 9559000000.0, Oil And Gas Exploration And Production: 7052000000.0, Oilfield Services: 879000000.0, Other Segments: 16000000.0 |
| FY2014 | Marketing Gathering And Compression: 12225000000.0, Oil And Gas Exploration And Production: 8180000000.0, Oilfield Services: 544000000.0, Other Segments: 30000000.0 |
| FY2015 | Marketing Gathering And Compression: 7373000000.0, Oil And Gas Exploration And Production: 5391000000.0 |
| FY2016 | Marketing Gathering And Compression: 4584000000.0, Oil, Natural Gas and NGL: 3288000000.0 |
| FY2018 | Natural Gas, Gathering, Transportation, Marketing and Processing: 5076000000.0, Oil and Gas: 5155000000.0 |
| FY2019 | Manufactured Product, Other: 63000000.0, Natural Gas, Gathering, Transportation, Marketing and Processing: 3967000000.0, Oil and Gas: 4522000000.0, Oil and Gas and Marketing: 8489000000.0, Oil and Gas, Refining and Marketing: 3967000000.0 |
| FY2020 | Manufactured Product, Other: 56000000.0, Natural Gas, Gathering, Transportation, Marketing and Processing: 1869000000.0, Oil and Gas: 3341000000.0, Oil and Gas and Marketing: 5210000000.0 |
| FY2021 | Natural Gas, Gathering, Transportation, Marketing and Processing: 2263000000.0, Oil and Gas: 4401000000.0 |
| FY2022 | Natural Gas Liquids Sales: 225000000.0, Natural Gas Sales: 7803000000.0, Natural Gas, Gathering, Transportation, Marketing and Processing: 4231000000.0, Oil and Gas: 9892000000.0, Oil Sales: 1864000000.0 |
| FY2023 | Natural Gas Liquids Sales: 98000000.0, Natural Gas Sales: 2853000000.0, Natural Gas, Gathering, Transportation, Marketing and Processing: 2500000000.0, Oil and Gas: 3547000000.0, Oil Sales: 596000000.0 |
| FY2024 | Natural Gas Liquids Sales: 214000000.0, Natural Gas Sales: 2686000000.0, Natural Gas, Gathering, Transportation, Marketing and Processing: 1290000000.0, Oil and Gas: 2969000000.0, Oil Sales: 69000000.0 |
| FY2025 | Natural Gas Liquids Sales: 724000000.0, Natural Gas Sales: 7433000000.0, Natural Gas, Gathering, Transportation, Marketing and Processing: 3163000000.0, Oil and Gas: 8476000000.0, Oil Sales: 319000000.0 |
| Period | Value |
|---|---|
| FY2025 | Haynesville: 3477000000.0, Northeast Appalachia: 2860000000.0, Southwest Appalachia: 2139000000.0 |
Insights · Dividends · Forecast · Financials · Learn
$21.36B
Market Cap
8.01
P/E
10.66
Forward P/E
67
Score