EXE

Expand EnergyNASDAQ · Oil & Gas Exploration & Production · Energy

Previous close

88.74

Change

−5.49 / −5.83%

FinDog View

Neutral

52-Week Range

84.99 – 126.62

P/E (TTM)

7.8

Forward P/E

10.6

Based on consensus earnings for the next 12 months

Market Cap

$20.5B

−5.77%

S&P 500 −2.41% over same period

Volume / Avg Volume

5.0M / 2.7M

1.88× average

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 7.21M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-06	2026-07-28	$3.0B	1.33 / 1.16	+4.45%	Pending
FY2026 Q1 Quarter ended 2026-03	2026-04-28	$4.4B	3.83 / 3.68	+4.16%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-17	—	— / —	−3.14%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-28	—	— / —	−0.58%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-29	—	— / —	+4.87%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-29	—	— / —	−3.32%	Pending

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 52 of its 5-year rangeMid-range

5-year range 1.7 – 58.6 · Median 7.3

Last 4 quarters: $166M in buybacks + $764M in dividends, 4.53% of market cap combined

P/E (TTM)

7.8

P/B

1.1

P/S

1.6

Dividend Yield

3.51%

Earnings Reaction

Over the last 6 reports, the stock moved ±3.4% on average on the first trading day after, rising 3 times

Most recent +4.45%

Volatility & Correlation

1-year beta 0.02 · Correlation with S&P 500 0.01Low beta

Annualized volatility 31% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

No open-market buys or sells by officers or directors in the last 90 days.

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q1	4.40	+100.2%	—	1.53	1.16	1.70	4.81
FY2025 Q4	3.27	+63.5%	—	0.75	0.55	0.22	2.33
FY2025 Q3	2.97	+357.7%	—	0.73	0.55	0.43	2.28
FY2025 Q2	3.69	+630.7%	—	1.27	0.97	0.67	4.02
FY2025 Q1	2.20	+103.1%	—	-0.27	-0.25	0.53	-1.06
FY2024 Q4	2.00	+2.7%	—	-0.39	-0.40	-0.15	-2.15
FY2024 Q3	0.65	−57.1%	—	-0.16	-0.11	0.12	-0.85
FY2024 Q2	0.51	−73.3%	—	-0.29	-0.23	-0.09	-1.73
FY2024 Q1	1.08	−67.9%	—	0.03	0.03	0.13	0.18
FY2023 Q4	1.95	−52.8%	—	0.73	0.57	0.09	4.10
FY2023 Q3	1.51	−52.2%	—	0.08	0.07	0.08	0.49
FY2023 Q2	1.89	−46.3%	—	0.52	0.39	-0.02	2.73

Peers

Largest by market cap in the sector · Latest quarterView Energy sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
EXE	Expand Energy	$20.5B	7.8	+100.2%	—	−5.77%	Neutral
XOM	ExxonMobil	$651B	20.8	+42.3%	—	+1.15%	Neutral	Compare
CVX	Chevron Corporation	$418B	20.9	+51.4%	45.5%	+4.36%	Neutral	Compare
COP	ConocoPhillips	$159B	18.2	+43.3%	62.9%	+3.90%	Neutral	Compare
MPC	Marathon Petroleum	$116B	13.6	+53.8%	17.2%	+15.56%	Bullish	Compare
PSX	Phillips 66	$106B	14.9	+53.1%	14.4%	+10.01%	Bullish	Compare
VLO	Valero Energy	$113B	15.6	+48.8%	12.3%	+16.16%	Bullish	Compare
WMB	Williams Companies	$86.7B	29.0	+0.0%	—	−3.47%	Neutral	Compare
EOG	EOG Resources	$76.0B	11.1	+57.4%	—	−0.83%	Bearish	Compare

The View in One Line

Financial data is FY2018 Q1, outdated and missing key metrics; price down 5.83% on the day, only bond issuance news, maintain Neutral.

Updated 2026-09-16

Notable Institutional Holders

Citadel Advisors · Ken Griffin$56.7MReduced −59%
Bridgewater Associates · Ray Dalio$40.8M
Renaissance Technologies$2.1MReduced −93%

As of 2026-06-30

Key Events

09-16M&A / Contracts
Twin Eagle Acquisition Completed; Executive Dan Turco Changes Role
Expand Energy completed its acquisition of Twin Eagle Holdings N.A. on September 16, 2026; Dan Turco stepped down as Executive Vice President of Marketing and Commercial and became Executive Vice President of Commercial Activities.Source ↗
09-16Capital Actions
Expand Energy Prices $500 Million of 2031 Senior Notes
Expand Energy priced $500 million of 5.650% senior notes due 2031 on September 15, 2026, with settlement expected on September 17.Source ↗
07-30M&A / Contracts
Expand Energy Acquires Twin Eagle for $1.25 Billion
Expand Energy signed a merger agreement on July 24, 2026 to acquire natural gas marketer Twin Eagle for $1.25 billion, with a $62.5 million deposit already paid.Source ↗
06-26Management Change
VP of Accounting Resigns; CFO Temporarily Assumes Chief Accounting Officer Role
On June 23, 2026, VP of Accounting and Controller Gregory M. Larson resigned, and CFO Marcel Teunissen will temporarily serve as Chief Accounting Officer effective immediately while the company searches for a permanent successor.Source ↗
06-04Governance
Expand Energy Annual Meeting Passes Three Proposals
On June 4, 2026, Expand Energy shareholders elected all nine directors, passed an advisory vote on executive compensation, and ratified PricewaterhouseCoopers as auditor for 2026.Source ↗
04-10Management Change
Director John D. Gass Will Not Seek Re-election and Will Retire
On April 6, 2026, John D. Gass notified Expand Energy that he will not seek re-election at the 2026 annual meeting of shareholders and will retire at the conclusion of the meeting, not due to any disagreement with the company.Source ↗
04-06Management Change
Expand Energy Appoints New CFO
Effective April 6, 2026, Marcel Teunissen becomes Executive Vice President and CFO of Expand Energy with a base salary of $550,000, and Brittany Raiford steps down as interim CFO.Source ↗

Key Financial Trends

Quarterly Revenue ($B)4.4

Free Cash Flow ($B)1.7