Expand Energy Corporation (NASDAQ:EXE) Shareholders to Collect $0.57 Quarterly Dividend

Expand Energy Corporation (NASDAQ:EXE) declared a quarterly dividend on Tuesday, October 27th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.5750 per share on Thursday, December 3rd. This represents a $2.30 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, November 12th.

Expand Energy Trading Up 0.6%

Shares of Expand Energy stock opened at $94.62 on Wednesday. The stock has a 50-day moving average price of $92.25 and a 200 day moving average price of $96.99. The company has a market cap of $21.90 billion, a P/E ratio of 8.17 and a beta of 0.41. Expand Energy has a 1 year low of $83.25 and a 1 year high of $126.62.

Expand Energy (NASDAQ:EXE) last issued its earnings results on Tuesday, October 27th. The company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.17. The company had revenue of $3.29 billion for the quarter, compared to analyst estimates of $2.85 billion. On average, equities analysts forecast that Expand Energy will post 8.59 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EXE. Eastern Bank acquired a new stake in shares of Expand Energy in the second quarter valued at about $27,000. SJS Investment Consulting Inc. grew its holdings in Expand Energy by 379.6% in the 1st 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 last quarter. Ascentis Independent Advisors acquired a new stake in Expand Energy in the 1st quarter valued at approximately $32,000. N.E.W. Advisory Services LLC acquired a new stake in Expand Energy in the 2nd quarter valued at approximately $32,000. Finally, Harbor Investment Advisory LLC bought a new position in Expand Energy in the 2nd quarter worth approximately $33,000. Institutional investors own 97.93% of the company’s stock.

About Expand Energy

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.