Expand Energy (NASDAQ:EXE) Stock Gets Price Target Reduction from UBS Group

Expand Energy (NASDAQ:EXE – Free Report) had its price target decreased by UBS Group from $120.00 to $117.00 in a research note issued to investors on Thursday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

Several other equities analysts have also recently issued reports on the company. Wolfe Research reiterated an “outperform” rating and set a $114.00 target price on shares of Expand Energy in a research report on Wednesday, July 29th. Mizuho reduced their price target on Expand Energy from $145.00 to $138.00 and set an “outperform” rating for the company in a report on Tuesday, October 6th. The Goldman Sachs Group reissued a “buy” rating and issued a $117.00 price target on shares of Expand Energy in a report on Tuesday, October 20th. Citigroup decreased their price target 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. Finally, Morgan Stanley dropped their price objective on Expand Energy from $124.00 to $123.00 and set an “overweight” rating on the stock in a report on Thursday. Three equities research 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 stock. According to MarketBeat.com, Expand Energy has a consensus rating of “Moderate Buy” and an average target price of $123.00.

Read Our Latest Stock Report on Expand Energy

Expand Energy Trading Up 0.1%

Shares of Expand Energy stock opened at $90.55 on Thursday. Expand Energy has a 52-week low of $83.25 and a 52-week high of $126.62. The company has a quick ratio of 0.96, a current ratio of 0.90 and a debt-to-equity ratio of 0.24. The company’s 50-day simple moving average is $91.95 and its 200-day simple moving average is $96.81. The firm has a market cap of $20.91 billion, a price-to-earnings ratio of 7.85 and a beta of 0.41.

Expand Energy (NASDAQ:EXE – Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.17. The firm had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $2.85 billion. Expand Energy had a net margin of 19.78% and a return on equity of 10.69%. As a group, equities research analysts anticipate that Expand Energy will post 8.69 earnings per share for the current year.

Expand Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 12th will be given a dividend of $0.5750 per share. This represents a $2.30 annualized dividend and a yield of 2.5%. The ex-dividend date is Thursday, November 12th. Expand Energy’s dividend payout ratio is presently 19.93%.

Institutional Investors Weigh In On Expand Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Eastern Bank purchased a new position in shares of Expand Energy during the 2nd quarter worth $27,000. SJS Investment Consulting Inc. grew its position in shares of Expand Energy by 379.6% in the first quarter. SJS Investment Consulting Inc. now owns 259 shares of the company’s stock valued at $28,000 after purchasing an additional 205 shares during the period. Ascentis Independent Advisors purchased a new stake in shares of Expand Energy in the first quarter valued at $32,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Expand Energy in the second quarter valued at $32,000. Finally, Harbor Investment Advisory LLC acquired a new position in Expand Energy in the second quarter valued at $33,000. 97.93% of the stock is currently owned by institutional investors and hedge funds.

Expand Energy News Summary

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

  • Positive Sentiment: Expand Energy exceeded third-quarter earnings expectations as higher production and stronger liquids prices boosted results. The company also benefited from increased marketing activity following the Twin Eagle integration. EXE Q3 Earnings Beat on Higher Output and Strong Liquids Prices
  • Positive Sentiment: Management maintained the midpoint of its full-year 2026 production guidance, while hedging covers approximately 67% of expected fourth-quarter 2026 natural-gas production and 55% of 2027 production. These hedges provide some protection if gas prices remain weak. Expand Energy: Hedges And Marketing Income Help Partially Offset Weak Natural Gas Prices
  • Positive Sentiment: Truist raised its price target to $122 from $120, while Bernstein increased its target to $139 from $127. These targets indicate analysts continue to see substantial potential upside from current trading levels. Truist Financial price target Bernstein price target
  • Neutral Sentiment: Expand Energy is targeting $500 million in marketing EBITDA by 2028, suggesting a potentially important earnings-growth avenue beyond commodity prices. Execution and the pace of Twin Eagle-related benefits remain key uncertainties. EXE Q3 Earnings Call Eyes Marketing Growth Amid Gas Price Weakness
  • Negative Sentiment: Weak natural-gas prices prompted the company to curtail some production, and free cash flow declined despite the quarterly earnings beat. UBS, Morgan Stanley and JPMorgan lowered their price targets, reflecting continued commodity-price and valuation concerns, although their respective ratings remain bullish or constructive. Expand Energy curbs some production on weaker natural gas prices

Expand Energy Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Expand Energy (NASDAQ:EXE)

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