Expand Energy (NASDAQ:EXE) Stock Gets Price Target Cut from Morgan Stanley

Expand Energy (NASDAQ:EXE) had its price objective cut by Morgan Stanley from $124.00 to $123.00 in a report released on Thursday morning,Benzinga reports. They currently have an overweight rating on the stock.

EXE has been the subject of several other research reports. Truist Financial upped their price objective on shares of Expand Energy from $120.00 to $122.00 and gave the company a “buy” rating in a research note on Thursday. Stifel Nicolaus assumed coverage on Expand Energy in a report on Wednesday, September 9th. They set a “buy” rating and a $135.00 price objective on the stock. Freedom Broker upgraded Expand Energy to a “strong-buy” rating in a research report on Thursday, September 3rd. Raymond James Financial reduced their target price on Expand Energy from $147.00 to $141.00 and set a “strong-buy” rating for the company in a report on Monday, October 5th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $117.00 target price on shares of Expand Energy in a report on Tuesday, October 20th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Expand Energy has a consensus rating of “Moderate Buy” and a consensus price target of $123.00.

Expand Energy Trading Up 0.1%

Shares of Expand Energy stock opened at $90.55 on Thursday. The company has a fifty day simple moving average of $91.95 and a 200-day simple moving average of $96.81. Expand Energy has a 12-month low of $83.25 and a 12-month high of $126.62. The company has a current ratio of 0.90, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. The stock 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) last posted its earnings results on Tuesday, October 27th. The company reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.17. Expand Energy had a net margin of 19.78% and a return on equity of 10.69%. The firm had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $2.85 billion. On average, equities analysts forecast that Expand Energy will post 8.69 EPS for the current fiscal year.

Expand Energy Announces Dividend

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

Institutional Trading of Expand Energy

Several institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Expand Energy in the second quarter valued at about $1,778,004,000. Oaktree Capital Management LP increased its stake in shares of Expand Energy by 3.5% during the first quarter. Oaktree Capital Management LP now owns 5,237,477 shares of the company’s stock worth $574,970,000 after acquiring an additional 175,114 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Expand Energy by 94.7% during the first quarter. Bank of New York Mellon Corp now owns 4,498,905 shares of the company’s stock worth $493,890,000 after acquiring an additional 2,188,422 shares during the period. Dimensional Fund Advisors LP raised its holdings in Expand Energy by 7.2% during the first 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 in the last quarter. Finally, Bank of America Corp DE raised its holdings in Expand Energy by 9.9% during the first quarter. Bank of America Corp DE now owns 1,921,098 shares of the company’s stock worth $210,898,000 after purchasing an additional 173,503 shares in the last quarter. Hedge funds and other institutional investors own 97.93% of the company’s stock.

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

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.