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Expand Energy (EXE)

Energy Dividend payer

America's biggest natural-gas producer, born from the merger of Chesapeake and Southwestern Energy.

$94.03

Is Expand Energy a good stock for a UK beginner?

The honest version: America's biggest natural-gas producer, born from the merger of Chesapeake and Southwestern Energy.

No rating · no target price · nothing for sale here
Price+25.3%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-9% past year
$94.03
Low $84.98High $126.62
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Expand Energy
$1,253+25%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$22.49B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
3.63M
Day range: The lowest and highest price the shares traded at during the latest day.
$92.06 – $94.17
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$84.98 – $126.62
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
8.1
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
2.5%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.33
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.33
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +4% past week · ▼ -9% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

US natural-gas demand grows steadily via LNG exports and power/data-centre demand, and the combined company operates efficiently at scale.

The bear case

Persistent oversupply of US natural gas or a slower-than-expected buildout of LNG export demand keeps prices structurally low.

What does Expand Energy do?

Expand Energy drills for natural gas across the big US shale basins, and it's the country's largest gas producer after Chesapeake Energy and Southwestern Energy joined forces. The business looks good on paper - a 24.9% net margin: How much of each £1 of sales becomes profit after all costs. Higher = more profitable per sale. and 41% revenue growth: How fast the company's sales grew versus a year ago. - yet the share price has slipped about 14% over the past year, the kind of gap you sometimes see when the mood hasn't caught up with improving numbers. Its trailing P/E: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth. is low at 6.5, but the forward P/E: Like P/E, but using analysts' forecast of NEXT year's profit instead of last year's. A much lower forward figure implies profits are expected to jump. of 10.3 is notably higher, hinting analysts expect earnings to ease from a recent high. The one thing worth watching -> a very weak momentum score (M12) alongside strong growth (G94) and income (I82) readings.

VQGMI
Factor profile

On our factor screen it looks strongest on value and income, and weakest on growth.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 76Quality: How profitable and financially healthy the company is (higher = stronger). 67Growth: How fast revenue and earnings are growing (higher = faster). 4Momentum: How the share price has been trending recently (higher = stronger recent run). 31Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 71
Quick checks
What's strong
  • Value screens high (76/100)
  • Income screens high (71/100)
  • Very low trailing P/E (6.5) versus the broader market
  • Strong net margin (24.9%) and fast revenue growth (+41%)
  • Relatively high dividend yield (3.6%)
What to watch
  • Growth screens low (4/100)
  • Momentum screens low (31/100)
  • Natural-gas price volatility, including seasonal and storage-driven swings
  • Merger-integration execution risk following the Chesapeake/Southwestern combination
  • Pace of LNG export-capacity buildout affecting demand for US gas

What do Expand Energy's numbers mean?

P/E (trailing / forward)
6.5 / 10.3
The stock trades at just 6.5 times trailing earnings but roughly 10.3 times forward estimates — a large gap implying expected earnings moderation from a recent, possibly gas-price-driven, strong level.
Net margin
24.9%
About 25 cents of every revenue dollar became profit, a strong margin for a natural-gas producer.
Dividend yield
3.6%
The dividend equates to roughly 3.6% of the current share price annually, a relatively high income component within this group of companies.
12-month price momentum
approximately -14%
The shares have declined by roughly 14% over the past year even as reported profitability was strong, illustrating that share-price moves and trailing financial results don't always move together.

How much money does Expand Energy make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$1.10B$2.20B$3.30B$4.40BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
47.1%
Net margin
22.0%
Return on equity
14.9%

Does Expand Energy pay a dividend?

Yes - Expand Energy currently pays a dividend of about 2.5% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

When does Expand Energy report earnings, and how did recent quarters go?

Expand Energy is next scheduled to report on about 2026-10-27 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-28$1.12$1.33Beat +19%
2026-04-28$3.63$3.83Beat +5%
2026-02-17$1.89$2.00Beat +6%
2025-10-28$0.85$0.97Beat +14%
2025-07-29$1.15$1.10Missed -4%
2025-04-29$1.87$2.02Beat +8%

Across the last 6 quarters here, Expand Energy came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

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What are the scenarios for Expand Energy?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$127$94$66today · $94▲ Bull · $108• Base · $95▼ Bear · $75in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
roughly +10% to +20%Natural-gas prices firm up and post-merger integration continues to run smoothly, helping reverse recent weak momentum.
Base
roughly -5% to +8%Natural-gas prices stay roughly range-bound and integration proceeds broadly as planned.
Bear
roughly -15% to -25%Natural-gas prices weaken further or momentum continues to lag fundamentals.

What are the pros and cons of Expand Energy?

4bull points
8bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case4
  • Very low trailing P/E (6.5) versus the broader market
  • Strong net margin (24.9%) and fast revenue growth (+41%)
  • Relatively high dividend yield (3.6%)
  • Largest-scale US natural-gas producer following the merger, with strong growth and income factor scores (G94, I82)
The catch4
  • Very weak momentum score (M12) and a roughly -14% 12-month share-price decline despite strong reported fundamentals
  • Forward P/E notably higher than trailing P/E, implying expected earnings moderation
  • Natural-gas prices have historically been volatile and can swing profitability sharply
  • Integration risk from the relatively recent large merger
Key risks4
  • Natural-gas price volatility, including seasonal and storage-driven swings
  • Merger-integration execution risk following the Chesapeake/Southwestern combination
  • Pace of LNG export-capacity buildout affecting demand for US gas
  • Broader energy-transition and regulatory risk affecting fossil-fuel producers
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: low · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.