Expand Energy Corporation (EXE) is a Energy stock trading at $96.06 (as of 2026-08-20), with a market capitalization of $22.98B and a trailing P/E of 9.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Expand Energy Corporation is an independent exploration and production company in the United States that acquires, explores, and develops oil and natural gas properties to produce oil, natural gas, and natural gas liquids from underground reservoirs. It holds onshore unconventional natural gas assets in the Marcellus Shale and the Haynesville/Bossier Shales and, as of December 31, 2023, had interests in about 5,000 natural gas wells.
Expand Energy produces oil, natural gas, and natural gas liquids from onshore U.S. unconventional reservoir assets (including Marcellus Shale in Pennsylvania and Haynesville/Bossier Shales in Louisiana), and it also earns revenue from marketing activities by selling these commodities to end users under sales and transportation arrangements.
Earnings are driven by commodity cash flows from unconventional natural gas production, then shaped by realized sales and transportation terms through marketing, with hedging used to reduce exposure over specific future periods.
| Nat gas | $3.3B |
| Marketing | $1.2B |
Business quality (Strong): Fundamentally production plus marketing exposure, supported by operational resilience indicators and defined hedging coverage, but the profit engine remains sensitive to commodity and sales/transport economics outside the hedged portion.
Valuation: At 7× earnings, EXE trades 62% below the Petroleum & Natural Gas average (17×). Note: one-time items can distort reported P/E.
| Price | $96.06 |
| Market Cap | $22.98B |
| P/E Ratio | 9.5 |
| EV / EBITDA | 4.2 |
| Price / Book | 1.18 |
| Price / Sales | 1.73 |
| FCF Yield | 22.0% |
| DCF Value (model) | $101.21 |
| DCF Upside vs Price | 5.4% |
| Revenue (TTM) | $12.12B |
| Net Margin | 15.0% |
| Revenue Growth (YoY) | 186.3% |
| EPS Growth (YoY) | -268.6% |
| FCF Growth (YoY) | 22887.5% |
| Altman Z-Score | 2.38 (grey) |
| Stock P/E | 9.5 |
| Sector P/E (Energy) | 16.8 |
| Industry P/E (Petroleum & Natural Gas) | 16.7 |
| vs Sector | -43.5% |
| vs Industry | -43.1% |
| Top Institutional Holder | VANGUARD GROUP INC ($3.08B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 7 |
| Sector | Energy |
| Industry | Petroleum & Natural Gas |
| CEO | Michael A. Wichterich |
| Employees | 1,500 |
| Country | US |
| IPO Date | 2021-02-10 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.