Expand Energy (NASDAQ:EXE – Get Free Report)‘s stock had its “sector weight” rating reiterated by equities researchers at KeyCorp in a research report issued on Thursday, MarketBeat.com reports. KeyCorp also issued estimates for Expand Energy’s Q2 2026 earnings at $1.61 EPS and Q3 2026 earnings at $1.78 EPS.
Other analysts have also issued research reports about the company. Stephens boosted their price target on Expand Energy from $145.00 to $146.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. UBS Group lowered their price objective on Expand Energy from $150.00 to $135.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Jefferies Financial Group reiterated a “buy” rating and set a $141.00 price objective on shares of Expand Energy in a research note on Thursday, February 19th. Mizuho raised their target price on shares of Expand Energy from $136.00 to $142.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Finally, Benchmark lifted their price target on shares of Expand Energy from $112.00 to $124.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Expand Energy presently has a consensus rating of “Buy” and a consensus price target of $131.48.
View Our Latest Report on Expand Energy
Expand Energy Price Performance
Expand Energy (NASDAQ:EXE – Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Expand Energy had a net margin of 15.00% and a return on equity of 8.17%. The firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $2.28 billion. As a group, equities analysts forecast that Expand Energy will post 1.33 EPS for the current year.
Insider Activity
In other Expand Energy news, CEO Michael Wichterich bought 2,000 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average price of $107.50 per share, with a total value of $215,000.00. Following the purchase, the chief executive officer owned 83,498 shares of the company’s stock, valued at $8,976,035. This trade represents a 2.45% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.19% of the company’s stock.
Institutional Investors Weigh In On Expand Energy
Institutional investors have recently added to or reduced their stakes in the stock. Siemens Fonds Invest GmbH lifted its holdings in shares of Expand Energy by 6.8% in the third quarter. Siemens Fonds Invest GmbH now owns 1,383 shares of the company’s stock worth $147,000 after buying an additional 88 shares in the last quarter. Hara Capital LLC grew its stake in Expand Energy by 3.3% during the third quarter. Hara Capital LLC now owns 3,145 shares of the company’s stock valued at $334,000 after acquiring an additional 100 shares in the last quarter. New Mexico Educational Retirement Board increased its holdings in Expand Energy by 1.0% in the 3rd quarter. New Mexico Educational Retirement Board now owns 9,800 shares of the company’s stock valued at $1,041,000 after acquiring an additional 100 shares during the last quarter. Atlantic Union Bankshares Corp lifted its stake in Expand Energy by 74.6% in the 4th quarter. Atlantic Union Bankshares Corp now owns 234 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Finally, McGowan Group Asset Management Inc. lifted its stake in Expand Energy by 0.4% in the 4th quarter. McGowan Group Asset Management Inc. now owns 24,073 shares of the company’s stock worth $2,657,000 after purchasing an additional 105 shares in the last quarter. 97.93% of the stock is owned by hedge funds and other institutional investors.
About Expand Energy
Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.
Further Reading
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