| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 92 | 8.1x | 17.8x | Top tier | |
Growth | 62 | 59.3% | 7.1% | Around median | |
Quality | 78 | 12.5% | 4.5% | Top tier | |
Safety | 87 | 0.5x | 2.6x | Top tier | |
Capital Return | 82 | 3.36% | 2.12% | Top tier | |
Momentum | 44 | 3.2% | 2.9% | Around median | |
Sentiment | 85 | 15 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Expand Energy Corporation (EXE) operates as an independent natural gas producer in North America, managing assets in Haynesville, Appalachia, and other operating areas within a multi-basin portfolio. Its revenue comes primarily from producing and selling gas, while it seeks to expand the profit realized from each unit of production through commercial marketing, access to higher-value markets, and the use of transportation, storage, and direct customer relationships to capitalize on price differentials and volatility.
The latest available EDGAR filings for fiscal Q1 2026 showed revenue of $4.4 billion, net income of $1.2 billion, and earnings per share of $4.81. Compared with fiscal Q4 2025, revenue increased by about 33% from $3.3 billion, while net income rose from $553 million to $1.2 billion. On a trailing 12-month basis in fiscal 2026, revenue totaled $14.3 billion, net income reached $3.2 billion, and earnings per share were approximately $13.40.
In fiscal Q2 2026, the company described its operating performance as strong, with higher production and lower operating costs, although news published on August 9, 2026 also indicated a decline in quarterly earnings. Management focused capital allocation on repaying $1.3 billion of total debt in fiscal Q1 2026, followed by approximately $850 million in share repurchases during Q2, while maintaining a quarterly dividend of $0.575 per share. The board also authorized an additional $1 billion for future repurchases.
The average analyst price target is $115.25, within a broad target range of $93 to $129, with an overall consensus rating of “Buy.” The average is approximately 9% below the top of the 52-week range of $126.621, while the highest target exceeds that peak, reflecting that part of the optimistic valuation assumes successful integration of Twin Eagle and a shift from the gas oversupply expected through the first half of fiscal 2027 to a more balanced market.
Figures in the text are as of 2026-08-28; the live price is shown at the top of the page.
Expand Energy produces natural gas through a multi-basin portfolio that includes Haynesville and Appalachia, then sells it to markets and customers. Revenue in fiscal Q1 2026 totaled approximately $4.4 billion, compared with $3.3 billion in fiscal Q4 2025. The company seeks to increase profit from the same production through marketing, storage, transportation, and access to higher-value markets.
Expand Energy agreed to acquire Twin Eagle Holdings for $1.25 billion, with closing expected in fiscal Q3 2026 after satisfying customary regulatory conditions. The platform adds more than 1,300 customers and a network spanning the United States and Canada, while increasing initial combined storage capacity to 49 billion cubic feet. Management expects an EBITDA contribution exceeding $200 million in the first year, rising to $350 million annually with synergies within two years.
In its August 9, 2026 announcement, the company maintained a quarterly dividend of $0.575 per share. It also repurchased more than 10 million shares for $949.02 million, after explaining during the fiscal Q2 2026 call that it had executed approximately $850 million of purchases during that quarter. The board authorized an additional $1 billion for repurchases, but management prioritizes capital beginning with operating investment, followed by dividends and the balance sheet, before weighing repurchases against other opportunities.
Automated analysis for informational purposes only — not investment advice.
The company expects a modest increase in production during fiscal Q4 2026 to more than 7.6 billion cubic feet per day, driven primarily by its Appalachia assets and expected winter demand. Its base operating model remains near 7.5 billion cubic feet per day, with the ability to move above or below that level depending on prices. If demand weakens or supportive weather conditions do not materialize, management retains the option to reduce production or delay well turn-ins.
Management indicated on July 29, 2026 that a moderate gas market oversupply could persist through the first half of fiscal 2027, with approximately 3.5 billion cubic feet per day of Permian takeaway capacity added by the end of fiscal 2026. At the same time, fuel inflation and continued land leasing could push capital expenditure toward the upper end of the annual range, while maintenance capital totals approximately $2.8 billion. Additional risks include integrating Twin Eagle and realizing synergies, as well as the high-cost exploratory nature of Western Haynesville at depths exceeding 17,000 feet.
