Expand Energy Corporation (NASDAQ:EXE – Get Free Report) declared a quarterly dividend on Tuesday, July 28th. Investors of record on Thursday, August 13th will be paid a dividend of 0.575 per share on Thursday, September 3rd. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, August 13th.
Expand Energy Trading Up 4.5%
NASDAQ:EXE opened at $92.46 on Thursday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $22.12 billion, a price-to-earnings ratio of 7.98 and a beta of 0.34. The firm has a fifty day simple moving average of $90.16 and a two-hundred day simple moving average of $98.86. Expand Energy has a 12 month low of $84.99 and a 12 month high of $126.62.
Expand Energy (NASDAQ:EXE – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.20. Expand Energy had a net margin of 20.46% and a return on equity of 10.42%. The firm had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.05 billion. Analysts expect that Expand Energy will post 8.53 EPS for the current fiscal year.
Key Headlines Impacting Expand Energy
- Positive Sentiment: Quarterly earnings exceeded expectations. Expand Energy reported adjusted earnings of $1.33 per share, above the $1.13–$1.22 analyst estimates. Net income was $522 million, while operating cash flow reached $1.096 billion. Reuters earnings report
- Positive Sentiment: Production guidance was reaffirmed. Management maintained its 2026 production outlook of 7.4 to 7.6 billion cubic feet equivalent per day, suggesting operations remain on track despite volatile commodity prices.
- Positive Sentiment: Shareholder returns are expanding. The company repurchased approximately $530 million of stock during the quarter, bringing year-to-date repurchases to about $849 million, and authorized an additional $1 billion in buybacks. It also declared a quarterly dividend of $0.575 per share.
- Positive Sentiment: The Twin Eagle acquisition adds a new growth catalyst. Expand Energy’s planned $1.25 billion purchase of natural-gas marketer Twin Eagle is expected to contribute more than $200 million of initial annual EBITDA, with projected synergies of $150 million annually by the end of 2028. Twin Eagle acquisition report
- Neutral Sentiment: Revenue was below expectations. Quarterly revenue of $2.96 billion missed the approximately $3.05 billion consensus estimate, reflecting the impact of lower gas prices even as output increased.
- Neutral Sentiment: Insider activity was supportive but limited in scope. Company insiders reportedly made seven open-market purchases totaling about 9,000 shares over the past six months, with no reported sales.
Expand Energy Company Profile
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
- Five stocks we like better than Expand Energy
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Receive News & Ratings for Expand Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expand Energy and related companies with MarketBeat.com's FREE daily email newsletter.
