Trek Financial LLC Makes New Investment in Expand Energy Corporation $EXE

Posted by Brenda Bartman on Nov 2nd, 2026

Trek Financial LLC purchased a new position in shares of Expand Energy Corporation (NASDAQ:EXE – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 117,193 shares of the company’s stock, valued at approximately $9,855,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Expand Energy in the 2nd quarter valued at about $1,778,004,000. Oaktree Capital Management LP boosted its position in Expand Energy by 3.5% during the first quarter. Oaktree Capital Management LP now owns 5,237,477 shares of the company’s stock worth $574,970,000 after purchasing an additional 175,114 shares during the period. Bank of New York Mellon Corp boosted its position in Expand Energy by 94.7% during the first quarter. Bank of New York Mellon Corp now owns 4,498,905 shares of the company’s stock worth $493,890,000 after purchasing an additional 2,188,422 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Expand Energy by 7.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,466,772 shares of the company’s stock worth $270,838,000 after purchasing an additional 166,407 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in shares of Expand Energy by 9.9% in the first quarter. Bank of America Corp DE now owns 1,921,098 shares of the company’s stock worth $210,898,000 after purchasing an additional 173,503 shares in the last quarter. Institutional investors own 97.93% of the company’s stock.

Expand Energy Price Performance

Shares of NASDAQ:EXE opened at $90.55 on Monday. The company has a 50 day moving average of $91.95 and a 200 day moving average of $96.81. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The stock has a market cap of $20.91 billion, a P/E ratio of 7.85 and a beta of 0.40. Expand Energy Corporation has a 12 month low of $83.25 and a 12 month high of $126.62.

Expand Energy (NASDAQ:EXE – Get Free Report) last posted its earnings results on Tuesday, October 27th. The company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.17. Expand Energy had a net margin of 19.78% and a return on equity of 10.69%. The business had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $2.85 billion. As a group, sell-side analysts forecast that Expand Energy Corporation will post 8.69 EPS for the current fiscal year.

Expand Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 12th will be given a $0.5750 dividend. This represents a $2.30 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Thursday, November 12th. Expand Energy’s dividend payout ratio (DPR) is 19.93%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on EXE. Citigroup lowered their price target on shares of Expand Energy from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. UBS Group reduced their price objective on shares of Expand Energy from $120.00 to $117.00 and set a “buy” rating for the company in a research note on Thursday. Sanford C. Bernstein reduced their price objective on shares of Expand Energy from $160.00 to $127.00 and set an “outperform” rating for the company in a research note on Monday, October 5th. Raymond James Financial lowered their target price on shares of Expand Energy from $147.00 to $141.00 and set a “strong-buy” rating on the stock in a report on Monday, October 5th. Finally, Stifel Nicolaus initiated coverage on Expand Energy in a research report on Wednesday, September 9th. They set a “buy” rating and a $135.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Expand Energy currently has an average rating of “Moderate Buy” and an average target price of $123.00.

Check Out Our Latest Stock Analysis on Expand Energy

Expand Energy Profile

(Free Report)

Expand Energy Corporation (NASDAQ:EXE) is an independent energy company focused on the exploration, development and production of natural gas, crude oil and natural gas liquids in the United States. The company’s activities include drilling and operating unconventional oil and gas wells, primarily in major shale formations.

Expand Energy was formed through the combination of Chesapeake Energy Corporation and Southwestern Energy Company, a transaction completed in October 2024. Chesapeake’s portfolio included assets in the Marcellus, Haynesville and Eagle Ford shale plays, while Southwestern was also a major operator in the Appalachian and Haynesville regions.