SummitTX Capital L.P. Increases Stake in Expand Energy Corporation $EXE

Posted by Geri Gentry on Jul 29th, 2026

SummitTX Capital L.P. raised its position in Expand Energy Corporation (NASDAQ:EXE – Free Report) by 329.1% in the 1st quarter, Holdings Channel reports. The fund owned 23,298 shares of the company’s stock after acquiring an additional 17,868 shares during the period. SummitTX Capital L.P.’s holdings in Expand Energy were worth $2,558,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Lazard Asset Management LLC acquired a new position in shares of Expand Energy during the first quarter worth about $1,484,000. Castleark Management LLC raised its holdings in Expand Energy by 5.2% during the first quarter. Castleark Management LLC now owns 61,230 shares of the company’s stock worth $6,722,000 after purchasing an additional 3,030 shares in the last quarter. Delta Global Management LP lifted its position in Expand Energy by 415.5% in the first quarter. Delta Global Management LP now owns 22,792 shares of the company’s stock valued at $2,502,000 after purchasing an additional 18,371 shares during the period. OMERS ADMINISTRATION Corp lifted its position in Expand Energy by 52.9% in the first quarter. OMERS ADMINISTRATION Corp now owns 6,956 shares of the company’s stock valued at $764,000 after purchasing an additional 2,408 shares during the period. Finally, Waverly Advisors LLC boosted its holdings in Expand Energy by 72.2% in the 1st quarter. Waverly Advisors LLC now owns 4,521 shares of the company’s stock valued at $496,000 after purchasing an additional 1,896 shares in the last quarter. Hedge funds and other institutional investors own 97.93% of the company’s stock.

Insider Activity at Expand Energy

In other news, CFO Marcel Teunissen purchased 2,000 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average price of $96.43 per share, for a total transaction of $192,860.00. Following the acquisition, the chief financial officer directly owned 9,144 shares in the company, valued at approximately $881,755.92. The trade was a 28.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael Wichterich acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was purchased at an average cost of $88.90 per share, with a total value of $88,900.00. Following the completion of the purchase, the chief executive officer directly owned 85,498 shares in the company, valued at $7,600,772.20. This represents a 1.18% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 4,000 shares of company stock worth $375,120 in the last three months. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on EXE. Barclays cut Expand Energy from an “overweight” rating to a “reduce” rating in a research report on Tuesday, May 26th. UBS Group reduced their price target on Expand Energy from $135.00 to $127.00 and set a “buy” rating for the company in a report on Friday, July 10th. KeyCorp restated a “sector weight” rating on shares of Expand Energy in a research note on Thursday, April 2nd. Citigroup dropped their price objective on Expand Energy from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Finally, Morgan Stanley cut their price objective on Expand Energy from $139.00 to $131.00 and set an “overweight” rating for the company in a research report on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $130.19.

Read Our Latest Stock Report on Expand Energy

Key Headlines Impacting Expand Energy

Here are the key news stories impacting Expand Energy this week:

Positive Sentiment: Second-quarter earnings beat expectations. Expand Energy reported adjusted earnings of $1.33 per share, above consensus estimates ranging from $1.13 to $1.22 and up from $1.10 a year earlier. Expand Energy Q2 Earnings Beat Estimates
Positive Sentiment: Twin Eagle acquisition offers growth and integration benefits. EXE agreed to acquire privately held natural-gas marketer Twin Eagle for $1.25 billion. Management expects the deal to contribute more than $200 million in annual EBITDA initially and generate $150 million in annual synergies by the end of 2028, expanding Expand Energy’s reach across major U.S. and Canadian demand markets. Expand Energy to Acquire Twin Eagle
Neutral Sentiment: The deal shifts EXE toward an integrated natural-gas model. Combining North America’s largest gas producer with a marketing and optimization platform could improve value capture and diversify earnings, but investors will likely monitor transaction funding, closing conditions and the pace of synergy realization. Expand Energy to Acquire Twin Eagle in $1.25 Billion Deal
Negative Sentiment: Revenue missed forecasts. Quarterly revenue was $2.96 billion, below analysts’ $3.05 billion estimate. The revenue shortfall may be overshadowing the EPS beat, particularly as pre-earnings coverage cited downward estimate revisions. Expand Energy Earnings Results

Expand Energy Stock Down 2.2%

EXE stock opened at $88.52 on Wednesday. The company has a market cap of $21.18 billion, a P/E ratio of 6.60 and a beta of 0.34. Expand Energy Corporation has a 52 week low of $84.99 and a 52 week high of $126.62. The company’s 50-day moving average price is $90.29 and its 200 day moving average price is $98.95. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.21.

Expand Energy (NASDAQ:EXE – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.20. Expand Energy had a net margin of 22.53% and a return on equity of 10.26%. The company had revenue of $2.96 billion for the quarter, compared to analyst estimates of $3.05 billion. On average, research analysts expect that Expand Energy Corporation will post 8.41 earnings per share for the current fiscal year.

Expand Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.575 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.30 annualized dividend and a dividend yield of 2.6%. Expand Energy’s payout ratio is 17.15%.

About Expand Energy

(Free Report)

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.