NASDAQ · EXE
Expand Energy Corporation
Energy · Oil & Gas Exploration & Production
$88.62▲ 1.82% ($1.58)at close
After hours$88.04▼ 0.65%7:45 PM ET
Market cap
$20.52B
P/E
7.60
EPS (TTM)
$11.67
Next earnings
Oct 27, 2026
Valuation
Revenue & margin DCF
Verdict: cheap. Price below all scenarios.
The price holds with revenue shrinking 5.7% a year for 10 years. Our scenarios assume 0.6–4.4%.
That's below its past 4-year pace of 12.4%.
Value per share
Base case
$154.81
Price used $88.62 is 43% below this
USD · TTM ending Jun 30, 2026 · Price Sep 24, 8:00 PM UTC
Revenue each value needs
Revenue today $13.4B. The price needs $7.5B by 2036. Base case: $14.5B. At its recent pace: $43B. Bear to Bull: $14.2B to $20.6B.
Revenue today $13.4B. The price needs $7.5B by 2036. Base case: $14.5B. At its recent pace: $43B. Bear to Bull: $14.2B to $20.6B.
Revenue in 2036
today $13.4B
−$7Bless than the Base case
Value per share · Base case
$154.81
Price $88.62
43% below this
- 10-yr revenue CAGR
- 0.8%
- Ending operating margin
- 26.0%
- Discount rate
- 7.3%
USD · TTM ending Jun 30, 2026 · Price Sep 24, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 14.04% over the last year. Revenue grew 56.8% over the trailing twelve months. Operating margin moved from 5.39% to 25.98%. Free cash flow grew 118.38% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 33rd percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 25.98%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Return analysis
Company profile
Expand Energy Corporation functions as an independent entity primarily focused on the discovery and extraction of energy resources throughout the United States.
Market multiples
Stock splits
Every 200 shares became 1
Every 1000 shares became 1057
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 2 shares became 3
Every 2 shares became 3
Profitability & growth
Analyst consensus
17
Buy
5
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 27, 2026
Q4 FY26 · EPS est $1.33 · Revenue est $2.89B
View
Institutional Sentiment
Expand Energy Corporation · EXE
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.