Unless the context otherwise requires, references to “Expand Energy,” the “Company,” “us,” “we,” “our” and “ours” in this report are to Expand Energy Corporation together with its subsidiaries. Our principal executive offices are located at 6100 North Western Avenue, Oklahoma City, Oklahoma 73118, and our main telephone number at that location is (405) 848-8000. Our Business Expand Energy is the largest independent natural gas producer in the U.S., based on net daily production, and is focused on responsibly developing an abundant supply of natural gas, oil and NGL to expand energy access for all. Our operations are located in Louisiana and Texas in the Haynesville and Bossier Shales (“Haynesville”), in Pennsylvania in the Marcellus Shale (“Northeast Appalachia”) and in West Virginia and Ohio in the Marcellus and Utica Shales (“Southwest Appalachia”) and include working interests in approximately 6,600 gross natural gas and oil wells.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 12.1B | 12.1B | 4.2B | 8.7B | 11.7B | 5.5B |
| Net Income | 1.8B | 1.8B | -714M | 2.4B | 4.9B | 945M |
| EPS | $7.57 | $7.57 | $-4.55 | $16.92 | $33.36 | $8.12 |
| Free Cash Flow | 1.8B | 1.8B | 8.0M | 551M | 2.3B | 1.1B |
| ROIC | 8.6% | 8.7% | -3.1% | 23.0% | 31.6% | 15.3% |
| Gross Margin | 21.9% | 21.9% | -14.6% | 37.5% | 33.4% | 18.7% |
| Debt/Equity | 0.27 | 0.27 | 0.35 | 0.19 | 0.34 | 0.40 |
| Dividends/Share | $3.18 | $3.18 | $2.47 | $3.41 | $3.16 | $0.44 |
| Operating Income | 2.5B | 2.5B | -803M | 3.1B | 3.8B | 938M |
| Operating Margin | 20.4% | 20.4% | -19.0% | 36.0% | 32.2% | 16.9% |
| ROE | 9.8% | 10.1% | -4.1% | 22.5% | 53.4% | 16.7% |
| Shares Outstanding | 240M | 240M | 157M | 143M | 146M | 116M |
EXPAND ENERGY Corp passes 3 of 9 quality checks, indicating weak fundamentals.
EXPAND ENERGY Corp trades at 13.5x trailing earnings, compared to its 15-year median P/E of 4.5x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 13.4x vs a median of 9.7x. The company's 5-year average ROIC is 15.1% with a gross margin of 19.4%. Total shareholder yield (dividends + buybacks) is 3.5%. At current prices, the estimated annualized return to fair value is -21.3%.
EXPAND ENERGY Corp (EXEEW) has a current P/E ratio of 13.5, compared to its historical median P/E of 4.5. The stock is currently considered Expensive based on its historical valuation range.
EXPAND ENERGY Corp (EXEEW) has a 5-year average return on invested capital (ROIC) of 15.1%. This indicates strong capital allocation and a potential competitive advantage.
EXPAND ENERGY Corp (EXEEW) has a market capitalization of $24.6B. It is classified as a large-cap stock.
Yes, EXPAND ENERGY Corp (EXEEW) pays a dividend with a trailing twelve-month yield of 3.11%. The company also returns capital through share buybacks, with a buyback yield of 0.41%.
Based on historical P/E analysis, EXPAND ENERGY Corp (EXEEW) appears expensive. The current P/E of 13.5 is 199% above its historical median of 4.5. The estimated fair value CAGR (P/E method) is -13.5%.
EXPAND ENERGY Corp (EXEEW) operates in the Crude Petroleum & Natural Gas industry, within the Energy sector.
EXPAND ENERGY Corp (EXEEW) reported annual revenue of $12.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
EXPAND ENERGY Corp (EXEEW) has a net profit margin of 15.0%. This is a healthy margin.
EXPAND ENERGY Corp (EXEEW) generated $1.8 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
EXPAND ENERGY Corp (EXEEW) has a debt-to-equity ratio of 0.27. This indicates a conservatively financed balance sheet.
EXPAND ENERGY Corp (EXEEW) reported earnings per share (EPS) of $7.57 in its most recent fiscal year.
EXPAND ENERGY Corp (EXEEW) has a return on equity (ROE) of 10.1%. This indicates moderate shareholder returns.
EXPAND ENERGY Corp (EXEEW) has a 5-year average gross margin of 19.4%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 19 years of financial data for EXPAND ENERGY Corp (EXEEW), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
EXPAND ENERGY Corp (EXEEW) has a book value per share of $77.31, based on its most recent annual SEC filing.
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