Expand Energy (EXE) declined 1.8% amid mixed analyst sentiment and recent developments. UBS maintained a Buy rating but lowered its price target to $135. Piper Sandler maintained a Buy rating with a $137 price target, while J.P. Morgan reiterated a Buy rating. The analyst consensus remains Strong Buy with an average price target of $134.47. Recent company announcements include a partnership with Evolution Well Services to deploy 100% electric hydraulic fracturing in Northeast Appalachia and a strategic shift to Houston. The company outlined a $0.20 margin uplift strategy amid a forecasted 35-40% gas demand growth. Industry developments include LNG export facilities operating near full capacity and the planned Golden Pass LNG project nearing first production, which analysts noted could benefit natural gas leveraged companies like Expand Energy.
Read full analysisExpand Energy (EXE) declined 1.8% amid mixed analyst sentiment and recent developments. UBS maintained a Buy rating but lowered its price target to $135. Piper Sandler maintained a Buy rating with a $137 price target, while J.P. Morgan reiterated a Buy rating. The analyst consensus remains Strong Buy with an average price target of $134.47. Recent company announcements include a partnership with Evolution Well Services to deploy 100% electric hydraulic fracturing in Northeast Appalachia and a strategic shift to Houston. The company outlined a $0.20 margin uplift strategy amid a forecasted 35-40% gas demand growth. Industry developments include LNG export facilities operating near full capacity and the planned Golden Pass LNG project nearing first production, which analysts noted could benefit natural gas leveraged companies like Expand Energy.
Expand Energy is a major U.S. natural gas producer formed through the merger of Chesapeake Energy and Southwestern Energy, operating primarily in the Appalachian Basin and Haynesville Shale. The company produced approximately 7.4 Bcfe/d in Q4 2025 (92% natural gas) and returned $865 million to shareholders in 2025. EXE is navigating a leadership transition after its CEO departed in early February, with the company simultaneously relocating its headquarters from Oklahoma City to Houston.