Expand Energy Corporation Announces Quarterly Dividend of $0.58 (NASDAQ:EXE)

Expand Energy Corporation (NASDAQ:EXE) declared a quarterly dividend on Tuesday, February 17th. Investors of record on Thursday, March 5th will be given a dividend of 0.575 per share on Thursday, March 26th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th.

Expand Energy Stock Down 3.1%

EXE traded down $3.19 on Wednesday, reaching $99.56. The company’s stock had a trading volume of 1,761,783 shares, compared to its average volume of 3,514,956. Expand Energy has a 1 year low of $91.01 and a 1 year high of $126.62. The business’s 50 day moving average is $107.48 and its 200 day moving average is $105.94. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market cap of $23.71 billion, a price-to-earnings ratio of 28.28 and a beta of 0.46.

Expand Energy (NASDAQ:EXE) last posted its quarterly earnings data on Tuesday, February 17th. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $2.28 billion. Expand Energy had a return on equity of 6.31% and a net margin of 7.99%. As a group, research analysts forecast that Expand Energy will post 1.33 EPS for the current fiscal year.

About Expand Energy

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.