Expand Energy Corporation (NASDAQ:EXE) Stock to Pay Quarterly Dividend of $0.57

Expand Energy Corporation (NASDAQ:EXE) announced a quarterly dividend on Tuesday, October 27th. Shareholders of record on Thursday, November 12th will be paid a dividend of $0.5750 per share on Thursday, December 3rd. This represents a $2.30 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, November 12th.

Expand Energy Stock Up 0.6%

EXE stock opened at $94.62 on Wednesday. The business has a 50 day moving average price of $92.25 and a two-hundred day moving average price of $96.99. The company has a market cap of $21.90 billion, a price-to-earnings ratio of 8.17 and a beta of 0.41. Expand Energy has a twelve month low of $83.25 and a twelve month high of $126.62.

Expand Energy (NASDAQ:EXE) last issued its earnings results on Tuesday, October 27th. The company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.17. The firm had revenue of $3.29 billion during the quarter, compared to analyst estimates of $2.85 billion. On average, equities research analysts anticipate that Expand Energy will post 8.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on EXE. Truist Financial reduced their target price on Expand Energy from $121.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Jefferies Financial Group decreased their target price on Expand Energy from $143.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, October 1st. Benchmark dropped their price target on Expand Energy from $124.00 to $109.00 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Morgan Stanley cut their price target on Expand Energy from $129.00 to $124.00 and set an “overweight” rating for the company in a report on Thursday, October 15th. Finally, Mizuho reduced their price objective on shares of Expand Energy from $145.00 to $138.00 and set an “outperform” rating for the company in a research report on Tuesday, October 6th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $123.11.

Expand Energy Company Profile

Expand Energy Corporation (NASDAQ:EXE) is an independent energy company focused on the exploration, development and production of natural gas, crude oil and natural gas liquids in the United States. The company’s activities include drilling and operating unconventional oil and gas wells, primarily in major shale formations.

Expand Energy was formed through the combination of Chesapeake Energy Corporation and Southwestern Energy Company, a transaction completed in October 2024. Chesapeake’s portfolio included assets in the Marcellus, Haynesville and Eagle Ford shale plays, while Southwestern was also a major operator in the Appalachian and Haynesville regions.