The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

EXE

Concerning the House

Expand Energy Corporation operates as an independent natural gas production company in the United States. The company engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids. It holds interests in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; the Marcellus and Utica Shales in Ohio and West Virginia; and the Haynesville and Bossier Shales in Louisiana and Texas. Expand Energy Corporation was formerly known as Chesapeake Energy Corporation and changed its name to Expand Energy Corporation in October 2024. The company was founded in 1989 and is based in Spring, Texas.

United States · www.expandenergy.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$12.12B+2.8%
Gross profit$817.00M+92.7%
Operating income$3.14B+7.2%
Net income$1.82B+2.8%
Cash from ops$1.56B-7.4%
Quotation

$94.68

-1.60 (-1.7%)

52w hi$121.49
52w lo$86.95
Vol1.83M
As ofAug 13
The Verdict

Hold

Our score +0.06

Short-0.07
Medium+0.18
Long+0.06

computed 2026-08-13

By the Numbers

Expand Energy Corporation

Energy · Oil & Gas E&P

Market cap$22.65B
Enterprise value$25.35B
Trailing P/E8.16x
Forward P/E10.48x
EV / EBITDA3.77x
P / S (ttm)1.73x
Profit margin22.0%
Return on equity14.9%
Revenue growth-10.6%
Earnings growth-45.5%
Debt / equity19.21
Risk Metrics
Beta vs SPX0.43
Corr SPX0.23
Annual vol30.4%
Annual ret+19.9%
Sharpe0.65
Max DD-29.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.13
Sector+0.13
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$94.69$95.46$94.21$94.681.83M
Aug 12$97.78$98.14$96.14$96.282.26M
Aug 11$97.49$98.88$96.542.35M
Aug 10$94.03$97.59$93.33$97.563.26M
Aug 7$91.69$93.82$91.60$92.842.24M