Expand Energy (EXE)
NASDAQEnergyOil & Gas Exploration & ProductionSnapshot 2026-10-30
$90.55+0.12%
Close 2026-10-30 · 1-day change
NASDAQEnergyOil & Gas Exploration & ProductionSnapshot 2026-10-30
Research Workspace
Put EXE beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Oil & Gas Exploration & Production is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Recent financial performance freshly dropped to the bottom half of its industry.
View ThesisRevenue is growing steadily — about 28% over the past year.
View GrowthRanks among the strongest in its industry on quality — around the top 21%.
View QualityManagement screens strong on earnings delivery.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskExpand Energy’s case rests on strong operating results, though recent financial performance has weakened. Twin Eagle integration aims to broaden access to gas demand markets. Q3 2026 non-GAAP EPS beat consensus by 14.1%. Revenue growth is unreported in the desk, limiting the growth case. EXE trades at 10.5× P/E versus a 17.9× peer median. The price reflects less growth than our forecast. Higher capital spending alongside narrowed fiscal 2026 production guidance raises capital-efficiency concerns. Our model puts the next-quarter miss probability at 24.0%. Recent financial performance dropped to the bottom half of its industry. Peer multiples imply a price about 29% above where it trades; the thesis has broken. This read is provisional.
Trailing returns as of 2026-10-30. EXE is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 29 analysts currently covering EXE (as of Oct 2026).
Based on 14 Wall Street analysts offering 12-month price targets for EXE in the last 4 months.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| EXE Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 12 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Oil & Gas Exploration & Production — fair value, gap to price, and forward P/E.
Compare the value case
Put EXE next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Production curtailments reflect weaker gas pricing and pressure near-term volumes and cash flow.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $90.55
The last 12 months of price, then the range of analyst 12-month targets from today’s $90.55.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Integrate Twin Eagle and broaden access to gas demand markets
A $500M EBITDA target and integration progress support broader gas-market access and commercial growth.
Reported EPS and revenue beats support operating performance, though earnings alone do not confirm progress on tracked objectives.
Threatens: Run 11 to 12 rigs and invest ~$2.85 billion in 2026 for ~7.5 Bcfe/d production
Lower Capex outlook impacts production growth plans.
Marketing pivot and LNG deals align with growth objectives.
Business shift and downgrade may hinder growth plans.
Downgrade and price target cut indicate market concerns.