Expand Energy Corporation (EXEEL)
Expand Energy Corporation operates in the Oil & Gas Energy industry of the Energy sector, headquartered in Spring, TX, US. The stock last traded at $98.72, down 0.03% on the session, giving a market capitalisation of $23.57B. On trailing twelve-month figures it carries a trailing P/E of 1.28, a net margin of 20.4%. Its beta of 0.32 implies it has historically moved less than the broad market.
Expand Energy Corporation, an independent energy firm with its headquarters in Oklahoma City, Oklahoma, was established in 1989. Operating across the United States, its primary business involves the acquisition, exploration, and development of properties for the extraction of crude oil, natural gas, and natural gas liquids from subterranean deposits. The company boasts significant holdings in major natural gas plays, specifically the Marcellus Shale in Pennsylvania's northern Appalachian Basin and the Haynesville/Bossier Shales situated in northwestern Louisiana. By the close of 2023, its portfolio encompassed onshore U.S. unconventional natural gas assets, including interests in an estimated 5,000 natural gas wells. This entity, formerly known as Chesapeake Energy Corporation, adopted the name Expand Energy Corporation in October 2024.
Expand Energy Corporation is most often compared with the following Energy names: