Company Overview

Expand Energy Corporation operates as an independent exploration and production company in the United States. It engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs. The company holds interests in natural gas resource plays in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana. As of December 31, 2023, the company owns a portfolio of onshore U.S. unconventional natural gas assets, including interests in approximately 5,000 natural gas wells. The company was formerly known as Chesapeake Energy Corporation and changed its name to Expand Energy Corporation in October 2024. Expand Energy Corporation was founded in 1989 and is based in Oklahoma City, Oklahoma.

  • Name

    Expand Energy Corporation

  • CEO

    Domenic J. Dell'Osso Jr.

  • Website

    www.expandenergy.com

  • Sector

    Oil, Gas and Consumable Fuels

  • Year Founded

    1989

Company Statistics

Profile

  • Market Cap

  • EV

  • Shares Out

  • Revenue

  • Employees

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

  • Net

  • FCF

Returns (5Yr Avg)

  • ROA

  • ROTA

  • ROE

  • ROCE

  • ROIC

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

  • Rev 5Yr

  • Rev 10Yr

  • Dil EPS 3Yr

  • Dil EPS 5Yr

  • Dil EPS 10Yr

  • Rev Fwd 2Yr

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

  • EPS LT Growth Est

Dividends

  • Yield

  • Payout

  • DPS

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

Bulls Say

  • The Haynesville footprint will benefit materially from LNG expansions because of its proximity.

  • New power and data center demand in Appalachia and the Southeast will provide new stable demand sources that Expand can capitalize on.

  • Natural gas pricing in the US has substantial room to grow as oil production and associated natural gas production slow.

Bears Say

  • Natural gas producers compete with oil producers, who throw off low-cost gas. Associated gas production is expected to continue growing as oil fields age and new pipelines are developed.

  • New infrastructure connecting production to demand will naturally constrain natural gas price growth as producers seek to meet demand.

  • Ongoing elevated natural gas prices will erode demand, incentivizing the use of alternative power sources.

Source: Morningstar Analysis - Oct 29, 2025
NasdaqGS:EXE