Expand Energy Corporation

NasdaqGS:EXE Stock Report

Market Cap: US$22.0b

Expand Energy Valuation

Is EXE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EXE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: EXE ($94.83) is trading below our estimate of future cash flow value ($286.01)

Significantly Below Future Cash Flow Value: EXE is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EXE?

Key metric: As EXE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EXE. This is calculated by dividing EXE's market cap by their current earnings.
What is EXE's PE Ratio?
PE Ratio7.9x
EarningsUS$2.78b
Market CapUS$21.95b

Price to Earnings Ratio vs Peers

How does EXE's PE Ratio compare to its peers?

The above table shows the PE ratio for EXE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average56.4x
PR Permian Resources
16.1x7.28%US$19.9b
TPL Texas Pacific Land
47x15.98%US$25.5b
VNOM Viper Energy
149.9x27.55%US$16.1b
EQT EQT
12.5x10.05%US$33.8b
EXE Expand Energy
7.9x-0.44%US$22.0b

Price-To-Earnings vs Peers: EXE is good value based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (56.4x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does EXE's PE Ratio compare vs other companies in the US Oil and Gas Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HEOL Highwater Ethanol
1.8xn/aUS$71.78m
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
MVO MV Oil Trust
0.7xn/aUS$6.85m
TOPS Top Ships
1.3xn/aUS$3.99m
EXE 7.9xIndustry Avg. 13.0xNo. of Companies19PE0816243240+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EXE is good value based on its Price-To-Earnings Ratio (7.9x) compared to the US Oil and Gas industry average (13x).

Price to Earnings Ratio vs Fair Ratio

What is EXE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EXE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.9x
Fair PE Ratio16.4x

Price-To-Earnings vs Fair Ratio: EXE is good value based on its Price-To-Earnings Ratio (7.9x) compared to the estimated Fair Price-To-Earnings Ratio (16.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EXE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$94.83
US$125.33
+32.17%
13.37%US$160.00US$93.00n/a27
Sep ’27US$99.98
US$125.52
+25.55%
13.97%US$160.00US$93.00n/a25
Aug ’27US$94.03
US$124.16
+32.04%
14.52%US$160.00US$93.00n/a25
Jul ’27US$89.57
US$129.00
+44.02%
12.50%US$160.00US$100.00n/a25
Jun ’27US$92.09
US$130.04
+41.21%
12.01%US$160.00US$100.00n/a25
May ’27US$100.12
US$132.42
+32.26%
12.37%US$165.00US$100.00n/a26
Apr ’27US$106.03
US$132.89
+25.33%
11.71%US$167.00US$86.00n/a27
Mar ’27US$107.92
US$130.39
+20.82%
11.09%US$152.00US$86.00n/a28
Feb ’27US$112.41
US$131.00
+16.54%
11.41%US$152.00US$86.00n/a28
Jan ’27US$110.36
US$133.61
+21.06%
11.79%US$162.00US$86.00n/a28
Dec ’26US$121.58
US$130.82
+7.60%
11.39%US$162.00US$86.00n/a28
Nov ’26US$103.31
US$129.75
+25.59%
11.11%US$162.00US$86.00n/a28
Oct ’26US$109.18
US$128.37
+17.58%
12.49%US$154.00US$83.00n/a27
Sep ’26US$96.78
US$133.62
+38.06%
11.79%US$170.00US$98.00US$99.9826
Aug ’26US$101.97
US$133.70
+31.12%
10.43%US$170.00US$108.00US$94.0327
Jul ’26US$111.19
US$131.15
+17.95%
10.53%US$170.00US$105.00US$89.5727
Jun ’26US$116.13
US$128.07
+10.29%
10.52%US$170.00US$105.00US$92.0927
May ’26US$103.43
US$123.27
+19.18%
10.52%US$170.00US$100.00US$100.1226
Apr ’26US$112.74
US$124.31
+10.26%
15.18%US$170.00US$85.00US$106.0326
Mar ’26US$98.88
US$119.84
+21.20%
11.65%US$150.00US$91.00US$107.9225
Feb ’26US$101.60
US$116.68
+14.84%
12.24%US$146.00US$86.00US$112.4125
Jan ’26US$99.55
US$107.60
+8.09%
10.36%US$128.00US$86.00US$110.3620
Dec ’25US$98.96
US$104.75
+5.85%
10.24%US$128.00US$86.00US$121.5820
Nov ’25US$83.66
US$101.02
+20.75%
11.67%US$128.00US$83.00US$103.3120
Oct ’25US$81.46
US$95.81
+17.62%
11.84%US$120.00US$78.00US$109.1819
Sep ’25US$74.49
US$103.20
+38.55%
9.05%US$118.00US$89.00US$96.7817
US$125.33
Fair Value
24.3% undervalued intrinsic discount
27
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 04:05
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Expand Energy Corporation is covered by 49 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Michael HallBaird
Wei JiangBarclays