EXPAND ENERGY CORPORATION
boothcheck covers EXPAND ENERGY CORPORATION (EXE) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 26, 2026.
• This is the largest natural gas producer in the United States and very nearly a pure one, at roughly 7.44 billion cubic feet equivalent a day in the first quarter of 2026, of which 93% was gas [Source: Q1 2026 results release, April 28, 2026]. • The same assets produced $3,142 million of operating profit in 2023, an $803 million operating loss in 2024, and $2,471 million of operating profit in 2025, which is the clearest available statement of how little of this business management actually co
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882 institutional managers reported holding EXE in 13F filings for the quarter ended 2026-03-31. Together they hold about 94% of the company; the top 10 hold 43%. 139 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 7.6M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (2.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
EXE's share count grew 145% over the past five years even with $1.59B spent on repurchases. It pays a dividend, and has for 5 years running. Cash returned over the past three years: $1.45B in dividends and $340.00M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at EXE over the trailing three years: 2025: 3 buys totaling $673k; 2026: 6 buys totaling $684k. 17 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
EXE's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-02 | -2.2% | -0.4% |
| 2023-11-01 | +1.5% | -10.3% |
| 2024-02-22 | +6.5% | +9.8% |
| 2024-05-01 | -6.8% | -3.5% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
EXE's latest 8-K filings: 2026-07-30 (items 8.01, 9.01); 2026-07-28 (items 2.02, 7.01, 9.01); 2026-07-27 (items 7.01, 9.01); 2026-06-26 (items 5.02); 2026-06-04 (items 5.07).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 26, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.