Company Overview - Expand Energy Corporation is a leading U.S.-based natural gas producer formed through the merger of Chesapeake Energy Corporation and Southwestern Energy Company, completed on October 1, 2024 [11] - The merger positioned Expand Energy as the largest natural gas producer in the country, leveraging a vast asset base across the Haynesville and Appalachian shale plays [11] - The combined entity has more than 5,000 gross drilling locations and an extensive inventory expected to sustain development for over 15 years [11] Operational Efficiency - The merger enhanced operational scale and efficiency, unlocking cost synergies and providing a strong platform to capitalize on growing natural gas demand, particularly from the liquefied natural gas (LNG) sector [11] Stock Performance - Expand Energy is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A [12] - The stock has a Momentum Style Score of B, with shares up 9% over the past four weeks [12] - Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.09 to $7.68 per share [12] - The company boasts an average earnings surprise of 72.9% [12] Investment Potential - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Expand Energy should be on investors' short list [13]
Expand Energy (EXE) is a Top-Ranked Momentum Stock: Should You Buy?