Company Overview - Expand Energy Corporation (NASDAQ:EXE) operates as an independent natural gas production company in the US, focusing on acquiring, exploring, and developing properties to produce oil, natural gas, and natural gas liquids [4]. Investment Ratings and Price Targets - Siebert Williams Shank & Co. maintained a Buy rating on Expand Energy with a price target of $132.00 as of October 29 [1]. - Wells Fargo analyst Sam Margolin initiated coverage with an Equal Weight rating and a price target of $120, projecting structural changes in the US gas markets over the next decade that could elevate the price floor [2]. - William Blair analyst Neal Dingmann initiated coverage with an Outperform rating but did not set a price target, citing the company's strong portfolio and financial capabilities to meet increasing demand for LNG and natural gas [3]. Market Trends and Demand Drivers - The US gas market is expected to see increased demand driven by higher LNG exports and power requirements from new data centers, indicating a positive outlook for natural gas producers like Expand Energy [2][3].
Siebert Williams Shank Maintains Buy Rating, $132 PT on Expand Energy (EXE)