Core Viewpoint - Expand Energy Corporation (NASDAQ:EXE) is experiencing downward pressure on its stock price due to lowered price targets from analysts and a decline in natural gas prices, indicating potential challenges in the natural gas market [1][3][4]. Group 1: Stock Performance - The share price of Expand Energy Corporation fell by 1.72% between January 9 and January 16, 2026, ranking it among the energy stocks that lost the most during that week [1]. - On January 16, BofA lowered its price target for Expand Energy Corporation from $143 to $125 while maintaining a 'Buy' rating [3]. - UBS analyst Josh Silverstein also reduced the price target from $154 to $150, keeping a 'Buy' rating on the shares [4]. Group 2: Market Conditions - The company has faced pressure due to a decline in natural gas prices, with futures dropping to a 3-month low of $3.1 per MMBtu on January 16, attributed to lower-than-expected withdrawal from storage, indicating looser supply-demand conditions [4]. - The lowered price targets from analysts are driven by concerns over a rising risk of oversupply in 2027 and lower price forecasts for the gas-levered exploration and production group [3]. Group 3: Company Background - Expand Energy Corporation was formed in 2024 through the merger of Chesapeake Energy Corporation and Southwestern Energy Company, operating as an independent natural gas production company in the United States [2].
Is Expand Energy (EXE) Among the Energy Stocks that Fell This Week?