Core Insights - Expand Energy Corporation (NASDAQ:EXE) reported fiscal Q4 2025 earnings with revenue of $2.31 billion, marking a 44.51% year-over-year growth and exceeding estimates by $17.63 million. The EPS was $2, surpassing consensus by $0.11 [1][2]. Financial Performance - The company operated an average of 12 rigs during the quarter, drilling 51 wells and turning 66 wells, resulting in a net production of approximately 7.40 Bcfe/d, with 92% of this production coming from natural gas [2]. - For the full year, Expand Energy exceeded synergy targets and improved Haynesville breakevens by about 15% [3]. Future Outlook - Looking ahead, Expand Energy plans to operate 11 to 12 rigs in 2026 and intends to invest around $2.85 billion, which is projected to yield daily production of approximately 7.5 Bcfe/d [3]. Market Sentiment - Following the earnings release, analysts have shown a bullish sentiment towards the stock. Betty Jian from Barclays reiterated a Buy rating but slightly lowered the price target from $126 to $125, while Josh Silverstein from UBS also reiterated a Buy rating with a reduced price target from $150 to $135 [4]. Industry Challenges - The company faces pressure from a recent decline in natural gas prices, attributed to increased production and forecasts of warmer weather, which diminishes demand for heating and energy production [5].
Expand Energy Corporation (EXE) Releases FQ4 2025 Earnings