Expand Energy Surges 4.87% on $790M Volume Rally as Q2 Revenue Jumps 631% to $3.69B and Debts Near $1B Reduction, Trading Activity Ranked 138th

On July 30, 2025, Expand Energy (EXE) surged 4.87% with a trading volume of $0.79 billion, a 94.29% increase from the prior day, ranking 138th in market activity. The company reported Q2 2025 results marked by a 631.7% year-over-year revenue jump to $3.69 billion, driven by production growth following the Southwestern Energy merger. Adjusted earnings per share (Non-GAAP) came in at $1.10, slightly below estimates, while free cash flow turned positive at $665 million, with $448 million returned to shareholders through dividends and buybacks.

Production averaged 7.20 billion cubic feet equivalent per day (Bcfe/d), with 92% natural gas output supporting strong revenue performance. Higher realized prices, averaging $3.14 per thousand cubic feet equivalent (Mcfe), and operational efficiencies post-merger contributed to the results. The company also reduced debt by nearly $1 billion mid-year and announced a $125 million accelerated share repurchase under its $500 million authorization.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day yielded a 166.71% return from 2022 to the present, significantly outperforming the benchmark return of 29.18%. The strategy's excess return was 137.53%, and it achieved a compound annual growth rate (CAGR) of 31.89%. This conclusion is based on consistent performance across multiple stocks, including PTC, Ingersoll Rand, Adobe, and Coca-Cola, which demonstrated strong gains under the strategy.