Expand Energy Soars 2.36 on Mid-Tier Trading Volume as Permian Efficiency Push and Eagle Ford Divestiture Fuel Strategic Shift
On September 24, 2025, Expand EnergyEXE-- (EXE) closed with a 2.36% gain, trading on a volume of $350 million, ranking 293rd in market activity. The stock's performance followed a strategic update emphasizing operational efficiency improvements in its Permian Basin operations, which analysts noted could enhance short-term cash flow visibility. Management highlighted reduced production costs and accelerated drilling timelines in the latest earnings call, signaling improved capital allocation discipline.
Recent developments focused on the company's $1.2 billion asset divestiture in the Eagle Ford shale, which cleared regulatory hurdles earlier this month. While the transaction is expected to reduce full-year production by approximately 8%, the capital proceeds will be redirected to high-margin projects in the Midland Basin. Analysts at two major banks revised their price targets upward, citing the shift in resource allocation and stronger balance sheet flexibility post-transaction.
Market participants remain cautious about near-term volatility, as the company's revised drilling guidance includes a 15% reduction in 2026 capital expenditures. This adjustment aligns with broader industry trends of profit prioritization over growth, though some investors expressed concerns about potential production plateauing. The stock's 52-week range of $42-$68 suggests a defensive positioning compared to peers in the energy sector.
To make sure I set up this back-test exactly the way you expect, could you confirm a few details? 1. Universe: Do you literally want to screen the entire U.S. stock universe each day and pick the 500 names with the highest dollar trading volume, or do you intend “the top 500” to mean the S&P 500 constituents? 2. Weights: Should the 500 selected names be held in equal-weight (each stock 0.2% of the portfolio), or capital-weighted by their trading volume? 3. Execution assumptions: Enter at next day’s open and exit the same day’s close (i.e., one-day holding period), or both entry and exit at the same day’s close? Any transaction-cost or slippage assumptions you’d like applied? Once I have those points, I can draft the data-gathering and back-testing steps and run the simulation.

Hunt down the stocks with explosive trading volume.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments
No comments yet