Expand Energy Surges to 242nd in Trading Volume with $375 Million Day

On May 22, 2025, Expand Energy (EXE) saw a trading volume of $375 million, marking a 31.97% increase from the previous day. This placed the company at the 242nd position in terms of trading volume for the day. However, the stock price of Expand Energy (EXE) decreased by 0.28%, marking the second consecutive day of decline, with a total decrease of 0.46% over the past two days.

Bernstein SocGen Group has initiated coverage on Expand Energy (NASDAQ:EXE) with an Outperform rating and set a price target of $150.00. The firm's analysis is based on a positive outlook for natural gas, anticipating a rise in the mid-cycle Henry Hub price to $5 per million cubic feet (mcf).

Expand Energy is a significant player in the Haynesville Shale, a crucial natural gas basin. With over 70% of U.S. gas supply either associated with oil prices or limited by pipeline capacity, Haynesville’s position allows it to adjust production according to market needs, effectively becoming a swing basin. Expand Energy, which produces nearly a quarter of the gas from the Haynesville region, is expected to benefit from the shift towards electrifying the U.S. economy. Bernstein SocGen projects that Expand’s production could reach 7.5 billion cubic feet equivalent per day (bcfe/d) by 2026, thanks to increased capacity in the Haynesville area.

The firm also forecasts that Expand Energy will achieve its synergy guidance, delivering $500 million in annual savings by 2026. These savings are likely to stem from corporate cost reductions and enhanced efficiency in drilling operations. With annual revenues of $6.57 billion and projected sales growth of 115% for FY2025, the company shows strong growth potential. Expand Energy is well-positioned to capitalize on the "value over volume" theme in the Haynesville area and is considered a top investment choice in the future of the gas sector.

In other recent news, Expand Energy reported its first-quarter 2025 earnings, surpassing earnings per share (EPS) expectations but falling short on revenue forecasts. The company posted an EPS of $2.02, exceeding the forecasted $1.67 by 21%, while revenue came in at $2.2 billion, missing the anticipated $2.49 billion by $290 million. This revenue shortfall raised investor concerns despite the strong EPS performance. Meanwhile, Piper Sandler upgraded Expand Energy’s stock from Neutral to Overweight, increasing the price target to $136 from $103, reflecting a positive outlook based on revised gas price forecasts. The firm’s analysts emphasized Expand Energy’s strategic positioning to benefit from the growing demand for natural gas, particularly with the expansion of liquefied natural gas (LNG) export capabilities. Additionally, Expand Energy has been proactive in increasing its rig count and completing drilled but uncompleted wells, aiming for significant production growth in the coming years. The company’s recent inclusion in the S&P 500 and investment grade ratings further bolster its credibility. Analyst feedback from Piper Sandler suggests confidence in Expand Energy’s growth potential and ability to meet increasing energy demands.