Expand Energy’s Volume Plunges 51.42% to Rank 342nd Amid Subdued Trading

On October 3, 2025, Expand Energy (EXE) traded with a volume of $0.33 billion, marking a 51.42% decline from the previous day’s activity and ranking 342nd in market turnover among listed stocks. The energy producer closed 0.39% lower, reflecting subdued trading interest amid broader market conditions.

Recent market dynamics suggest limited catalysts for the stock, with no major operational updates or sector-specific developments reported. Analysts note that the sharp drop in trading volume could indicate reduced short-term momentum, though long-term fundamentals remain unchanged. Institutional activity remains muted, with no large-scale buy or sell orders reported in the past week.

For a back-test of a 500-stock portfolio strategy involving EXE, key parameters require clarification. The process entails defining the U.S. trading universe (e.g., NYSE + NASDAQ, all U.S. common shares), selecting the top 500 by daily dollar volume, and constructing an equal- or value-weighted basket. Execution timing—close-to-close or next-day open—must also be specified. Once these details are confirmed, a three-year performance analysis can be conducted by aggregating daily data pulls and recalibrating holdings on each trading day.