Stock research

Expand Energy Corporation (EXE) Stock Research

Expand Energy is one of the largest US natural-gas producers, operating across major shale basins.

For the fiscal year ended December 31, 2025, Expand Energy Corporation reported revenue of $12.1B and net income of $1.8B, with operating cash flow of $4.6B. Source: Form 10-K filed February 18, 2026

SEC data as of

Revenue
$12.1B
FY ending 2025-12-31
Net income
$1.8B
FY ending 2025-12-31
Diluted EPS
$7.57
Net margin
15.0%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Expand Energy

Exchange
NASDAQ: EXE
Sector
Energy
SEC industry
Crude Petroleum & Natural Gas (SIC 1311)
Fiscal year end
December 31

EXE key financials

Reported figures from Expand Energy Corporation's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$12.1B2025-01-01 – 2025-12-31SEC filing
Net income$1.8B2025-01-01 – 2025-12-31SEC filing
Operating cash flow$4.6B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$7.572025-01-01 – 2025-12-31SEC filing
Net margin15.0%2025-01-01 – 2025-12-31SEC filing
Shares outstanding240MAs of 2026-02-11SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in EXE

Expand Energy Corporation sits in Energy. Oil and gas producers, refiners, and services — cash-flow machines when commodity prices are high, and a hedge against inflation and conflict. We have not yet written company-specific drivers for EXE; the forces that matter most for the sector are:

  • ◆Crude and natural-gas prices
  • ◆OPEC+ supply decisions
  • ◆Geopolitics and supply disruptions
  • ◆Capital discipline and shareholder returns

Key questions for the EXE thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does EXE's reported profit turn into cash?

Operating cash flow was $4.6B, 2.52 times net income of $1.8B, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 18, 2026

How much of EXE's revenue is left as profit?

Net income was 15.0% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 18, 2026

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Congressional trading in EXE

PoliticianTrade dateTypeOwnerAmountSource
Julia Letlow2026-02-17SaleSelf$1,001 - $15,000Filing #20034106
Gilbert Cisneros2026-02-10PurchaseSelf$1,001 - $15,000Filing #20034144
Gilbert Cisneros2025-12-19SaleSelf$1,001 - $15,000Filing #20033762
Gilbert Cisneros2025-11-18PurchaseSelf$1,001 - $15,000Filing #20033619
Julia Letlow2025-07-25SaleSelf$1,001 - $15,000Filing #20030977
Robert Bresnahan2025-04-08PurchaseSelf$1,001 - $15,000Filing #20030291
Julia Letlow2024-10-23PurchaseSelf$1,001 - $15,000Filing #20030977

All verified EXE congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

EXE — frequently asked questions

What does Expand Energy Corporation do?

Expand Energy is one of the largest US natural-gas producers, operating across major shale basins.

What were EXE's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, Expand Energy Corporation reported revenue of $12.1B and net income of $1.8B, with operating cash flow of $4.6B. The figures come from Expand Energy Corporation's SEC XBRL filings.

When does Expand Energy Corporation's fiscal year end?

The SEC lists Expand Energy Corporation's fiscal year end as December 31.

Do members of Congress trade EXE?

The current verified House and Senate snapshot contains 7 transaction rows for EXE, each linked to the original filing.

Is EXE a good investment?

This page does not rate EXE as a buy or sell. It sets out what Expand Energy Corporation reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the EXE numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included