Oaktree Capital Management LP Increases Holdings in Expand Energy Corporation $EXE

Oaktree Capital Management LP raised its stake in shares of Expand Energy Corporation (NASDAQ:EXE) by 3.5% in the first quarter, Holdings Channel reports. The fund owned 5,237,477 shares of the company’s stock after acquiring an additional 175,114 shares during the period. Expand Energy comprises approximately 7.2% of Oaktree Capital Management LP’s holdings, making the stock its 2nd biggest position. Oaktree Capital Management LP’s holdings in Expand Energy were worth $574,970,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in EXE. Siemens Fonds Invest GmbH increased its position in shares of Expand Energy by 6.8% during the 3rd quarter. Siemens Fonds Invest GmbH now owns 1,383 shares of the company’s stock worth $147,000 after purchasing an additional 88 shares in the last quarter. Atlantic Union Bankshares Corp grew its stake in Expand Energy by 74.6% during the fourth quarter. Atlantic Union Bankshares Corp now owns 234 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the last quarter. McGowan Group Asset Management Inc. increased its holdings in shares of Expand Energy by 0.4% during the fourth quarter. McGowan Group Asset Management Inc. now owns 24,073 shares of the company’s stock worth $2,657,000 after buying an additional 105 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Expand Energy by 25.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 543 shares of the company’s stock valued at $61,000 after acquiring an additional 110 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Expand Energy by 4.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,590 shares of the company’s stock worth $286,000 after acquiring an additional 111 shares in the last quarter. Institutional investors and hedge funds own 97.93% of the company’s stock.

Insider Activity

In other Expand Energy news, CEO Michael Wichterich bought 1,000 shares of Expand Energy stock in a transaction dated Friday, June 12th. The shares were bought at an average price of $88.90 per share, with a total value of $88,900.00. Following the purchase, the chief executive officer owned 85,498 shares of the company’s stock, valued at $7,600,772.20. This trade represents a 1.18% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Marcel Teunissen purchased 2,000 shares of the stock in a transaction dated Thursday, May 7th. The shares were acquired at an average price of $96.43 per share, with a total value of $192,860.00. Following the transaction, the chief financial officer owned 9,144 shares in the company, valued at $881,755.92. This trade represents a 28.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 4,000 shares of company stock worth $375,120 in the last ninety days. Insiders own 0.22% of the company’s stock.

Expand Energy Stock Up 4.5%

NASDAQ EXE opened at $92.46 on Thursday. The stock has a market capitalization of $22.12 billion, a P/E ratio of 7.98 and a beta of 0.34. Expand Energy Corporation has a 52 week low of $84.99 and a 52 week high of $126.62. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a fifty day moving average of $90.16 and a 200-day moving average of $98.86.

Expand Energy (NASDAQ:EXE) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.20. The business had revenue of $2.96 billion for the quarter, compared to analyst estimates of $3.05 billion. Expand Energy had a return on equity of 10.42% and a net margin of 20.46%. On average, equities research analysts forecast that Expand Energy Corporation will post 8.53 EPS for the current year.

Expand Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a dividend of $0.575 per share. The ex-dividend date is Thursday, August 13th. This represents a $2.30 dividend on an annualized basis and a yield of 2.5%. Expand Energy’s dividend payout ratio is presently 17.15%.

Analysts Set New Price Targets

Several equities analysts have issued reports on EXE shares. Barclays downgraded Expand Energy from an “overweight” rating to a “reduce” rating in a research report on Tuesday, May 26th. Weiss Ratings lowered Expand Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 19th. Citigroup reduced their price target on shares of Expand Energy from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Truist Financial decreased their price objective on shares of Expand Energy from $134.00 to $117.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Expand Energy in a research note on Thursday, April 2nd. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $128.94.

Key Expand Energy News

Here are the key news stories impacting Expand Energy this week:

• Positive Sentiment: Quarterly earnings exceeded expectations. Expand Energy reported adjusted earnings of $1.33 per share, above the $1.13–$1.22 analyst estimates. Net income was $522 million, while operating cash flow reached $1.096 billion. Reuters earnings report
• Positive Sentiment: Production guidance was reaffirmed. Management maintained its 2026 production outlook of 7.4 to 7.6 billion cubic feet equivalent per day, suggesting operations remain on track despite volatile commodity prices.
• Positive Sentiment: Shareholder returns are expanding. The company repurchased approximately $530 million of stock during the quarter, bringing year-to-date repurchases to about $849 million, and authorized an additional $1 billion in buybacks. It also declared a quarterly dividend of $0.575 per share.
• Positive Sentiment: The Twin Eagle acquisition adds a new growth catalyst. Expand Energy’s planned $1.25 billion purchase of natural-gas marketer Twin Eagle is expected to contribute more than $200 million of initial annual EBITDA, with projected synergies of $150 million annually by the end of 2028. Twin Eagle acquisition report
• Neutral Sentiment: Revenue was below expectations. Quarterly revenue of $2.96 billion missed the approximately $3.05 billion consensus estimate, reflecting the impact of lower gas prices even as output increased.
• Neutral Sentiment: Insider activity was supportive but limited in scope. Company insiders reportedly made seven open-market purchases totaling about 9,000 shares over the past six months, with no reported sales.

About Expand Energy

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.