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Investing.com - UBS lowered its price target on Expand Energy (NASDAQ:EXE) to $131.00 from $132.00 while maintaining a Buy rating ahead of the company’s third-quarter 2025 results. The company, currently trading at $101.84 with a market capitalization of $24.2 billion, has demonstrated strong momentum with a 20% return over the past year. According to InvestingPro data, the stock is trading near its Fair Value.
The investment firm expects Expand Energy’s third-quarter volumes to reach the high end of guidance, while capital expenditure remains just below the midpoint, showing operational momentum following the SWN acquisition.
Despite volatility in the forward curve, UBS projects Expand Energy will achieve fiscal year 2026 volumes of 7.5-7.6 billion cubic feet equivalent per day on $2.9 billion of capital expenditure.
UBS anticipates updates on Expand Energy’s CFO search and strategic developments in its Power and LNG segments during the upcoming earnings report.
The firm maintains that Expand Energy is well-positioned to benefit from rising natural gas prices next year, with capacity to increase production volumes and shareholder returns while reducing debt.
In other recent news, Expand Energy reported its Q2 2025 earnings, with revenue reaching $3.69 billion, significantly exceeding the forecast of $2.57 billion. However, the earnings per share (EPS) came in at $1.10, slightly below the anticipated $1.13. Mizuho has raised its price target for Expand Energy to $154, up from $142, citing improved free cash flow outlook and solid quarterly results. The firm maintained its Outperform rating on the stock, highlighting the company’s strong operational and financial performance. Additionally, Expand Energy announced the appointment of Brittany Raiford as interim Chief Financial Officer following the departure of Mohit Singh. Raiford, who joined the company as part of a merger with Southwestern Energy, has extensive experience in financial reporting and operations accounting. Mizuho also reiterated its Outperform rating on Expand Energy, despite anticipating a decline in EBITDA and free cash flow estimates due to falling commodity prices. These developments reflect ongoing changes and adjustments within Expand Energy’s operations and leadership.
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