EXE stock soars to all-time high, reaching $118.34

Published 02/06/2025, 14:34
EXE stock soars to all-time high, reaching $118.34

In a remarkable display of market confidence, EXE stock has soared to an all-time high, with shares trading at a staggering $118.34. With a market capitalization of $27.64 billion and impressive year-to-date gains of 17.93%, InvestingPro analysis suggests the stock remains slightly undervalued. This peak represents a significant milestone for the company, underscoring a period of robust performance and investor optimism, with revenue growth of 35.62% and a strong 30.93% return over the past year. While EXE celebrates this historic high, the energy sector also sees positive momentum, exemplified by Chesapeake Energy (NYSE:CHK)’s impressive 1-year change, boasting a 27.64% increase. This surge in energy stocks reflects a broader industry trend, as companies adapt to changing market conditions and investor expectations. Discover 12 additional exclusive insights about EXE and comprehensive analysis with an InvestingPro subscription.

In other recent news, Expand Energy reported its first-quarter 2025 earnings, surpassing earnings per share (EPS) expectations with a reported EPS of $2.02, which was 21% higher than the forecasted $1.67. However, the company faced a revenue shortfall, reporting $2.2 billion against an anticipated $2.49 billion. Analysts from Piper Sandler have responded to Expand Energy’s performance by raising the company’s price target to $139, citing strong well productivity and strategic positioning in the natural gas market. Piper Sandler upgraded the stock to Overweight, reflecting a positive outlook based on revised gas price forecasts.

Additionally, Bernstein SocGen initiated coverage on Expand Energy with an Outperform rating and set a price target of $150, highlighting the company’s potential to benefit from increased demand for liquefied natural gas (LNG). The firm noted Expand Energy’s significant presence in the Haynesville Shale and projected that the company’s production could reach 7.5 billion cubic feet equivalent per day by 2026. Bernstein SocGen also forecasts $500 million in annual savings by 2026 from corporate cost reductions and improved drilling efficiency. These developments indicate that analysts see Expand Energy as well-positioned to capitalize on future growth opportunities in the natural gas sector.

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