Why EXE lags the market
Down 24% in a year while the S&P 500 rose 12%.
- Natural gas went from $3.76 on Nov 7, 2025 to $2.63 per million Btu on Nov 3, 2026 (EIA spot price).
EXE's Quality Score rose 1 point on Mon, Nov 9, to 6. It closed near its high of the day (2 chart checks started).
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Down 24% in a year while the S&P 500 rose 12%.
| The company | Sales up 28% on the year |
| Latest filing | 8-K, Oct 27 |
1 big story on EXE in the past 12 months, for Pro members.
Thu Nov 12: Ex-dividend, $0.575 a shareAt the open. Pays Dec 3.
1 more date ahead: the conference, for Pro members.
After its last 4 reports it closed +0.6% on average, higher 2 of 4 times.
Averagefor quality, not price, 2 of 14 chart checks firingWhat the Quality Score means
EXE is #32 of 88 by Quality Score.
| Rank | Stock | Quality Score |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 | ||
| Open for its score | ||
| Open for its score | ||
| Open for its score | ||
| Open for its score | ||
| 32 |
Share count against a year before: EXE -2.8%, DVN +82%, EQT +0.2%, GPOR -2.7%.
Expected to report Tue Feb 16, after the close (in 98 days).
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
A profit of $2.24 a share, from $2.28.
“Net cash provided by operating activities of $1,177 million, driven by operational performance and liquids revenue”
| Line | Q3 2026 | Q2 2026 | Q3 2025 |
|---|---|---|---|
| Natural Gas Sales, Marketing | $2.3B | – | $2.2B |
Each quarter's sales and their share of its total. Figures as filed (SEC filing, Oct 27)
| Measure | Figure |
|---|---|
| Rigs operated | 11 – 12 rigs |
Sales grew 18% a year over 5 years, fiscal 2020 to 2025.
Pays $2.30 a share a year.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Oct 27, 2026 | 0.0% | -3.2% | -5.0% |
| Jul 28, 2026 | +3.9% | +4.5% | +5.1% |
| Apr 28, 2026 | +2.2% | +4.2% | +2.9% |
Sales grew in one of the last six years, to $12B in 2025. It turned a profit in 2025 after a loss in 2024.
RSI 40.7, MACD below signal, below both averages. Not scored.
Its dividends come to 20% of its free cash flow.
| Dividend | $2.30 a share a year |
| Paid out | About $531M a year |
| Free cash flow | $2.6B |
2 insiders bought $368K across 3 filings in the last 6 months. No open-market sales on record. The newest:
8 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: EXE is under 0.1% of VYM, under 0.1% of VOO, and under 0.1% of IVV, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Jul 31, 2026.
Expand Energy is the largest North American natural gas producer and marketer. Its footprint is rooted in the Haynesville and Appalachian basins. The Haynesville basin in Louisiana is the largest operation by volume and heavily exposed to nearby LNG production. Appalachia benefits from its proximity to population centers in the Northeast and mid-Atlantic regions.
“We compete with both major integrated and other independent natural gas and oil companies, as well as pipeline marketing affiliates and other marketing companies, in all aspects of our business to explore, develop and operate our properties and market our production.”
EXE scores 6 today, which Breakaway calls Average. It is #32 of 88 in Oil & Gas by Quality Score, with 2 of 14 chart checks firing. Down 24% in a year while the S&P 500 rose 12%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
EXE scores 6 today, which Breakaway calls Average (6 to 10). That is #32 of 88 in Oil & Gas by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind EXE's 6.
2 insiders bought $368K across 3 filings in the last 6 months. No open-market sales on record. The newest is Michael Wichterich, Interim President and CEO, who bought $89K on Jun 12. Every filing, with the scored weight, for Pro members.
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Insider and Congress trades, the chart, and the financials, in one score.
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