With a market cap of $23.4 billion, Expand Energy Corporation (EXE) is one of the largest independent natural gas producers in the United States. The company is headquartered in Oklahoma City and focuses primarily on the exploration, production, and development of natural gas and related hydrocarbons. It operates across key gas-rich regions such as the Marcellus, Utica, Haynesville, and Bossier shales.
Shares of EXE have notably underperformed the broader market over the past 52 weeks. EXE has dropped 14.4% over this period, while the broader S&P 500 Index ($SPX) has gained 27.9%. Additionally, shares of EXE are down 11.3% on a YTD basis, compared to SPX’s 9.2% rise.
