
Oklahoma City, Oklahoma-based Expand Energy Corporation (EXE) operates as an independent natural gas production company. Valued at $24.5 billion by market cap, the company discovers, develops, and acquires conventional and unconventional natural gas, oil, and natural gas liquids reserves.
Shares of this independent natural gas production company have underperformed the broader market over the past year. EXE has declined 6.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 12.3%. In 2026, EXE stock is down 9.8%, compared to the SPX’s marginal rise on a YTD basis.