With a market cap of $22.5 billion, Expand Energy Corporation (EXE) is the largest independent U.S. natural gas producer, formed in 2024 through the merger of Chesapeake Energy and Southwestern Energy. Headquartered in Oklahoma City, the company operates major assets in the Appalachian region and the Haynesville Basin.
Shares of EXE have notably outperformed the broader market over the past 52 weeks. EXE has surged 28.8% over this period, while the broader S&P 500 Index ($SPX) has gained 14.3%. However, shares of EXE are down 5% on a YTD basis, compared to SPX’s 9.5% rise.
