Oklahoma City-based Expand Energy Corporation (EXE) operates as an independent natural gas production company in the United States. With a market cap of $25.1 billion, the company engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids.
The energy major is expected to announce its second-quarter results on Monday, Aug. 4. Ahead of the event, analysts expect EXE to deliver a profit of $1.32 per share, significantly up from the $0.01 per share reported in the year-ago quarter. While the company has missed the Street’s bottom-line estimates in one of the past four quarters, it has surpassed the projections on three other occasions.
