Barclays Keeps Their Buy Rating on Expand Energy (EXE)

In a report released today, Betty Jiang from Barclays maintained a Buy rating on Expand Energy, with a price target of $127.00.

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According to TipRanks, Jiang is a 4-star analyst with an average return of 5.0% and a 53.00% success rate. Jiang covers the Energy sector, focusing on stocks such as Diamondback, APA, and Coterra Energy.

In addition to Barclays, Expand Energy also received a Buy from TipRanks – xAI’s xAi Oil and Gas Exploration and Production in a report issued today. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Expand Energy (NASDAQ: EXE).

Based on Expand Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.05 billion and a net profit of $553 million. In comparison, last year the company earned a revenue of $2 billion and had a GAAP net loss of $399 million

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EXE in relation to earlier this year. Last month, Michael Wichterich, the Interim President and CEO of EXE bought 2,000.00 shares for a total of $215,000.00.