Expand Energy (EXE) Receives a Rating Update from a Top Analyst

In a report released yesterday, Scott Hanold from RBC Capital maintained a Buy rating on Expand Energy, with a price target of $138.00. The company’s shares closed yesterday at $103.55.

Easter Sale - 70% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Hanold covers the Energy sector, focusing on stocks such as Northern Oil And Gas, Devon Energy, and EQT. According to TipRanks, Hanold has an average return of 25.1% and a 72.46% success rate on recommended stocks.

In addition to RBC Capital, 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 – Anthropic 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.