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

In a report released today, Leo Mariani from Roth MKM maintained a Hold rating on Expand Energy, with a price target of $109.00.

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Mariani covers the Energy sector, focusing on stocks such as Sable Offshore, Diamondback, and Coterra Energy. According to TipRanks, Mariani has an average return of 30.3% and a 68.40% success rate on recommended stocks.

In addition to Roth MKM, Expand Energy also received a Hold from TipRanks – Google’s Google Oil and Gas Exploration and Production in a report issued on February 2. However, on the same day, Morgan Stanley maintained a Buy rating on Expand Energy (NASDAQ: EXE).

Based on Expand Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.97 billion and a net profit of $547 million. In comparison, last year the company earned a revenue of $646 million and had a GAAP net loss of $114 million