What is the 13F Pro Quality Score for EXE?

13F Pro ranks EXPAND ENERGY Corp (EXE) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View EXE's current score at https://13fpro.ai/research/EXE (free sign-up required for the full ranking).

Which hedge funds own the most EXE stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of EXE include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/EXE as soon as new 13F filings post.

Where does 13F Pro source EXE data?

All EXPAND ENERGY Corp fundamentals and ownership data come directly from SEC EDGAR. EXPAND ENERGY Corp files with the SEC under CIK 895126. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is EXE in?

EXPAND ENERGY Corp (EXE) is classified in the Energy sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/energy.

What drives EXE's revenue?

Per EXPAND ENERGY Corp's latest 10-Q filed with the SEC on 2026-04-28, the biggest revenue drivers are: Natural gas, oil and NGL sales ($3.3B, +44% YoY); Marketing ($1.2B, +33% YoY); Losses on derivatives (($129M), -87% vs. prior year loss). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/EXE.

What are EXE's largest expenses?

EXPAND ENERGY Corp's latest 10-Q reports these as the largest expense items: Gathering, processing and transportation ($690M, +23% YoY); Depreciation, depletion and amortization ($711M, Flat YoY); Production expenses ($185M, +26% YoY). Sourced directly from SEC EDGAR filing text for Q1 2026 (quarter ended March 31, 2026).

How often is EXE research updated on 13F Pro?

EXE's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

EXPAND ENERGY Corp(EXE)Stock Analysis

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13F Pro Quality Score

83.9/100

Rank #14 of 2,879 stocksTOP 1%

View Energy peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

87.3/100

Profitability

86.3/100

Balance Sheet

83.2/100

Earnings Quality

60.3/100

Free Cash Flow

82.3/100

Institutional Flow

79.3/100

Revenue Scale

89.2/100

Dilution Risk

79.5/100

EXE Stock Analysis & AI Quality Score

AI stock analysis and institutional research for EXPAND ENERGY Corp (EXE), a Energy sector company. 13F Pro's AI-powered ranking engine scores EXE at 83.9/100 on a 32-signal composite quality model, placing it at rank #14 of 2,879 stocks — the top 1% of the AI-ranked universe. EXE scores in the top quartile across revenue scale (89.2), revenue growth (87.3), profitability (86.3). Based on the latest XBRL financial filings (Q1 2026), EXPAND ENERGY Corp reports quarterly revenue of $4.4B, net income of $1.2B, an operating margin of 34.8%. Top institutional holders of EXE by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. EXE trades on the Nasdaq exchange and files with the SEC under CIK 895126. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate EXE daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for EXPAND ENERGY Corp directly from SEC EDGAR. EXPAND ENERGY Corp's 13F Pro composite quality score has ranged between 8 and 84 since 2024, currently 83.9 — an improving long-term trajectory across 43 quarterly and live scoring snapshots.

✦

Fun facts about EXPAND ENERGY Corp

Quirks, history, and lore behind EXE — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. natural gas company · large-cap · listed on Nasdaq · headquartered in Oklahoma City.
2
The Numbers
One of the largest natural gas producers in the United States by volume, with production measured in the billions of cubic feet per day — enough to heat a small country.
3
The History
Born from the 2024 merger of two major Appalachian and mid-continent gas producers, it was rebranded under a new name that hints at ambition without giving much away.
4
The Secret
Its operations are heavily concentrated in the Appalachian Basin and the Haynesville Shale — two of America's premier natural gas powerhouses under one roof.
5
The Lore
The company was formed when Chesapeake Energy acquired Southwestern Energy and then rechristened itself entirely — shedding one of the most famous names in shale history.
6
The Giveaway
The successor to Chesapeake Energy — the legendary boom-and-bust gas giant — now trades under a ticker that literally says EXE and a name built to signal a fresh start.

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What's Driving EXE's Business? Latest 10-Q Breakdown

✓ 24/24 datapoints verified

AI-extracted from EXPAND ENERGY Corp's 10-Q filed 2026-04-28 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Expand Energy reported $4.4B in total revenues for Q1 2026, driven by $3.3B in natural gas, oil and NGL sales (+44% YoY) amid Winter Storm Fern pricing spike and higher production volumes.

Biggest Revenue Drivers

Total revenue: $4.4B+100% YoY

Natural gas, oil and NGL sales$3.3B+44% YoY

Higher average gas prices from Winter Storm Fern and increased volumes across all operating areas from new well production.

Marketing$1.2B+33% YoY

Increased marketed volumes, higher prices amid natural gas price volatility and optimization efforts.

Losses on derivatives($129M)-87% vs. prior year loss

Natural gas unrealized gains of $301M partially offset realized losses of $401M.

Largest Expense Items

Gathering, processing and transportation$690M+23% YoY

Increased volumes, annual fee escalations and NG3 pipeline going into service.

Depreciation, depletion and amortization$711MFlat YoY

Per-unit decrease due to lower depletion rates from higher reserve valuations.

Production expenses$185M+26% YoY

Increased salt water disposal and workover expenses in Haynesville from higher production activity.

Marketing expenses$1.1B+22% YoY

Increased marketed volumes and higher prices.

Margins: Gross margin expanded significantly with operating income of $1.5B vs. a loss of $268M in prior year, driven by higher commodity prices and volume growth. Net income of $1.2B reflected the strong operational performance, though partially offset by $129M in derivative losses.

Watch Items from the Filing

Commodity price volatility: Winter Storm Fern drove $807M of the $1.0B revenue increase; without such temporary weather events, underlying pricing and demand structures face pressures from mild weather domestically.
Derivative hedge effectiveness: $401M in realized natural gas derivative losses during Q1 show hedging costs; current positions provide floor on 65% of projected 2026 gas volumes but limit upside.
Debt redemptions post-quarter: $847M (6.75% notes) and $440M (5.875% notes) redeemed in April 2026 using cash, reducing debt burden but also liquidity from $2.2B cash on hand.
NG3 pipeline capital intensity: $18M in quarterly GP&T fees to Momentum joint venture; $301M equity investment carries fair value risk and ongoing ~900 MMcf/day commitment for 12 years.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q1 2026

$4.4B

Net Income

Q1 2026

$1.2B

Free Cash Flow

Q1 2026

$1.7B

Operating Margin

Q1 2026

34.8%

D/E Ratio

Q1 2026

0.30

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+3.2% YoY

$12.12BFY 2025

FY20 $5.24BFY21 —FY22 $11.74BFY25 $12.12B

Net Income

-63.1% YoY

$1.82BFY 2025

FY20 $-9.73BFY21 $6.33BFY22 $4.94BFY25 $1.82B

Operating Income

-34.6% YoY

$2.47BFY 2025

FY20 $-8.70BFY21 —FY22 $3.78BFY25 $2.47B

EPS (Diluted)

-77.3% YoY

$7.57FY 2025

FY20 $-998.26FY21 —FY22 $33.36FY25 $7.57

Total Assets

+82.9% YoY

$28.29BFY 2025

FY20 $6.58BFY21 $11.01BFY22 $15.47BFY25 $28.29B

Total Debt

+61.9% YoY

$5.01BFY 2025

FY20 $3.86BFY21 $2.28BFY22 $3.09BFY25 $5.01B

Op. Cash Flow

+10.9% YoY

$4.58BFY 2025

FY20 $1.16BFY21 —FY22 $4.13BFY25 $4.58B

Metric	FY 2025	FY 2022	FY 2021	FY 2020	FY 2019	FY 2017
Revenue	$12.12B +3.2%	$11.74B	—	$5.24B -38.6%	$8.53B -15.0%	$10.04B
Net Income	$1.82B -63.1%	$4.94B -22.0%	$6.33B +165.0%	$-9.73B -3060.4%	$-308.0M +39.0%	$-505.0M
Operating Income	$2.47B -34.6%	$3.78B	—	$-8.70B -27974.2%	$-31.0M +77.5%	$-138.0M
EPS (Diluted)	$7.57 -77.3%	$33.36	—	$-998.26 -1897.7%	$-49.97 -7038.6%	$-0.70
Total Assets	$28.29B +82.9%	$15.47B +40.5%	$11.01B +67.2%	$6.58B -59.3%	$16.19B +30.3%	$12.43B
Total Debt	$5.01B +61.9%	$3.09B +35.8%	$2.28B -41.0%	$3.86B -60.8%	$9.84B -1.8%	$10.03B
Operating Cash Flow	$4.58B +10.9%	$4.13B	—	$1.16B -28.3%	$1.62B +241.7%	$475.0M

AI Insight: EXE Financial Trends

EXE turned profitable in mid-2025 and sustained $1B+ quarterly net income through Q1 2026, while operating cash flow accelerated to $2.4B.

• Net income swung from -$399M loss in Q4 2024 to +$1,159M profit in Q1 2026; operating margin improved from -19.3% to +34.8%.

• Operating cash flow grew 11.5x from $209M in Q2 2024 to $2,402M in Q1 2026, demonstrating cash generation power.

• Revenue expanded 7.7x from $505M to $4,397M over eight quarters, though Q3 2025 dipped to $2,966M.

⚠ Total debt rose from $2,021M to $5,883M (Q1 2026); debt-to-equity ratio at 30.1% — monitor leverage amid capital intensity.

⚠ Revenue volatility remains—Q3 2025 to Q4 2025 recovered, but consistency critical to validate profitability sustainability.

AI Insight: EXE Ratio Trends

EXE swung from consecutive quarterly losses through Q1 2025 to sustained profitability and double-digit returns, with Q1 2026 posting 34.8% operating margin and 24.1% ROIC.

• Operating margin recovered from -12.2% in Q1 2025 to 34.8% in Q1 2026; NPM jumped from -11.3% to 26.4% in same period.

• ROIC surged from -4.8% (Q1 2025) through 22.0% (Q2 2025) to 24.1% (Q1 2026), signaling operational turnaround.

• Leverage remained stable; D/E ranged 0.27–0.30 across last four quarters, strengthening from 0.35 peak in Q4 2024.

⚠ Q1 2026 ROE/ROA (23.7%/15.7%) spike sharply above Q4 2025 (11.9%/7.8%); verify if seasonal benefit or sustainable.

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Available Research

13F Pro tracks comprehensive data for EXPAND ENERGY Corp including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of EXE

BlackRock, Inc.
$2.0B18,637,479 sh
VANGUARD CAPITAL MANAGEMENT LLC
$1.7B15,547,494 sh
STATE STREET CORP
$1.6B14,494,558 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$1.2B11,357,437 sh
Capital Research Global Investors
$746.4M6,798,764 sh
GEODE CAPITAL MANAGEMENT, LLC
$724.4M6,622,393 sh
Capital World Investors
$681.9M6,211,571 sh
OAKTREE CAPITAL MANAGEMENT LP
$575.0M5,237,477 sh
Invesco Ltd.
$540.0M4,918,926 sh
VICTORY CAPITAL MANAGEMENT INC
$522.6M4,760,749 sh

Fund	Value	Shares
BlackRock, Inc.	$2.0B	18,637,479
VANGUARD CAPITAL MANAGEMENT LLC	$1.7B	15,547,494
STATE STREET CORP	$1.6B	14,494,558
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.2B	11,357,437
Capital Research Global Investors	$746.4M	6,798,764
GEODE CAPITAL MANAGEMENT, LLC	$724.4M	6,622,393
Capital World Investors	$681.9M	6,211,571
OAKTREE CAPITAL MANAGEMENT LP	$575.0M	5,237,477
Invesco Ltd.	$540.0M	4,918,926
VICTORY CAPITAL MANAGEMENT INC	$522.6M	4,760,749

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Is EXE a good stock to buy?

13F Pro's AI-powered analysis of EXPAND ENERGY Corp (EXE) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for EXE are available on the EXE stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own EXE?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling EXE. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of EXPAND ENERGY Corp's investment landscape.