Expand Energy (EXE) is a Top-Ranked Momentum Stock: Should You Buy?
In This Article:
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Is This 1 Momentum Stock a Screaming Buy Right Now?
Different than value or growth investors, momentum-oriented investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
Expand Energy (EXE)
Expand Energy Corporation is a leading U.S.-based natural gas producer formed through the merger of Chesapeake Energy Corporation and Southwestern Energy Company. The all-stock merger, completed on Oct. 1, 2024, positioned Expand Energy as the largest natural gas producer in the country, leveraging a vast asset base across the prolific Haynesville and Appalachian shale plays. The transaction resulted in a combined entity with more than 5,000 gross drilling locations and an extensive inventory expected to sustain development for over 15 years. The merger enhanced operational scale and efficiency, unlocking cost synergies and providing a strong platform to capitalize on growing natural gas demand, particularly from the liquefied natural gas (“LNG”) sector.
Advertisement: High Yield Savings Offers
EXE is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of B and VGM Score of A. Shares are up 0.8% over the past one week and up 9% over the past four weeks. EXE has gained 33.5% in the last one-year period as well. Looking at trading volume, an average of 2,584,456 shares exchanged hands over the last 20 trading days.
Momentum investors also pay close attention to a company's earnings. For EXE, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.09 to $7.68 per share for 2025. EXE boasts an average earnings surprise of 72.9%.
Investors should take the time to consider EXE for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report