
Expand Energy's Strength Amid Market Dips
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Expand Energys resilience shines as it maintains a steady $109.39 over the past six months, despite the S&P 500s 5.5% drop. Post-bankruptcy rebrand, it extracts natural gas, oil, and liquids from shale in key regions. Impressive revenue of $11.64 billion last year and a 23.6% increase in adjusted EBITDA margin to 46.8% highlight its efficiency and cash flow strength. Trading at 12x forward earnings, its a potential smart play amid market fluctuations.
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