Event-Driven Stocks

EXPAND ENERGY Corp

EXENasdaq

Energy · Crude Petroleum & Natural Gas · OK · SEC filings ↗ · Compare ⊕

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Signs6 good1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$12.12B$4.24B$8.72B$11.74B$260.0M$2.75B
Operating income$2.47B−$803.0M$3.14B$3.78B−$234.0M−$8.70B
Net income$1.82B−$714.0M$2.42B$4.94B$5.38B−$9.73B
Total assets$28.29B$27.89B$14.38B$15.47B$6.81B$6.58B
Total liabilities$9.71B$10.33B$3.65B$6.34B$3.23B$11.93B
Equity$18.58B$17.57B$10.73B$9.12B$5.67B−$5.34B
EPS (diluted)$7.57$-4.55$16.92$33.36$534.51$-998.26
Shares out.232.7M130.8M134.7M118.6M97.9M1.95B

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
20.4%
Net margin
15.0%
Return on equity
9.8%
Return on assets
6.4%
Return on capital (ROCE)
9.7%
Liabilities / assets
34.3%
Debt / equity
0.52×
Book value / share
$79.84
Revenue growth (YoY)
186.3%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
3.16safe
Accruals / assets
9.7%clean
Piotroski F-Score
8/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
93
/ 100
Profitability 100Growth 100Catalyst 67Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 severe6 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Insider transactions

SEC Form 4 · most recent
9 acquisitions3 disposals3 open-market buy(s)net +28,588 shares · last 12
InsiderDateTypeSharesPrice
Teunissen MarcelOfficer — EVP &amp; CFOMay 7, 2026Buy2,000$96.43
Teunissen MarcelOfficer — EVP &amp; CFOApr 6, 2026Grant5,144$0.00
Viets Joshua J.Officer — EVP &amp; COOMar 15, 2026Grant10,815$0.00
Lacy Christopher WOfficer — EVP - GENERAL COUNSELMar 15, 2026Grant5,693$0.00
Raiford BrittanyOfficer — VP, Interim CFO &amp; TreasurerMar 15, 2026Grant3,558$0.00
Turco Daniel FOfficer — EVP-MARKETING &amp; COMMERCIALMar 15, 2026Grant5,693$0.00
Larson Gregory M.Officer — VP-Accounting &amp; ControllerMar 15, 2026Grant2,372$0.00
Wichterich MichaelOfficer — Interim President and CEOMar 6, 2026Buy1,000$107.00
Lacy Christopher WOfficer — EVP - GENERAL COUNSELFeb 20, 2026Tax withholding7,462$108.06
Raiford BrittanyOfficer — VP, Interim CFO &amp; TreasurerFeb 20, 2026Tax withholding485$108.06
Gallagher MatthewDirectorFeb 19, 2026Buy1,000$100.66
Turco Daniel FOfficer — EVP-MARKETING &amp; COMMERCIALFeb 18, 2026Tax withholding740$99.52

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20266.0M2.5+6.7%
Apr 30, 20265.7M1.7-11.7%
Apr 15, 20266.4M1.9-13.3%
Mar 31, 20267.4M1.5+10.3%
Mar 13, 20266.7M2.1+11.9%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Corporate family

Spin-offs from EXPAND ENERGY Corp (1)

From the spin-off filings we track. Follow a company to walk its own history.

Event-driven situations (3)