William Blair Starts Expand Energy (EXE) at Outperform

William Blair analyst Neal D initiates coverage on Expand Energy (NASDAQ: EXE) with a Outperform rating.

The analyst comments "Thesis. We believe Expand Energy has the portfolio, operations, and finances to quickly address incremental demand for liquified natural gas (LNG), data center power, and other natural gas uses, while reducing cash flow volatility. The Chesapeake Energy and Southwestern Energy merger resulted in a geographically diverse core gas portfolio with access to upcoming data centers and LNG trains and continued cost reductions and operational efficiencies."

For an analyst ratings summary and ratings history on Expand Energy click here. For more ratings news on Expand Energy click here.

Shares of Expand Energy closed at $102.68 yesterday.

You May Also Be Interested In

• 5.5 magnitude earthquake strikes Northern California - EMSC
• Lucid Capital Markets Starts Palmer Square Capital BDC (PSBD) at Neutral
• AmerX Starts Ideal Power (IPWR) at Hold