Today’s Stock: Expand Energy Corporation (EXE)Today’s Stock: Expand Energy Corporation (EXE)
An oil and natural gas company. It holds interests in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; the Marcellus and Utica Shales in Ohio and West Virginia; and the Haynesville and Bossier Shales in Louisiana. Used to be called Chesapeake Energy Corporation and changed its name to Expand Energy Corporation in October 2024.
My Thoughts 💭My Thoughts 💭
The name change had me confused. I was buying shares of Chesapeake back in April of 22 only to see the name has changed last year October! Since 90% of my focus is on bitcoin I am just finding out today about this name change.
I am up about 28% since buying some shares almost 3 years ago. If I consider the dividend payments it might be closer to 30%.
I am super bullish on natural gas and LNG thus I figured this would be a great stock to own over the next 10 to 20 years. If the growth numbers don’t materialize then the dividend payments will cushion the blow in the loss of purchasing power.
At 126.1k sats per share (@85,424), you’d receive a yearly dividend of 3,734 sats, which would take 33.6 years to recoup your initial investment. The company is expensive at a PE of 30 due to the growth potential.
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Bitcoin per shareBitcoin per share
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Ownership breakdownOwnership breakdown
LeadershipLeadership
This is a great business. They paid down a lot of their debt rebranded the name pays a decent dividend and has pretty good growth expectations at 20%. They have a ton of assets and natural gas is ready to provide America all the energy it needs to re industrialize. They have a board that is younger. The only negative is most of the stock is owned by institutions thus if they turn bearish on the stock(like TPL) the initial capital you put in can see some sizable losses.
I need to buy more shares of this company.