Expand Energy Corporation (EXE) - Net Assets
Based on the latest financial reports, Expand Energy Corporation (EXE) has net assets worth $18.58 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.29 Billion) and total liabilities ($9.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Expand Energy Corporation's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $18.58 Billion |
| % of Total Assets | 65.68% |
| Annual Growth Rate | 21.34% |
| 5-Year Change | 227.6% |
| 10-Year Change | N/A |
| Growth Volatility | 163.87 |
Expand Energy Corporation - Net Assets Trend (1992–2025)
This chart illustrates how Expand Energy Corporation's net assets have evolved over time, based on quarterly financial data. Also explore EXE total assets for the complete picture of this company's asset base.
Annual Net Assets for Expand Energy Corporation (1992–2025)
The table below shows the annual net assets of Expand Energy Corporation from 1992 to 2025. For live valuation and market cap data, see how much is Expand Energy Corporation worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $18.58 Billion | +5.77% |
| 2024-12-31 | $17.57 Billion | +63.72% |
| 2023-12-31 | $10.73 Billion | +17.59% |
| 2022-12-31 | $9.12 Billion | +60.89% |
| 2021-12-31 | $5.67 Billion | +206.18% |
| 2020-12-31 | $-5.34 Billion | -221.36% |
| 2019-12-31 | $4.40 Billion | +106.33% |
| 2018-12-31 | $2.13 Billion | +673.39% |
| 2017-12-31 | $-372.00 Million | +69.08% |
| 2016-12-31 | $-1.20 Billion | -150.19% |
| 2015-12-31 | $2.40 Billion | -86.83% |
| 2014-12-31 | $18.20 Billion | +0.36% |
| 2013-12-31 | $18.14 Billion | +1.36% |
| 2012-12-31 | $17.90 Billion | -0.36% |
| 2011-12-31 | $17.96 Billion | +17.67% |
| 2010-12-31 | $15.26 Billion | +23.69% |
| 2009-12-31 | $12.34 Billion | -24.27% |
| 2008-12-31 | $16.30 Billion | +34.35% |
| 2007-12-31 | $12.13 Billion | +7.81% |
| 2006-12-31 | $11.25 Billion | +82.23% |
| 2005-12-31 | $6.17 Billion | +95.21% |
| 2004-12-31 | $3.16 Billion | +82.53% |
| 2003-12-31 | $1.73 Billion | +90.86% |
| 2002-12-31 | $907.88 Million | +18.30% |
| 2001-12-31 | $767.41 Million | +145.00% |
| 2000-12-31 | $313.23 Million | 0.00% |
| 1999-12-31 | $313.23 Million | +226.01% |
| 1998-12-31 | $-248.57 Million | -151.35% |
| 1996-12-31 | $484.10 Million | +783.39% |
| 1995-12-31 | $54.80 Million | +46.92% |
| 1994-12-31 | $37.30 Million | +19.17% |
| 1993-12-31 | $31.30 Million | -0.32% |
| 1992-12-31 | $31.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Expand Energy Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 483130000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.83 Billion | 26.00% |
| Common Stock | $2.00 Million | 0.01% |
| Other Components | $13.75 Billion | 73.99% |
| Total Equity | $18.58 Billion | 100.00% |
Expand Energy Corporation Competitors by Market Cap
The table below lists competitors of Expand Energy Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NOVOZYMES A/S SPONS.ADR 1
F:NZM
|
$24.08 Billion |
|
Fidelity National Information Services Inc
NYSE:FIS
|
$24.10 Billion |
|
Equity Residential
NYSE:EQR
|
$24.11 Billion |
|
KeyCorp
NYSE:KEY
|
$24.11 Billion |
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
SA:AXIA3
|
$24.06 Billion |
|
Vodafone Group Plc
F:VODJ
|
$24.04 Billion |
|
Chaozhou Three-circle Group Co Ltd
SHE:300408
|
$24.03 Billion |
|
Fomento Económico Mexicano S.A.B. de C.V
MX:FEMSAUBD
|
$24.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Expand Energy Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,565,000,000 to 18,578,000,000, a change of 1,013,000,000 (5.8%).
- Net income of 1,819,000,000 contributed positively to equity growth.
- Dividend payments of 765,000,000 reduced retained earnings.
- Share repurchases of 100,000,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.82 Billion | +9.79% |
| Dividends Paid | $765.00 Million | -4.12% |
| Share Repurchases | $100.00 Million | -0.54% |
| Other Changes | $59.00 Million | +0.32% |
| Total Change | $- | 5.77% |
Book Value vs Market Value Analysis
This analysis compares Expand Energy Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.32x to 1.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $314.00 | $100.12 | x |
| 1993-12-31 | $0.63 | $100.12 | x |
| 1994-12-31 | $0.71 | $100.12 | x |
| 1995-12-31 | $1.52 | $100.12 | x |
| 1996-12-31 | $27.35 | $100.12 | x |
| 1998-12-31 | $-328.00 | $100.12 | x |
| 1999-12-31 | $613.95 | $100.12 | x |
| 2000-12-31 | $413.33 | $100.12 | x |
| 2001-12-31 | $882.17 | $100.12 | x |
| 2002-12-31 | $1051.30 | $100.12 | x |
| 2003-12-31 | $1340.32 | $100.12 | x |
| 2004-12-31 | $2069.15 | $100.12 | x |
| 2005-12-31 | $3367.66 | $100.12 | x |
| 2006-12-31 | $4906.85 | $100.12 | x |
| 2007-12-31 | $4981.52 | $100.12 | x |
| 2008-12-31 | $5980.55 | $100.12 | x |
| 2009-12-31 | $3739.87 | $100.12 | x |
| 2010-12-31 | $4324.08 | $100.12 | x |
| 2011-12-31 | $4421.28 | $100.12 | x |
| 2012-12-31 | $4842.61 | $100.12 | x |
| 2013-12-31 | $4898.93 | $100.12 | x |
| 2014-12-31 | $4379.02 | $100.12 | x |
| 2015-12-31 | $645.92 | $100.12 | x |
| 2016-12-31 | $-348.43 | $100.12 | x |
| 2017-12-31 | $-109.49 | $100.12 | x |
| 2018-12-31 | $460.29 | $100.12 | x |
| 2019-12-31 | $524.20 | $100.12 | x |
| 2020-12-31 | $-546.51 | $100.12 | x |
| 2021-12-31 | $48.09 | $100.12 | x |
| 2022-12-31 | $62.51 | $100.12 | x |
| 2023-12-31 | $75.04 | $100.12 | x |
| 2024-12-31 | $111.89 | $100.12 | x |
| 2025-12-31 | $77.29 | $100.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Expand Energy Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.62%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.52x
- Recent ROE (9.79%) is above the historical average (-5.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | -1.27% | -2.34% | 0.22x | 2.48x | $-3.54 Million |
| 1993 | 12.48% | 13.54% | 0.23x | 4.02x | $775.00K |
| 1994 | 31.26% | 17.72% | 0.39x | 4.53x | $7.93 Million |
| 1995 | 42.62% | 16.04% | 0.45x | 5.90x | $17.88 Million |
| 1996 | -37.88% | -68.15% | 0.31x | 1.78x | $-231.81 Million |
| 1998 | 0.00% | 72.55% | 0.77x | 0.00x | $480.43 Million |
| 1999 | 10.62% | 9.37% | 0.25x | 4.60x | $1.94 Million |
| 2000 | 145.44% | 72.55% | 0.44x | 4.60x | $424.25 Million |
| 2001 | 28.33% | 22.43% | 0.42x | 2.98x | $140.67 Million |
| 2002 | 4.44% | 5.46% | 0.26x | 3.17x | $-50.50 Million |
| 2003 | 18.06% | 18.22% | 0.38x | 2.64x | $139.70 Million |
| 2004 | 16.29% | 19.01% | 0.33x | 2.61x | $198.87 Million |
| 2005 | 15.35% | 20.32% | 0.29x | 2.61x | $330.57 Million |
| 2006 | 17.80% | 27.34% | 0.30x | 2.17x | $877.85 Million |
| 2007 | 11.96% | 18.60% | 0.25x | 2.53x | $238.00 Million |
| 2008 | 3.71% | 5.19% | 0.30x | 2.36x | $-1.03 Billion |
| 2009 | -50.94% | -75.69% | 0.26x | 2.61x | $-6.97 Billion |
| 2010 | 11.62% | 18.94% | 0.25x | 2.44x | $247.60 Million |
| 2011 | 10.48% | 14.97% | 0.28x | 2.52x | $79.60 Million |
| 2012 | -4.94% | -6.24% | 0.30x | 2.67x | $-2.33 Billion |
| 2013 | 4.53% | 3.79% | 0.46x | 2.61x | $-875.50 Million |
| 2014 | 11.34% | 8.29% | 0.57x | 2.41x | $226.70 Million |
| 2015 | -681.34% | -114.13% | 0.74x | 8.10x | $-14.78 Billion |
| 2016 | 0.00% | -55.77% | 0.60x | 0.00x | $-4.26 Billion |
| 2017 | 0.00% | -5.32% | 0.76x | 0.00x | $-455.40 Million |
| 2018 | 10.80% | 2.21% | 0.80x | 6.09x | $16.80 Million |
| 2019 | -7.06% | -3.63% | 0.52x | 3.71x | $-744.40 Million |
| 2020 | 0.00% | -186.83% | 0.79x | 0.00x | $-9.20 Billion |
| 2021 | 111.59% | 86.67% | 0.66x | 1.94x | $5.76 Billion |
| 2022 | 54.10% | 43.14% | 0.74x | 1.70x | $4.02 Billion |
| 2023 | 22.55% | 31.11% | 0.54x | 1.34x | $1.35 Billion |
| 2024 | -4.06% | -16.92% | 0.15x | 1.59x | $-2.47 Billion |
| 2025 | 9.79% | 15.62% | 0.41x | 1.52x | $-38.80 Million |
Industry Comparison
This section compares Expand Energy Corporation's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,523,788,582
- Average return on equity (ROE) among peers: -0.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Expand Energy Corporation (EXE) | $18.58 Billion | -1.27% | 0.52x | $24.07 Billion |
| Amplify Energy Corp (AMPY) | $-1.33 Billion | 0.00% | 0.00x | $225.45 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $-14.85 Million | 0.00% | 0.00x | $105.31 Million |
| APA Corporation (APA) | $125.80 Million | -64.31% | 3.01x | $9.63 Billion |
| Antero Resources Corp (AR) | $8.49 Billion | -4.68% | 0.83x | $10.72 Billion |
| Battalion Oil Corp (BATL) | $1.77 Billion | 17.83% | 2.63x | $41.80 Million |
| BKV Corporation (BKV) | $985.14 Million | -4.40% | 0.36x | $3.02 Billion |
| Barnwell Industries Inc (BRN) | $20.47 Million | 11.34% | 1.56x | $11.33 Million |
| Berry Petroleum Corp (BRY) | $172.06 Million | 17.45% | 0.50x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $1.10 Billion | 19.54% | 0.41x | $2.98 Billion |
| Chord Energy Corp (CHRD) | $3.92 Billion | -0.90% | 0.99x | $5.96 Billion |
About Expand Energy Corporation
Expand Energy Corporation operates as an independent natural gas production company in the United States. The company engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids. 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 H… Read more