EXEExpand Energy

$96.54

Is it safe?

Can EXE take a bad year?

Expand Energy carries $2.79B of net debt at 0.39× EBITDA: a load its earnings can carry.

$2.79B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.39×

Net debt / EBITDA · 5.22× a year ago · the load is coming down

Altman Z-score
2.27

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
18.2×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ1 2026
$5.01B
Cash and short-term investments
$2.22B
Net debt
$2.79B
EBITDA, trailing twelve months
$7.25B
Operating profit, trailing twelve months
$4.27B
Debt / equity
0.26×
Total debt / EBITDA
0.69×
Annualised volatilitytwo years of daily moves
31%
Worst drawdown on file
−30%
Below its 52-week high
−21%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.