From Yahoo Finance: 2025-05-23 02:59:00

Bernstein has initiated coverage of Expand Energy Corporation (EXE), the largest natural gas producer in America formed by the merger of Chesapeake Energy Corporation and Southwestern Energy Company in 2024. Analysts are bullish on natural gas, with a price target of $150 and production expected to reach 7.5 bcf/d by 2026.

Expand Energy Corporation (EXE) has recently achieved milestones such as joining the S&P 500 and receiving an investment grade upgrade by Moody’s. The company had a production rate of 6.79 bcfe/d in Q1 2025, with plans to invest $2.7 billion to increase rig count to 15 by the end of 2025, aiming for significant growth.

While EXE shows growth potential, Bernstein believes AI stocks offer higher returns in a shorter timeframe. They recommend exploring a promising AI stock trading at less than 5 times earnings for potential gains. For more information on this AI stock, check out their report on the cheapest AI stock poised for massive gains.

Read more: Bernstein Initiates Coverage of Expand Energy (EXE)