Expand Energy Valuation Multiples

Expand Energy Overview

About Expand Energy

Expand Energy is a North American natural gas producer in the Haynesville and Appalachian basins, formed by the combination of Chesapeake and Southwestern. Its largest operation by volume is the Haynesville basin in Louisiana, which is heavily exposed to nearby LNG production. Appalachia benefits from its proximity to population centers in the Northeast and mid-Atlantic regions.

Founded

1996

HQ

Employees

1.6K

Website

expandenergy.com

Sectors

Energy ProductionOil & Gas

Financials (LTM)

Revenue: $12B

EBITDA: $5B

EV

$31B

Valuation Multiples

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Expand Energy Financials

Expand Energy reported last 12-month revenue of $12B and EBITDA of $5B.

In the same LTM period, Expand Energy generated $5B in EBITDA and $2B in net income.

Expand Energy P&L

In the most recent fiscal year, Expand Energy reported revenue of $12B and EBITDA of $5B.

Expand Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX

Expand Energy Stock Performance

Expand Energy has current market cap of $26B, and enterprise value of $31B.

Expand Energy's stock price is $108.49.

Expand Energy Valuation Multiples

Expand Energy trades at 2.5x EV/Revenue multiple, and 5.8x EV/EBITDA.

Expand Energy Financial Valuation Multiples

As of March 14, 2026, Expand Energy has market cap of $26B and EV of $31B.

Equity research analysts estimate Expand Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Expand Energy has a P/E ratio of 13.8x.

Expand Energy Margins & Growth Rates

Expand Energy's revenue in the last 12 month grew by 2%.

Expand Energy's revenue per employee in the last FY averaged $7.6M.

Expand Energy's rule of 40 is 46% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Expand Energy's rule of X is 49% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Expand Energy Public Comps

See public comps and valuation multiples for other Energy Production and Oil & Gas comps.

Expand Energy M&A Activity

Expand Energy acquired XXX companies to date.

Last acquisition by Expand Energy was on XXXXXXXX, XXXXX. Expand Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Expand Energy Investment Activity

Expand Energy invested in XXX companies to date.

Expand Energy made its latest investment on XXXXXXXX, XXXXX. Expand Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).