Expand Energy: 2026 Free Cash Flow Projected At $2 Billion With Weaker Natural Gas Prices (Rating Upgrade)
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Elephant AnalyticsInvesting Group LeaderFollow5ShareSavePlay(7min)CommentsSummaryNatural gas strip prices for 2026 have gone down around $0.75 since late November/early December.This reduces Expand's projected 2026 free cash flow by approximately $1 billion, although this reduction would have been around $1.5 billion without hedges.Expand is still projected to generate around $2 billion in 2026 free cash flow at $3.35 to $3.40 natural gas.Expand's shares now appear to have decent upside for a long-term $3.75 NYMEX natural gas scenario.Looking for more investing ideas like this one? Get them exclusively at Distressed Value Investing. Learn More » Galina Atroshchenko/iStock via Getty Images Expand Energy (EXE) is now projected to generate approximately $2 billion in 2026 free cash flow at current strip prices. This is down approximately $1 billion from my late November 2025 projectionsThis article was written byElephant Analytics11.76K FollowersFollowAaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Entertainment. He used his analytical and modeling skills to design the in-game economic models for two mobile apps with over 30 million in combined installs. He is the author of the investing group Distressed Value Investing, which focuses on both value opportunities and distressed plays, with a significant focus on the energy sector. Learn more>>Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in EXE over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.