15 Best Large Cap Energy Stocks to Buy According to Hedge Funds

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8. Expand Energy Corporation (NASDAQ:EXE)

No. of Hedge Funds Holders: 80

Formed in 2024 by the merger of Chesapeake Energy Corporation and Southwestern Energy Company, Expand Energy Corporation (NASDAQ:EXE) is the largest natural gas producer in America.

Expand Energy Corporation (NASDAQ:EXE) has hit some major milestones recently, including achieving an upgrade to investment grade by Moody’s and joining the prestigious S&P 500. The company announced its Q1 2025 results last month, beating forecasts in both earnings and revenue and eliminating its gross debt by approximately $440 million.

Moreover, it was reported on May 22, 2025, that the analysts at Bernstein SocGen Group have initiated coverage on Expand Energy Corporation (NASDAQ:EXE) with an Outperform rating and a price target of $150. The analyst remains bullish on natural gas and projects the mid-cycle Henry Hub price rising to $5/mcf, as a result of the critical role the fuel is expected to play in powering the ongoing AI boom. Moreover, thanks to its increased capacity in the crucial Haynesville region, Bernstein forecasts Expand’s production to reach 7.5 bcf/d by 2026, enabling the company to achieve $500 million in annual synergies by the end of next year.

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