How Jim Cramer Advises Navigating the Macro Slide and His Take on 12 Stocks

10. Expand Energy Corporation (NASDAQ:EXE)

Expand Energy Corporation (NASDAQ:EXE) was featured on Mad Money as Jim Cramer shared his take on the stock amid a sliding macro environment. Toward the end of the lightning round, when a caller sought Cramer’s opinion of the stock, he said:

It’s okay. I mean, I think you mentioned Cheniere. I like Cheniere more than EXE. But you know what? Look, the industry’s hot, and I do like the natural gas story very much, LNG in particular, though.

Expand Energy Corporation (NASDAQ:EXE) focuses on acquiring, exploring, and developing oil and natural gas properties. It has operations in some well-known shale formations, including Marcellus, Utica, Haynesville, and Bossier. On March 27, The Fly reported that Morgan Stanley raised its price target for the company’s stock to $141 from $136 and maintained an Outperform rating.

The firm noted that the revision follows a period where oil, LNG, and refining margins reached their highest levels since 2022 and that even with the recent de-escalation in Iran, these markets are unlikely to return to their previous pricing levels in the near term. The firm’s updated 2026 outlook projects a 44% increase in the WTI benchmark and a 40% rise in EBITDA estimates across its North American energy coverage for 2026, with 23% in 2027.