Why Expand Energy Corporation (EXE) is One of the Best Oil Stocks to Buy Right Now

Expand Energy Corporation (NASDAQ:EXE) is one of the best oil stocks to buy right now. Expand Energy Corporation (NASDAQ:EXE) received a rating update from Barclays on March 13. The firm lifted the price target on the stock to $127 from $125 and reiterated an Overweight rating on the shares. Piper Sandler also raised the price target on Expand Energy Corporation to $138 from $136 on March 12 and reiterated an Overweight rating on the shares, citing its increased price deck for the target revision.

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In a separate development, Expand Energy Corporation announced on March 3 that it has formed and strengthened partnerships with leading brands aimed at streamlining and enhancing its operations, with each partnership reflecting the benefits of the adoption of the latest technology. These partnerships include deploying Leucipa’s automated field production solution to improve operational efficiencies with partner Baker Hughes, adopting a leading data integration platform to unify and activate data for smarter operational decision-making with partner Snowflake, and bringing next-generation, low-emission electric pressure pumping technology to NE App with partner Evolution Well Services.

Expand Energy Corporation is involved in the production and development of oil, natural gas, and natural gas liquids. Its operations include Haynesville, Northeast Appalachia, and Southwest Appalachia.

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