11 Best American Energy Stocks to Buy Now

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7. Expand Energy Corporation (NASDAQ:EXE)

Number of Hedge Fund Holders: 71

Expand Energy Corporation (NASDAQ:EXE) was established in 2024 through the merger of Chesapeake Energy Corporation and Southwestern Energy Company. It is currently the largest independent natural gas producer in the US. Headquartered in Oklahoma City, the company has a significant presence in Houston and has operations in Louisiana, Pennsylvania, West Virginia, and Ohio. Expand Energy Corporation (NASDAQ:EXE) is one of the best American stocks to buy in the energy sector.

The company is making moves to increase production and capture synergies. In Q4 2024, Expand Energy Corporation (NASDAQ:EXE) operated an average of 12 rigs to drill 44 wells and brought 41 wells online. This helped the company achieve a daily production of about 6.41 billion cubic feet equivalent (Bcfe). 91% of this was natural gas. In 2025, Expand Energy Corporation (NASDAQ:EXE) aims to run 12 rigs and invest approximately $2.7 billion to increase production to about 7.1 Bcfe/d. The company plans to build incremental productive capacity by allocating an additional $300 million to run 15 rigs in the second half of 2025. Expand Energy Corporation (NASDAQ:EXE) aims to achieve a production rate of approximately 7.2 Bcfe/d by the end of 2025 and further grow to an average of 7.5 Bcfe/d in 2026. Additionally, the company increased its 2025 expected annual synergy target by $175 million to $400 million. Expand Energy Corporation (NASDAQ:EXE) plans to achieve the full $500 million in annual synergies by the end of 2026.

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