How many subsidiaries does EXPAND ENERGY Corp file with the SEC?

5, listed in its most recent exhibit 21. They are incorporated across 2 jurisdictions (Oklahoma, Texas). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is EXPAND ENERGY Corp financially healthy?

EXPAND ENERGY Corp scores 7 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the grey zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of EXPAND ENERGY Corp?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

EXPAND ENERGY Corp (EXE)

Nasdaq · Common Stock · Crude Petroleum & Natural Gas

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

American energy company

Corporate structure

5 entities across 2 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-02-18 — see the exhibit.

Which other public companies file entities in the same places:

Oklahoma4 Texas1

Subsidiaries of EXPAND ENERGY Corp as disclosed in its SEC filing
Entity	Jurisdiction	Note
Expand Operating LLC	Oklahoma
Expand Exploration LLC	Oklahoma
Expand Appalachia LLC	Oklahoma
Expand Gulf Coast LLC	Oklahoma
Expand Energy Marketing LLC	Texas

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

7 / 8

PASSReturn on assets positiveROA 6.4%
PASSOperating cash flow positiveOCF 4.6B
PASSReturn on assets improving-2.6% → 6.4%
PASSCash flow exceeds earningsOCF 4.6B vs NI 1.8B
PASSLong-term debt ratio falling19.0% → 17.7% of assets
PASSCurrent ratio improving0.64 → 1.01
FAILNo share dilution157M → 240M shares
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving0.15× → 0.43×

Altman Z-score

2.26grey

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2021	—	—	—	—	—
FY2021	—	—	—	—	—
FY2022	$11.7B	$4.9B	$2.3B	—	145,961,000
FY2023	$8.7B	$2.4B	$551.0M	—	142,976,000
FY2024	$4.2B	−$714.0M	$8.0M	—	156,989,000
FY2025	$12.1B

Ownership flow

15 institutions tracked — 5 added, 9 reduced, 1 opened a new position. Index money added 2,095,419 shares while active managers cut 3,593,745.

Institutional holders of EXPAND ENERGY Corp and their share-count change
Manager	Kind	Shares	Change	Value
Capital World Investors	Active fund	3,291,597	−2,919,974	$300.2M
Point72 Asset Management, L.P.	Hedge fund	135,100	−1,598,702	$12.3M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	5,384,978	+1,530,775	$491.1M
STATE STREET CORP	Index	15,619,193

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Shares repurchased

2026Q1: $66.0M
2025Q1: $0
2024Q1: $0
2023Q1: $54.0M
2022Q1: $83.0M

Identity

CIK: 0000895126
FIGI: BBG00Z6DX554
SIC: 1311 · Crude Petroleum & Natural Gas
Incorporated: OK
Headquarters: SPRING, TX
Founded: 1989-00-00

Ownership

Institutional: 96.5%
Institutions: 1,183
Insiders: 0.4%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Questions about EXPAND ENERGY Corp

How many subsidiaries does EXPAND ENERGY Corp file with the SEC?: 5, listed in its most recent exhibit 21. They are incorporated across 2 jurisdictions (Oklahoma, Texas). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is EXPAND ENERGY Corp financially healthy?: EXPAND ENERGY Corp scores 7 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the grey zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of EXPAND ENERGY Corp?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

Download the terminal See pricing

Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.