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Stock Comparison

EXE vs AR

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
EXE
Expand Energy Corporation

Oil & Gas Exploration & Production

EnergyNASDAQ • US
Market Cap$23.42B
5Y Perf.+120.5%
AR
Antero Resources Corporation

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$11.27B
5Y Perf.+304.1%

EXE vs AR — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
EXE logoEXE
AR logoAR
IndustryOil & Gas Exploration & ProductionOil & Gas Exploration & Production
Market Cap$23.42B$11.27B
Revenue (TTM)$14.10B$5.48B
Net Income (TTM)$3.23B$962M
Gross Margin53.4%26.0%
Operating Margin29.0%20.9%
Forward P/E10.9x8.3x
Total Debt$5.06B$5.14B
Cash & Equiv.$696M$210M

EXE vs ARLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

EXE
AR
StockFeb 21May 26Return
Expand Energy Corpo… (EXE)100220.5+120.5%
Antero Resources Co… (AR)100404.1+304.1%

Price return only. Dividends and distributions are not included.

Quick Verdict: EXE vs AR

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: EXE leads in 5 of 7 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. Antero Resources Corporation is the stronger pick specifically for valuation and capital efficiency and recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
EXE
Expand Energy Corporation
The Income Pick

EXE carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • Dividend streak 1 yrs, beta 0.14, yield 3.3%
  • Rev growth 176.0%, EPS growth 266.4%, 3Y rev CAGR 0.6%
  • 174.3% 10Y total return vs AR's 44.8%
Best for: income & stability and growth exposure
AR
Antero Resources Corporation
The Value Play

AR is the clearest fit if your priority is value and momentum.

  • Lower P/E (8.3x vs 10.9x)
  • -0.9% vs EXE's -8.8%
Best for: value and momentum
See the full category breakdown
CategoryWinnerWhy
GrowthEXE logoEXE176.0% revenue growth vs AR's 21.7%
ValueAR logoARLower P/E (8.3x vs 10.9x)
Quality / MarginsEXE logoEXE22.9% margin vs AR's 17.5%
Stability / SafetyEXE logoEXEBeta 0.14 vs AR's 0.24, lower leverage
DividendsEXE logoEXE3.3% yield; 1-year raise streak; the other pay no meaningful dividend
Momentum (1Y)AR logoAR-0.9% vs EXE's -8.8%
Efficiency (ROA)EXE logoEXE11.4% ROA vs AR's 7.0%, ROIC 6.6% vs 5.2%

EXE vs AR — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

EXEExpand Energy Corporation
FY 2025
Oil and Gas
42.1%$8.5B
Natural Gas Sales
37.0%$7.4B
Natural Gas, Gathering, Transportation, Marketing and Processing
15.7%$3.2B
Natural Gas Liquids Sales
3.6%$724M
Oil Sales
1.6%$319M
ARAntero Resources Corporation
FY 2025
Natural Gas, Production
55.9%$2.9B
Natural Gas Liquids Sales
38.7%$2.0B
Oil and Condensate
2.9%$150M
Marketings
2.5%$126M

EXE vs AR — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLEXELAGGINGAR

Income & Cash Flow (Last 12 Months)

EXE leads this category, winning 6 of 6 comparable metrics.

EXE is the larger business by revenue, generating $14.1B annually — 2.6x AR's $5.5B. EXE is the more profitable business, keeping 22.9% of every revenue dollar as net income compared to AR's 17.5%. On growth, EXE holds the edge at +100.2% YoY revenue growth, suggesting stronger near-term business momentum.

MetricEXE logoEXEExpand Energy Cor…AR logoARAntero Resources …
RevenueTrailing 12 months$14.1B$5.5B
EBITDAEarnings before interest/tax$7.1B$1.9B
Net IncomeAfter-tax profit$3.2B$962M
Free Cash FlowCash after capex$2.9B-$1.0B
Gross MarginGross profit ÷ Revenue+53.4%+26.0%
Operating MarginEBIT ÷ Revenue+29.0%+20.9%
Net MarginNet income ÷ Revenue+22.9%+17.5%
FCF MarginFCF ÷ Revenue+20.3%-18.6%
Rev. Growth (YoY)Latest quarter vs prior year+100.2%+33.8%
EPS Growth (YoY)Latest quarter vs prior year+5.5%+160.6%
EXE leads this category, winning 6 of 6 comparable metrics.

Valuation Metrics

EXE leads this category, winning 4 of 6 comparable metrics.

At 12.9x trailing earnings, EXE trades at a 28% valuation discount to AR's 17.9x P/E. On an enterprise value basis, EXE's 5.5x EV/EBITDA is more attractive than AR's 10.2x.

MetricEXE logoEXEExpand Energy Cor…AR logoARAntero Resources …
Market CapShares × price$23.4B$11.3B
Enterprise ValueMkt cap + debt − cash$27.8B$16.2B
Trailing P/EPrice ÷ TTM EPS12.87x17.92x
Forward P/EPrice ÷ next-FY EPS est.10.86x8.28x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple5.54x10.23x
Price / SalesMarket cap ÷ Revenue2.01x2.25x
Price / BookPrice ÷ Book value/share1.26x1.47x
Price / FCFMarket cap ÷ FCF12.73x9.06x
EXE leads this category, winning 4 of 6 comparable metrics.

Profitability & Efficiency

EXE leads this category, winning 8 of 8 comparable metrics.

EXE delivers a 17.4% return on equity — every $100 of shareholder capital generates $17 in annual profit, vs $12 for AR. EXE carries lower financial leverage with a 0.27x debt-to-equity ratio, signaling a more conservative balance sheet compared to AR's 0.67x.

MetricEXE logoEXEExpand Energy Cor…AR logoARAntero Resources …
ROE (TTM)Return on equity+17.4%+12.4%
ROA (TTM)Return on assets+11.4%+7.0%
ROICReturn on invested capital+6.6%+5.2%
ROCEReturn on capital employed+8.1%+6.8%
Piotroski ScoreFundamental quality 0–988
Debt / EquityFinancial leverage0.27x0.67x
Net DebtTotal debt minus cash$4.4B$4.9B
Cash & Equiv.Liquid assets$696M$210M
Total DebtShort + long-term debt$5.1B$5.1B
Interest CoverageEBIT ÷ Interest expense17.53x14.47x
EXE leads this category, winning 8 of 8 comparable metrics.

Total Returns (Dividends Reinvested)

AR leads this category, winning 5 of 6 comparable metrics.

A $10,000 investment in AR five years ago would be worth $33,645 today (with dividends reinvested), compared to $23,873 for EXE. Over the past 12 months, AR leads with a -0.9% total return vs EXE's -8.8%. The 3-year compound annual growth rate (CAGR) favors AR at 20.3% vs EXE's 10.4% — a key indicator of consistent wealth creation.

MetricEXE logoEXEExpand Energy Cor…AR logoARAntero Resources …
YTD ReturnYear-to-date-10.7%+6.3%
1-Year ReturnPast 12 months-8.8%-0.9%
3-Year ReturnCumulative with dividends+34.6%+73.9%
5-Year ReturnCumulative with dividends+138.7%+236.4%
10-Year ReturnCumulative with dividends+174.3%+44.8%
CAGR (3Y)Annualised 3-year return+10.4%+20.3%
AR leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

Evenly matched — EXE and AR each lead in 1 of 2 comparable metrics.

EXE is the less volatile stock with a 0.14 beta — it tends to amplify market swings less than AR's 0.24 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.

MetricEXE logoEXEExpand Energy Cor…AR logoARAntero Resources …
Beta (5Y)Sensitivity to S&P 5000.14x0.24x
52-Week HighHighest price in past year$126.62$45.75
52-Week LowLowest price in past year$91.02$29.10
% of 52W HighCurrent price vs 52-week peak+76.9%+79.5%
RSI (14)Momentum oscillator 0–10041.740.2
Avg Volume (50D)Average daily shares traded3.6M5.7M
Evenly matched — EXE and AR each lead in 1 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates EXE as "Buy" and AR as "Buy". Consensus price targets imply 40.3% upside for EXE (target: $137) vs 34.4% for AR (target: $49). EXE is the only dividend payer here at 3.27% yield — a key consideration for income-focused portfolios.

MetricEXE logoEXEExpand Energy Cor…AR logoARAntero Resources …
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$136.70$48.89
# AnalystsCovering analysts2050
Dividend YieldAnnual dividend ÷ price+3.3%
Dividend StreakConsecutive years of raises11
Dividend / ShareAnnual DPS$3.18
Buyback YieldShare repurchases ÷ mkt cap+0.4%+1.2%
Insufficient data to determine a leader in this category.
Key Takeaway

EXE leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). AR leads in 1 (Total Returns). 1 tied.

Best OverallExpand Energy Corporation (EXE)Leads 3 of 6 categories
Loading custom metrics...

EXE vs AR: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is EXE or AR a better buy right now?

For growth investors, Expand Energy Corporation (EXE) is the stronger pick with 176.

0% revenue growth year-over-year, versus 21. 7% for Antero Resources Corporation (AR). Expand Energy Corporation (EXE) offers the better valuation at 12. 9x trailing P/E (10. 9x forward), making it the more compelling value choice. Analysts rate Expand Energy Corporation (EXE) a "Buy" — based on 20 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — EXE or AR?

On trailing P/E, Expand Energy Corporation (EXE) is the cheapest at 12.

9x versus Antero Resources Corporation at 17. 9x. On forward P/E, Antero Resources Corporation is actually cheaper at 8. 3x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — EXE or AR?

Over the past 5 years, Antero Resources Corporation (AR) delivered a total return of +236.

4%, compared to +138. 7% for Expand Energy Corporation (EXE). Over 10 years, the gap is even starker: EXE returned +174. 3% versus AR's +44. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — EXE or AR?

By beta (market sensitivity over 5 years), Expand Energy Corporation (EXE) is the lower-risk stock at 0.

14β versus Antero Resources Corporation's 0. 24β — meaning AR is approximately 76% more volatile than EXE relative to the S&P 500. On balance sheet safety, Expand Energy Corporation (EXE) carries a lower debt/equity ratio of 27% versus 67% for Antero Resources Corporation — giving it more financial flexibility in a downturn.

05

Which is growing faster — EXE or AR?

By revenue growth (latest reported year), Expand Energy Corporation (EXE) is pulling ahead at 176.

0% versus 21. 7% for Antero Resources Corporation (AR). On earnings-per-share growth, the picture is similar: Antero Resources Corporation grew EPS 1028% year-over-year, compared to 266. 4% for Expand Energy Corporation. Over a 3-year CAGR, EXE leads at 0. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — EXE or AR?

Expand Energy Corporation (EXE) is the more profitable company, earning 15.

6% net margin versus 12. 7% for Antero Resources Corporation — meaning it keeps 15. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EXE leads at 17. 5% versus 16. 5% for AR. At the gross margin level — before operating expenses — EXE leads at 46. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is EXE or AR more undervalued right now?

On forward earnings alone, Antero Resources Corporation (AR) trades at 8.

3x forward P/E versus 10. 9x for Expand Energy Corporation — 2. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for EXE: 40. 3% to $136. 70.

08

Which pays a better dividend — EXE or AR?

In this comparison, EXE (3.

3% yield) pays a dividend. AR does not pay a meaningful dividend and should not be held primarily for income.

09

Is EXE or AR better for a retirement portfolio?

For long-horizon retirement investors, Expand Energy Corporation (EXE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

14), 3. 3% yield, +174. 3% 10Y return). Both have compounded well over 10 years (EXE: +174. 3%, AR: +44. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between EXE and AR?

Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

EXE pays a dividend while AR does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

EXE

High-Growth Quality Leader

  • Sector: Energy
  • Market Cap > $100B
  • Revenue Growth > 50%
  • Net Margin > 13%
Run This Screen
Stocks Like

AR

High-Growth Compounder

  • Sector: Energy
  • Market Cap > $100B
  • Revenue Growth > 16%
  • Net Margin > 10%
Run This Screen
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Beat Both

Find stocks that outperform EXE and AR on the metrics below

Revenue Growth>
%
(EXE: 100.2% · AR: 33.8%)
Net Margin>
%
(EXE: 22.9% · AR: 17.5%)
P/E Ratio<
x
(EXE: 12.9x · AR: 17.9x)

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