Is Expand Energy (EXE) Halal?

NYSE Energy United States $27.3B
✓ HALAL
Confidence: 95/100
Expand Energy (EXE) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 19.7% against the AAOIFI threshold of 30%, Expand Energy comfortably passes the key financial ratio tests. The company operates in the Energy sector (Oil & Gas E&P), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 19.7%
/ 30%
2.4%
/ 30%
6.2%
/ 30%
2.08%
/ 5%
✓ HALAL
DJIM 19.7%
/ 33%
2.4%
/ 33%
6.2%
/ 33%
2.08%
/ 5%
✓ HALAL
MSCI 17.9%
/ 33%
2.2%
/ 33%
5.7%
/ 33%
2.08%
/ 5%
✓ HALAL
S&P 19.7%
/ 33%
2.4%
/ 33%
6.2%
/ 33%
2.08%
/ 5%
✓ HALAL
FTSE 17.9%
/ 33%
2.2%
/ 33%
5.7%
/ 50%
2.08%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
15.0
Forward: 12.3
EPS
$7.57
Dividend Yield
281.0%
Payout: 42.1%
P/B Ratio
1.5
EV/EBITDA
5.7
EV: $31.8B
Revenue
$12.2B
Growth: 38.3%
Beta
0.5
Low volatility
Current Ratio
1.0

Profitability

Gross Margin 45.3%
Operating Margin 27.5%
Net Margin 15.6%
Return on Equity (ROE) 10.1%
Return on Assets (ROA) 5.9%

Cash Flow & Balance Sheet

Operating Cash Flow$4.6B
Free Cash Flow$1.6B
Total Debt$5.1B
Debt-to-Equity27.5
Current Ratio1.0
Total Assets$28.3B

Price & Trading

Last Close$111.05
50-Day MA$107.00
200-Day MA$106.77
Avg Volume3.8M
Beta0.5
52-Week Range
$91.02
$126.62

About Expand Energy (EXE)

CEO
Mr. Michael A. Wichterich
Employees
1,600
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
Exchange
NYSE
Market Cap
$27.3B
Currency
USD

Expand Energy Corporation operates as an independent natural gas production company in the United States. The company engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids. It holds interests in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; the Marcellus and Utica Shales in Ohio and West Virginia; and the Haynesville and Bossier Shales in Louisiana and Texas. Expand Energy Corporation was formerly known as Chesapeake Energy Corporation and changed its name to Expand Energy Corporation in October 2024. The company was founded in 1989 and is based in Oklahoma City, Oklahoma.

Purification Calculator

As a halal stock with 2.08% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

Related Halal Stocks in Energy

Frequently Asked Questions

Is Expand Energy (EXE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Expand Energy is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Expand Energy's debt ratio?

Expand Energy's debt ratio is 19.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 17.9%.

Does Expand Energy require dividend purification?

Yes, Expand Energy has an impermissible income ratio of 2.08%, which means 2.08% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Expand Energy's key financial metrics?

Expand Energy has a market capitalization of $27.3B, trailing P/E ratio of 15.0, and revenue of $12.2B. The company maintains a gross margin of 45.3% and a net margin of 15.6%. Return on equity stands at 10.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.