Coterra Energy Inc

Expand Energy Corporation shares have fallen 27.5% over the past year, sharply underperforming the State Street Energy Select Sector SPDR ETF, which gained 21.5% in the same period. The stock, with a market capitalization of roughly $21.2 billion, is down 30.2% from its 52-week high of $126.62 reached last December and has declined 17.6% over the past three months, compared with an 8.9% drop for the XLE. Weakness in natural gas prices and oversupply concerns have weighed on the largest independent U.S. natural gas producer, while peer Coterra Energy Inc. posted a 42% gain over the past year. Despite the underperformance, 26 analysts maintain a consensus Strong Buy rating with an average price target of $132.56, implying a potential upside of about 49.9% from current levels.