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Stock impact report

Jim Cramer Says He Likes Cheniere More Than Expand Energy Corporation (EXE) [Yahoo! Finance]

Expand Energy Corporation (EXE) 
Company Research Source: Yahoo! Finance
the end of the lightning round, when a caller sought Cramer's opinion of the stock, he said: It's okay. I mean, I think you mentioned Cheniere. I like Cheniere more than EXE. But you know what? Look, the industry's hot, and I do like the natural gas story very much, LNG in particular, though. Photo by Adam Nowakowski on Unsplash Expand Energy Corporation (NASDAQ:EXE) focuses on acquiring, exploring, and developing oil and natural gas properties. It has operations in some well-known shale formations, including Marcellus, Utica, Haynesville, and Bossier. On March 27, The Fly reported that Morgan Stanley raised its price target for the company's stock to $141 from $136 and maintained an Outperform rating. The firm noted that the revision follows a period where oil, LNG, and refining margins reached their highest levels since 2022 and that even with the recent de-escalation in Iran, these markets are unlikely to return to their previous pricing levels in the near term. The firm's Show less Read more
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