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Sector: Natural gas

Geography: United States

COMM_EXE

Price chart

86.98 USDDay -0.55%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
86.98 USD · -0.55%
Market cap
20.8 bn USD

Growth

Δ revenue y/y
100.2%
Δ EBITDA y/y
406.1%

Multiples

P/E (LTM)
6.4x
3y avg: 11.0x
P/B (FY)
1.1x
P/E (ann.)
4.5x
EV/EBITDA (LTM)
3.3x
3y avg: 4.9x
EV/EBITDA (ann.)
2.6x

Cash return

Dividend yield
3.7%
FCF yield (LTM)
14.7%

Value creation

to fair market cap at the current EV/EBITDA
Upside (potential)

Liquidity

Daily turnover (listing)
557.6 mln USD

Shares: yahoo_fundamentals_timeseries/EXE

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 0 / Warn: 7 / Err: 6 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-03-31 Q1Errors 1Warn 1
2023-06-30 Q2Errors 1Warn 1
2023-09-30 Q3Warn 1
2023-12-31 FYErrors 1Warn 1
2024-03-31 Q1Errors 1Warn 3
2024-06-30 Q2Warn 2
2024-09-30 Q3Warn 1
2024-12-31 FYWarn 1
2025-03-31 Q1Errors 2Warn 1
2025-06-30 Q2Warn 1
2025-09-30 Q3Warn 1
2025-12-31 FYWarn 1
2026-03-31 Q1Errors 2Warn 3
All checks pass · Has warnings (review) · Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueB USDOperating profitB USDD&AB USDEBITDAB USDNet profitB USDOperating CFB USDCapex + M&AB USDAssetsB USDEquityB USDROE (annualized)Net debtB USDSource
2026-03-31Q1 2026 (3M)OK4.4
y/y 100.2%
1.5
y/y
0.7
y/y 0.0%
2.2
y/y 406.1%
1.2
y/y
2.4-0.729.5
y/y 5.7%
19.5
y/y 13.7%
24.3%2.8Link
2025-12-31Q4 2025 (3M)OK3.3
y/y 63.5%
0.7
y/y 293.0%
0.8
y/y 17.3%
1.5
y/y 476.2%
0.6
y/y 238.6%
1.0-0.728.3
y/y 1.4%
18.6
y/y 5.8%
9.9%4.4Link
2025-09-30Q3 2025 (3M)OK3.0
y/y 357.7%
0.7
y/y
0.7
y/y 121.2%
1.5
y/y 714.4%
0.5
y/y
1.2-0.827.6
y/y 106.1%
18.1
y/y 78.2%
4.0%4.5Link
2025-06-30Q2 2025 (3M)OK3.7
y/y 630.7%
1.3
y/y
0.8
y/y 121.0%
2.0
y/y 3674.1%
1.0
y/y
1.3-0.727.8
y/y 104.1%
17.9
y/y 73.0%
22.0%4.5Link
2025-03-31Q1 2025 (3M)OK2.2
y/y 103.1%
-0.3
y/y -937.5%
0.7
y/y 78.2%
0.4
y/y 2.8%
-0.2
y/y -1057.7%
1.1-0.627.9
y/y 99.3%
17.2
y/y 60.9%
-5.7%5.0Link
2024-12-31Q4 2024 (3M)OK2.0
y/y 2.7%
-0.4
y/y -153.2%
0.6
y/y 70.7%
0.3
y/y -76.4%
-0.4
y/y -170.1%
0.4-0.527.9
y/y 94.0%
17.6
y/y 63.7%
-5.1%5.4Link
2024-09-30Q3 2024 (3M)OK0.6
y/y -57.1%
-0.2
y/y -296.2%
0.3
y/y -12.3%
0.2
y/y -61.0%
-0.1
y/y -262.9%
0.4-0.313.4
y/y -6.0%
10.2
y/y -0.8%
-1.5%1.0Link
2024-06-30Q2 2024 (3M)OK0.5
y/y -73.3%
-0.3
y/y -156.9%
0.3
y/y -7.4%
0.1
y/y -94.0%
-0.2
y/y -158.1%
0.2-0.313.6
y/y -5.7%
10.4
y/y -0.3%
-8.6%1.1Link
2024-03-31Q1 2024 (3M)OK1.1
y/y -67.9%
0.0
y/y -98.2%
0.4
y/y 2.3%
0.4
y/y -80.5%
0.0
y/y -98.1%
0.6-0.414.0
y/y -3.9%
10.7
y/y 3.9%
1.0%0.9Link
2023-12-31Q4 2023 (3M)OK1.9
y/y
0.7
y/y
0.4
y/y
1.1
y/y
0.6
y/y
0.5-0.414.4
y/y
10.7
y/y
23.0%1.0Link
2023-09-30Q3 2023 (3M)OK1.5
y/y
0.1
y/y
0.4
y/y
0.5
y/y
0.1
y/y
0.5-0.414.2
y/y
10.3
y/y
0.9%1.4Link
2023-06-30Q2 2023 (3M)OK1.9
y/y
0.5
y/y
0.4
y/y
0.9
y/y
0.4
y/y
0.5-0.514.4
y/y
10.4
y/y
15.1%1.2Link
2023-03-31Q1 2023 (3M)OK3.4
y/y
1.8
y/y
0.4
y/y
2.2
y/y
1.4
y/y
0.9-0.514.6
y/y
10.3
y/y
2.0Link
Data quality No obvious scale, balance-sheet, or cash-flow sanity issues in the displayed periods.

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

01 0002 0003 0004 0002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Year-over-year change

-200%0%200%400%2023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Cash flow

FCF ($ mln)

-1 000-50005001 0001 5002 0002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Net debt / cash ($ mln)

02 0004 0006 0002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Key-commodity price — Henry Hub Gas

Current 3spot vs LTM -9%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: +64.3%

Main driver: Henry Hub Gas -11% vs LTM; revenue ×0.91 vs costs ×1.04; EBITDA 7 250→5 679; at 10.4× EV/EBITDA → +64%.

Product prices — moves vs the LTM average

CommodityShareSpotLTM3-yrvs LTM, $3y vs LTM
Henry Hub Gas (rev)+85%3.143.533.10-11%-12%
Propane (NGL) (rev)+12%0.730.690.77+5%+10%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue14 325
LTM EBITDA7 250
LTM cash costs (revenue − EBITDA)7 075
2 · Revenue projection
Revenue multiplier — spot×0.912 (-9%)
= Spot revenue13 068
Revenue multiplier — 3y price×0.908 (-9%)
= 3-year-price revenue13 006
3 · Costs projection
Cost multiplier — spot×1.040 (+4%)
= Spot cash costs7 358
Cost multiplier — 3y price×1.040 (+4%)
= 3-year-price cash costs7 358
4 · EBITDA projection (revenue − costs)
= Spot EBITDA5 710
= 3-year-price EBITDA5 648
Conservative EBITDA = min(spot, avg)5 679
5 · Valuation → target market cap
Historical EV/EBITDA (75th pct)10.4x
Target EV = EV/EBITDA × conservative EBITDA37 229
Net debt2 839
Target market cap = EV − net debt34 390
Current market cap20 925

Upside = target market cap ÷ current − 1 = +64.3%

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

PeriodAct. revModel revΔ revAct. EBITDAModel EBITDAΔ EBITDA
2023 Q21 8911 559+21.3%8938
2023 Q31 5121 862-18.8%461499-7.6%
2023 Q41 9482 303-15.4%1 1051 110-0.5%
2024 Q11 0811 812-40.3%431773-44.3%
2024 Q25051 507-66.5%54599-91.0%
2024 Q36481 153-43.8%180386-53.4%
2024 Q42 0011 271+57.5%261652-60.0%
2025 Q12 1961 611+36.3%443763-42.0%
2025 Q23 6901 625+127.1%2 038495+312.1%
2025 Q32 9662 066+43.6%1 466627+133.7%
2025 Q43 2723 127+4.6%1 5041 424+5.6%
2026 Q14 3972 831+55.3%2 2421 121+99.9%

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +186% vs -51% the year before — a +237.7 pp move. 3-year CAGR +1%.
revenue growth by year: 2023 -26% · 2024 -51% · 2025 +186%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 3.9x · target 75th pct (3y) 24.6x · LTM avg 10.4x

EV/EBITDA (LTM)EV/EBITDA (projected)target 75th pct (projected, 3y)

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-05-140.575 USDEx-dividend: 0.575 USD per sharePaidYahoo Finance (ex-div)
2026-03-050.575 USDEx-dividend: 0.575 USD per sharePaidYahoo Finance (ex-div)
2025-11-130.575 USDEx-dividend: 0.575 USD per sharePaidYahoo Finance (ex-div)
2025-08-141.465 USDEx-dividend: 1.465 USD per sharePaidYahoo Finance (ex-div)
2025-05-150.575 USDEx-dividend: 0.575 USD per sharePaidYahoo Finance (ex-div)
2025-03-110.575 USDEx-dividend: 0.575 USD per sharePaidYahoo Finance (ex-div)
2024-11-140.575 USDEx-dividend: 0.575 USD per sharePaidYahoo Finance (ex-div)
2024-08-150.575 USDEx-dividend: 0.575 USD per sharePaidYahoo Finance (ex-div)
2024-05-150.715 USDEx-dividend: 0.715 USD per sharePaidYahoo Finance (ex-div)
2024-03-060.575 USDEx-dividend: 0.575 USD per sharePaidYahoo Finance (ex-div)
2023-11-150.575 USDEx-dividend: 0.575 USD per sharePaidYahoo Finance (ex-div)
2023-08-160.575 USDEx-dividend: 0.575 USD per sharePaidYahoo Finance (ex-div)
2023-05-171.18 USDEx-dividend: 1.18 USD per sharePaidYahoo Finance (ex-div)
2023-03-061.29 USDEx-dividend: 1.29 USD per sharePaidYahoo Finance (ex-div)
2022-11-143.16 USDEx-dividend: 3.16 USD per sharePaidYahoo Finance (ex-div)
2022-08-162.32 USDEx-dividend: 2.32 USD per sharePaidYahoo Finance (ex-div)
2022-05-182.34 USDEx-dividend: 2.34 USD per sharePaidYahoo Finance (ex-div)
2022-03-041.768 USDEx-dividend: 1.768 USD per sharePaidYahoo Finance (ex-div)
2021-11-230.438 USDEx-dividend: 0.438 USD per sharePaidYahoo Finance (ex-div)
2021-08-230.344 USDEx-dividend: 0.344 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)