vs
Expand Energy（EXE）与西方石油（OXY）财务数据对比。点击上方公司名可切换其他公司
Expand Energy的季度营收约是西方石油的2.0倍（$3.3B vs $1.7B），Expand Energy净利率更高（16.9% vs 6.9%，领先10.0%），Expand Energy同比增速更快（63.5% vs -75.8%），西方石油自由现金流更多（$1.9B vs $215.0M），过去两年Expand Energy的营收复合增速更高（29.6% vs -50.4%）
Expand Energy是按净日产量统计的美国最大独立天然气生产商，总部位于俄克拉荷马城，运营范围覆盖宾夕法尼亚州、西弗吉尼亚州境内马塞勒斯地层的阿巴拉契亚盆地，以及路易斯安那州西北部的海恩斯维尔页岩区块。
西方石油是一家美国能源企业，核心业务覆盖美国及中东地区的油气勘探，以及美国、加拿大、智利的石化产品制造。公司注册于特拉华州，总部位于休斯顿，2021年分别位列财富500强第183位、福布斯全球企业2000强第670位。
EXE vs OXY — 直观对比
营收规模更大
EXE
是对方的2.0倍
$1.7B
营收增速更快
EXE
高出139.3%
-75.8%
净利率更高
EXE
高出10.0%
6.9%
自由现金流更多
OXY
多$1.7B
$215.0M
两年增速更快
EXE
近两年复合增速
-50.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $1.7B |
| 净利润 | $553.0M | $114.0M |
| 毛利率 | — | — |
| 营业利润率 | 22.8% | -6.5% |
| 净利率 | 16.9% | 6.9% |
| 营收同比 | 63.5% | -75.8% |
| 净利润同比 | 238.6% | 195.0% |
| 每股收益（稀释后） | $2.33 | $-0.07 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收EXEOXY
| Q4 25 | $3.3B | $1.7B | ||
| Q3 25 | $3.0B | $6.7B | ||
| Q2 25 | $3.7B | $6.3B | ||
| Q1 25 | $2.2B | $6.9B | ||
| Q4 24 | $2.0B | $6.9B | ||
| Q3 24 | $648.0M | $7.0B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | $1.1B | $6.7B |
净利润EXEOXY
| Q4 25 | $553.0M | $114.0M | ||
| Q3 25 | $547.0M | $842.0M | ||
| Q2 25 | $968.0M | $468.0M | ||
| Q1 25 | $-249.0M | $945.0M | ||
| Q4 24 | $-399.0M | $-120.0M | ||
| Q3 24 | $-114.0M | $1.1B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | $26.0M | $888.0M |
毛利率EXEOXY
| Q4 25 | — | — | ||
| Q3 25 | — | 87.8% | ||
| Q2 25 | — | 86.6% | ||
| Q1 25 | — | 88.4% | ||
| Q4 24 | — | 89.0% | ||
| Q3 24 | — | 88.5% | ||
| Q2 24 | — | 87.9% | ||
| Q1 24 | — | 89.0% |
营业利润率EXEOXY
| Q4 25 | 22.8% | -6.5% | ||
| Q3 25 | 24.4% | 17.4% | ||
| Q2 25 | 34.4% | 11.7% | ||
| Q1 25 | -12.2% | 19.3% | ||
| Q4 24 | -19.3% | -2.5% | ||
| Q3 24 | -23.9% | 22.7% | ||
| Q2 24 | — | 24.0% | ||
| Q1 24 | 3.0% | 15.0% |
净利率EXEOXY
| Q4 25 | 16.9% | 6.9% | ||
| Q3 25 | 18.4% | 12.6% | ||
| Q2 25 | 26.2% | 7.4% | ||
| Q1 25 | -11.3% | 13.7% | ||
| Q4 24 | -19.9% | -1.7% | ||
| Q3 24 | -17.6% | 16.2% | ||
| Q2 24 | — | 17.2% | ||
| Q1 24 | 2.4% | 13.2% |
每股收益（稀释后）EXEOXY
| Q4 25 | $2.33 | $-0.07 | ||
| Q3 25 | $2.28 | $0.65 | ||
| Q2 25 | $4.02 | $0.26 | ||
| Q1 25 | $-1.06 | $0.77 | ||
| Q4 24 | $-2.15 | $-0.32 | ||
| Q3 24 | $-0.85 | $0.98 | ||
| Q2 24 | — | $1.03 | ||
| Q1 24 | $0.18 | $0.75 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $616.0M | $2.0B |
| 总债务越低越好 | $5.0B | $20.6B |
| 股东权益账面价值 | $18.6B | $36.0B |
| 总资产 | $28.3B | $84.2B |
| 负债/权益比越低杠杆越低 | 0.27× | 0.57× |
8季度趋势，按日历期对齐
现金及短期投资EXEOXY
| Q4 25 | $616.0M | $2.0B | ||
| Q3 25 | $613.0M | $2.2B | ||
| Q2 25 | $731.0M | $2.3B | ||
| Q1 25 | $349.0M | $2.6B | ||
| Q4 24 | $317.0M | $2.1B | ||
| Q3 24 | $1.0B | $1.8B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | $1.2B | $1.3B |
总债务EXEOXY
| Q4 25 | $5.0B | $20.6B | ||
| Q3 25 | $5.0B | $20.8B | ||
| Q2 25 | $5.1B | $23.3B | ||
| Q1 25 | $5.2B | $24.0B | ||
| Q4 24 | $5.7B | $25.0B | ||
| Q3 24 | — | $25.5B | ||
| Q2 24 | — | $18.4B | ||
| Q1 24 | — | $18.5B |
股东权益EXEOXY
| Q4 25 | $18.6B | $36.0B | ||
| Q3 25 | $18.1B | $36.3B | ||
| Q2 25 | $17.9B | $35.7B | ||
| Q1 25 | $17.2B | $34.7B | ||
| Q4 24 | $17.6B | $34.2B | ||
| Q3 24 | $10.2B | $34.7B | ||
| Q2 24 | — | $32.1B | ||
| Q1 24 | $10.7B | $30.8B |
总资产EXEOXY
| Q4 25 | $28.3B | $84.2B | ||
| Q3 25 | $27.6B | $83.5B | ||
| Q2 25 | $27.8B | $84.4B | ||
| Q1 25 | $27.9B | $85.0B | ||
| Q4 24 | $27.9B | $85.4B | ||
| Q3 24 | $13.4B | $85.8B | ||
| Q2 24 | — | $76.2B | ||
| Q1 24 | $14.0B | $74.3B |
负债/权益比EXEOXY
| Q4 25 | 0.27× | 0.57× | ||
| Q3 25 | 0.28× | 0.57× | ||
| Q2 25 | 0.29× | 0.65× | ||
| Q1 25 | 0.30× | 0.69× | ||
| Q4 24 | 0.32× | 0.73× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.60× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $956.0M | $2.6B |
| 自由现金流经营现金流 - 资本支出 | $215.0M | $1.9B |
| 自由现金流率自由现金流/营收 | 6.6% | 113.4% |
| 资本支出强度资本支出/营收 | 22.6% | 45.4% |
| 现金转化率经营现金流/净利润 | 1.73× | 23.11× |
| 过去12个月自由现金流最近4个季度 | $1.8B | $4.1B |
8季度趋势，按日历期对齐
经营现金流EXEOXY
| Q4 25 | $956.0M | $2.6B | ||
| Q3 25 | $1.2B | $2.8B | ||
| Q2 25 | $1.3B | $3.0B | ||
| Q1 25 | $1.1B | $2.1B | ||
| Q4 24 | $382.0M | $3.4B | ||
| Q3 24 | $422.0M | $3.7B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | $552.0M | $2.0B |
自由现金流EXEOXY
| Q4 25 | $215.0M | $1.9B | ||
| Q3 25 | $426.0M | $1.0B | ||
| Q2 25 | $665.0M | $962.0M | ||
| Q1 25 | $533.0M | $240.0M | ||
| Q4 24 | $-154.0M | $1.6B | ||
| Q3 24 | $124.0M | $2.0B | ||
| Q2 24 | — | $623.0M | ||
| Q1 24 | $131.0M | $224.0M |
自由现金流率EXEOXY
| Q4 25 | 6.6% | 113.4% | ||
| Q3 25 | 14.4% | 15.3% | ||
| Q2 25 | 18.0% | 15.2% | ||
| Q1 25 | 24.3% | 3.5% | ||
| Q4 24 | -7.7% | 23.0% | ||
| Q3 24 | 19.1% | 28.5% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | 12.1% | 3.3% |
资本支出强度EXEOXY
| Q4 25 | 22.6% | 45.4% | ||
| Q3 25 | 26.1% | 26.5% | ||
| Q2 25 | 17.8% | 31.6% | ||
| Q1 25 | 25.6% | 27.6% | ||
| Q4 24 | 26.8% | 26.0% | ||
| Q3 24 | 46.0% | 24.0% | ||
| Q2 24 | — | 26.0% | ||
| Q1 24 | 38.9% | 26.5% |
现金转化率EXEOXY
| Q4 25 | 1.73× | 23.11× | ||
| Q3 25 | 2.20× | 3.31× | ||
| Q2 25 | 1.37× | 6.32× | ||
| Q1 25 | — | 2.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.23× | ||
| Q2 24 | — | 2.05× | ||
| Q1 24 | 21.23× | 2.26× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
EXE
| Oil And Gas | $2.3B | 70% |
| Natural Gas Marketing Sales | $734.0M | 22% |
| Natural Gas Liquids Sales | $174.0M | 5% |
| Natural Gas Liquids Marketing Sales | $34.0M | 1% |
| Oil Marketing Sales | $31.0M | 1% |
OXY
暂无分部数据
