EXE vs GPOR: Correlation
How closely do Expand Energy (EXE) and Gulfport Energy Corporation (GPOR) trade together? Their weekly returns over three years give a correlation of 0.80, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXE and GPOR?
Over the past 3 years, EXE and GPOR moved with a correlation of 0.80, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.78 lands near the 3-year figure. Over 5 years the correlation is 0.68, and the annualized covariance of weekly returns is 732.0 %².
In EXE's tracked universe of 32 assets, GPOR sits right near the top at #2. Their 12-month results are close: +5.2% for EXE against +2.1% for GPOR.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
EXE vs GPOR: side by side
| EXE (Expand Energy) | GPOR (Gulfport Energy Corporation) | |
|---|---|---|
| 1-year return | +5.2% | +2.1% |
| 5-year return | +125.8% | +166.3% |
| Volatility (ann.) | 28.2% | 32.5% |
| Beta vs S&P 500 | 0.31 | 0.51 |
| Max drawdown (3Y) | -28.4% | -32.5% |
| Market cap | $22.7B | $3.1B |
| P/E (trailing) | 8.3 | 6.6 |
| Dividend yield | 3.30% | 0.00% |
| Sector / category | Energy | US Listed |
Year-by-year returns
| Year | EXE | GPOR |
|---|---|---|
| 2022 | +62.3% | +2.2% |
| 2023 | -14.8% | +80.9% |
| 2024 | +33.2% | +38.3% |
| 2025 | +14.4% | +12.9% |
| 2026 | -9.6% | -15.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXE and GPOR good diversifiers for each other?
Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between EXE and GPOR?
As of 2026-08-27, the correlation of weekly returns between EXE and GPOR is 0.80 over 3 years, 0.78 over 1 year and 0.68 over 5 years.
Is GPOR a good diversifier for EXE?
Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.80 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/exe-vs-gpor.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/exe-vs-gpor/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EXE correlations · GPOR correlations
