Southwestern Energy Co. (NYSE:SWN) – Equities research analysts at Jefferies Group decreased their FY2016 earnings per share (EPS) estimates for shares of Southwestern Energy in a note issued to investors on Thursday. Jefferies Group analyst J. Wolff now anticipates that the firm will post earnings per share of $0.00 for the year, down from their previous forecast of $0.07. Jefferies Group has a “Sell” rating and a $10.00 price target on the stock.

Southwestern Energy (NYSE:SWN) last released its earnings results on Thursday, October 20th. The energy company reported $0.03 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by $0.04. Southwestern Energy had a negative net margin of 187.25% and a negative return on equity of 2.58%. The firm earned $651 million during the quarter. During the same quarter in the previous year, the company posted $0.01 earnings per share. The firm’s revenue was down 13.1% compared to the same quarter last year.

Earnings History and Estimates for Southwestern Energy (NYSE:SWN)

A number of other brokerages have also weighed in on SWN. BMO Capital Markets reissued a “hold” rating and set a $18.00 price objective on shares of Southwestern Energy in a report on Friday, July 29th. Scotiabank restated a “sector perform” rating and set a $16.00 target price (up from $13.00) on shares of Southwestern Energy in a research report on Tuesday, July 26th. Zacks Investment Research upgraded shares of Southwestern Energy from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research report on Tuesday, July 26th. Barclays PLC boosted their target price on shares of Southwestern Energy from $8.00 to $14.00 and gave the company an “underweight” rating in a research report on Monday, July 25th. Finally, Nomura restated a “neutral” rating and set a $15.00 target price (up from $13.00) on shares of Southwestern Energy in a research report on Monday, July 25th. Five investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Southwestern Energy presently has a consensus rating of “Hold” and an average price target of $12.66.

Southwestern Energy (NYSE:SWN) opened at 11.19 on Monday. The stock’s 50 day moving average price is $11.51 and its 200-day moving average price is $13.02. The company’s market capitalization is $5.47 billion. Southwestern Energy has a 52 week low of $5.00 and a 52 week high of $15.59.

Large investors have recently made changes to their positions in the stock. Patten Group Inc. increased its position in Southwestern Energy by 0.3% in the third quarter. Patten Group Inc. now owns 18,985 shares of the energy company’s stock worth $259,000 after buying an additional 50 shares during the period. Gateway Investment Advisers LLC increased its position in Southwestern Energy by 0.5% in the third quarter. Gateway Investment Advisers LLC now owns 27,627 shares of the energy company’s stock worth $382,000 after buying an additional 136 shares during the period. Evercore Wealth Management LLC increased its position in Southwestern Energy by 2.2% in the second quarter. Evercore Wealth Management LLC now owns 11,964 shares of the energy company’s stock worth $151,000 after buying an additional 259 shares during the period. Louisiana State Employees Retirement System increased its position in Southwestern Energy by 1.0% in the third quarter. Louisiana State Employees Retirement System now owns 31,400 shares of the energy company’s stock worth $435,000 after buying an additional 300 shares during the period. Finally, US Bancorp DE increased its position in Southwestern Energy by 0.5% in the second quarter. US Bancorp DE now owns 69,453 shares of the energy company’s stock worth $874,000 after buying an additional 370 shares during the period. Institutional investors and hedge funds own 96.80% of the company’s stock.

In other Southwestern Energy news, Director Gregory D. Kerley sold 12,000 shares of the stock in a transaction that occurred on Tuesday, September 20th. The shares were sold at an average price of $14.34, for a total transaction of $172,080.00. Following the sale, the director now directly owns 312,064 shares in the company, valued at approximately $4,474,997.76. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.16% of the company’s stock.

About Southwestern Energy

Southwestern Energy Company is an independent energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations are focused on the development of unconventional natural gas reservoirs located in Pennsylvania, West Virginia and Arkansas.

5 Day Chart for NYSE:SWN

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