Southwestern Energy (NYSE:SWN) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 67,584,102 shares, a decline of 3.9% from the August 15th total of 70,326,141 shares. Approximately 11.6% of the shares of the company are short sold. Based on an average daily trading volume, of 12,729,979 shares, the days-to-cover ratio is currently 5.3 days.

SWN has been the topic of several analyst reports. B. Riley boosted their price target on shares of Southwestern Energy from $7.85 to $10.00 and gave the company a “buy” rating in a report on Friday, June 22nd. BMO Capital Markets set a $7.00 price target on shares of Southwestern Energy and gave the company a “buy” rating in a report on Sunday, August 12th. Stifel Nicolaus reissued a “hold” rating and issued a $4.30 price target on shares of Southwestern Energy in a report on Friday, June 1st. Morgan Stanley boosted their price target on shares of Southwestern Energy from $5.00 to $6.00 and gave the company an “underweight” rating in a report on Thursday, September 6th. Finally, Zacks Investment Research raised shares of Southwestern Energy from a “hold” rating to a “buy” rating and set a $5.75 price target on the stock in a report on Tuesday, July 17th. Seven research analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $5.90.

Shares of NYSE:SWN opened at $5.64 on Friday. Southwestern Energy has a 52 week low of $3.42 and a 52 week high of $6.72. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market capitalization of $3.04 billion, a PE ratio of 12.84 and a beta of 0.84.

Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, August 2nd. The energy company reported $0.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.02. Southwestern Energy had a net margin of 18.37% and a return on equity of 17.78%. The company had revenue of $816.00 million for the quarter, compared to the consensus estimate of $809.41 million. During the same quarter in the previous year, the company earned $0.08 EPS. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. sell-side analysts forecast that Southwestern Energy will post 0.9 EPS for the current year.

Several large investors have recently modified their holdings of SWN. Rhumbline Advisers boosted its stake in shares of Southwestern Energy by 3.2% in the 1st quarter. Rhumbline Advisers now owns 910,956 shares of the energy company’s stock valued at $3,944,000 after purchasing an additional 28,050 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in shares of Southwestern Energy in the 1st quarter valued at $443,000. Mackay Shields LLC acquired a new stake in shares of Southwestern Energy in the 1st quarter valued at $1,083,000. American Century Companies Inc. boosted its stake in shares of Southwestern Energy by 150.4% in the 1st quarter. American Century Companies Inc. now owns 909,934 shares of the energy company’s stock valued at $3,940,000 after purchasing an additional 546,578 shares in the last quarter. Finally, Prudential Financial Inc. boosted its stake in shares of Southwestern Energy by 7.3% in the 1st quarter. Prudential Financial Inc. now owns 2,113,234 shares of the energy company’s stock valued at $9,150,000 after purchasing an additional 143,547 shares in the last quarter. Institutional investors own 90.81% of the company’s stock.

Southwestern Energy Company Profile

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

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