Southwestern Energy (NYSE:SWN) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Southwestern Energy (NYSE:SWN) in a research report report published on Sunday. The brokerage issued a hold rating on the energy company’s stock.

Several other analysts also recently issued reports on the stock. Citigroup lifted their price target on shares of Southwestern Energy from $8.00 to $8.24 and gave the company a buy rating in a research report on Friday, January 12th. Scotiabank downgraded Southwestern Energy from a sector outperform rating to a sector perform rating and boosted their target price for the stock from $9.00 to $9.50 in a research note on Thursday, April 11th. UBS Group increased their price target on shares of Southwestern Energy from $6.00 to $6.25 and gave the company a neutral rating in a research report on Thursday, January 18th. Seaport Res Ptn lowered Southwestern Energy from a buy rating to a neutral rating in a report on Wednesday, January 31st. Finally, Susquehanna upped their price target on Southwestern Energy from $7.00 to $7.50 and gave the company a neutral rating in a research report on Monday, April 22nd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of Hold and an average target price of $8.14.

Southwestern Energy Stock Performance

Shares of SWN stock opened at $7.22 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.82 and a quick ratio of 0.82. Southwestern Energy has a one year low of $4.57 and a one year high of $7.80. The business’s 50 day simple moving average is $7.28 and its 200 day simple moving average is $6.88. The stock has a market capitalization of $7.95 billion, a PE ratio of 5.04 and a beta of 1.12.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings data on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The company had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the business earned $0.26 EPS. The firm’s revenue was down 49.9% compared to the same quarter last year. As a group, research analysts forecast that Southwestern Energy will post 0.57 earnings per share for the current year.

Institutional Trading of Southwestern Energy

A number of large investors have recently modified their holdings of SWN. FMR LLC lifted its holdings in shares of Southwestern Energy by 32.3% during the 3rd quarter. FMR LLC now owns 39,784,990 shares of the energy company’s stock worth $256,613,000 after acquiring an additional 9,709,483 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Southwestern Energy by 7.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 29,332,203 shares of the energy company’s stock worth $192,133,000 after buying an additional 1,924,108 shares during the period. Invesco Ltd. boosted its holdings in Southwestern Energy by 13.7% in the third quarter. Invesco Ltd. now owns 22,735,475 shares of the energy company’s stock valued at $146,644,000 after acquiring an additional 2,744,656 shares in the last quarter. Kopernik Global Investors LLC lifted its holdings in Southwestern Energy by 0.7% in the fourth quarter. Kopernik Global Investors LLC now owns 21,007,377 shares of the energy company’s stock worth $137,598,000 after buying an additional 143,007 shares during the period. Finally, Kimmeridge Energy Management Company LLC bought a new stake in shares of Southwestern Energy during the 4th quarter valued at $120,352,000. Institutional investors own 86.97% of the company’s stock.

About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. It operates through two segments, Exploration and Production, and Marketing. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana.