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

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

SWN has been the subject of a number of other reports. Scotiabank lowered Southwestern Energy from a sector outperform rating to a sector perform rating and raised their price target for the stock from $9.00 to $9.50 in a report on Thursday, April 11th. Susquehanna raised their price target on Southwestern Energy from $7.50 to $8.00 and gave the stock a neutral rating in a report on Thursday, May 16th. Seaport Res Ptn lowered Southwestern Energy from a buy rating to a neutral rating in a report on Wednesday, January 31st. Piper Sandler reaffirmed a neutral rating and issued a $7.00 price target (down from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. Finally, Stifel Nicolaus raised their price target on Southwestern Energy from $6.60 to $7.60 and gave the stock a hold rating in a report on Tuesday, April 23rd. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Southwestern Energy presently has a consensus rating of Hold and a consensus target price of $8.25.

Southwestern Energy Price Performance

Shares of NYSE SWN opened at $7.39 on Wednesday. The stock has a fifty day simple moving average of $7.41 and a two-hundred day simple moving average of $6.90. Southwestern Energy has a 1-year low of $4.72 and a 1-year high of $7.80. The firm has a market cap of $8.15 billion, a price-to-earnings ratio of -4.25 and a beta of 1.15. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.83.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings data on Thursday, May 2nd. The energy company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.01). Southwestern Energy had a negative net margin of 32.93% and a positive return on equity of 9.00%. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the company posted $0.31 earnings per share. Southwestern Energy’s revenue for the quarter was down 33.1% on a year-over-year basis. Analysts anticipate that Southwestern Energy will post 0.59 earnings per share for the current year.

Institutional Investors Weigh In On Southwestern Energy

Large investors have recently added to or reduced their stakes in the company. Rise Advisors LLC purchased a new stake in Southwestern Energy during the first quarter valued at about $25,000. Pingora Partners LLC purchased a new position in shares of Southwestern Energy in the fourth quarter worth about $30,000. Parkside Financial Bank & Trust increased its holdings in shares of Southwestern Energy by 481.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock worth $30,000 after buying an additional 3,854 shares during the period. Fidelis Capital Partners LLC purchased a new position in shares of Southwestern Energy in the first quarter worth about $43,000. Finally, Quantbot Technologies LP purchased a new position in shares of Southwestern Energy in the third quarter worth about $39,000. Hedge funds and other 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.