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

StockNews.com began coverage on shares of Southwestern Energy (NYSE:SWN) in a report issued on Friday morning. The firm issued a sell rating on the energy company’s stock.

SWN has been the topic of a number of other research reports. Piper Sandler lowered their target price on shares of Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, August 15th. Wolfe Research began coverage on Southwestern Energy in a research note on Thursday, July 18th. They issued a “peer perform” rating for the company. Scotiabank cut their target price on Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 20th. UBS Group dropped their price objective on Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 18th. Finally, Susquehanna reduced their target price on shares of Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating for the company in a research note on Monday, August 19th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Southwestern Energy has a consensus rating of “Hold” and an average target price of $7.98.

Southwestern Energy Stock Performance

NYSE SWN opened at $7.11 on Friday. Southwestern Energy has a 52 week low of $5.85 and a 52 week high of $7.80. The business has a 50 day moving average price of $6.57 and a 200-day moving average price of $6.89. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.01. The company has a market cap of $7.84 billion, a price-to-earnings ratio of -4.09 and a beta of 1.12.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, August 1st. The energy company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. Southwestern Energy had a negative net margin of 48.91% and a positive return on equity of 10.55%. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the previous year, the business posted $0.09 EPS. Southwestern Energy’s quarterly revenue was down 14.7% on a year-over-year basis. As a group, equities analysts expect that Southwestern Energy will post 0.56 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rise Advisors LLC purchased a new stake in shares of Southwestern Energy during the 1st quarter worth approximately $25,000. UMB Bank n.a. increased its position in Southwestern Energy by 340.6% in the third quarter. UMB Bank n.a. now owns 3,450 shares of the energy company’s stock worth $25,000 after buying an additional 2,667 shares during the last quarter. Paladin Wealth LLC bought a new stake in shares of Southwestern Energy in the third quarter valued at $38,000. Larson Financial Group LLC raised its stake in shares of Southwestern Energy by 4,752.1% in the second quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock valued at $40,000 after buying an additional 5,750 shares during the period. Finally, Fidelis Capital Partners LLC purchased a new position in shares of Southwestern Energy during the 1st quarter valued at $43,000. 86.97% of the stock is currently owned by hedge funds and other institutional investors.

Southwestern Energy Company Profile

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.