Sagefield Capital LP Has $45.39 Million Stock Holdings in Southwestern Energy (NYSE:SWN)

Sagefield Capital LP raised its position in shares of Southwestern Energy (NYSE:SWN) by 55.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,744,343 shares of the energy company’s stock after purchasing an additional 2,404,762 shares during the period. Southwestern Energy comprises 4.8% of Sagefield Capital LP’s portfolio, making the stock its 6th biggest position. Sagefield Capital LP owned 0.61% of Southwestern Energy worth $45,389,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in shares of Southwestern Energy by 21.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 48,926,369 shares of the energy company’s stock worth $329,276,000 after acquiring an additional 8,741,562 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Southwestern Energy by 14.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,364,192 shares of the energy company’s stock worth $298,381,000 after acquiring an additional 4,968,002 shares in the last quarter. Kopernik Global Investors LLC raised its position in shares of Southwestern Energy by 0.7% in the 4th quarter. Kopernik Global Investors LLC now owns 21,007,377 shares of the energy company’s stock worth $137,598,000 after acquiring an additional 143,007 shares in the last quarter. Magnetar Financial LLC raised its position in shares of Southwestern Energy by 3,468.3% in the 1st quarter. Magnetar Financial LLC now owns 12,360,286 shares of the energy company’s stock worth $93,691,000 after acquiring an additional 12,013,898 shares in the last quarter. Finally, KRYGER CAPITAL Ltd bought a new position in shares of Southwestern Energy in the 1st quarter worth $76,543,000. 86.97% of the stock is owned by institutional investors.

Southwestern Energy Stock Up 2.4 %

Southwestern Energy stock opened at $6.88 on Tuesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.53 and a current ratio of 0.53. The business’s 50-day simple moving average is $6.32 and its two-hundred day simple moving average is $6.91. The company has a market cap of $7.59 billion, a PE ratio of -3.95 and a beta of 1.12. Southwestern Energy has a fifty-two week low of $5.85 and a fifty-two week high of $7.80.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, August 1st. The energy company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.12 billion. Southwestern Energy had a positive return on equity of 10.55% and a negative net margin of 48.91%. The company’s quarterly revenue was down 14.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.09 EPS. Equities analysts anticipate that Southwestern Energy will post 0.57 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on SWN. Wolfe Research began coverage on Southwestern Energy in a research report on Thursday, July 18th. They issued a “peer perform” rating for the company. Susquehanna reduced their price target on Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating for the company in a research report on Monday, August 19th. Scotiabank reduced 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. Piper Sandler reduced their target price on Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, August 15th. Finally, StockNews.com started coverage on Southwestern Energy in a research report on Wednesday, September 11th. They set a “sell” rating on the stock. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $8.56.

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.