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

Stock analysts at StockNews.com began coverage on shares of Southwestern Energy (NYSE:SWN) in a report released on Sunday. The firm set a “sell” rating on the energy company’s stock.

Other analysts also recently issued reports about the stock. Wolfe Research began coverage on shares of Southwestern Energy in a research report on Thursday, July 18th. They set a “peer perform” rating on the stock. UBS Group lowered their price objective on Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 18th. Scotiabank dropped their price objective on Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating for the company in a research note on Tuesday, August 20th. Piper Sandler decreased their target price on Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, August 15th. Finally, Susquehanna dropped their price target on 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 issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $7.98.

Southwestern Energy Stock Performance

Shares of SWN opened at $7.11 on Friday. The business has a 50-day simple moving average of $6.75 and a two-hundred day simple moving average of $6.87. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.01. Southwestern Energy has a 52 week low of $5.85 and a 52 week high of $7.80. The stock 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 released its earnings results on Thursday, August 1st. The energy company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the firm posted $0.09 EPS. The firm’s quarterly revenue was down 14.7% compared to the same quarter last year. On average, analysts expect that Southwestern Energy will post 0.56 EPS for the current year.

Institutional Investors Weigh In On Southwestern Energy

Large investors have recently bought and sold shares of the business. UMB Bank n.a. increased its holdings in shares of Southwestern Energy by 340.6% in the 3rd 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 purchased a new stake in Southwestern Energy during the third quarter valued at approximately $38,000. Larson Financial Group LLC raised its position in Southwestern Energy by 4,752.1% during the second quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock valued at $40,000 after purchasing an additional 5,750 shares during the period. Fidelis Capital Partners LLC bought a new stake in shares of Southwestern Energy in the 1st quarter valued at approximately $43,000. Finally, International Assets Investment Management LLC increased its position in shares of Southwestern Energy by 611.0% during the 3rd quarter. International Assets Investment Management LLC now owns 8,866 shares of the energy company’s stock valued at $63,000 after purchasing an additional 7,619 shares during the last quarter. Institutional investors own 86.97% 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, 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.