Southwestern Energy (SWN) Downgraded by Johnson Rice

Southwestern Energy (NYSE:SWN) was downgraded by Johnson Rice from a “buy” rating to an “accumulate” rating in a research report issued on Wednesday, The Fly reports.

A number of other equities research analysts have also weighed in on SWN. Citigroup lowered Southwestern Energy from a “buy” rating to a “neutral” rating and set a $8.00 price objective on the stock. in a research report on Tuesday, April 17th. Morgan Stanley reduced their price objective on Southwestern Energy from $2.50 to $2.00 and set an “underweight” rating on the stock in a research report on Friday, April 20th. Jefferies Financial Group restated a “hold” rating and set a $4.50 price objective on shares of Southwestern Energy in a research report on Thursday, April 26th. ValuEngine lowered Southwestern Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Finally, Stifel Nicolaus started coverage on Southwestern Energy in a research report on Tuesday, May 22nd. They set a “hold” rating and a $4.30 price objective on the stock. Eight investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $5.86.

Shares of SWN opened at $5.44 on Wednesday. Southwestern Energy has a 52-week low of $3.42 and a 52-week high of $6.72. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market capitalization of $3.26 billion, a PE ratio of 12.36 and a beta of 0.76.



Southwestern Energy (NYSE:SWN) last issued its quarterly earnings results on Thursday, August 2nd. The energy company reported $0.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.02. The company had revenue of $816.00 million for the quarter, compared to analyst estimates of $809.41 million. Southwestern Energy had a return on equity of 17.78% and a net margin of 18.37%. The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the company posted $0.08 EPS. equities research analysts expect that Southwestern Energy will post 0.85 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC lifted its holdings in Southwestern Energy by 2,836.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 20,705 shares of the energy company’s stock worth $110,000 after buying an additional 20,000 shares during the period. US Bancorp DE lifted its holdings in Southwestern Energy by 222.5% during the 2nd quarter. US Bancorp DE now owns 23,962 shares of the energy company’s stock worth $127,000 after buying an additional 16,533 shares during the period. Creative Planning acquired a new position in Southwestern Energy during the 2nd quarter worth about $169,000. Signature Estate & Investment Advisors LLC acquired a new position in Southwestern Energy during the 2nd quarter worth about $175,000. Finally, BB&T Corp lifted its holdings in Southwestern Energy by 68.4% during the 2nd quarter. BB&T Corp now owns 33,680 shares of the energy company’s stock worth $178,000 after buying an additional 13,682 shares during the period. 86.09% of the stock is currently owned by hedge funds and other institutional investors.

About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

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