Southwestern Energy (SWN) Scheduled to Post Earnings on Thursday

Southwestern Energy (NYSE:SWN) will be issuing its quarterly earnings data after the market closes on Thursday, October 24th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Tuesday, August 6th. The energy company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The business had revenue of $667.00 million for the quarter, compared to analyst estimates of $851.21 million. Southwestern Energy had a return on equity of 19.16% and a net margin of 26.70%. Southwestern Energy’s quarterly revenue was down 18.3% compared to the same quarter last year. During the same period last year, the firm earned $0.18 EPS. On average, analysts expect Southwestern Energy to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NYSE SWN opened at $2.02 on Tuesday. The business’s 50 day moving average price is $1.99 and its two-hundred day moving average price is $2.88. The company has a market cap of $1.09 billion, a PE ratio of 1.98, a price-to-earnings-growth ratio of 0.42 and a beta of 1.10. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.74. Southwestern Energy has a twelve month low of $1.56 and a twelve month high of $6.23.

SWN has been the topic of several research reports. Morgan Stanley decreased their target price on Southwestern Energy from $2.00 to $1.50 and set an “underweight” rating on the stock in a research report on Friday, October 4th. Bank of America reaffirmed an “underperform” rating and issued a $2.50 target price (down previously from $3.00) on shares of Southwestern Energy in a research report on Wednesday, August 7th. Credit Suisse Group downgraded Southwestern Energy from a “neutral” rating to an “underperform” rating and set a $2.83 target price on the stock. in a research report on Tuesday, July 9th. ValuEngine raised Southwestern Energy from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. Finally, Citigroup upped their target price on Southwestern Energy from $2.00 to $2.25 and gave the company a “neutral” rating in a research report on Monday, September 23rd. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. Southwestern Energy currently has an average rating of “Hold” and a consensus target price of $3.40.

In related news, CFO Julian Mark Bott purchased 25,000 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The stock was acquired at an average cost of $1.90 per share, for a total transaction of $47,500.00. Following the completion of the purchase, the chief financial officer now owns 25,000 shares in the company, valued at approximately $47,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider William J. Way purchased 100,000 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The stock was bought at an average price of $1.91 per share, with a total value of $191,000.00. Following the completion of the purchase, the insider now owns 771,362 shares of the company’s stock, valued at approximately $1,473,301.42. The disclosure for this purchase can be found here. Insiders bought 126,250 shares of company stock worth $240,638 in the last ninety days. 0.66% of the stock is owned by company insiders.

Southwestern Energy Company Profile

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 development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.

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Earnings History for Southwestern Energy (NYSE:SWN)

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