Southwestern Energy (NYSE:SWN) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Southwestern Energy (NYSE:SWNGet Free Report) in a research report issued on Tuesday. The brokerage set a “hold” rating on the energy company’s stock.

A number of other research analysts have also weighed in on SWN. Stifel Nicolaus raised their price objective on Southwestern Energy from $6.60 to $7.60 and gave the company a “hold” rating in a research report on Tuesday, April 23rd. Susquehanna raised their price target on Southwestern Energy from $7.50 to $8.00 and gave the company a “neutral” rating in a report on Thursday, May 16th. Mizuho upped their price objective on Southwestern Energy from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. Scotiabank lowered shares of Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and raised their target price for the company from $9.00 to $9.50 in a report on Thursday, April 11th. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $7.00 price target (down previously from $8.00) on shares of Southwestern Energy in a research note on Friday, April 19th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $8.25.

View Our Latest Research Report on SWN

Southwestern Energy Stock Up 0.7 %

NYSE SWN opened at $6.87 on Tuesday. Southwestern Energy has a 12 month low of $5.77 and a 12 month high of $7.80. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.83. The stock has a market cap of $7.58 billion, a PE ratio of -3.95 and a beta of 1.17. The stock’s 50 day moving average is $7.14 and its 200 day moving average is $7.02.

Southwestern Energy (NYSE:SWNGet Free Report) last released its earnings results on Thursday, May 2nd. The energy company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). Southwestern Energy had a positive return on equity of 9.00% and a negative net margin of 32.93%. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the firm posted $0.31 EPS. Southwestern Energy’s quarterly revenue was down 33.1% compared to the same quarter last year. Research analysts predict that Southwestern Energy will post 0.61 EPS for the current fiscal year.

Institutional Investors Weigh In On Southwestern Energy

Several institutional investors have recently made changes to their positions in SWN. Bank of Nova Scotia purchased a new stake in Southwestern Energy in the 4th quarter worth about $4,434,000. Dimensional Fund Advisors LP grew its stake in shares of Southwestern Energy by 7.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 29,332,203 shares of the energy company’s stock valued at $192,133,000 after buying an additional 1,924,108 shares during the last quarter. Louisiana State Employees Retirement System purchased a new stake in shares of Southwestern Energy in the fourth quarter worth approximately $2,027,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Southwestern Energy by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,444,522 shares of the energy company’s stock worth $68,412,000 after acquiring an additional 203,452 shares during the last quarter. Finally, Annex Advisory Services LLC boosted its holdings in Southwestern Energy by 18.8% during the 4th quarter. Annex Advisory Services LLC now owns 977,353 shares of the energy company’s stock valued at $6,402,000 after acquiring an additional 154,496 shares during the period. Institutional investors own 86.97% of the company’s stock.

About Southwestern Energy

(Get Free Report)

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.

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