Southwestern Energy Company (NYSE:SWN) – Analysts at Capital One Financial lowered their FY2017 earnings per share (EPS) estimates for shares of Southwestern Energy in a research report issued to clients and investors on Thursday, Zacks Investment Research reports. Capital One Financial analyst B. Velie now expects that the energy company will post earnings per share of $0.41 for the year, down from their previous forecast of $0.45. Capital One Financial also issued estimates for Southwestern Energy’s Q4 2017 earnings at $0.10 EPS.
SWN has been the topic of several other reports. Piper Jaffray Companies decreased their price target on shares of Southwestern Energy from $8.00 to $6.00 and set a “neutral” rating on the stock in a research note on Monday, September 18th. Barclays raised their price target on shares of Southwestern Energy from $5.00 to $6.00 and gave the stock an “equal weight” rating in a research note on Monday, October 30th. BMO Capital Markets set a $9.00 price target on shares of Southwestern Energy and gave the stock a “buy” rating in a research note on Tuesday, November 14th. KeyCorp reissued a “hold” rating on shares of Southwestern Energy in a research note on Sunday, September 3rd. Finally, Royal Bank Of Canada set a $8.00 price objective on shares of Southwestern Energy and gave the stock a “hold” rating in a research report on Tuesday, August 8th. Six investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have given a buy rating to the company. Southwestern Energy currently has an average rating of “Hold” and an average target price of $11.00.
Southwestern Energy (SWN) traded down $0.17 on Friday, reaching $6.21. 19,960,231 shares of the company’s stock traded hands, compared to its average volume of 17,477,270. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.66. The stock has a market capitalization of $3,269.28, a P/E ratio of 15.95 and a beta of 1.23. Southwestern Energy has a fifty-two week low of $4.90 and a fifty-two week high of $12.85.
Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, October 26th. The energy company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.01). The company had revenue of $737.00 million for the quarter, compared to analysts’ expectations of $773.99 million. Southwestern Energy had a net margin of 16.31% and a return on equity of 23.99%. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.03 earnings per share.
Several large investors have recently modified their holdings of SWN. Whittier Trust Co. grew its stake in shares of Southwestern Energy by 2.4% during the 2nd quarter. Whittier Trust Co. now owns 71,533 shares of the energy company’s stock worth $435,000 after purchasing an additional 1,701 shares during the period. Shell Asset Management Co. acquired a new stake in Southwestern Energy during the 3rd quarter worth approximately $1,880,000. Airain ltd increased its position in Southwestern Energy by 4.6% during the 2nd quarter. Airain ltd now owns 423,311 shares of the energy company’s stock worth $2,574,000 after purchasing an additional 18,730 shares in the last quarter. Brookfield Asset Management Inc. acquired a new stake in Southwestern Energy during the 2nd quarter worth approximately $3,040,000. Finally, Bank of New York Mellon Corp increased its position in Southwestern Energy by 27.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,769,507 shares of the energy company’s stock worth $35,078,000 after purchasing an additional 1,231,562 shares in the last quarter. Institutional investors and hedge funds own 88.71% of the company’s stock.
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Southwestern Energy Company Profile
Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.
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