Southwestern Energy (SWN) Upgraded at ValuEngine

ValuEngine upgraded shares of Southwestern Energy (NYSE:SWN) from a hold rating to a buy rating in a report issued on Thursday.

Other equities research analysts have also recently issued research reports about the company. BMO Capital Markets set a $9.00 price target on Southwestern Energy and gave the company a buy rating in a research note on Tuesday, November 14th. Stifel Nicolaus reissued a buy rating on shares of Southwestern Energy in a research note on Thursday, September 14th. Cowen reissued a buy rating and issued a $9.00 price target on shares of Southwestern Energy in a research note on Tuesday, September 12th. Barclays lowered their price target on Southwestern Energy from $6.00 to $5.00 and set an equal weight rating for the company in a research note on Wednesday, October 11th. Finally, KeyCorp reissued a hold rating on shares of Southwestern Energy in a research note on Friday, November 10th. Four equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have issued a buy rating to the company’s stock. Southwestern Energy presently has an average rating of Hold and a consensus target price of $8.89.

Shares of Southwestern Energy (NYSE:SWN) traded down $0.27 during midday trading on Thursday, hitting $5.59. The company had a trading volume of 21,605,700 shares, compared to its average volume of 24,736,625. The company has a market cap of $2,830.00, a PE ratio of 9.02 and a beta of 1.23. Southwestern Energy has a 1-year low of $4.90 and a 1-year high of $10.45. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.66.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, October 26th. The energy company reported $0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.01). The firm had revenue of $737.00 million during the quarter, compared to the consensus estimate of $773.99 million. Southwestern Energy had a net margin of 16.31% and a return on equity of 23.99%. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.03 EPS. analysts predict that Southwestern Energy will post 0.44 EPS for the current fiscal year.

A number of institutional investors have recently made changes to their positions in SWN. Schwab Charles Investment Management Inc. boosted its position in Southwestern Energy by 26.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 3,038,414 shares of the energy company’s stock worth $18,474,000 after purchasing an additional 635,222 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Southwestern Energy by 27.1% in the second quarter. Bank of New York Mellon Corp now owns 5,769,507 shares of the energy company’s stock valued at $35,078,000 after acquiring an additional 1,231,562 shares during the period. Comerica Bank boosted its position in shares of Southwestern Energy by 179.4% in the second quarter. Comerica Bank now owns 426,455 shares of the energy company’s stock valued at $2,405,000 after acquiring an additional 273,824 shares during the period. State Board of Administration of Florida Retirement System boosted its position in shares of Southwestern Energy by 8.1% in the second quarter. State Board of Administration of Florida Retirement System now owns 694,414 shares of the energy company’s stock valued at $4,222,000 after acquiring an additional 52,009 shares during the period. Finally, Federated Investors Inc. PA boosted its position in shares of Southwestern Energy by 5,800.1% in the second quarter. Federated Investors Inc. PA now owns 312,116 shares of the energy company’s stock valued at $1,898,000 after acquiring an additional 306,826 shares during the period. 88.52% of the stock is owned by hedge funds and other institutional investors.

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About Southwestern Energy

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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