Southwestern Energy (NYSE:SWN) – Analysts at KeyCorp decreased their Q1 2018 earnings per share (EPS) estimates for Southwestern Energy in a report issued on Wednesday, March 14th, Zacks Investment Research reports. KeyCorp analyst D. Deckelbaum now expects that the energy company will post earnings of $0.22 per share for the quarter, down from their previous estimate of $0.23. KeyCorp also issued estimates for Southwestern Energy’s Q2 2018 earnings at $0.19 EPS and FY2018 earnings at $0.83 EPS.
Southwestern Energy (NYSE:SWN) last posted its earnings results on Thursday, March 1st. The energy company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.03. The firm had revenue of $809.00 million during the quarter, compared to analyst estimates of $802.77 million. Southwestern Energy had a net margin of 30.57% and a return on equity of 21.54%. The business’s quarterly revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.08 EPS.
Several other brokerages have also commented on SWN. Zacks Investment Research raised shares of Southwestern Energy from a “sell” rating to a “hold” rating in a report on Friday, March 16th. Jefferies Group reissued a “hold” rating and issued a $5.00 price target on shares of Southwestern Energy in a report on Monday, March 19th. B. Riley raised shares of Southwestern Energy from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $5.00 to $5.85 in a report on Friday, February 9th. Ladenburg Thalmann Financial Services lowered shares of Southwestern Energy from a “buy” rating to a “neutral” rating and set a $4.00 price target for the company. in a report on Friday, February 9th. Finally, Pi Financial lowered shares of Southwestern Energy from a “market perform” rating to an “underperform” rating in a report on Wednesday, January 31st. Eight equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $6.76.
NYSE SWN traded down $0.15 on Thursday, hitting $4.26. The company had a trading volume of 11,835,803 shares, compared to its average volume of 15,992,299. The firm has a market cap of $2,588.95, a PE ratio of 9.68 and a beta of 0.79. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.93 and a current ratio of 1.93. Southwestern Energy has a 12-month low of $3.42 and a 12-month high of $8.55.
Several institutional investors have recently added to or reduced their stakes in SWN. Dimensional Fund Advisors LP boosted its position in shares of Southwestern Energy by 2,243.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,435,577 shares of the energy company’s stock valued at $14,882,000 after acquiring an additional 2,331,644 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of Southwestern Energy by 290.7% during the 3rd quarter. Prudential Financial Inc. now owns 1,636,706 shares of the energy company’s stock valued at $10,000,000 after acquiring an additional 1,217,824 shares during the last quarter. Encompass Capital Advisors LLC boosted its position in shares of Southwestern Energy by 10.9% during the 4th quarter. Encompass Capital Advisors LLC now owns 8,800,000 shares of the energy company’s stock valued at $49,104,000 after acquiring an additional 862,553 shares during the last quarter. First Quadrant L P CA boosted its position in shares of Southwestern Energy by 46.8% during the 4th quarter. First Quadrant L P CA now owns 2,607,273 shares of the energy company’s stock valued at $14,549,000 after acquiring an additional 830,964 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. boosted its position in shares of Southwestern Energy by 784.8% during the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 930,490 shares of the energy company’s stock valued at $5,684,000 after acquiring an additional 825,332 shares during the last quarter. 80.67% of the stock is owned by institutional investors and hedge funds.
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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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