Southwestern Energy Company (NYSE:SWN) - Research analysts at Seaport Global Securities decreased their Q4 2017 EPS estimates for shares of Southwestern Energy in a research note issued on Monday. Seaport Global Securities analyst M. Kelly now expects that the energy company will post earnings per share of $0.17 for the quarter, down from their previous forecast of $0.18.
Several other analysts have also issued reports on the stock. Cowen and Company raised shares of Southwestern Energy from a “market perform” rating to an “outperform” rating and dropped their price target for the stock from $14.00 to $11.00 in a research report on Wednesday, April 19th. National Securities reaffirmed a “buy” rating and set a $14.00 price target on shares of Southwestern Energy in a research report on Monday, May 1st. Barclays PLC reaffirmed an “equal weight” rating and set a $9.00 price target (down from $10.00) on shares of Southwestern Energy in a research report on Saturday, April 22nd. Citigroup Inc. dropped their price target on shares of Southwestern Energy from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Friday, July 21st. Finally, BidaskClub raised shares of Southwestern Energy from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $12.60.
Shares of Southwestern Energy (NYSE:SWN) opened at 5.20 on Tuesday. Southwestern Energy has a 52-week low of $5.03 and a 52-week high of $15.59. The firm has a 50-day moving average of $5.90 and a 200 day moving average of $7.33. The firm’s market capitalization is $2.57 billion.
Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, August 3rd. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.08. The company had revenue of $811 million during the quarter, compared to analyst estimates of $810 million. Southwestern Energy had a positive return on equity of 25.19% and a negative net margin of 9.46%. The business’s revenue for the quarter was up 55.4% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.09) earnings per share.
A number of large investors have recently bought and sold shares of the company. Whittier Trust Co. boosted its stake in Southwestern Energy by 2.4% in the second quarter. Whittier Trust Co. now owns 71,533 shares of the energy company’s stock valued at $435,000 after buying an additional 1,701 shares in the last quarter. Creative Planning boosted its stake in Southwestern Energy by 26.1% in the first quarter. Creative Planning now owns 25,448 shares of the energy company’s stock valued at $208,000 after buying an additional 5,266 shares in the last quarter. UBS Oconnor LLC boosted its stake in Southwestern Energy by 294.0% in the first quarter. UBS Oconnor LLC now owns 857,670 shares of the energy company’s stock valued at $7,007,000 after buying an additional 640,014 shares in the last quarter. BlackRock Inc. boosted its stake in Southwestern Energy by 2,582.8% in the first quarter. BlackRock Inc. now owns 31,270,589 shares of the energy company’s stock valued at $255,479,000 after buying an additional 30,105,011 shares in the last quarter. Finally, Ngam Advisors L.P. boosted its stake in Southwestern Energy by 75.0% in the first quarter. Ngam Advisors L.P. now owns 42,849 shares of the energy company’s stock valued at $350,000 after buying an additional 18,370 shares in the last quarter. 93.62% of the stock is owned by institutional investors and hedge funds.
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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