Southwestern Energy (NYSE:SWN) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Southwestern Energy (NYSE:SWN) in a report released on Sunday morning. The firm issued a hold rating on the energy company’s stock.

Several other equities research analysts have also commented on the stock. Susquehanna cut their price target on shares of Southwestern Energy from $8.00 to $7.00 and set a neutral rating on the stock in a research note on Monday, July 22nd. Piper Sandler cut their price target on shares of Southwestern Energy from $7.00 to $6.00 and set a neutral rating on the stock in a research note on Thursday, August 15th. Stifel Nicolaus lifted their price target on shares of Southwestern Energy from $6.60 to $7.60 and gave the stock a hold rating in a research note on Tuesday, April 23rd. Mizuho lifted their price target on shares of Southwestern Energy from $9.00 to $10.00 and gave the stock a neutral rating in a research note on Monday, May 13th. Finally, Wolfe Research assumed coverage on shares of Southwestern Energy in a research note on Thursday, July 18th. They issued a peer perform rating on the stock. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of Hold and a consensus price target of $8.27.

Southwestern Energy Price Performance

Shares of SWN opened at $6.29 on Friday. Southwestern Energy has a twelve month low of $5.85 and a twelve month high of $7.80. The firm’s fifty day simple moving average is $6.60 and its 200-day simple moving average is $6.99. The firm has a market capitalization of $6.93 billion, a price-to-earnings ratio of -3.61 and a beta of 1.17. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.01.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, August 1st. The energy company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. Southwestern Energy had a negative net margin of 48.91% and a positive return on equity of 10.55%. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period last year, the business earned $0.09 EPS. Southwestern Energy’s revenue for the quarter was down 14.7% compared to the same quarter last year. Equities analysts forecast that Southwestern Energy will post 0.6 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in SWN. Rise Advisors LLC acquired a new position in shares of Southwestern Energy during the first quarter worth about $25,000. Parkside Financial Bank & Trust increased its stake in shares of Southwestern Energy by 481.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock worth $30,000 after acquiring an additional 3,854 shares during the period. Pingora Partners LLC acquired a new position in shares of Southwestern Energy during the fourth quarter worth about $30,000. Larson Financial Group LLC increased its stake in shares of Southwestern Energy by 4,752.1% during the second quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock worth $40,000 after acquiring an additional 5,750 shares during the period. Finally, Fidelis Capital Partners LLC acquired a new position in shares of Southwestern Energy during the first quarter worth about $43,000. 86.97% of the stock is currently owned by institutional investors and hedge funds.

About Southwestern Energy

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.