Southwestern Energy Company (SWN) Receives Buy Rating from Stifel Nicolaus

Stifel Nicolaus reissued their buy rating on shares of Southwestern Energy Company (NYSE:SWN) in a report published on Thursday morning.

A number of other equities research analysts have also recently issued reports on the company. Royal Bank Of Canada set a $10.00 price objective on Southwestern Energy and gave the stock a hold rating in a report on Saturday, June 10th. Scotiabank set a $9.00 price objective on Southwestern Energy and gave the stock a hold rating in a report on Saturday, July 1st. BidaskClub upgraded Southwestern Energy from a strong sell rating to a sell rating in a report on Tuesday, June 27th. Barclays PLC restated a hold rating and set a $6.00 price objective on shares of Southwestern Energy in a report on Friday, July 7th. Finally, BMO Capital Markets restated a buy rating and set a $8.00 price objective on shares of Southwestern Energy in a report on Tuesday, June 27th. Five equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $12.33.

Southwestern Energy (NYSE:SWN) traded down 2.54% during trading on Thursday, reaching $5.76. The company’s stock had a trading volume of 10,550,103 shares. The stock’s market cap is $2.87 billion. The firm’s 50-day moving average is $5.44 and its 200-day moving average is $6.55. Southwestern Energy has a 52-week low of $5.00 and a 52-week high of $14.98.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, August 3rd. The energy company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.08). Southwestern Energy had a positive return on equity of 25.19% and a negative net margin of 9.46%. The business had revenue of $811.00 million for the quarter, compared to the consensus estimate of $810.00 million. During the same quarter in the previous year, the business posted ($0.09) EPS. The company’s revenue for the quarter was up 55.4% on a year-over-year basis. Equities research analysts forecast that Southwestern Energy will post $0.54 EPS for the current year.

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Institutional investors and hedge funds have recently made changes to their positions in the business. Whittier Trust Co. raised its position in Southwestern Energy by 2.4% during the second quarter. Whittier Trust Co. now owns 71,533 shares of the energy company’s stock valued at $435,000 after purchasing an additional 1,701 shares in the last quarter. UBS Oconnor LLC raised its position in Southwestern Energy by 294.0% during the first quarter. UBS Oconnor LLC now owns 857,670 shares of the energy company’s stock valued at $7,007,000 after purchasing an additional 640,014 shares in the last quarter. Airain ltd raised its position in Southwestern Energy by 4.6% during the second quarter. Airain ltd now owns 423,311 shares of the energy company’s stock valued at $2,574,000 after purchasing an additional 18,730 shares in the last quarter. BlackRock Inc. raised its position in Southwestern Energy by 2,582.8% during the first quarter. BlackRock Inc. now owns 31,270,589 shares of the energy company’s stock valued at $255,479,000 after purchasing an additional 30,105,011 shares in the last quarter. Finally, Ngam Advisors L.P. raised its position in Southwestern Energy by 75.0% during the first quarter. Ngam Advisors L.P. now owns 42,849 shares of the energy company’s stock valued at $350,000 after purchasing an additional 18,370 shares in the last quarter. Institutional investors and hedge funds own 89.57% of the company’s stock.

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.

Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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