The stock of Southwestern Energy Company (NYSE:SWN) is a huge mover today! The stock increased 4.85% or $0.64 during the last trading session, hitting $13.84. About 12.67M shares traded hands or 17.53% up from the average. Southwestern Energy Company (NYSE:SWN) has risen 106.90% since February 26, 2016 and is uptrending. It has outperformed by 96.47% the S&P500.
The move comes after 6 months positive chart setup for the $6.72B company. It was reported on Sep, 30 by Barchart.com. We have $16.88 PT which if reached, will make NYSE:SWN worth $1.48 billion more.
Analysts await Southwestern Energy Company (NYSE:SWN) to report earnings on October, 27. They expect $0.10 EPS, up 900.00% or $0.09 from last year’s $0.01 per share. SWN’s profit will be $48.55M for 34.60 P/E if the $0.10 EPS becomes a reality. After $-0.09 actual EPS reported by Southwestern Energy Company for the previous quarter, Wall Street now forecasts -211.11% EPS growth.
Southwestern Energy Company (NYSE:SWN) Ratings Coverage
Out of 20 analysts covering Southwestern Energy Company (NYSE:SWN), 5 rate it a “Buy”, 5 “Sell”, while 10 “Hold”. This means 25% are positive. Southwestern Energy Company has been the topic of 56 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Citigroup maintained it with “Neutral” rating and $8 target price in Thursday, April 7 report. The rating was reinitiated by GMP Securities with “Hold” on Wednesday, September 28. The firm has “Market Perform” rating given on Monday, April 25 by Cowen & Co. The stock has “Outperform” rating given by Cowen & Co on Tuesday, July 21. The stock of Southwestern Energy Company (NYSE:SWN) earned “Neutral” rating by Credit Suisse on Tuesday, September 8. RBC Capital Markets maintained the shares of SWN in a report on Wednesday, June 15 with “Sector Perform” rating. The stock of Southwestern Energy Company (NYSE:SWN) earned “Neutral” rating by JP Morgan on Friday, July 22. On Tuesday, December 15 the stock rating was upgraded by JP Morgan to “Overweight”. The company was initiated on Thursday, August 27 by Wells Fargo. Citigroup maintained Southwestern Energy Company (NYSE:SWN) on Monday, September 14 with “Neutral” rating.
According to Zacks Investment Research, “Southwestern Energy Company is an energy company primarily focused on natural gas. They are involved in the following business segments: Exploration and Production – Engaged in natural gas and oil exploration, development and production. This represents their primary business; Natural Gas Distribution – Engaged in the gathering, distribution and transmission of natural gas; Marketing and Transportation – Provides marketing and transportation services in their core areas of operation and owns a 25% interest in the NOARK Pipeline System, Limited Partnership.”
Insitutional Activity: The institutional sentiment increased to 1.22 in 2016 Q2. Its up 0.31, from 0.91 in 2016Q1. The ratio is positive, as 56 funds sold all Southwestern Energy Company shares owned while 113 reduced positions. 91 funds bought stakes while 116 increased positions. They now own 467.85 million shares or 8.35% more from 431.79 million shares in 2016Q1.
Energ Opportunities Capital Ltd owns 223,214 shares or 0.85% of their US portfolio. Moreover, Ubs Oconnor Limited Liability Corporation has 0% invested in Southwestern Energy Company (NYSE:SWN) for 1.45M shares. The Florida-based State Board Of Administration Of Florida Retirement System has invested 0.02% in Southwestern Energy Company (NYSE:SWN). Checchi Cap Advisers Limited Company last reported 0.01% of its portfolio in the stock. Vertex One Asset last reported 100,000 shares in the company. Parkwood Ltd holds 0.54% or 247,444 shares in its portfolio. Carroll Finance holds 0.03% of its portfolio in Southwestern Energy Company (NYSE:SWN) for 12,750 shares. Moore Management L P holds 0.57% or 1.15 million shares in its portfolio. Senator Inv Limited Partnership last reported 1.41% of its portfolio in the stock. Grantham Mayo Van Otterloo & Communication Ltd reported 14,900 shares or 0% of all its holdings. Everpoint Asset Management Ltd Co, a Connecticut-based fund reported 175,000 shares. Northern Trust, a Illinois-based fund reported 4.24 million shares. Chevy Chase Tru Hldgs, a Maryland-based fund reported 404,836 shares. Zacks Mngmt last reported 0.02% of its portfolio in the stock. Pacad, a British Columbia – Canada-based fund reported 147,618 shares.
Insider Transactions: Since September 20, 2016, the stock had 0 insider purchases, and 1 sale for $172,085 net activity. On Tuesday, September 20 KERLEY GREGORY D sold $172,085 worth of the stock or 12,000 shares.
Another recent and important Southwestern Energy Company (NYSE:SWN) news was published by Nasdaq.com which published an article titled: “Commit To Buy Southwestern Energy Company At $8, Earn 11.1% Using Options” on September 20, 2016.
SWN Company Profile
Southwestern Energy Company, incorporated on February 24, 2006, is an independent energy firm engaged in natural gas and oil exploration, development and production. The Firm operates through two divisions: Exploration and Production (E&P) and Midstream Services. The Company’s activities are principally focused on the development of unconventional natural gas reservoirs located in Pennsylvania, West Virginia and Arkansas.
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