The stock of Southwestern Energy Company (NYSE:SWN) is a huge mover today! About 4.98 million shares traded hands. Southwestern Energy Company (NYSE:SWN) has risen 70.50% since March 11, 2016 and is uptrending. It has outperformed by 65.04% the S&P500.
The move comes after 7 months negative chart setup for the $6.68 billion company. It was reported on Oct, 14 by Barchart.com. We have $12.06 PT which if reached, will make NYSE:SWN worth $601.20M less.
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 $50.42M for 33.13 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 21 analysts covering Southwestern Energy Company (NYSE:SWN), 6 rate it a “Buy”, 5 “Sell”, while 10 “Hold”. This means 29% are positive. Southwestern Energy Company has been the topic of 57 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Market Perform” rating on Monday, April 25 by Cowen & Co. The stock of Southwestern Energy Company (NYSE:SWN) has “Underweight” rating given on Tuesday, June 14 by Barclays Capital. The stock has “Overweight” rating given by JP Morgan on Tuesday, December 15. As per Thursday, February 18, the company rating was initiated by Drexel Hamilton. On Wednesday, March 30 the stock rating was downgraded by Seaport Global to “Sell”. JP Morgan downgraded the stock to “Underweight” rating in Friday, April 15 report. UBS downgraded the shares of SWN in a report on Tuesday, April 19 to “Sell” rating. The rating was downgraded by Suntrust Robinson to “Neutral” on Tuesday, February 2. The rating was maintained by RBC Capital Markets on Monday, October 26 with “Sector Perform”. Credit Suisse upgraded the shares of SWN in a report on Tuesday, September 8 to “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 Q2 2016. 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.
Kanaly holds 20,866 shares or 0.05% of its portfolio. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys holds 0.01% or 37,897 shares in its portfolio. Parametric Assocs Lc last reported 3.83 million shares in the company. The Alabama-based Zweig has invested 0.44% in Southwestern Energy Company (NYSE:SWN). Swiss Financial Bank reported 1.09M shares or 0.02% of all its holdings. Hartford Invest Management Communications owns 111,809 shares or 0.03% of their US portfolio. Peak6 Invs L P has 0% invested in the company for 19,342 shares. First Quadrant Limited Partnership Ca holds 0% of its portfolio in Southwestern Energy Company (NYSE:SWN) for 5,000 shares. Cannell Peter B Incorporated, a New York-based fund reported 495,062 shares. Point72 Asset Management L P, a Connecticut-based fund reported 4.72M shares. Brc Inv Mngmt Ltd accumulated 0.11% or 50,672 shares. Comerica Retail Bank owns 113,287 shares or 0.01% of their US portfolio. The New York-based Blackrock has invested 0.01% in Southwestern Energy Company (NYSE:SWN). The Ohio-based Meeder Asset Management Inc has invested 0.06% in Southwestern Energy Company (NYSE:SWN). Strs Ohio last reported 0.02% of its portfolio in the stock.
Insider Transactions: Since September 20, 2016, the stock had 0 buys, and 1 sale for $172,085 net activity. The insider KERLEY GREGORY D sold $172,085.
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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