Southwestern Energy Company (NYSE:SWN) – Equities researchers at KeyCorp cut their Q3 2017 earnings per share (EPS) estimates for Southwestern Energy in a report issued on Thursday. KeyCorp analyst D. Deckelbaum now forecasts that the energy company will post earnings per share of $0.06 for the quarter, down from their previous forecast of $0.12.

Several other brokerages have also recently issued reports on SWN. Scotiabank set a $9.00 price target on Southwestern Energy and gave the company a “hold” rating in a research report on Saturday, July 1st. BidaskClub upgraded Southwestern Energy from a “strong sell” rating to a “sell” rating in a research report on Thursday. Barclays PLC restated an “equal weight” rating and issued a $9.00 price target (down previously from $10.00) on shares of Southwestern Energy in a research report on Saturday, April 22nd. Zacks Investment Research cut Southwestern Energy from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, Iberia Capital boosted their price target on Southwestern Energy from $9.00 to $10.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 2nd. Five equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $12.65.

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Southwestern Energy (NYSE:SWN) opened at 5.28 on Monday. The stock’s market cap is $2.61 billion. Southwestern Energy has a 12 month low of $5.00 and a 12 month high of $15.59. The firm’s 50-day moving average price is $5.90 and its 200-day moving average price is $7.33.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings results on Thursday, August 3rd. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by $0.08. The business had revenue of $811 million for the quarter, compared to analysts’ expectations of $810 million. Southwestern Energy had a positive return on equity of 27.85% and a negative net margin of 9.46%. The business’s revenue for the quarter was up 55.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.09) EPS.

Large investors have recently bought and sold shares of the stock. Cleararc Capital Inc. raised its stake in Southwestern Energy by 2.2% in the first quarter. Cleararc Capital Inc. now owns 12,185 shares of the energy company’s stock worth $100,000 after buying an additional 261 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in Southwestern Energy by 0.4% in the second quarter. Public Employees Retirement Association of Colorado now owns 92,056 shares of the energy company’s stock worth $560,000 after buying an additional 341 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in Southwestern Energy by 4.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 16,680 shares of the energy company’s stock worth $180,000 after buying an additional 650 shares during the last quarter. Advantus Capital Management Inc raised its stake in Southwestern Energy by 1.8% in the first quarter. Advantus Capital Management Inc now owns 50,051 shares of the energy company’s stock worth $409,000 after buying an additional 863 shares during the last quarter. Finally, Comerica Bank raised its stake in Southwestern Energy by 0.8% in the first quarter. Comerica Bank now owns 152,631 shares of the energy company’s stock worth $1,171,000 after buying an additional 1,149 shares during the last quarter. 92.99% of the stock is currently owned by hedge funds and other institutional investors.

Southwestern Energy Company Profile

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.

Earnings History and Estimates for Southwestern Energy (NYSE:SWN)

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