Southwestern Energy (NYSE:SWN) – Seaport Global Securities decreased their FY2017 earnings per share estimates for shares of Southwestern Energy in a report released on Tuesday. Seaport Global Securities analyst M. Kelly now expects that the energy company will post earnings per share of $0.37 for the year, down from their previous estimate of $0.47. Seaport Global Securities also issued estimates for Southwestern Energy’s Q4 2017 earnings at $0.06 EPS, Q1 2018 earnings at $0.18 EPS, Q2 2018 earnings at $0.15 EPS, Q3 2018 earnings at $0.16 EPS, Q4 2018 earnings at $0.23 EPS and FY2018 earnings at $0.73 EPS.

A number of other brokerages have also weighed in on SWN. KeyCorp reissued a “hold” rating on shares of Southwestern Energy in a research note on Friday, November 10th. Mizuho lowered Southwestern Energy from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 21st. BMO Capital Markets set a $9.00 price target on Southwestern Energy and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Robert W. Baird reissued a “hold” rating and set a $8.00 price target on shares of Southwestern Energy in a research note on Tuesday, September 26th. Finally, Wolfe Research raised Southwestern Energy from an “underperform” rating to a “market perform” rating and increased their price target for the stock from $6.00 to $7.00 in a research note on Wednesday, September 20th. Five research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $8.95.

Southwestern Energy (SWN) opened at $5.41 on Thursday. Southwestern Energy has a 52 week low of $4.90 and a 52 week high of $9.93. The firm has a market capitalization of $2,770.00, a price-to-earnings ratio of 8.73 and a beta of 1.23. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.66.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings results on Thursday, October 26th. The energy company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Southwestern Energy had a return on equity of 23.99% and a net margin of 16.31%. The business had revenue of $737.00 million for the quarter, compared to analysts’ expectations of $773.99 million. During the same period in the prior year, the company earned $0.03 EPS. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year.

Institutional investors and hedge funds have recently modified their holdings of the stock. Shell Asset Management Co. purchased a new position in shares of Southwestern Energy in the 3rd quarter worth $1,880,000. Brookfield Asset Management Inc. acquired a new stake in Southwestern Energy in the 2nd quarter valued at $3,040,000. Ameriprise Financial Inc. increased its holdings in Southwestern Energy by 85.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,570,697 shares of the energy company’s stock valued at $9,550,000 after purchasing an additional 724,639 shares in the last quarter. AMG National Trust Bank increased its holdings in Southwestern Energy by 325.5% in the 3rd quarter. AMG National Trust Bank now owns 258,138 shares of the energy company’s stock valued at $1,578,000 after purchasing an additional 197,465 shares in the last quarter. Finally, Van Hulzen Asset Management LLC acquired a new stake in Southwestern Energy in the 3rd quarter valued at $272,000. 88.55% of the stock is currently owned by institutional investors and hedge funds.

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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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