Southwestern Energy (NYSE:SWN) – Equities research analysts at KeyCorp boosted their Q4 2017 earnings per share (EPS) estimates for Southwestern Energy in a research note issued to investors on Monday. KeyCorp analyst D. Deckelbaum now anticipates that the energy company will earn $0.11 per share for the quarter, up from their previous forecast of $0.07. KeyCorp currently has a “Hold” rating on the stock. KeyCorp also issued estimates for Southwestern Energy’s Q1 2019 earnings at $0.33 EPS, Q4 2019 earnings at $0.24 EPS and FY2019 earnings at $1.11 EPS.
Southwestern Energy (NYSE:SWN) last issued its quarterly earnings data on Thursday, October 26th. The energy company reported $0.06 EPS 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 company had revenue of $737.00 million for the quarter, compared to the consensus estimate of $773.99 million. During the same period in the prior year, the company earned $0.03 EPS. The firm’s revenue was up 13.2% compared to the same quarter last year.
Shares of Southwestern Energy (NYSE SWN) opened at $5.31 on Tuesday. Southwestern Energy has a fifty-two week low of $4.90 and a fifty-two week high of $9.93. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.66. The company has a market cap of $3,019.37, a PE ratio of 8.43 and a beta of 1.23.
Several hedge funds and other institutional investors have recently modified their holdings of SWN. Eaton Vance Management boosted its stake in shares of Southwestern Energy by 1.9% in the 2nd quarter. Eaton Vance Management now owns 77,522 shares of the energy company’s stock valued at $471,000 after purchasing an additional 1,445 shares during the last quarter. Teachers Advisors LLC boosted its stake in shares of Southwestern Energy by 37.3% in the 2nd quarter. Teachers Advisors LLC now owns 887,960 shares of the energy company’s stock valued at $5,399,000 after purchasing an additional 241,247 shares during the last quarter. TIAA CREF Investment Management LLC boosted its stake in shares of Southwestern Energy by 7.9% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 1,696,345 shares of the energy company’s stock valued at $10,314,000 after purchasing an additional 124,031 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Southwestern Energy by 85.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,570,697 shares of the energy company’s stock worth $9,550,000 after acquiring an additional 724,639 shares during the last quarter. Finally, Nationwide Fund Advisors boosted its stake in Southwestern Energy by 137.5% during the 2nd quarter. Nationwide Fund Advisors now owns 1,321,491 shares of the energy company’s stock worth $8,035,000 after acquiring an additional 765,069 shares during the last quarter. 77.10% of the stock is currently owned by institutional investors.
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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.
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