Southwestern Energy (SWN) Bonds Trading 0.5% Higher

An issue of Southwestern Energy (NYSE:SWN) debt rose 0.5% as a percentage of its face value during trading on Friday. The high-yield debt issue has a 7.75% coupon and will mature on October 1, 2027. The bonds in the issue are now trading at $105.13. Price moves in a company’s debt in credit markets sometimes predict parallel moves in its stock price.

Several equities research analysts have commented on SWN shares. Citigroup cut shares of Southwestern Energy from a “buy” rating to a “neutral” rating and set a $8.00 price target on the stock. in a research report on Tuesday, April 17th. Morgan Stanley dropped their price target on shares of Southwestern Energy from $2.50 to $2.00 and set an “underweight” rating on the stock in a research report on Friday, April 20th. Jefferies Financial Group reiterated a “hold” rating and issued a $4.50 price target on shares of Southwestern Energy in a research report on Thursday, April 26th. ValuEngine cut shares of Southwestern Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Finally, Stifel Nicolaus started coverage on shares of Southwestern Energy in a research report on Tuesday, May 22nd. They issued a “hold” rating and a $4.30 price target on the stock. Eight analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company’s stock. Southwestern Energy has an average rating of “Hold” and a consensus target price of $6.09.

Southwestern Energy traded up $0.14, hitting $5.56, on Friday, according to MarketBeat. 18,124,219 shares of the company were exchanged, compared to its average volume of 16,396,458. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.59. The company has a market cap of $3.18 billion, a PE ratio of 12.64 and a beta of 0.76. Southwestern Energy has a twelve month low of $3.42 and a twelve month high of $6.72.



Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, August 2nd. The energy company reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.02. Southwestern Energy had a return on equity of 17.78% and a net margin of 18.37%. The firm had revenue of $816.00 million for the quarter, compared to the consensus estimate of $809.41 million. During the same quarter in the previous year, the company earned $0.08 EPS. The business’s revenue for the quarter was up .6% compared to the same quarter last year. research analysts forecast that Southwestern Energy will post 0.85 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the business. Raymond James & Associates grew its stake in shares of Southwestern Energy by 40.5% in the 4th quarter. Raymond James & Associates now owns 300,043 shares of the energy company’s stock valued at $1,674,000 after buying an additional 86,417 shares in the last quarter. Teachers Advisors LLC lifted its holdings in Southwestern Energy by 4.4% in the 4th quarter. Teachers Advisors LLC now owns 596,460 shares of the energy company’s stock worth $3,328,000 after purchasing an additional 25,000 shares during the last quarter. FDx Advisors Inc. lifted its holdings in Southwestern Energy by 41.7% in the 1st quarter. FDx Advisors Inc. now owns 137,977 shares of the energy company’s stock worth $597,000 after purchasing an additional 40,599 shares during the last quarter. Rhumbline Advisers lifted its holdings in Southwestern Energy by 3.2% in the 1st quarter. Rhumbline Advisers now owns 910,956 shares of the energy company’s stock worth $3,944,000 after purchasing an additional 28,050 shares during the last quarter. Finally, NuWave Investment Management LLC lifted its holdings in Southwestern Energy by 86.6% in the 1st quarter. NuWave Investment Management LLC now owns 39,088 shares of the energy company’s stock worth $172,000 after purchasing an additional 18,135 shares during the last quarter. 85.68% of the stock is currently owned by institutional investors.

About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

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