Southwestern Energy Company (NYSE:SWN) – Stock analysts at Jefferies Group decreased their FY2017 earnings per share estimates for Southwestern Energy in a report released on Monday. Jefferies Group analyst Z. Parham now forecasts that the energy company will post earnings per share of $0.71 for the year, down from their previous forecast of $0.81. Jefferies Group also issued estimates for Southwestern Energy’s Q1 2019 earnings at $0.31 EPS, Q2 2019 earnings at $0.25 EPS and Q3 2019 earnings at $0.26 EPS.
SWN has been the subject of several other reports. Scotiabank set a $9.00 target price on Southwestern Energy and gave the company a “hold” rating in a report on Saturday, July 1st. Cowen and Company restated a “buy” rating and set a $9.00 target price on shares of Southwestern Energy in a report on Tuesday, September 12th. BidaskClub upgraded Southwestern Energy from a “strong sell” rating to a “sell” rating in a report on Thursday, August 3rd. Zacks Investment Research cut Southwestern Energy from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Finally, Wolfe Research upgraded Southwestern Energy from an “underperform” rating to a “market perform” rating and increased their target price for the company from $6.00 to $7.00 in a report on Wednesday, September 20th. Five analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have given a buy rating to the company. Southwestern Energy has a consensus rating of “Hold” and an average target price of $11.65.
Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, August 3rd. The energy company reported $0.08 EPS for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.08). The company had revenue of $811.00 million during the quarter, compared to analyst estimates of $810.00 million. Southwestern Energy had a positive return on equity of 25.19% and a negative net margin of 9.46%. Southwestern Energy’s revenue was up 55.4% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.09) earnings per share.
Large investors have recently made changes to their positions in the company. Tudor Investment Corp ET AL bought a new position in shares of Southwestern Energy in the 1st quarter worth approximately $102,000. Zacks Investment Management bought a new position in shares of Southwestern Energy in the 2nd quarter worth approximately $105,000. Cetera Investment Advisers bought a new position in shares of Southwestern Energy in the 2nd quarter worth approximately $108,000. MML Investors Services LLC raised its position in shares of Southwestern Energy by 5.3% in the 2nd quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock worth $109,000 after acquiring an additional 900 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of Southwestern Energy in the 1st quarter worth approximately $111,000. 89.54% of the stock is 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.
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