Southwestern Energy (SWN) Short Interest Up 7.6% in November

Southwestern Energy (NYSE:SWN) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 44,851,033 shares, an increase of 7.6% from the November 15th total of 41,699,015 shares. Based on an average trading volume of 13,061,269 shares, the short-interest ratio is currently 3.4 days. Currently, 8.8% of the shares of the stock are sold short.

A number of hedge funds have recently modified their holdings of SWN. Zacks Investment Management purchased a new stake in shares of Southwestern Energy during the 2nd quarter worth $105,000. Cetera Investment Advisers purchased a new stake in shares of Southwestern Energy during the 2nd quarter worth $108,000. MML Investors Services LLC lifted its position in shares of Southwestern Energy by 5.3% during the 2nd quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock worth $109,000 after purchasing an additional 900 shares during the last quarter. Sciencast Management LP purchased a new stake in shares of Southwestern Energy during the 2nd quarter worth $126,000. Finally, HRT Financial LLC purchased a new stake in shares of Southwestern Energy during the 2nd quarter worth $127,000. 88.52% of the stock is owned by institutional investors.

A number of research firms have commented on SWN. Robert W. Baird reiterated a “hold” rating and issued a $8.00 price objective on shares of Southwestern Energy in a report on Tuesday, September 26th. Royal Bank of Canada set a $7.00 price target on shares of Southwestern Energy and gave the stock a “hold” rating in a report on Wednesday. Credit Suisse Group began coverage on shares of Southwestern Energy in a report on Monday, December 11th. They set a “neutral” rating and a $6.00 price target for the company. BMO Capital Markets set a $9.00 price target on shares of Southwestern Energy and gave the stock a “buy” rating in a report on Tuesday, November 14th. Finally, Piper Jaffray Companies set a $6.00 price target on shares of Southwestern Energy and gave the stock a “hold” rating in a report on Thursday, October 19th. Five equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have given a buy rating to the company’s stock. Southwestern Energy has an average rating of “Hold” and an average price target of $8.90.

Southwestern Energy (NYSE:SWN) opened at $5.34 on Friday. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.88 and a quick ratio of 1.88. Southwestern Energy has a 1 year low of $4.90 and a 1 year high of $11.36. The company has a market cap of $2,740.00, a P/E ratio of 12.95 and a beta of 1.23.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings results on Thursday, October 26th. The energy company reported $0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.01). Southwestern Energy had a net margin of 16.31% and a return on equity of 23.99%. The business had revenue of $737.00 million during the quarter, compared to analysts’ expectations of $773.99 million. During the same period in the prior year, the business earned $0.03 EPS. The business’s quarterly revenue was up 13.2% on a year-over-year basis. equities research analysts forecast that Southwestern Energy will post 0.44 earnings per share for the current fiscal year.

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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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