Stifel Nicolaus Raises Southwestern Energy (NYSE:SWN) Price Target to $7.60

Southwestern Energy (NYSE:SWN - Free Report) had its price objective boosted by Stifel Nicolaus from $6.60 to $7.60 in a research note released on Tuesday, Benzinga reports. The brokerage currently has a hold rating on the energy company's stock.

Other research analysts also recently issued research reports about the company. Seaport Res Ptn downgraded Southwestern Energy from a buy rating to a neutral rating in a research note on Wednesday, January 31st. Mizuho upgraded Southwestern Energy from an underperform rating to a neutral rating and upped their price objective for the company from $6.00 to $9.00 in a research note on Monday, February 26th. Citigroup upped their price objective on Southwestern Energy from $8.00 to $8.24 and gave the company a buy rating in a research note on Friday, January 12th. Susquehanna upped their price objective on Southwestern Energy from $7.00 to $7.50 and gave the company a neutral rating in a research note on Monday. Finally, Piper Sandler restated a neutral rating and issued a $7.00 price objective (down previously from $8.00) on shares of Southwestern Energy in a research note on Friday. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of Hold and a consensus price target of $8.14.

Southwestern Energy Stock Down 0.2 %

NYSE SWN traded down $0.02 on Tuesday, reaching $7.39. The company had a trading volume of 12,218,792 shares, compared to its average volume of 17,129,746. The stock has a market capitalization of $8.13 billion, a P/E ratio of 5.24 and a beta of 1.12. The company's fifty day moving average is $7.17 and its 200 day moving average is $6.84. Southwestern Energy has a 52-week low of $4.57 and a 52-week high of $7.69. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.67.

Southwestern Energy (NYSE:SWN - Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The energy company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.04. The business had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.29 billion. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. Southwestern Energy's quarterly revenue was down 49.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.26 EPS. Sell-side analysts anticipate that Southwestern Energy will post 0.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SWN. Kimmeridge Energy Management Company LLC bought a new position in Southwestern Energy in the 4th quarter worth about $120,352,000. FMR LLC boosted its stake in Southwestern Energy by 32.3% in the 3rd quarter. FMR LLC now owns 39,784,990 shares of the energy company's stock worth $256,613,000 after purchasing an additional 9,709,483 shares during the period. Mackenzie Financial Corp boosted its stake in Southwestern Energy by 11,994.8% in the 3rd quarter. Mackenzie Financial Corp now owns 2,803,943 shares of the energy company's stock worth $17,132,000 after purchasing an additional 2,780,760 shares during the period. Invesco Ltd. raised its holdings in shares of Southwestern Energy by 13.7% in the 3rd quarter. Invesco Ltd. now owns 22,735,475 shares of the energy company's stock valued at $146,644,000 after acquiring an additional 2,744,656 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Southwestern Energy by 55.8% in the 4th quarter. Principal Financial Group Inc. now owns 6,330,974 shares of the energy company's stock valued at $41,468,000 after acquiring an additional 2,268,429 shares in the last quarter. Institutional investors own 86.97% of the company's stock.

About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. It operates through two segments, Exploration and Production, and Marketing. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana.