What is Southwestern Energy Company's stock symbol?
Southwestern Energy Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "SWN."
Where is Southwestern Energy Company's stock going? Where will Southwestern Energy Company's stock price be in 2017?
26 equities research analysts have issued twelve-month price targets for Southwestern Energy Company's stock. Their predictions range from $5.00 to $47.00. On average, they anticipate Southwestern Energy Company's stock price to reach $14.92 in the next twelve months.
When will Southwestern Energy Company announce their earnings?
Southwestern Energy Company is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.
What are analysts saying about Southwestern Energy Company stock?
Here are some recent quotes from research analysts about Southwestern Energy Company stock:
- KLR Group analysts commented, "We are increasing our SWN target price $2 to $15 per share due to an incremental 10% capital allocation to Appalachia, which corresponds to an approximate 10% improvement in overall capital intensity. Our '17 production outlook of ~899 Bcfe is slightly below the midpoint of company guidance (890-910 Bcfe)." (2/27/2017)
According to Zacks Investment Research, "Southwestern Energy enjoys strong acreage positions in the Fayetteville and Marcellus shales, which offer ample opportunities for newer natural gas discoveries. The company’s initiative to build its New Ventures acreage outside New Brunswick is another positive. Moreover, the massive improvement in both natural gas and oil prices from the historical lows reached during first quarter of 2016 is highly beneficial for the company. The company raised 2016 production guidance in keeping with the improving pricing scenario. Moreover, the company’s strong fundamentals let it to surpass the Zacks Consensus Estimate in three of the last four quarters with an average earnings beat of 19.55%. However, we remain concerned with Southwestern Energy’s high debt level. Also the company underperformed the Zacks categorized Oil & Gas – U.S. Exploration & Production industry over the prior six months." (2/8/2017)
National Securities analysts commented, "We expect steady production growth from Southwestern to be further amplified by increased natural gas prices, moving forward. As such, we maintain our BUY rating and $17 price target. For the quarter, SWN produced 2.3 billion cubic feet equivalent per day (Bcfe/d) in the quarter, maintaining a 91% natural gas weighting. We note that this fell within the range of company guidance, while meeting our own projection of 2.3 Bcfe/d. Moreover, despite a challenging price environment, we note that Southwestern earned realized prices of $3.09 per Mcfe in 3Q16, 33% higher than the prior quarter, while beating our projection of $2.84 per Mcfe by 9%. Our model projects an increase to $3.41 per Mcfe for the upcoming quarter, as we note strengthening natural gas strip prices to close out 2016. Looking to the upcoming quarter, we expect a moderation in production to 2.2 Bcfe per day, but a 5% increase in quarterly revenue, driven by our expectations for higher realized prices.
We continue to see Southwestern shares as undervalued at current levels, and would encourage investors to initiate and/or add to long positions. We note the current stock price of $11.19 per share, along with an 8% sell off following the earnings announcement. We view the sell off as both overdone, as well as an opportunity for new investors to capture additional upside. Indeed, SWN did in fact miss consensus estimates for normalized EPS ($0.03 versus $0.06). Looking forward however, we expect an expansion in 2017 production which should pair well with our expectations for increased realized prices. We note that SWN is currently running 5 rigs, after dropping to zero earlier in the year. We look for SWN to run between 3-5 rigs for 2017.
We arrive at our price target using a blended average of Southwestern’s daily production and base of proved reserves. In doing so, we maintain our target of $17 per share. Additionally, our model adds $2.57 for a working capital surplus, while deducting $6.58 per share for net debt. Given the implied 51% upside, we reiterate our BUY rating. " (10/24/2016)
Who owns Southwestern Energy Company stock?
Southwestern Energy Company's stock is owned by a variety of of retail and institutional investors. Top institutional investors include SailingStone Capital Partners LLC (6.19%), State Street Corp (6.02%), FMR LLC (3.35%), AQR Capital Management LLC (1.54%), Janus Capital Management LLC (0.92%) and Disciplined Growth Investors Inc. MN (0.89%). Company insiders that own Southwestern Energy Company stock include Gregory D Kerley, Jennifer N Mccauley and Robert Craig Owen.
Who sold Southwestern Energy Company stock? Who is selling Southwestern Energy Company stock?
Southwestern Energy Company's stock was sold by a variety of institutional investors in the last quarter, including SailingStone Capital Partners LLC, Dimensional Fund Advisors LP, Oxford Asset Management, A.R.T. Advisors LLC, Ladenburg Thalmann Financial Services Inc., Capstone Investment Advisors LLC, Rafferty Asset Management LLC and Putnam Investments LLC. Company insiders that have sold Southwestern Energy Company stock in the last year include Gregory D Kerley, Jennifer N Mccauley and Robert Craig Owen.
Who bought Southwestern Energy Company stock? Who is buying Southwestern Energy Company stock?
Southwestern Energy Company's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, AQR Capital Management LLC, Janus Capital Management LLC, Marshall Wace LLP, Russell Investments Group Ltd., Allianz Asset Management AG, State Street Corp and DFT Energy LP.
How do I buy Southwestern Energy Company stock?
Shares of Southwestern Energy Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Southwestern Energy Company stock cost?
One share of Southwestern Energy Company stock can currently be purchased for approximately $7.51.