Southwestern Energy Co. (NYSE:SWN) traded down 2.9% during mid-day trading on Thursday . The company traded as low as $13.44 and last traded at $13.56, with a volume of 5,629,687 shares trading hands. The stock had previously closed at $13.96.

A number of equities research analysts have recently issued reports on the company. Vetr lowered Southwestern Energy from a “strong-buy” rating to a “buy” rating and set a $13.92 target price for the company. in a research note on Wednesday, May 25th. Simmons reissued a “neutral” rating and issued a $12.00 price target (up previously from $10.00) on shares of Southwestern Energy in a report on Tuesday, April 26th. Citigroup Inc. increased their price target on Southwestern Energy from $7.50 to $8.00 and gave the company a “neutral” rating in a report on Thursday, April 7th. Barclays PLC reissued an “underweight” rating and issued a $8.00 price target (up previously from $7.00) on shares of Southwestern Energy in a report on Friday, July 1st. Finally, BMO Capital Markets reissued a “hold” rating on shares of Southwestern Energy in a report on Monday, April 18th. Seven equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Southwestern Energy presently has an average rating of “Hold” and an average price target of $10.45.

The company has a 50 day moving average of $13.42 and a 200 day moving average of $10.05. The firm’s market capitalization is $5.18 billion.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, April 21st. The energy company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.13. The company had revenue of $579 million for the quarter, compared to analysts’ expectations of $540.03 million. The business’s revenue was down 37.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.22 EPS. Equities analysts expect that Southwestern Energy Co. will post ($0.14) EPS for the current year.

Other hedge funds recently made changes to their positions in the company. State of Tennessee Treasury Department increased its stake in shares of Southwestern Energy by 137.3% in the fourth quarter. State of Tennessee Treasury Department now owns 10,906,067 shares of the energy company’s stock worth $77,542,000 after buying an additional 6,310,094 shares during the last quarter. Zweig DiMenna Associates LLC increased its position in Southwestern Energy by 50.6% in the fourth quarter. Zweig DiMenna Associates LLC now owns 319,250 shares of the energy company’s stock worth $2,270,000 after buying an additional 107,250 shares during the last quarter. Guinness Asset Management Ltd increased its position in Southwestern Energy by 38.4% in the fourth quarter. Guinness Asset Management Ltd now owns 689,538 shares of the energy company’s stock worth $4,903,000 after buying an additional 191,138 shares during the last quarter. Andra AP fonden increased its position in Southwestern Energy by 326.9% in the fourth quarter. Andra AP fonden now owns 206,600 shares of the energy company’s stock worth $1,469,000 after buying an additional 158,200 shares during the last quarter. Finally, Schroder Investment Management Group increased its position in Southwestern Energy by 31.0% in the fourth quarter. Schroder Investment Management Group now owns 2,004,593 shares of the energy company’s stock worth $14,252,000 after buying an additional 474,815 shares during the last quarter.

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production (E&P). The Company is focused on creating and capturing additional value through its natural gas gathering and marketing businesses, which it refer to as Midstream Services. The Company conducts its business through subsidiaries.

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