Southwestern Energy Company (NYSE:SWN) – Research analysts at KeyCorp cut their FY2017 EPS estimates for Southwestern Energy in a note issued to investors on Wednesday. KeyCorp analyst D. Deckelbaum now anticipates that the energy company will earn $0.45 per share for the year, down from their prior forecast of $0.49. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Southwestern Energy’s Q2 2018 earnings at $0.17 EPS.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, August 3rd. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.08). The company had revenue of $811.00 million during the quarter, compared to the consensus estimate of $810.00 million. Southwestern Energy had a negative net margin of 9.46% and a positive return on equity of 25.19%. The business’s revenue was up 55.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.09) earnings per share.

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SWN has been the topic of several other reports. Citigroup Inc. decreased their price objective on shares of Southwestern Energy from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Friday, July 21st. Royal Bank Of Canada reaffirmed a “hold” rating and set a $10.00 price objective on shares of Southwestern Energy in a report on Friday, July 14th. Barclays PLC reaffirmed a “hold” rating and set a $6.00 price objective on shares of Southwestern Energy in a report on Friday, July 7th. Piper Jaffray Companies decreased their price objective on shares of Southwestern Energy from $8.00 to $6.00 and set a “neutral” rating on the stock in a report on Monday, September 18th. Finally, BidaskClub downgraded shares of Southwestern Energy from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Six investment 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 presently has an average rating of “Hold” and a consensus price target of $11.33.

Shares of Southwestern Energy (NYSE SWN) opened at 5.38 on Friday. The firm has a 50-day moving average of $5.84 and a 200-day moving average of $6.23. The company’s market capitalization is $2.68 billion. Southwestern Energy has a one year low of $5.00 and a one year high of $12.85.

Institutional investors and hedge funds have recently made changes to their positions in the business. Whittier Trust Co. increased its position in shares of Southwestern Energy by 2.4% during the second quarter. Whittier Trust Co. now owns 71,533 shares of the energy company’s stock valued at $435,000 after acquiring an additional 1,701 shares during the last quarter. UBS Oconnor LLC increased its position in shares of Southwestern Energy by 294.0% during the first quarter. UBS Oconnor LLC now owns 857,670 shares of the energy company’s stock valued at $7,007,000 after acquiring an additional 640,014 shares during the last quarter. Airain ltd increased its position in shares of Southwestern Energy by 4.6% during the second quarter. Airain ltd now owns 423,311 shares of the energy company’s stock valued at $2,574,000 after acquiring an additional 18,730 shares during the last quarter. BlackRock Inc. increased its position in shares of Southwestern Energy by 2,582.8% during the first quarter. BlackRock Inc. now owns 31,270,589 shares of the energy company’s stock valued at $255,479,000 after acquiring an additional 30,105,011 shares during the last quarter. Finally, Ngam Advisors L.P. increased its position in shares of Southwestern Energy by 75.0% during the first quarter. Ngam Advisors L.P. now owns 42,849 shares of the energy company’s stock valued at $350,000 after acquiring an additional 18,370 shares during the last quarter. Institutional investors and hedge funds own 89.51% of the company’s stock.

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.

Earnings History and Estimates for Southwestern Energy (NYSE:SWN)

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