Southwestern Energy (SWN) Scheduled to Post Quarterly Earnings on Thursday

Southwestern Energy (NYSE:SWN) will be announcing its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.13 per share for the quarter.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $1.69 billion for 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%. The firm’s revenue was down 49.9% on a year-over-year basis. During the same period last year, the company earned $0.26 EPS. On average, analysts expect Southwestern Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Southwestern Energy Trading Up 0.5 %

NYSE SWN opened at $7.75 on Tuesday. Southwestern Energy has a 12 month low of $4.57 and a 12 month high of $7.79. The stock has a 50-day simple moving average of $7.26 and a 200 day simple moving average of $6.87. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $8.54 billion, a PE ratio of 5.50 and a beta of 1.12.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Piper Sandler reaffirmed a “neutral” rating and issued a $7.00 price target (down from $8.00) on shares of Southwestern Energy in a research note on Friday, April 19th. UBS Group boosted their price target on shares of Southwestern Energy from $6.00 to $6.25 and gave the company a “neutral” rating in a report on Thursday, January 18th. Seaport Res Ptn downgraded Southwestern Energy from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Stifel Nicolaus increased their price target on Southwestern Energy from $6.60 to $7.60 and gave the stock a “hold” rating in a report on Tuesday, April 23rd. Finally, Mizuho upgraded Southwestern Energy from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $6.00 to $9.00 in a report on Monday, February 26th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $8.14.

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.