Will Southwestern Energy Company Go Down Anytime Soon? Option Trader Doubt That

 Will Southwestern Energy Company Go Down Anytime Soon? Option Trader Doubt That

In today’s session Southwestern Energy Company (SWN) registered an unusually high (1,145) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious SWN increase. With 1,145 contracts traded and 48434 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: SWN161021C00015000 closed last at: $0.35 or 75% up. The stock decreased 1.15% or $0.16 during the last trading session, hitting $13.74. About 8.98M shares traded hands. Southwestern Energy Company (NYSE:SWN) has risen 147.33% since March 1, 2016 and is uptrending. It has outperformed by 138.09% the S&P500.

Analysts await Southwestern Energy Company (NYSE:SWN) to report earnings on October, 27. They expect $0.10 earnings per share, up 900.00% or $0.09 from last year’s $0.01 per share. SWN’s profit will be $49.56 million for 34.35 P/E if the $0.10 EPS becomes a reality. After $-0.09 actual earnings per share reported by Southwestern Energy Company for the previous quarter, Wall Street now forecasts -211.11% EPS growth.

Southwestern Energy Company (NYSE:SWN) Ratings Coverage

Out of 20 analysts covering Southwestern Energy Company (NYSE:SWN), 5 rate it a “Buy”, 5 “Sell”, while 10 “Hold”. This means 25% are positive. Southwestern Energy Company has been the topic of 56 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Sterne Agee CRT downgraded the shares of SWN in a report on Tuesday, November 17 to “Underperform” rating. The firm has “Hold” rating by Zacks given on Sunday, August 16. Seaport Global downgraded Southwestern Energy Company (NYSE:SWN) on Wednesday, March 30 to “Sell” rating. The firm has “Hold” rating by KLR Group given on Tuesday, June 7. The firm earned “Overweight” rating on Monday, October 26 by Barclays Capital. The company was upgraded on Friday, July 22 by JP Morgan. The firm has “Underweight” rating given on Friday, April 15 by JP Morgan. Drexel Hamilton initiated the stock with “Buy” rating in Thursday, February 18 report. The rating was reinitiated by GMP Securities with “Hold” on Wednesday, September 28. The stock has “Market Perform” rating given by Wells Fargo on Thursday, August 27.

Insitutional Activity: The institutional sentiment increased to 1.22 in 2016 Q2. Its up 0.31, from 0.91 in 2016Q1. The ratio increased, as 56 funds sold all Southwestern Energy Company shares owned while 113 reduced positions. 91 funds bought stakes while 116 increased positions. They now own 467.85 million shares or 8.35% more from 431.79 million shares in 2016Q1.
Deutsche Financial Bank Ag reported 810,441 shares or 0.01% of all its holdings. Caisse De Depot Et Placement Du Quebec holds 0.01% of its portfolio in Southwestern Energy Company (NYSE:SWN) for 364,400 shares. Utd Service Automobile Association accumulated 143,055 shares or 0.01% of the stock. Stratos Wealth Prtn Ltd accumulated 0.01% or 11,564 shares. The Louisiana-based Louisiana State Employees Retirement Sys has invested 0.02% in Southwestern Energy Company (NYSE:SWN). Knott David M holds 0% or 1.23 million shares in its portfolio. Private Advisor Gp Limited Liability Com has invested 0.01% of its portfolio in Southwestern Energy Company (NYSE:SWN). Tctc Holdg Limited Liability Corp, a Texas-based fund reported 282,404 shares. Blackrock Japan Co holds 529,301 shares or 0.02% of its portfolio. Legal And General Grp Public Limited Company accumulated 0.01% or 608,012 shares. Capital World Invsts has 13.52M shares for 0.05% of their US portfolio. Polar Asset Management Partners accumulated 400,000 shares or 0.2% of the stock. Group One Trading Lp, a Illinois-based fund reported 23,349 shares. Amp Cap Invsts Ltd has 99,745 shares for 0.01% of their US portfolio. New Mexico Educational Retirement Board owns 43,748 shares or 0.02% of their US portfolio.

Insider Transactions: Since September 20, 2016, the stock had 0 insider buys, and 1 sale for $172,085 net activity. 12,000 shares with value of $172,085 were sold by KERLEY GREGORY D on Tuesday, September 20.

Southwestern Energy Company is an independent energy firm engaged in natural gas and oil exploration, development and production. The company has a market cap of $6.81 billion. The Firm operates through two divisions: Exploration and Production and Midstream Services. It currently has negative earnings. The Company’s activities are focused on the development of unconventional natural gas reservoirs located in Pennsylvania, West Virginia and Arkansas.

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