Bullish Options Activity on Southwestern Energy Company Surges After Better Fundamentals

 Bullish Options Activity on Southwestern Energy Company Surges After Better Fundamentals

In today’s session Southwestern Energy Company (SWN) registered an unusually high (501) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious SWN increase. With 501 contracts traded and 18604 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: SWN161118C00016000 closed last at: $0.2 or 33.3% down. About 2.70M shares traded hands. Southwestern Energy Company (NYSE:SWN) has risen 72.48% since March 15, 2016 and is uptrending. It has outperformed by 66.99% the S&P500.

Analysts await Southwestern Energy Company (NYSE:SWN) to report earnings on October, 27. They expect $0.10 EPS, up 900.00% or $0.09 from last year’s $0.01 per share. SWN’s profit will be $47.72M for 31.28 P/E if the $0.10 EPS becomes a reality. After $-0.09 actual EPS 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 21 analysts covering Southwestern Energy Company (NYSE:SWN), 6 rate it a “Buy”, 5 “Sell”, while 10 “Hold”. This means 29% are positive. $29 is the highest target while $3 is the lowest. The $12.48 average target is -0.24% below today’s ($12.51) stock price. Southwestern Energy Company has been the topic of 57 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by JP Morgan on Friday, July 22. On Tuesday, September 8 the stock rating was upgraded by Credit Suisse to “Neutral”. SunTrust upgraded Southwestern Energy Company (NYSE:SWN) on Thursday, September 10 to “Buy” rating. The stock has “Neutral” rating given by Citigroup on Thursday, April 7. As per Wednesday, June 15, the company rating was maintained by RBC Capital Markets. Barclays Capital maintained the shares of SWN in a report on Monday, October 26 with “Overweight” rating. The company was downgraded on Monday, January 11 by Barclays Capital. The stock of Southwestern Energy Company (NYSE:SWN) earned “Buy” rating by Suntrust Robinson on Thursday, September 10. Global Hunter Securities upgraded Southwestern Energy Company (NYSE:SWN) on Tuesday, July 21 to “Buy” rating. The firm has “Underperform” rating by Sterne Agee CRT given on Tuesday, November 17.

According to Zacks Investment Research, “Southwestern Energy Company is an energy company primarily focused on natural gas. They are involved in the following business segments: Exploration and Production – Engaged in natural gas and oil exploration, development and production. This represents their primary business; Natural Gas Distribution – Engaged in the gathering, distribution and transmission of natural gas; Marketing and Transportation – Provides marketing and transportation services in their core areas of operation and owns a 25% interest in the NOARK Pipeline System, Limited Partnership.”

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.
Macquarie Gp Limited holds 0% or 7,900 shares in its portfolio. Trexquant Invest L P has 0.04% invested in the company for 24,300 shares. Shinko Asset Mngmt holds 0% or 1,224 shares in its portfolio. The Illinois-based Advisory has invested 0% in Southwestern Energy Company (NYSE:SWN). Tci Wealth Advsr accumulated 567 shares or 0% of the stock. Strategic Investment Limited Liability reported 15,349 shares or 0.1% of all its holdings. Utd Cap Advisers Ltd Llc holds 0% of its portfolio in Southwestern Energy Company (NYSE:SWN) for 12,054 shares. Winslow Evans And Crocker reported 1,830 shares or 0% of all its holdings. Parkwood Limited Liability Co has 0.54% invested in the company for 247,444 shares. Primecap Mgmt Ca owns 5.65M shares or 0.08% of their US portfolio. Hbk Invs L P has 46,386 shares for 0% of their US portfolio. Sailingstone Cap Prns Limited Com holds 51.10M shares or 13.56% of its portfolio. Ally Fincl owns 95,000 shares or 0.2% of their US portfolio. Moreover, Henderson Group Inc Public Ltd Liability Corp has 0.01% invested in Southwestern Energy Company (NYSE:SWN) for 133,800 shares. Knott David M has 1.23M shares for 0% of their US portfolio.

Insider Transactions: Since September 20, 2016, the stock had 0 buys, and 1 insider sale for $172,085 net activity. The insider KERLEY GREGORY D sold $172,085.

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 $5.97 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.

SWN Company Profile

Southwestern Energy Company, incorporated on February 24, 2006, is an independent energy firm engaged in natural gas and oil exploration, development and production. The Firm operates through two divisions: Exploration and Production (E&P) and Midstream Services. The Company’s activities are principally focused on the development of unconventional natural gas reservoirs located in Pennsylvania, West Virginia and Arkansas.

More important recent Southwestern Energy Company (NYSE:SWN) news were published by: Prnewswire.com which released: “Webcast Alert: Southwestern Energy Company Invites You to Join Its Third …” on October 10, 2016, also Zacks.com published article titled: “Southwestern Energy (SWN) Q3 Earnings: What to Expect?”, Benzinga.com published: “Benzinga’s Top Upgrades” on October 18, 2016. More interesting news about Southwestern Energy Company (NYSE:SWN) was released by: Nasdaq.com and their article: “Commit To Buy Southwestern Energy Company At $8, Earn 11.1% Using Options” with publication date: September 20, 2016.

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