The stock of Southwestern Energy Company (NYSE:SWN) is a huge mover today! About 7.75 million shares traded hands. Southwestern Energy Company (NYSE:SWN) has risen 2.58% since April 13, 2016 and is uptrending. It has underperformed by 1.35% the S&P500.
The move comes after 9 months positive chart setup for the $6.09B company. It was reported on Nov, 15 by Barchart.com. We have $14.08 PT which if reached, will make NYSE:SWN worth $1.52 billion more.
Southwestern Energy Company (NYSE:SWN) Ratings Coverage
Out of 21 analysts covering Southwestern Energy Company (NYSE:SWN), 7 rate it a “Buy”, 5 “Sell”, while 9 “Hold”. This means 33% are positive. Southwestern Energy Company has been the topic of 59 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Southwestern Energy Company (NYSE:SWN) has “Neutral” rating given on Tuesday, September 8 by Credit Suisse. The company was initiated on Thursday, October 6 by Mizuho. The rating was initiated by JP Morgan on Wednesday, December 9 with “Neutral”. The company was downgraded on Tuesday, June 7 by KLR Group. The rating was downgraded by Suntrust Robinson on Tuesday, February 2 to “Neutral”. The firm earned “Underweight” rating on Friday, April 15 by JP Morgan. Barclays Capital maintained Southwestern Energy Company (NYSE:SWN) on Monday, October 26 with “Overweight” rating. The firm has “Hold” rating given on Sunday, August 16 by Zacks. The stock of Southwestern Energy Company (NYSE:SWN) earned “Equal Weight” rating by CapitalOne on Tuesday, January 19. As per Wednesday, March 30, the company rating was downgraded by Seaport Global.
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 Q2 2016. 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.
Livforsakringsbolaget Skandia Omsesidigt holds 37,733 shares or 0.02% of its portfolio. Jabre Cap Partners has 150,000 shares for 0.57% of their US portfolio. Ing Groep Nv has 16,747 shares for 0% of their US portfolio. Matarin Capital Mgmt Ltd holds 0% or 78,949 shares in its portfolio. San Francisco Sentry Invest Grp Inc (Ca), a California-based fund reported 15,650 shares. Perkins Coie Tru Co accumulated 0.01% or 1,000 shares. Gam Holding Ag accumulated 20,685 shares or 0% of the stock. Public Sector Pension Inv Board holds 89,730 shares or 0.01% of its portfolio. Credit Agricole S A accumulated 70,351 shares or 0% of the stock. Bluecrest Capital Management Limited holds 366,416 shares or 0.19% of its portfolio. First Interstate Commercial Bank has invested 0% of its portfolio in Southwestern Energy Company (NYSE:SWN). Marshall Wace Llp holds 890,682 shares or 0.09% of its portfolio. Us Fincl Bank De reported 69,453 shares or 0% of all its holdings. The Netherlands-based Delta Lloyd Nv has invested 0.01% in Southwestern Energy Company (NYSE:SWN). Shell Asset Mngmt Com accumulated 16,803 shares or 0% of the stock.
Insider Transactions: Since September 20, 2016, the stock had 0 insider buys, and 1 insider sale for $172,085 net activity. KERLEY GREGORY D had sold 12,000 shares worth $172,085.
More news for Southwestern Energy Company (NYSE:SWN) were recently published by: Businesswire.com, which released: “Robbins Arroyo LLP: Southwestern Energy Company (SWN, SWNC) Misled …” on November 03, 2016. Prnewswire.com‘s article titled: “Southwestern Energy Announces 2016 Third Quarter Operational Update And …” and published on October 20, 2016 is yet another important article.
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.
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