Southwestern Energy Forecasted to Post Q1 2019 Earnings of $0.19 Per Share (SWN)

Southwestern Energy (NYSE:SWN) – Equities researchers at Capital One Financial dropped their Q1 2019 earnings estimates for shares of Southwestern Energy in a note issued to investors on Friday, March 1st. Capital One Financial analyst B. Velie now anticipates that the energy company will post earnings of $0.19 per share for the quarter, down from their prior estimate of $0.26. Capital One Financial currently has a “Underweight” rating on the stock. Capital One Financial also issued estimates for Southwestern Energy’s Q2 2019 earnings at $0.12 EPS, Q3 2019 earnings at $0.13 EPS and Q4 2019 earnings at $0.15 EPS.

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Other research analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of Southwestern Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, February 13th. MKM Partners assumed coverage on shares of Southwestern Energy in a research report on Wednesday, December 5th. They issued a “buy” rating and a $6.00 price objective on the stock. Mitsubishi UFJ Financial Group decreased their price objective on shares of Southwestern Energy to $5.00 and set a “neutral” rating on the stock in a research report on Friday, February 8th. Morgan Stanley set a $4.00 target price on Southwestern Energy and gave the stock a “sell” rating in a research note on Tuesday, January 29th. Finally, B. Riley set a $7.00 target price on Southwestern Energy and gave the stock a “buy” rating in a research note on Friday, January 18th. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $5.52.

SWN stock opened at $4.68 on Monday. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $2.46 billion, a P/E ratio of 4.59 and a beta of 1.30. Southwestern Energy has a 1-year low of $3.23 and a 1-year high of $6.23.

Institutional investors and hedge funds have recently modified their holdings of the business. Greenwich Wealth Management LLC purchased a new stake in Southwestern Energy in the fourth quarter worth approximately $43,000. Courier Capital LLC purchased a new stake in shares of Southwestern Energy during the fourth quarter valued at approximately $48,000. Peoples Financial Services CORP. boosted its stake in shares of Southwestern Energy by 21.7% during the fourth quarter. Peoples Financial Services CORP. now owns 14,600 shares of the energy company’s stock valued at $50,000 after purchasing an additional 2,600 shares during the period. Enlightenment Research LLC purchased a new stake in shares of Southwestern Energy during the fourth quarter valued at approximately $66,000. Finally, B. Riley Wealth Management Inc. boosted its stake in shares of Southwestern Energy by 14.5% during the fourth quarter. B. Riley Wealth Management Inc. now owns 19,620 shares of the energy company’s stock valued at $67,000 after purchasing an additional 2,485 shares during the period. 95.55% of the stock is owned by institutional investors and hedge funds.

Southwestern Energy Company Profile

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.

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