Southwestern Energy Company (NYSE:SWN) : The highest short term price target forecast on Southwestern Energy Company (NYSE:SWN) is $17 and the lowest target price is $4. A total of 21 equity analysts are currently covering the company. The average price of all the analysts is $10.95 with a standard deviation of $3.58.
Other Equity analysts have also commented on the company shares. Barclays maintains its rating on Southwestern Energy Company (NYSE:SWN). The global brokerage major raises the current price target from $6 per share to $7 per share. Analysts at the Barclays have a current rating of Underweight on the shares. The rating by the firm was issued on June 14, 2016.
Southwestern Energy Company (NYSE:SWN): stock turned positive on Thursday. Though the stock opened at $13.63, the bulls momentum made the stock top out at $13.855 level for the day. The stock recorded a low of $13.37 and closed the trading day at $13.57, in the green by 0.74%. The total traded volume for the day was 8,525,036. The stock had closed at $13.47 in the previous days trading.
The company shares have dropped -42.36% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $24.04 and the one year low was seen on Dec 17, 2015. The 50-Day Moving Average price is $12.95 and the 200 Day Moving Average price is recorded at $9.33. On the companys insider trading activities, Geiger Paul W Iii, officer (Sr. Vice Pres. of Subsidiary) of Southwestern Energy Co, executed a transaction worth $251,250 on August 5, 2015. A total of 15,000 shares were purchased at an average price of $16.75. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production (E&P). The Company is focused on creating and capturing additional value through its natural gas gathering and marketing businesses, which it refer to as Midstream Services. The Company conducts its business through subsidiaries. The Companys operations are focused within the United States on development of two natural gas reservoirs located in Arkansas and Pennsylvania. Its operations in Arkansas are focused on a natural gas reservoir, Fayetteville Shale, and its operations in northeast Pennsylvania are focused on the natural gas reservoir, Marcellus Shale. The Company engages in natural gas gathering activities in Arkansas, Texas, Louisiana, Pennsylvania and West Virginia.