Southwestern Energy Company (SWN) : The consensus on Southwestern Energy Company (SWN) based on 24 analyst recommendation on the company stock is 3.24, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 16 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 4 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 2 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Southwestern Energy Company (SWN).
Southwestern Energy Company (SWN) : 21 investment research analysts covering Southwestern Energy Company (SWN) have an average price target of $13.43 for the near short term. The highest target price given by the Brokerage Firm to the stock is $18 and the lowest target is $5 for the short term. Analysts expect the variance to be within $3.09 of the average price.
Company shares have received an average consensus rating of Hold for the current week Southwestern Energy Company (NYSE:SWN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.41 and $13.23 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.57, notching a gain of 1.88% for the day. The total traded volume was 9,240,645 . The stock had closed at $13.32 on the previous day.
In a related news, 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.