Southwestern Energy Company (SWN) : Hilltop Park Associates added new position in Southwestern Energy Company during the most recent quarter end. The investment management firm now holds 175,000 shares of Southwestern Energy Company which is valued at $2,374,750 , the company said in a statement filed on Aug 8, 2016 with the SEC.Southwestern Energy Company makes up approximately 33.33% of Hilltop Park Associates’s portfolio.
Other Hedge Funds, Including , Oppenheimer Co Inc boosted its stake in SWN in the latest quarter, The investment management firm added 8,250 additional shares and now holds a total of 261,704 shares of Southwestern Energy Company which is valued at $3,551,323. Southwestern Energy Company makes up approx 0.10% of Oppenheimer Co Inc’s portfolio.Winslow Evans Crocker reduced its stake in SWN by selling 2,690 shares or 59.51% in the most recent quarter. The Hedge Fund company now holds 1,830 shares of SWN which is valued at $26,480. Southwestern Energy Company makes up approx 0.01% of Winslow Evans Crocker’s portfolio. Simplex Trading added SWN to its portfolio by purchasing 123,746 company shares during the most recent quarter which is valued at $1,644,584. Southwestern Energy Company makes up approx 0.21% of Simplex Trading’s portfolio.Creative Planning boosted its stake in SWN in the latest quarter, The investment management firm added 12,439 additional shares and now holds a total of 37,206 shares of Southwestern Energy Company which is valued at $519,396.
Southwestern Energy Company opened for trading at $14 and hit $14.5 on the upside on Monday, eventually ending the session at $14.26, with a gain of 2.89% or 0.4 points. The heightened volatility saw the trading volume jump to 1,00,05,188 shares. Company has a market cap of $7,037 M.
On the company’s financial health, Southwestern Energy Company reported $-0.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $-0.20. The company had revenue of $579.00 million for the quarter, compared to analysts expectations of $561.50 million. The company’s revenue was down -37.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.22 EPS.
Many Wall Street Analysts have commented on Southwestern Energy Company. Southwestern Energy Company was Upgraded by National Securities to ” Buy” on Jul 25, 2016. Company shares were Reiterated by Barclays on Jul 25, 2016 to “Underweight”, Firm has raised the Price Target to $ 14 from a previous price target of $8 .Company shares were Reiterated by Scotia Howard Weil on Jul 25, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 16 from a previous price target of $13 .
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.