Southwestern Energy (SWN) to Release Quarterly Earnings on Thursday

Southwestern Energy (NYSE:SWN) is set to post its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Southwestern Energy to post earnings of $0.13 per share for the quarter.

Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The company had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the business earned $0.26 EPS. Southwestern Energy’s quarterly revenue was down 49.9% compared to the same quarter last year. On average, analysts expect Southwestern Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Southwestern Energy Price Performance

Shares of SWN opened at $7.49 on Wednesday. Southwestern Energy has a 12-month low of $4.57 and a 12-month high of $7.80. The business’s fifty day moving average is $7.26 and its 200 day moving average is $6.87. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.67. The stock has a market cap of $8.24 billion, a P/E ratio of 5.31 and a beta of 1.12.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Seaport Res Ptn cut Southwestern Energy from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st. Piper Sandler reissued a “neutral” rating and issued a $7.00 price target (down from $8.00) on shares of Southwestern Energy in a research report on Friday, April 19th. Susquehanna increased their price target on Southwestern Energy from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Monday, April 22nd. StockNews.com assumed coverage on Southwestern Energy in a research report on Sunday. They issued a “hold” rating for the company. Finally, Mizuho raised Southwestern Energy from an “underperform” rating to a “neutral” rating and increased their price target for the company from $6.00 to $9.00 in a research report on Monday, February 26th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $8.14.

Southwestern Energy Company Profile

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