Southwestern Energy (SWN) to Release 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 posted its earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The business had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the company posted $0.26 EPS. The company’s revenue for the quarter was down 49.9% on a year-over-year basis. 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 Trading Up 2.8 %

SWN stock opened at $7.60 on Thursday. The company’s 50-day simple moving average is $7.20 and its 200-day simple moving average is $6.85. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.67. Southwestern Energy has a 52-week low of $4.57 and a 52-week high of $7.69. The firm has a market cap of $8.37 billion, a P/E ratio of 5.39 and a beta of 1.12.

Analysts Set New Price Targets

Several research firms have recently issued reports on SWN. Stifel Nicolaus increased their target price on shares of Southwestern Energy from $6.60 to $7.60 and gave the stock a “hold” rating in a research note on Tuesday. Citigroup raised their price target on shares of Southwestern Energy from $8.00 to $8.24 and gave the company a “buy” rating in a research note on Friday, January 12th. StockNews.com started coverage on shares of Southwestern Energy in a research note on Saturday, April 20th. They issued a “hold” rating on the stock. Piper Sandler reaffirmed a “neutral” rating and issued a $7.00 price target (down from $8.00) on shares of Southwestern Energy in a research note on Friday, April 19th. Finally, UBS Group raised their price target on shares of Southwestern Energy from $6.00 to $6.25 and gave the company a “neutral” rating in a research note on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently 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.