Southwestern Energy (NYSE:SWN) Short Interest Up 7.0% in November

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Southwestern Energy (NYSE:SWN) saw a large growth in short interest in the month of November. As of November 29th, there was short interest totalling 142,170,000 shares, a growth of 7.0% from the November 14th total of 132,890,000 shares. Approximately 26.4% of the company’s shares are sold short. Based on an average daily trading volume, of 21,200,000 shares, the short-interest ratio is currently 6.7 days.

Institutional investors have recently made changes to their positions in the stock. Signaturefd LLC lifted its holdings in Southwestern Energy by 32.7% during the third quarter. Signaturefd LLC now owns 22,015 shares of the energy company’s stock worth $42,000 after acquiring an additional 5,422 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Southwestern Energy by 827.4% during the second quarter. Tower Research Capital LLC TRC now owns 7,883 shares of the energy company’s stock worth $25,000 after acquiring an additional 7,033 shares in the last quarter. Westpac Banking Corp lifted its holdings in Southwestern Energy by 1.7% during the second quarter. Westpac Banking Corp now owns 438,000 shares of the energy company’s stock worth $1,384,000 after acquiring an additional 7,200 shares in the last quarter. Magnus Financial Group LLC lifted its holdings in Southwestern Energy by 62.1% during the second quarter. Magnus Financial Group LLC now owns 20,260 shares of the energy company’s stock worth $64,000 after acquiring an additional 7,760 shares in the last quarter. Finally, Chicago Equity Partners LLC lifted its holdings in Southwestern Energy by 2.4% during the second quarter. Chicago Equity Partners LLC now owns 384,355 shares of the energy company’s stock worth $1,215,000 after acquiring an additional 8,980 shares in the last quarter.

Several equities research analysts have recently commented on SWN shares. ValuEngine raised Southwestern Energy from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. Capital One Financial raised Southwestern Energy from an “underweight” rating to an “equal weight” rating in a research note on Friday, October 11th. Bank of America set a $2.00 target price on Southwestern Energy and gave the company a “sell” rating in a research note on Friday, October 25th. Wolfe Research raised Southwestern Energy from an “underperform” rating to a “peer perform” rating in a research note on Thursday, September 19th. Finally, Morgan Stanley lowered their target price on Southwestern Energy from $2.00 to $1.50 and set an “underweight” rating for the company in a research note on Friday, October 4th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $3.35.

Shares of Southwestern Energy stock traded down $0.13 during trading on Friday, reaching $1.99. 26,617,554 shares of the company were exchanged, compared to its average volume of 20,146,604. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.71. Southwestern Energy has a twelve month low of $1.56 and a twelve month high of $4.90. The business has a 50-day moving average price of $2.05 and a 200-day moving average price of $2.32. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 1.95, a P/E/G ratio of 0.41 and a beta of 1.08.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings data on Thursday, October 24th. The energy company reported $0.08 EPS for the quarter, hitting analysts’ consensus estimates of $0.08. Southwestern Energy had a return on equity of 14.07% and a net margin of 31.37%. The business had revenue of $636.00 million during the quarter, compared to analysts’ expectations of $659.81 million. During the same period in the previous year, the firm earned $0.25 earnings per share. The firm’s quarterly revenue was down 33.1% compared to the same quarter last year. On average, equities research analysts forecast that Southwestern Energy will post 0.55 EPS for the current fiscal year.

About Southwestern Energy

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

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