Caxton Associates LP Makes New Investment in Southwestern Energy (NYSE:SWN)

Caxton Associates LP purchased a new stake in shares of Southwestern Energy (NYSE:SWN) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 29,539 shares of the energy company’s stock, valued at approximately $199,000.

Other institutional investors have also recently made changes to their positions in the company. Rise Advisors LLC purchased a new position in Southwestern Energy during the first quarter worth about $25,000. Fidelis Capital Partners LLC bought a new stake in shares of Southwestern Energy during the 1st quarter valued at about $43,000. Larson Financial Group LLC grew its holdings in shares of Southwestern Energy by 4,752.1% during the second quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock worth $40,000 after purchasing an additional 5,750 shares in the last quarter. Payden & Rygel Investment Group purchased a new stake in Southwestern Energy in the first quarter valued at approximately $75,000. Finally, &PARTNERS bought a new stake in Southwestern Energy during the first quarter valued at approximately $76,000. Institutional investors own 86.97% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Wolfe Research began coverage on shares of Southwestern Energy in a research report on Thursday, July 18th. They set a “peer perform” rating on the stock. Piper Sandler lowered their price target on Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, August 15th. UBS Group dropped their price target on Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating for the company in a research note on Wednesday, September 18th. Susquehanna reduced their price objective on Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating on the stock in a research report on Monday, August 19th. Finally, Scotiabank dropped their target price on Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 20th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Southwestern Energy currently has an average rating of “Hold” and an average price target of $7.98.

Southwestern Energy Trading Up 2.4 %

Shares of SWN stock opened at $7.15 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.53 and a quick ratio of 0.53. The business has a 50-day moving average of $6.34 and a 200 day moving average of $6.91. The stock has a market capitalization of $7.89 billion, a PE ratio of -4.11 and a beta of 1.12. Southwestern Energy has a 1-year low of $5.85 and a 1-year high of $7.80.

Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, August 1st. The energy company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. Southwestern Energy had a negative net margin of 48.91% and a positive return on equity of 10.55%. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter last year, the business earned $0.09 earnings per share. The business’s revenue was down 14.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Southwestern Energy will post 0.56 earnings per share for the current year.

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.