Southwestern Energy Company (SWN) : Graham Capital Management added new position in Southwestern Energy Company during the most recent quarter end. The investment management firm now holds 2,121,800 shares of Southwestern Energy Company which is valued at $29,408,148 , the company said in a statement filed on Aug 15, 2016 with the SEC.Southwestern Energy Company makes up approximately 6.15% of Graham Capital Management’s portfolio.
Other Hedge Funds, Including , 361 Capital added SWN to its portfolio by purchasing 2,447 company shares during the most recent quarter which is valued at $33,915. Southwestern Energy Company makes up approx 0.49% of 361 Capital’s portfolio.Andra Ap-fonden reduced its stake in SWN by selling 91,799 shares or 47.99% in the most recent quarter. The Hedge Fund company now holds 99,500 shares of SWN which is valued at $1,379,070. Southwestern Energy Company makes up approx 0.03% of Andra Ap-fonden’s portfolio. Ronald Blue Co added SWN to its portfolio by purchasing 11,999 company shares during the most recent quarter which is valued at $166,306. Southwestern Energy Company makes up approx 0.01% of Ronald Blue Co’s portfolio.
Southwestern Energy Company closed down -0.12 points or -0.86% at $13.79 with 86,45,727 shares getting traded on Thursday. Post opening the session at $13.85, the shares hit an intraday low of $13.59 and an intraday high of $14.1 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.