Southwestern Energy Company (SWN) has been under a strong bear grip, hence the stock is down -1.92% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.58% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.12% in the last 1 week, and is up 2.37% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.29% and the 50-Day Moving Average is 3.41%.
Southwestern Energy Company (NYSE:SWN): The stock opened at $13.48 on Friday but the bulls could not build on the opening and the stock topped out at $13.65 for the day. The stock traded down to $13.21 during the day, due to lack of any buying support eventually closed down at $13.40 with a loss of -0.52% for the day. The stock had closed at $13.47 on the previous day. The total traded volume was 8,584,557 shares.
The company Insiders own 1.16% of Southwestern Energy Company shares according to the proxy statements. Institutional Investors own 92.8% of Southwestern Energy Company shares. In a related news, Geiger Paul W Iii, officer (Sr. Vice Pres. of Subsidiary) of Southwestern Energy Co had purchased 15,000 shares on August 5, 2015 in a transaction. The price per share was $16.75 and the total amount of the disclosed transaction was $251,250.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
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.