Southwestern Energy Company (SWN) has risen sharply, recording gains of 8.55% in the past 4 weeks. However, the stock has corrected -4.18% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.91% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Southwestern Energy Company (NYSE:SWN): The stock opened at $14.44 on Friday but the bulls could not build on the opening and the stock topped out at $14.51 for the day. The stock traded down to $13.96 during the day, due to lack of any buying support eventually closed down at $13.97 with a loss of -2.51% for the day. The stock had closed at $14.33 on the previous day. The total traded volume was 10,179,157 shares.
The stock has recorded a 20-day Moving Average of 0.75% and the 50-Day Moving Average is 2.81%. Southwestern Energy Company is up 18.49% in the last 3-month period. Year-to-Date the stock performance stands at 96.48%.
Southwestern Energy Company (SWN) : The most positive equity analysts on Southwestern Energy Company (SWN) expects the shares to touch $17, whereas, the least positive believes that the stock will trade at $5 in the short term. The company is covered by 21 Wall Street Brokerage Firms. The average price target for shares are $13.33 with an expected fluctuation of $2.97 from the mean.
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.