Southwestern Energy (NYSE:SWN) – Investment analysts at US Capital Advisors decreased their Q2 2018 EPS estimates for Southwestern Energy in a research note issued to investors on Friday. US Capital Advisors analyst C. Horwitz now anticipates that the energy company will earn $0.14 per share for the quarter, down from their prior estimate of $0.16. US Capital Advisors also issued estimates for Southwestern Energy’s Q1 2019 earnings at $0.22 EPS, Q4 2019 earnings at $0.18 EPS and FY2019 earnings at $0.70 EPS.
Southwestern Energy (NYSE:SWN) last released its earnings results on Thursday, March 1st. The energy company reported $0.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.03. Southwestern Energy had a net margin of 30.57% and a return on equity of 21.54%. The company had revenue of $809.00 million during the quarter, compared to analysts’ expectations of $802.77 million. During the same quarter last year, the business earned $0.08 EPS. The business’s revenue was up 18.3% on a year-over-year basis.
Shares of Southwestern Energy (SWN) opened at $4.52 on Monday. Southwestern Energy has a 52 week low of $3.42 and a 52 week high of $8.94. The company has a market cap of $2,320.00, a price-to-earnings ratio of 3.01 and a beta of 1.05. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 2.22.
A number of institutional investors and hedge funds have recently made changes to their positions in SWN. Oppenheimer & Co. Inc. grew its holdings in shares of Southwestern Energy by 4.0% during the third quarter. Oppenheimer & Co. Inc. now owns 237,526 shares of the energy company’s stock worth $1,451,000 after buying an additional 9,150 shares in the last quarter. Nationwide Fund Advisors grew its holdings in shares of Southwestern Energy by 0.8% during the third quarter. Nationwide Fund Advisors now owns 1,332,653 shares of the energy company’s stock worth $8,143,000 after buying an additional 11,162 shares in the last quarter. Hartford Investment Management Co. grew its holdings in shares of Southwestern Energy by 53.0% during the third quarter. Hartford Investment Management Co. now owns 33,200 shares of the energy company’s stock worth $203,000 after buying an additional 11,500 shares in the last quarter. HAP Trading LLC grew its holdings in shares of Southwestern Energy by 38.4% during the third quarter. HAP Trading LLC now owns 50,822 shares of the energy company’s stock worth $311,000 after buying an additional 14,091 shares in the last quarter. Finally, ING Groep NV grew its holdings in shares of Southwestern Energy by 24.0% during the fourth quarter. ING Groep NV now owns 77,320 shares of the energy company’s stock worth $431,000 after buying an additional 14,961 shares in the last quarter. Institutional investors own 80.63% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This news story was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this news story can be viewed at https://sportsperspectives.com/2018/03/14/q2-2018-eps-estimates-for-southwestern-energy-swn-cut-by-us-capital-advisors.html.
About Southwestern Energy
Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.
Receive News & Ratings for Southwestern Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwestern Energy and related companies with MarketBeat.com's FREE daily email newsletter.