Economy

Southwestern Energy Company (SWN) and Ensco Plc (ESV) Under Limelight

The Trust's primary investment objective is to provide shareholders with current income.

Previously Southwestern Energy Company (NYSE:SWN) reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $-0.07. Traders will be actively monitoring current levels as the shares potentially close in on overbought territory.

Southwestern Energy (NYSE SWN) traded down 3.64% during mid-day trading on Thursday, hitting $5.83. Share performance for the month is now at 16.80%. We have $6.39 PT which if reached, will make NYSE:SWN worth $184.20 million more. Lincoln Capital Llc owns 59,910 shares or 0.04% of their U.S. portfolio. With an institutional ownership near 69.9%, it carries an earnings per share ratio of -0.32. Moreover, Rivernorth Capital Management Llc has 2.66% invested in the company for 3.17 million shares. Its book value per share for the most recent quarter is $3.17 while its price to book ratio for the same period is 1.91, as for as the company's cash per share for the most recent quarter is $2.14, however its price to cash per share ratio for the same period is 2.83. Traders focusing on these levels may be watching for the stock to be gaining bullish momentum. It is down 41.00% since September 22, 2016 and is downtrending. It has underperformed by 6.37% the S&P500. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. The company has market cap of $2.97 billion. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

Investors sentiment decreased to 0.99 in 2016 Q4. Its down 0.09, from 1.08 in 2017Q1. Past 5 years growth of Southwestern Energy Company (NYSE:SWN) observed at -37.15%, looking forward for the next 5 years it has a strong prediction of 20.9% over growth.

These funds have shifted positions in (SWN). Parkside Bancorp invested in 0% or 182 shares. Polar Asset Mgmt Prtn holds 400,000 shares. Texas Permanent School Fund holds 0.03% or 369,338 shares in its portfolio. Pinebridge Invs Ltd Partnership reported 186,016 shares.

This company shares (SWN) so far managed to recover 21% since collapsing to its 52-week low. Analysts‟ target price forecasts are a prediction of a stock‟s future price, generally over the 12 months following the release date (Asquith et al., 2005).

01/18/2017 - Southwestern Energy Company was upgraded to "neutral" by analysts at UBS. The legal version of this piece can be read at https://baseballnewssource.com/markets/southwestern-energy-company-swn-given-new-6-00-price-target-at-piper-jaffray-companies/1656454.html. Therefore 34% are positive. Royal Bank Of Canada set a $10.00 price target on shares of Southwestern Energy and gave the company a hold rating in a research note on Saturday, June 10th. The stock's average target of $10.80 is 85.25% above today's ($5.83) share price.

04/19/2017 - Southwestern Energy Company was upgraded to "outperform" by analysts at Cowen. It may seem obvious, but this is the time to put the stock on alert - a meaningful move in either direction now will likely swing momentum into a channel that could be decidedly up or down. The firm earned "Buy" rating on Wednesday, September 13 by BMO Capital Markets. The average analysts gave this company a mean recommendation of 2.70. The rating was maintained by Jefferies on Monday, August 14 with "Hold". Southwestern Energy Company (NYSE:SWN) has been trading in a bearish manner, based on the relative positions of the stock's 20 and 200 day moving averages. As per Wednesday, March 30, the company rating was downgraded by Seaport Global. Citigroup maintained Southwestern Energy Company (NYSE:SWN) rating on Thursday, April 7. RBC Capital Markets has "Hold" rating and $900 target.

A number of analysts recently commented on SWN shares.

Prelude Ltd Liability Corporation holds 1,600 shares or 0% of its portfolio. SWN's profit will be $66.18 million for 11.63 P/E if the $0.13 EPS becomes a reality. 0 analysts call it Underweight, while 0 think it is Overweight.

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