Street Expectation From Southwestern Energy Company ($SWN) 3Q20 Earnings?

Southwestern Energy Company (NYSE:SWN) is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.02 per share.

Looking ahead, the full year income are expected at $ 0.22 per share on the revenues of $ 2319.45 million.

Stock Performance

Shares of Southwestern Energy Company traded low $ -0.03 or -1.04 percent on Wednesday, reaching $ 2.85 with volume of 16.87 million shares. Southwestern Energy Company has traded high as $ 2.92 and has cracked $ 2.81 on the downward trend

According to the previous trading day, closing price of $ 2.85, representing a 171.70 % increase from the 52 week low of $ 1.06 and a 26.15 % decrease over the 52 week high of $ 3.90.

The company has a market capital of $ 1.73 billion and is part of the Energy sector and Oil & Gas E&P industry.

Recent Analyst recommendations

  • On 19th October 2020, maintained by Piper Sandler at Neutral rating, with $ 3.00 target price.
  • On 9th October 2020, upgraded by Morgan Stanley to Equal-Weight from Underweight rating.

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.

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