Southwestern Energy Company with ticker code (SWN) have now 20 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 4.5 and 2 with a mean TP of 3.36. With the stocks previous close at 2.83 this would imply there is a potential upside of 18.7%. The 50 day MA is 2.71 and the 200 day MA is 2.79. The company has a market cap of $1,768m. Company Website: http://www.swn.com
The potential market cap would be $2,099m based on the market concensus.
Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. It operates through Exploration and Production, and Marketing segments. The company focuses on the development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia. As of December 31, 2019, it had approximately 173,994 net acres in Northeast Appalachia; and approximately 287,693 net acres in Southwest Appalachia. The company’s estimated proved natural gas, oil, and NGLs reserves comprise 12,721 billion cubic feet of natural gas equivalent (Bcfe); and 929 Bcfe of proved undeveloped reserves. It also engages in marketing of natural gas, oil, and NGLs. It serves energy companies, utilities, and industrial purchasers of natural gas. Southwestern Energy Company was founded in 1929 and is headquartered in Spring, Texas.
