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Verizon Communications Inc. Message Board

billbill722003 71 posts  |  Last Activity: 46 minutes ago Member since: Nov 13, 2005
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  • Noble Energy, Newfield Exploration, Southwestern Energy and Laredo Petroleum are among 22 exploration and production companies that have sold shares this year.

    US independent oil and gas companies have raised a record amount from share sales in the first three months of the year, as they seek to shore up their balance sheets following the plunge in oil prices since last summer.

    The small and midsized exploration and production companies that include the pioneers of the US shale revolution have sold shares worth $10.8bn this year, making this quarter the most active on record for equity issuance in the sector, according to data provider Dealogic.

  • billbill722003 by billbill722003 Mar 24, 2015 2:11 PM Flag

    BLOCK TRADE: $SWN 680,000 shares @ $22.68 [14:04:11]
    680000 share block

  • Reply to

    CEO on CNBC

    by imnotshortyet Mar 23, 2015 2:02 PM
    billbill722003 billbill722003 Mar 23, 2015 9:56 PM Flag

    Steven Mueller is a very sharp CEO. He also knows many things that the public does not know. He is only allowed to say so much without giving away company inside information. His answer on a possible buyout was carefully thought out. There is definitely communications between several interested buyers. I personally hope SWN does not get acquired but will reap the rewards. Either way SWN is a winner.

  • Reply to

    SWN has to drill

    by bo21982 Mar 23, 2015 9:30 AM
    billbill722003 billbill722003 Mar 23, 2015 9:35 AM Flag

    Investors should pay attention to this growing problem. Bank of America fears sub-$2 gas prices now that winter heating worries are over. Low natural gas prices affect the economics for gas-rich oil production in the Eagle Ford Shale and Permian basin plays as well as for the shale gas plays.

    IF Bank of America fears sib-$2 gas prices why do they have a buy rating on SWN with a price target of $46?

  • billbill722003 by billbill722003 Mar 23, 2015 9:16 AM Flag

    Southwestern Energy Company (NYSE:SWN) has dropped -54.03% from its peak and trades at just 14.92 times forward earnings projections. The consensus price target for the stock is $31.17 a share. The 52-week range is $21.46 to $49.16. Down -50.49% over 12 months, the company has a market cap of $8.69 billion; its shares recently traded at around $22.60. The P/E ratio is 8.63

  • billbill722003 by billbill722003 Mar 18, 2015 2:30 PM Flag

    SWN is not there yet but when it happens you will see sharp gains quickly. Panic buying, 45 million shares short.

  • billbill722003 billbill722003 Mar 18, 2015 11:23 AM Flag

    bo, you obviously don't understand and you don't see the big picture. If it was as easy as 1,2,3 we all would be wealthy. Do some research.

  • billbill722003 billbill722003 Mar 18, 2015 9:29 AM Flag

    As the Houston, Texas-based firm proceeds with drilling across the Mountain State, the company reported record adjusted income for 2014 of $801 million, a 14 percent increase from 2013. Total production for the year was 768 billion cubic feet, which is 17 percent more than Southwestern yielded in 2013.

    "We once again set records in production, reserves, net income and cash flow as we continued our organizational focus on efficiency and continuous learning. While achieving these significant results, we were able to enhance the portfolio and build for an even brighter future with the acquisition of the West Virginia and southwest Pennsylvania acreage," Chairman and CEO Steve Mueller said in reflecting on 2014. "The strength and flexibility of our portfolio will once again be demonstrated in 2015."

    In addition to West Virginia and Pennsylvania, Southwestern maintains operations in Arkansas and Texas.

    The company had planned to spend $2.6 billion for capital expenditures this year, but scaled this back to $2 billion amid lower than anticipated selling prices for oil and natural gas. However, Mueller believes these prices are merely a temporary setback for the industry.

    "As we look further into the future, we expect a comparable capital program can deliver another year of double digit growth in 2016," he said.

  • March 18, 2015

    Southwestern Energy Co. officials are "rigging up" to drill on a portion of the 413,000 acres they bought from Chesapeake Energy for $5 billion, as they want to proceed at the Didriksen site just north of Oglebay Park.

    Recently, Gov. Earl Ray Tomblin signed a bill into law that allows Southwestern to proceed with fracking activity on the acreage the company purchased from Chesapeake last year without spending time or money applying for new permits. Although Chesapeake already drilled wells at the Didriksen pad, West Virginia Department of Environmental Protection records show Southwestern is also seeking new permits for the site.

    "With the permit transfer issue now mitigated, we have brought an additional rig into the area and we are rigging up as we speak to drill our first well in Ohio County," Southwestern Executive Vice President and Chief Operating Officer Bill Way said. "This action has enabled West Virginia operations to get off to a strong start, and we're excited to bring investment to the state and to continue to work with a very supportive government."

    Officials said the company plans to drill 50-70 wells in northern West Virginia this year in an area ranging from Brooke County in the north to Tyler County in the south and Monongalia County in the east. Way said the firm plans on paying an average of $9 million to drill and frack each of these horizontal wells.

    As the Houston, Texas-based firm proceeds with drilling across the Mountain State, the company reported record adjusted income for 2014 of $801 million, a 14 percent increase from 2013. Total production for the year was 768 billion cubic feet, which is 17 percent more than Southwestern yielded in 2013.

    "We once again set records in production, reserves, net income and cash flow as we continued

  • billbill722003 by billbill722003 Mar 16, 2015 2:20 PM Flag

    With the natural gas prices continuing to stay low it looks like SWN and some other NG companies have stabilized in price to the downside. The markets are usually about six months ahead of reality, which are higher energy prices. That means we will probably see a steady upward movement in SWN.

  • billbill722003 by billbill722003 Mar 8, 2015 9:02 AM Flag

    You have to remember SWN is a S&P 500 stock, why it is taking such a beaten I'm not sure. We all know the energy sector has been hammered and natural gas prices are low with not great expectations ahead. Nobody called the oil slide from $100 to $50 and few knows with will happen to future prices. Think long term not a couple of months. SWN is an Index stock and has to be held by certain Funds and purchased by many others.

  • Reply to

    Rumor of Buyout

    by billbill722003 Mar 6, 2015 11:21 AM
    billbill722003 billbill722003 Mar 6, 2015 11:41 AM Flag

    Probably came from this article:
    9 companies Warren Buffett should consider buying
    Southwestern Energy (SWN) is a shale gas play that could make sense for Berkshire.
    Sure, the company has unloaded some of its energy stocks lately. But its energy subsidiary is still a major part of the company. Munger even hinted that the energy unit's CEO Greg Abel could one day succeed Buffett as Berkshire chief.

  • billbill722003 by billbill722003 Mar 6, 2015 11:21 AM Flag

    There is a rumor out the SWN is being a target of buyout. This is speculated to be why price is being brought down. I hope and don't believe this is true because the buyout price would probably be around $30 and the long term value is much greater than $30.

  • Reply to

    Najarian Bros

    by imnotshortyet Mar 5, 2015 7:41 PM
    billbill722003 billbill722003 Mar 6, 2015 9:51 AM Flag

    I also agree it's a hedge on their long term position. Remember there was a lot of buying in the $23 range.
    Many Institutions upped their positions by millions. Be patient.

  • Reply to

    Upgrades

    by billbill722003 Feb 27, 2015 8:43 AM
    billbill722003 billbill722003 Feb 27, 2015 9:02 AM Flag

    happy_jack you should call yourself sad_jack. I agree lower prices would create more of a buying opportunity but SWN was there already, it's time for the short sqeeze and get into the 30's and 40's again.

  • billbill722003 by billbill722003 Feb 27, 2015 8:43 AM Flag

    We should see a few upgrades and increased target prices maybe after the conf. call.

  • billbill722003 by billbill722003 Feb 19, 2015 5:16 PM Flag

    •Southwestern Energy has quietly expanded their energy portfolio, decreasing their reliance on natural gas.
    •Improvements in production combined with partnerships with Chesapeake and WPX has increased Southwestern’s output potential.
    •The recent slide in stock price has presented a buying opportunity, with Morningstar’s “Fair Value Estimate” set at $53.

  • billbill722003 by billbill722003 Feb 19, 2015 12:45 PM Flag

    SEC Filing Vanguard Group, Holds 23,947,730 shares (6.78% of the company)

    This is very important and bullish for SWN. Vanguard is in Pennsylvania and attended some of the negotiating with SWN in it's huge recent purchases.

  • Reply to

    FEB 26 WILL MAKE OR BREAK SWN SHORT TERM

    by billbill722003 Feb 11, 2015 11:28 AM
    billbill722003 billbill722003 Feb 12, 2015 3:23 PM Flag

    Feb 24, 2015

    Southwestern Energy Co at Credit Suisse Energy Summit - 1:30PM EST -

  • Southwestern Energy Company (NYSE:SWN) encountered a rise of 24.2% or 9,575,465 shares in the short positions. The number escalated from 39,628,089 on January 15,2015 to 49,203,554 on January 30,2015. The final interest is 13% of the floated stock. The days to cover figure of 4 can be arrived using the average daily exchange of 12,981,933 shares.

    SWN witnessed volatile trading session. Southwestern Energy Company (NYSE:SWN) turned north and gained 3.5% or 0.91 points for the day. Even as the stock dipped to $25.58 intraday, the bulls came into action and elevated the price to close at $26.89. The highest point of the day was $27.035. At the end of this positive session, the number of shares traded came in at 11,878,557. The shares had ended the previous session at $25.98. The 52-week high of the stock is $49.16 and the company has a market cap of $10,339 million. As per the recent update, the company has 384,489,000 shares in outstanding.

    Shares of Southwestern Energy Company (NYSE:SWN) rose by 6.82% in the past week and 7.29% for the past 4 weeks. For the past week, the counter has outperformed the S&P 500 by 3.67% and the outperformance increases to 6.74% for the past 4 weeks.

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