SWN - Southwestern Energy Company
| Previous Close | 4.3900 |
| Open | 4.3500 |
| Bid | 4.43 x 800 |
| Ask | 4.44 x 1000 |
| Day's Range | 4.3650 - 4.4550 |
| 52 Week Range | 3.2300 - 6.2300 |
| Volume | 957,063 |
| Avg. Volume | 20,753,360 |
| Market Cap | 2.502B |
| Beta (3Y Monthly) | 0.99 |
| PE Ratio (TTM) | 4.97 |
| EPS (TTM) | 0.88 |
| Earnings Date | Feb 27, 2019 - Mar 4, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2000-04-18 |
| 1y Target Est | 5.16 |
Market Realist•21 hours agoFutures Spread: Shifting Sentiments for Natural Gas Prices
Is the Sharp Rise in Natural Gas Sustainable?(Continued from Prior Part)Futures spreadOn January 15, the natural gas futures for February 2019 closed at a premium of ~$0.4 to the February 2020 futures. On January 8, the futures spread was at a
Market Realist•yesterdayNatural Gas Rig Count Might Impact Natural Gas Prices
Is the Sharp Rise in Natural Gas Sustainable?(Continued from Prior Part)Natural gas rig count The natural gas rig count was at 202 last week, which was four more than the previous week. The rig count was at the highest level since September 2015.
- Zacks•2 days ago
Why Is a Q4 Earnings Beat Less Likely for Schlumberger (SLB)?
Declining well productivity and weak crude pricing scenario could hurt Schlumberger's (SLB) earnings in Q4.
- Market Realist•3 days ago
Natural Gas ETFs Outperformed Natural Gas Last Week
Energy's Performance Last Week—and What's on the Agenda This Week (Continued from Prior Part) ## Natural gas ETFs Between January 4 and January 11, the United States Natural Gas ETF (UNG) rose 4%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) rose 5.9%. These ETFs track natural gas futures. UNG holds active natural gas futures contracts, while BOIL tracks daily changes in the Bloomberg Natural Gas Subindex. UNG has outperformed natural gas February futures, which have risen 1.8% in the past five trading sessions. Gains in natural gas prices can be positive for natural gas–weighted stocks. Range Resources (RRC), Southwestern Energy (SWN), Gulfport Energy (GPOR), and Chesapeake Energy (CHK), the strongest natural gas–weighted stocks, rose 7.6%, 11.5%, 11.6%, and 20.9%, respectively, last week. ## Long-term returns and the forward curve Between March 3, 2016, and January 11, 2019, natural gas active futures rose 89.1% from their 17-year low, while UNG and BOIL returned 12.7% and -38%, respectively. Since March 3, 2016, UNG and BOIL have delivered lower returns than natural gas active futures, possibly due to a negative roll yield. BOIL’s actual and expected returns could also be different due to daily price changes. As of January 11, natural gas futures for delivery between February and May 2019 closed in descending order, which could be a positive sign for these ETFs’ returns. Continue to Next Part Browse this series on Market Realist: * Part 1 - The China Factor Could Drag on Oil This Week * Part 2 - Oil’s Rise Wasn’t the Only Driver of Energy’s Score Last Week * Part 3 - These Upstream and Oilfield Stocks Outperformed Energy Last Week
- Market Realist•3 days ago
Will Natural Gas’s Spike Sustain?
Will Natural Gas's Spike Sustain? ## Natural gas From January 4 to January 11, natural gas January futures rose 1.8% and settled at $3.099 per MMBtu (million British thermal units) on January 11. Inventories are 15.1% below their five-year average, which may be limiting the upside in natural gas prices. In 2019 so far, natural gas prices have risen 3.7%. ## Weather forecast and natural gas’s spike At 8:16 AM CST, natural gas spiked 8.3% from its last closing level. Recent weather forecasts indicate severe cold weather beginning on January 19 and continuing until the end of the month, which could help natural gas keep its bullish momentum—at least in the short term. This week, natural gas’s 20-day and 100-day moving averages of $3.41 and $3.43, respectively, could signal an important resistance zone for natural gas prices. In fact, today as of 8:16 AM CST, natural gas prices had failed to sustain levels above these moving averages. Refinitiv analysts increased the total degree days to 494 on January 11 from 477 on January 10 in the lower 48 US states for the next two weeks. The total degree days are higher than the 30-year average of 462 for these weeks. ## Energy stocks The rise in natural gas prices could be positive for natural gas–weighted stocks. Range Resources (RRC), Southwestern Energy (SWN), Gulfport Energy (GPOR), and Chesapeake Energy (CHK), the strongest natural gas–weighted stocks, rose 7.6%, 11.5%, 11.6%, and 20.9%, respectively, from January 4 to January 11.
- Zacks•3 days ago
What's in the Cards for Kinder Morgan (KMI) in Q4 Earnings?
Kinder Morgan's (KMI) Q4 results to benefit from extensive networks of natural gas pipelines. However, a weak balance sheet is a concern.
- Market Realist•8 days ago
Natural Gas Futures Spread Is Showing Interesting Divergence
Will Natural Gas Stay above $3? (Continued from Prior Part) ## Futures spread On January 8, the natural gas futures for February 2019 closed at a discount of ~$0.07 to the February 2020 futures. On December 31, the futures spread was at a discount of $0.06. Between December 31 and January 8, the natural gas February futures rose 0.9%. ## Divergence The market sentiment toward natural gas’s demand-supply situation is reflected in the futures spread. The futures spread and natural gas prices tend to move in the same direction. In the trailing week, the futures spread discount expanded. However, natural gas prices rose nearly one percentage point. Usually, the expansion in the discount will be followed by a retreat in prices. The gain in prices could be because of the expectation of colder weather later this month, which we discussed in part one. In the previous part, we discussed that the negative difference between natural gas inventories and their five-year average contracted, a factor that might have pushed the discount higher. ## Energy stocks The natural gas February futures rose 0.9% in the trailing week. During this period, natural-gas-weighted stocks Range Resources (RRC), Chesapeake Energy (CHK), Gulfport Energy (GPOR), and Southwestern Energy (SWN) rose 14.9%, 16.7%, 17.1%, and 20.5%, respectively, and outperformed their peers. ## Forward curve As of January 8, the natural gas futures contracts for delivery between February and May 2019 were priced in descending order, which is a positive development for ETFs that follow natural gas futures including the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) and the United States Natural Gas ETF (UNG). Browse this series on Market Realist: * Part 1 - Will Natural Gas Stay above $3? * Part 2 - Steady Natural Gas Rig Count Might Be Trouble for Prices * Part 3 - Why EIA Data Might Not Satisfy Natural Gas Bulls
- Market Realist•8 days ago
Why EIA Data Might Not Satisfy Natural Gas Bulls
Will Natural Gas Stay above $3? (Continued from Prior Part) ## Inventories spread and natural gas prices In the week ending December 28, the inventories spread was -17.2%. The inventories spread is the difference between natural gas inventories and their five-year average. During this period, the inventories spread contracted by two percentage points compared to the previous week. On January 4, the EIA reported the natural gas inventory data for the week ending on December 28. ## Natural gas inventories The natural gas price is usually inversely related to the inventories spread. However, the relationship seems to be more biased toward a price downside when inventories rise above the five-year average. The market might be confident about having enough future supply instead of being concerned about demand getting out of hand. Since January 4, the natural gas February futures have fallen 2.5%. During the same period, natural-gas-weighted stocks Southwestern Energy (SWN), Gulfport Energy (GPOR), Range Resources (RRC), and Antero Resources (AR) rose 5.4%, 4.9%, 2.9%, and 2.1%, respectively, and underperformed their peers. The remaining natural-gas-weighted stocks ended in the green in this period. Between January 4 and January 8, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the Energy Select Sector SPDR ETF (XLE) rose 4.4% and ~2.3%, respectively. These ETFs hold natural gas producer stocks. ## Required fall in inventories On January 10, the EIA is scheduled to release its natural gas inventory report for the week ending on January 4. Any fall by more than ~140 billion cubic feet could cause the inventories to expand more into the negative territory, but Reuters analysts expect a draw of just 95 Bcf, which might not be a positive development for natural gas prices. Continue to Next Part Browse this series on Market Realist: * Part 1 - Will Natural Gas Stay above $3? * Part 2 - Steady Natural Gas Rig Count Might Be Trouble for Prices * Part 4 - Natural Gas Futures Spread Is Showing Interesting Divergence
Market Realist•8 days agoSteady Natural Gas Rig Count Might Be Trouble for Prices
The natural gas rig count was at 198 last week, which was unchanged from the previous week and just two less than the highest level in 2018 since September 2015. The natural gas rig count has fallen ~87.7% from its record level of 1,606 in 2008.
- Market Realist•10 days ago
Analyzing Natural Gas ETFs’ Performance Last Week
What Happened in the Energy Sector Last Week (Continued from Prior Part) ## Natural gas ETFs Between December 28 and January 4, the United States Natural Gas ETF (UNG) fell 8.4%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) fell 17.4%. These ETFs track natural gas futures. UNG holds active natural gas futures contracts, while BOIL tracks daily changes in the Bloomberg Natural Gas Subindex. UNG has underperformed natural gas February futures, which have fallen 7.8% in the past four trading sessions. Lower natural gas prices could be negative for natural gas–weighted stocks. Cabot Oil & Gas (COG), Chesapeake Energy (CHK), Gulfport Energy (GPOR), and Southwestern Energy (SWN), the weakest natural gas–weighted stocks, rose 0.8%, 4.7%, 7.3%, and 10.5%, respectively, last week. All natural gas–weighted stocks rose. ## Long-term returns and forward curve Between March 3, 2016, and January 4, 2018, natural gas active futures rose 85.7% from their 17-year low, while UNG and BOIL returned 8.3% and -41.4%, respectively. Since March 3, 2016, UNG and BOIL have delivered lower returns than natural gas active futures, possibly due to a negative roll yield. BOIL’s actual and expected returns could also be different due to daily price changes. As of January 4, natural gas futures for delivery between February and May 2019 closed in descending order, which could be a positive sign for these ETFs’ returns. Continue to Next Part Browse this series on Market Realist: * Part 1 - What Goldman Sachs Thinks about Oil * Part 2 - Last Week in Review: Energy Outperforms Other Sectors * Part 3 - Last Week’s Top Energy Stocks
- Market Realist•13 days ago
What to Expect from Natural Gas Next Week
What to Expect from Natural Gas Next Week ## Natural gas’s implied volatility On January 3, natural gas’s implied volatility was 52.6%, which was ~26.6% below its 15-day moving average. In the trailing week, natural gas’s implied volatility fell 20.5%. Natural gas’s February futures fell 16.9% during the same period. Since June 2018, these two metrics have been moving in tandem. ## Natural gas prices and the weather forecast Based on natural gas’s implied volatility of 52.6% and assuming a normal distribution of prices, natural gas futures are expected to close between $2.75 and $3.14 per MMBtu 68.0% of the time until January 11. On January 3, natural gas February futures fell 0.4% to $2.945 per MMBtu. However, the weather forecast suggests colder weather after January 11, which might push natural gas to the upper limit of our price forecast. Today, the EIA reported a fall of 20 Bcf (billion cubic feet) in natural gas inventories for the week ended December 28. The fall was 27 Bcf less than Reuters’ analyst expectations. ## Impact on ETFs and stocks These price limits could be important for ETFs that follow natural gas futures. In the trailing week, the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) fell 29%. Natural gas prices fell 16.9% during the same period. Natural-gas-weighted stocks Southwestern Energy (SWN), Cabot Oil & Gas (COG), Range Resources Corporation (RRC), and Antero Resources (AR) have fallen 1.1%, 1.6%, 2.4%, and 3.1%, respectively, in the trailing week. These stocks underperformed other natural-gas-weighted stocks in the trailing week.
- Market Realist•15 days ago
Falling EIA Data Might Support Natural Gas Prices
What Might Spook Natural Gas in Early 2019?(Continued from Prior Part)Inventories spread and natural gas prices In the week ending on December 21, the inventories spread was -19.2%. The inventories spread is the difference between natural gas inventories and their five-year average.
- Market Realist•15 days ago
Rig Count Might Be Negative for Natural Gas Prices
What Might Spook Natural Gas in Early 2019?(Continued from Prior Part)Natural gas rig count The natural gas rig count was at 198 last week—one more than the previous week an just two less than the highest level in 2018 since September 2015.
- American City Business Journals•17 days ago
Mariner East 2's up and running, and here's why that's great news for natural gas producers
Mariner East 2's up and running, and here's why that's great news for natural gas producers
Market Realist•20 days agoWhere Natural Gas Prices Might Head Next Week
On December 27, natural gas’s implied volatility was 66.2%, which was ~15.7% below its 15-day moving average. In the trailing week, natural gas’s implied volatility fell 11.6%. Natural gas February futures rose 0.6% during the same period. Since June, these two metrics have been moving in tandem.
Market Realist•21 days agoWhy Temperature Forecasts Aren’t Boosting Natural Gas Prices
From December 19 to 26, natural gas February futures fell 5.3% and settled at $3.458 per MMBtu (million British thermal units). Bearish weather forecasts might have dragged natural gas prices down.
Market Realist•21 days agoWill EIA Data Push Natural Gas Prices Higher?
In the week ending on December 14, the inventories spread was -20.6%. The inventories spread is the difference between natural gas inventories and their five-year average. During this period, the inventories spread expanded by 70 basis points compared to the previous week.
Market Realist•21 days agoOil Rigs Might Concern Natural Gas Bulls
The natural gas rig count was at 197 last week—one less than the previous week. The natural gas rig count has fallen ~87.7% from its record level of 1,606 in 2008.
- Simply Wall St.•22 days ago
Have Insiders Been Selling Southwestern Energy Company (NYSE:SWN) Shares This Year?
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples Read More...
Market Realist•29 days agoAnalyzing the Natural Gas Futures Spread
On December 18, the natural gas futures for January 2019 closed at a premium of ~$0.7 to the January 2020 futures. On December 11, the futures spread was at a premium of $1.2. On December 11–18, the natural gas January futures fell 12.9%.
Market Realist•29 days agoNatural Gas Prices: Why the Rig Count Is Important
The natural gas rig count was at 198 last week—unchanged from the previous week. The natural gas rig count has fallen ~87.7% from its record level of 1,606 in 2008.
- Zacks•last month
Implied Volatility Surging for Southwestern Energy (SWN) Stock Options
Investors need to pay close attention to Southwestern Energy (SWN) stock based on the movements in the options market lately.
- Insider Monkey•last month
Southwestern Energy Company (SWN): Are Hedge Funds Right About This Stock?
Amid an overall market correction, many stocks that smart money investors were collectively bullish on tanked during the fourth quarter. Among them, Amazon and Netflix ranked among the top 30 picks and both lost around 20%. Facebook, which was the second most popular stock, lost 14% amid uncertainty regarding the interest rates and tech valuations. […]
Market Realist•last monthAnalyzing the Sharp Rise in Natural Gas Prices
The natural gas rig count was at 198 last week—nine more than the previous week. The natural gas rig count has fallen ~87.7% from its record level of 1,606 in 2008. Since September, natural gas prices have risen nearly 38%, which might be luring natural gas producers to increase their production.
Market Realist•last monthWhy These Upstream Stocks Were Underperformers Last Week
Between November 30 and December 7, Ultra Petroleum (UPL) fell the most on our list of upstream energy stocks. In fact, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 3.9%—the second-largest fall among the major energy ETFs under discussion.
