Southwestern Energy to sell east Texas assets in $218M deal
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 3:26PM CDT
SWN: 22.60 (+0.33)
Southwestern Energy Announces Sale Of Conventional Assets In East Texas And Arkoma
PR Newswire - Fri Mar 20, 3:05PM CDT
Southwestern Energy Company (NYSE: SWN) announced today that it has executed a definitive agreement with a private buyer to sell Southwestern Energy's conventional oil and gas assets located in East Texas and the Arkoma Basin for approximately $218 million. The proceeds from the transaction will be used to reduce debt. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2015.
SWN: 22.60 (+0.33)
Southwestern Energy (SWN) Stock Up Today as Oil Prices Rise
at The Street - Fri Mar 20, 10:53AM CDT
Southwester Energy (SWN) stock is higher as oil prices gain on a weak dollar.
SWN: 22.60 (+0.33)
Southwestern Energy Sells Pennsylvania Pipelines for $500 Million
at The Street - Fri Mar 20, 9:01AM CDT
The deal gives the Alinda Capital Partners-backed Howard Midstream assets in the Marcellus Shale.
CHK: 13.61 (+0.11), ENLC: 31.72 (+0.23), SWN: 22.60 (+0.33), WPZ: 47.70 (+0.16), ENLK: 27.02 (-0.03)
Downgrade Alert for Southwestern Energy (SWN)
Comtex SmarTrend(R) - Fri Mar 20, 7:02AM CDT
Southwestern Energy (NYSE:SWN) was downgraded from Buy to Neutral at Sterne Agee today. The stock closed yesterday at $22.27 on volume of 9.7 million shares, above average daily volume of 8.8 million. Southwestern Energy has overhead space with shares priced $22.27, or 28.9% below the average consensus analyst price target of $31.33. Southwestern Energy shares should first meet resistance at the 50-day moving average (MA) of $25.08 and find additional resistance at the 200-day MA of $34.11.
SWN: 22.60 (+0.33)
Commodities Today: Energy Names Head Lower Even As D.C. Talks About Lifting Oil Export Ban
Matthew Smith - at Seeking Alpha - Thu Mar 19, 12:23PM CDT
CLR: 41.07 (+0.69), RIG: 14.99 (+0.83), CHK: 13.61 (+0.11), COP: 63.84 (+1.08), SWN: 22.60 (+0.33)
Southwestern Energy cut to Neutral from Buy at Sterne Agee
Seeking Alpha - at Seeking Alpha - Thu Mar 19, 11:58AM CDT
SWN: 22.60 (+0.33)
Range Resources - A Compounding Machine On Sale?
Laurent Staub - at Seeking Alpha - Thu Mar 19, 9:25AM CDT
EQT: 78.92 (+0.49), AR: 36.03 (+0.40), COG: 28.69 (+0.37), RRC: 49.35 (+1.70), SWN: 22.60 (+0.33)
Southwestern Energy (SWN) Stock Lower Today on Analyst Downgrade
at The Street - Thu Mar 19, 8:25AM CDT
Southwestern Energy (SWN) stock is declining after Sterne Agee downgraded shares to 'neutral' from 'buy.'
SWN: 22.60 (+0.33)
Southwestern Energy to sell Pennsylvania gathering assets for $500M
Seeking Alpha - at Seeking Alpha - Thu Mar 19, 7:53AM CDT
SWN: 22.60 (+0.33)
Howard Energy Partners Expands into Marcellus Shale with Acquisition of Pipeline System in Pennsylvania
Business Wire - Thu Mar 19, 7:30AM CDT
Howard Midstream Energy Partners, LLC dba Howard Energy Partners (HEP) today announced that it has executed a definitive purchase and sale agreement with Southwestern Energy Company (NYSE: SWN) to purchase the company's northeast Pennsylvania natural gas gathering assets in Bradford and Lycoming counties for $500 million, subject to customary purchase price adjustments. The gathering systems, serving the Marcellus Shale region, include approximately 100 miles of natural gas gathering pipeline, with nearly 600 million cubic feet per day of capacity and 53,000 horsepower of compression.
SWN: 22.60 (+0.33)
Southwestern Energy Announces Sale Of Gathering Assets In Northeast Pennsylvania
PR Newswire - Thu Mar 19, 7:30AM CDT
Southwestern Energy Company (NYSE: SWN) announced today that it has executed a definitive purchase and sale agreement with Howard Midstream Energy Partners, LLC to sell Southwestern Energy's gathering assets located in Bradford and Lycoming counties in northeastern Pennsylvania for $500 million. The assets include approximately 100 miles of natural gas gathering pipeline, with nearly 600 million cubic feet per day of capacity. The proceeds from the transaction will be used to substantially repay borrowings under Southwestern Energy's $500 million term loan facility that matures in December 2016. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2015.
SWN: 22.60 (+0.33)
Upgrade Alert for Southwestern Energy (SWN)
Comtex SmarTrend(R) - Wed Mar 18, 7:06AM CDT
Southwestern Energy (NYSE:SWN) was upgraded from Neutral to Buy at Global Hunter today. The stock closed yesterday at $22.57 on volume of 6.6 million shares, below average daily volume of 9.1 million. Southwestern Energy Company is an independent energy company primarily focused on natural gas and crude oil exploration, development and production (E&P) within the United States. The Company operations also include natural gas gathering, transmission, and marketing, as well as natural gas distribution.
SWN: 22.60 (+0.33)
Analysis: ConocoPhillips may withstand oil price disruption better than most
Seeking Alpha - at Seeking Alpha - Tue Mar 17, 6:12PM CDT
NBL: 47.84 (+0.26), SD: 1.64 (+0.07), DVN: 58.66 (+0.40), WLL: 39.03 (-1.04), CLR: 41.07 (+0.69), COP: 63.84 (+1.08), XOM: 84.54 (+0.13), PXD: 163.56 (+4.82), BHP: 48.06 (+1.46), CHK: 13.61 (+0.11), EOG: 90.68 (+1.15), APA: 59.55 (-0.33), MRO: 26.18 (+0.49), SWN: 22.60 (+0.33), APC: 81.95 (+1.52)
Stocks Take A Quiet Stumble; Boston Scientific, Adobe Advance
at Investor's Business Daily - Tue Mar 17, 9:34AM CDT
Stocks rolled out a weak start Tuesday, after posting the strongest price gain of the month on Monday. The Dow Jones industrial average fell 0.8%. The S&P 500 was down 0.5%. The Nasdaq kept to a 0.2% decline. Volume was soft, down 2% on the Nasdaq...
BSX: 17.84 (+0.03), KO: 40.65 (+0.63), UA: 81.43 (+0.42), NOAH: 22.07 (-0.87), SAVE: 79.79 (-0.16), COG: 28.69 (+0.37), AKRX: 49.03 (-0.41), SWN: 22.60 (+0.33), ADBE: 77.36 (+0.22)
Next Resistance Level for Southwestern Energy (SWN) is $22.95
Comtex SmarTrend(R) - Tue Mar 17, 9:10AM CDT
Southwestern Energy (NYSE:SWN) has opened bullishly above the pivot of $22.34 today and has reached the first level of resistance at $22.75. Should the shares continue to rise, the resistance pivots of $22.95 and $23.56 will be of interest.
SWN: 22.60 (+0.33)
Despite Healthy Draw Supply Glut Keeps Natural Gas Below $3 - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Mon Mar 16, 12:27PM CDT
Natural gas stockpiles still remain plentiful, thereby pressuring prices.
DVN: 58.66 (+0.40), EOG: 90.68 (+1.15), CRZO: 47.86 (+1.37), BCEI: 25.50 (-0.38), PVA: 7.64 (+0.05), SWN: 22.60 (+0.33)
Starboard Resources, Inc. Is Not Represented By Gregory Imbruce
ACCESSWIRE - Mon Mar 16, 8:10AM CDT
SAN ANTONIO, TX / ACCESSWIRE / March 16, 2015 / Starboard Resources, Inc. (CIK #0001554970) (the "Company"
JONE: 8.64 (+0.45), BCEI: 25.50 (-0.38), AXAS: 2.91 (-0.21), RICE: 19.84 (+0.22), EGN: 63.84 (+0.60), CHK: 13.61 (+0.11), PNRG: 54.52 (-0.05), CRZO: 47.86 (+1.37), DNR: 7.46 (-0.04), SWN: 22.60 (+0.33), APC: 81.95 (+1.52), YUMA: 1.16 (+0.01), MCF: 21.42 (+0.32), XEC: 110.62 (+3.39), SN: 11.80 (+0.08), SM: 47.09 (+1.88), ROSE: 16.57 (+0.11), ARP: 7.31 (+0.05), CWEI: 47.96 (+2.06), NFX: 33.29 (+0.82), CPE: 6.89 (+0.06), SFY: 2.12 (-0.07), PQ: 2.08 (+0.02), ESTE: 25.40 (-0.38), FPP: 1.38 (-0.01), CRK: 3.28 (-0.08)
Lower For Longer: A New Normal For U.S. Natural Gas Prices
Morningstar - Seeking Alpha - Fri Mar 13, 1:06PM CDT
By Mark Hanson and Stephen Simko Examining the impact of abundant low-cost supply--and uncertainty in global oil markets--on the domestic natural gas complex. In the face of continued growth of low-cost supply, we are reducing our midcycle...
AR: 36.03 (+0.40), COG: 28.69 (+0.37), SWN: 22.60 (+0.33), RRC: 49.35 (+1.70)
Next Support Level for Southwestern Energy (SWN) is $21.96
Comtex SmarTrend(R) - Fri Mar 13, 12:33PM CDT
Shares of Southwestern Energy (NYSE:SWN) have bearishly opened below the pivot of $22.31 today and have reached the first support level of $22.09. Analysts will be watching for a cross of the next downside pivot targets of $21.96 and $21.61.
SWN: 22.60 (+0.33)