Southwestern Energy Company (SWN) 14.41 $SWN
Southwestern Energy's Strong Asset Base to Boost Growth
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:04AM CDT
On Jul 8, 2016, we issued an updated research report on Houston-based Southwestern Energy Company (SWN).
SOL: 1.26 (+0.01), BAK: 11.28 (+0.10), MUSA: 76.29 (+0.05), SWN: 14.41 (+1.51)
Webcast Alert: Southwestern Energy Company Invites You to Join Its Second Quarter 2016 Earnings Conference Call on the Web
PR Newswire - Mon Jul 11, 8:30AM CDT
In conjunction with Southwestern Energy Company's 2016 Second Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Friday, July 22, 2016, at 10:00 a.m. EDT with Bill Way, President and Chief Executive Officer of Southwestern Energy Company. Southwestern Energy Company announces the following Webcast:
SWN: 14.41 (+1.51)
How Southwestern Energy (SWN) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 7:50AM CDT
Southwestern Energy (SWN) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
SWN: 14.41 (+1.51)
Stock Market News for July 06, 2016
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:10AM CDT
Benchmarks snapped four straight-session winning streak to finish in the red on Tuesday following renewed "Brexit" fears
GS: 156.63 (+4.44), JPM: 63.16 (+0.89), MUR: 32.10 (+2.36), CHK: 4.54 (+0.36), C: 43.33 (+1.04), HAL: 46.21 (+1.73), XOM: 94.67 (+0.78), COP: 44.17 (+1.72), WFC: 48.35 (+0.27), BAC: 13.57 (+0.36), CVX: 106.91 (+1.52), SWN: 14.41 (+1.51)
Natural Gas Hits 13-Month High on Bullish Storage Report
Nilanjan Choudhury - Zacks Investment Research - Wed Jul 06, 8:06AM CDT
Following the below-average build and hot weather forecast, natural gas futures marked another weekly gain.
DVN: 40.04 (+2.37), EQT: 78.34 (+1.39), COG: 26.19 (+0.59), XEC: 121.91 (+4.29), WMB: 21.83 (+1.10), RRC: 45.31 (+1.87), SWN: 14.41 (+1.51)
Upgrade Alert for Southwestern Energy (SWN)
Comtex SmarTrend(R) - Wed Jul 06, 3:30AM CDT
Southwestern Energy (NYSE:SWN) was upgraded from Underperform to Market Perform at Raymond James today. The stock closed yesterday at $11.66 on volume of 21.6 million shares, above average daily volume of 18.3 million. Southwestern Energy (NYSE:SWN) has potential upside of 54.5% based on a current price of $11.66 and analysts' consensus price target of $18.02. The stock should find initial support at its 200-day moving average (MA) of $10.87 and further support at its 50-day MA of $9.06.
SWN: 14.41 (+1.51)
Southwestern Energy Completes Offering Of 98,900,000 Shares Of Common Stock
PR Newswire - Tue Jul 05, 4:26PM CDT
Southwestern Energy Company (NYSE: SWN) today announced the completion of its previously announced underwritten public offering of 98,900,000 shares of its common stock, with net proceeds from the offering to the company totaling approximately $1,247 million after underwriting discounts and offering expenses.
SWN: 14.41 (+1.51)
Southwestern Energy Set to Possibly Rebound After Yesterday's Selloff of 11.53%
Comtex SmarTrend(R) - Tue Jul 05, 1:46PM CDT
Southwestern Energy (NYSE:SWN) traded in a range yesterday that spanned from a low of $11.42 to a high of $12.76. Yesterday, the shares fell 11.5%, which took the trading range below the 3-day low of $12.54 on volume of 10.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SWN: 14.41 (+1.51)
Fitch Affirms Southwestern Energy Co. at 'B+'; Outlook Revised to Positive
BusinessWire - Thu Jun 30, 9:52AM CDT
Fitch Ratings has affirmed Southwestern Energy Company's (Southwestern; NYSE: SWN) Long-Term Issuer Default Rating at 'B+' and unsecured debt ratings at 'B+/RR4'. Fitch has also assigned a 'BB+/RR1' rating to the company's new secured term loan and a 'B+/RR4' rating to its secured credit facility. The Rating Outlook has been revised to Positive from Negative.
SWN: 14.41 (+1.51)
Southwestern Energy Prices Offering of 86M Common Stock
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 8:22AM CDT
Southwestern Energy Company (SWN) priced its underwritten public offering of 86,000,000 shares of its common stock.
BWP: 17.88 (+0.73), SWN: 14.41 (+1.51), CVRR: 6.72 (-0.01), TEGP: 24.49 (+0.25)
Stock Market News for June 29, 2016
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 9:10AM CDT
Following two trading days of losses after the U.K. referendum results, benchmarks closed in the green on Tuesday after investors recouped some of their losses
GS: 156.63 (+4.44), JPM: 63.16 (+0.89), MPC: 37.38 (+0.94), C: 43.33 (+1.04), HAL: 46.21 (+1.73), EOG: 85.44 (+2.54), XOM: 94.67 (+0.78), WFC: 48.35 (+0.27), BAC: 13.57 (+0.36), MRO: 15.63 (+0.94), CVX: 106.91 (+1.52), SWN: 14.41 (+1.51)
Southwestern Energy Prices Upsized Offering Of 86,000,000 Shares Of Common Stock
PR Newswire - Wed Jun 29, 8:40AM CDT
Southwestern Energy Company ("Southwestern Energy"
(NYSE: SWN) priced its previously announced underwritten public offering of 86,000,000 shares of its common stock on June 29, 2016 (the "offering". The offering was upsized from the previously announced offering of 75,000,000 shares of Southwestern Energy's common stock. Total gross proceeds of the offering (before underwriter's discounts and commissions and estimated offering expenses) will be approximately $1.1 billion. The underwriter intends to offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. In addition, Southwestern Energy granted the respective underwriters a 30-day option to purchase up to 12,900,000 additional shares of its common stock. The net proceeds from the offering will be used to repay $375.0 million of the $750.0 million term loan Southwestern Energy entered into in November 2015 under the Amended and Restated Term Loan Credit Agreement with various lenders and Bank of America, N.A., as administrative agent and lender (the "2015 Term Loan", and the remaining net proceeds of the offering, together with cash on hand, to fund Southwestern Energy's tender offers (the "Tender Offers" to purchase for cash, subject to certain conditions, up to $750.0 million aggregate purchase price, excluding accrued interest, of its 3.30% senior notes due 2018, 7.50% senior notes due 2018 and 4.05% senior notes due 2020. If the Tender Offers are not consummated, or the aggregate amount of securities tendered in the Tender Offers and accepted for payment is less than the net proceeds of the common stock offering dedicated for that purpose, Southwestern Energy may use the remainder of those proceeds for general corporate purposes, including the repayment of additional indebtedness outstanding under the 2015 Term Loan, the completion of wells already drilled or the funding of other capital projects. The net proceeds from any exercise by the underwriters of their option to purchase additional shares of common stock will be used to fund a portion of the Tender Offers or for general corporate purposes as described above. The closing of the offering, which is expected to occur on July 5, 2016, is subject to customary closing conditions.
JPM: 63.16 (+0.89), SWN: 14.41 (+1.51)
Southwestern Energy Announces Cash Tender Offers
PR Newswire - Wed Jun 29, 7:31AM CDT
Southwestern Energy Company (NYSE: SWN) (the "Company" today announced that it has launched offers to purchase for cash (collectively, the "Tender Offers" and each a "Tender Offer" its outstanding senior notes listed in the table below (collectively, the "Notes", upon the terms and conditions described in the Company's Offer to Purchase dated June 29, 2016 (the "Offer to Purchase".
SWN: 14.41 (+1.51)
Southwestern Energy (SWN) Approaches New Upside Target of $13.33
Comtex SmarTrend(R) - Tue Jun 28, 9:22AM CDT
Shares of Southwestern Energy (NYSE:SWN) have bullishly opened above the pivot of $12.50 today and have reached the first resistance level of $12.87. Should the shares continue to rise, the resistance pivots of $13.33 and $14.16 will be of interest.
SWN: 14.41 (+1.51)
Another Below-Average Build Pushes Natural Gas Higher
Nilanjan Choudhury - Zacks Investment Research - Mon Jun 27, 4:13PM CDT
Following the below-average build and hot weather forecast, natural gas futures marked another weekly gain.
DVN: 40.04 (+2.37), EQT: 78.34 (+1.39), COG: 26.19 (+0.59), XEC: 121.91 (+4.29), WMB: 21.83 (+1.10), RRC: 45.31 (+1.87), SWN: 14.41 (+1.51)
Research Report Initiated on Select Independent Oil & Gas Equities
ACCESSWIRE - Mon Jun 27, 8:25AM CDT
LONDON, UK / ACCESSWIRE / June 27, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Independent Oil & Gas industry. Companies recently under review include Chesapeake Energy, Marathon Oil, Southwestern Energy, and Triangle Petroleum. See our complete report on Chesapeake Energy at:
CHK: 4.54 (+0.36), MRO: 15.63 (+0.94), TPLM: 0.26 (+0.03), SWN: 14.41 (+1.51)
Valeant Pharmaceuticals, Teva, Red Hat, Schlumberger, and Southwestern Energy Company and more offer option-trading opportunities that offer returns of more than 20%
PR Newswire - Tue Jun 21, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for VRX, TEVA, RHT, SLB and SWN.
VRX: 23.36 (+0.27), RHT: 74.02 (+1.38), TEVA: 52.47 (+1.54), SWN: 14.41 (+1.51), SLB: 79.96 (+1.94)
Natural Gas Hits 9-Month High on Below-Average Build
Nilanjan Choudhury - Zacks Investment Research - Mon Jun 20, 1:25PM CDT
Following the below-average build and hot weather forecast, natural gas futures marked its highest settlement since Sep 17.
DVN: 40.04 (+2.37), EQT: 78.34 (+1.39), COG: 26.19 (+0.59), XEC: 121.91 (+4.29), WMB: 21.83 (+1.10), RRC: 45.31 (+1.87), SWN: 14.41 (+1.51)
Southwestern Energy's Strong Asset Base to Boost Growth
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:04AM CDT
On Jul 8, 2016, we issued an updated research report on Houston-based Southwestern Energy Company (SWN).
SOL: 1.26 (+0.01), BAK: 11.28 (+0.10), MUSA: 76.29 (+0.05), SWN: 14.41 (+1.51)
Webcast Alert: Southwestern Energy Company Invites You to Join Its Second Quarter 2016 Earnings Conference Call on the Web
PR Newswire - Mon Jul 11, 8:30AM CDT
In conjunction with Southwestern Energy Company's 2016 Second Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Friday, July 22, 2016, at 10:00 a.m. EDT with Bill Way, President and Chief Executive Officer of Southwestern Energy Company. Southwestern Energy Company announces the following Webcast:
SWN: 14.41 (+1.51)
How Southwestern Energy (SWN) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 7:50AM CDT
Southwestern Energy (SWN) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
SWN: 14.41 (+1.51)
Stock Market News for July 06, 2016
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:10AM CDT
Benchmarks snapped four straight-session winning streak to finish in the red on Tuesday following renewed "Brexit" fears
GS: 156.63 (+4.44), JPM: 63.16 (+0.89), MUR: 32.10 (+2.36), CHK: 4.54 (+0.36), C: 43.33 (+1.04), HAL: 46.21 (+1.73), XOM: 94.67 (+0.78), COP: 44.17 (+1.72), WFC: 48.35 (+0.27), BAC: 13.57 (+0.36), CVX: 106.91 (+1.52), SWN: 14.41 (+1.51)
Natural Gas Hits 13-Month High on Bullish Storage Report
Nilanjan Choudhury - Zacks Investment Research - Wed Jul 06, 8:06AM CDT
Following the below-average build and hot weather forecast, natural gas futures marked another weekly gain.
DVN: 40.04 (+2.37), EQT: 78.34 (+1.39), COG: 26.19 (+0.59), XEC: 121.91 (+4.29), WMB: 21.83 (+1.10), RRC: 45.31 (+1.87), SWN: 14.41 (+1.51)
Upgrade Alert for Southwestern Energy (SWN)
Comtex SmarTrend(R) - Wed Jul 06, 3:30AM CDT
Southwestern Energy (NYSE:SWN) was upgraded from Underperform to Market Perform at Raymond James today. The stock closed yesterday at $11.66 on volume of 21.6 million shares, above average daily volume of 18.3 million. Southwestern Energy (NYSE:SWN) has potential upside of 54.5% based on a current price of $11.66 and analysts' consensus price target of $18.02. The stock should find initial support at its 200-day moving average (MA) of $10.87 and further support at its 50-day MA of $9.06.
SWN: 14.41 (+1.51)
Southwestern Energy Completes Offering Of 98,900,000 Shares Of Common Stock
PR Newswire - Tue Jul 05, 4:26PM CDT
Southwestern Energy Company (NYSE: SWN) today announced the completion of its previously announced underwritten public offering of 98,900,000 shares of its common stock, with net proceeds from the offering to the company totaling approximately $1,247 million after underwriting discounts and offering expenses.
SWN: 14.41 (+1.51)
Southwestern Energy Set to Possibly Rebound After Yesterday's Selloff of 11.53%
Comtex SmarTrend(R) - Tue Jul 05, 1:46PM CDT
Southwestern Energy (NYSE:SWN) traded in a range yesterday that spanned from a low of $11.42 to a high of $12.76. Yesterday, the shares fell 11.5%, which took the trading range below the 3-day low of $12.54 on volume of 10.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SWN: 14.41 (+1.51)
Fitch Affirms Southwestern Energy Co. at 'B+'; Outlook Revised to Positive
BusinessWire - Thu Jun 30, 9:52AM CDT
Fitch Ratings has affirmed Southwestern Energy Company's (Southwestern; NYSE: SWN) Long-Term Issuer Default Rating at 'B+' and unsecured debt ratings at 'B+/RR4'. Fitch has also assigned a 'BB+/RR1' rating to the company's new secured term loan and a 'B+/RR4' rating to its secured credit facility. The Rating Outlook has been revised to Positive from Negative.
SWN: 14.41 (+1.51)
Southwestern Energy Prices Offering of 86M Common Stock
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 8:22AM CDT
Southwestern Energy Company (SWN) priced its underwritten public offering of 86,000,000 shares of its common stock.
BWP: 17.88 (+0.73), SWN: 14.41 (+1.51), CVRR: 6.72 (-0.01), TEGP: 24.49 (+0.25)
Stock Market News for June 29, 2016
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 9:10AM CDT
Following two trading days of losses after the U.K. referendum results, benchmarks closed in the green on Tuesday after investors recouped some of their losses
GS: 156.63 (+4.44), JPM: 63.16 (+0.89), MPC: 37.38 (+0.94), C: 43.33 (+1.04), HAL: 46.21 (+1.73), EOG: 85.44 (+2.54), XOM: 94.67 (+0.78), WFC: 48.35 (+0.27), BAC: 13.57 (+0.36), MRO: 15.63 (+0.94), CVX: 106.91 (+1.52), SWN: 14.41 (+1.51)
Southwestern Energy Prices Upsized Offering Of 86,000,000 Shares Of Common Stock
PR Newswire - Wed Jun 29, 8:40AM CDT
Southwestern Energy Company ("Southwestern Energy"
(NYSE: SWN) priced its previously announced underwritten public offering of 86,000,000 shares of its common stock on June 29, 2016 (the "offering". The offering was upsized from the previously announced offering of 75,000,000 shares of Southwestern Energy's common stock. Total gross proceeds of the offering (before underwriter's discounts and commissions and estimated offering expenses) will be approximately $1.1 billion. The underwriter intends to offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. In addition, Southwestern Energy granted the respective underwriters a 30-day option to purchase up to 12,900,000 additional shares of its common stock. The net proceeds from the offering will be used to repay $375.0 million of the $750.0 million term loan Southwestern Energy entered into in November 2015 under the Amended and Restated Term Loan Credit Agreement with various lenders and Bank of America, N.A., as administrative agent and lender (the "2015 Term Loan", and the remaining net proceeds of the offering, together with cash on hand, to fund Southwestern Energy's tender offers (the "Tender Offers" to purchase for cash, subject to certain conditions, up to $750.0 million aggregate purchase price, excluding accrued interest, of its 3.30% senior notes due 2018, 7.50% senior notes due 2018 and 4.05% senior notes due 2020. If the Tender Offers are not consummated, or the aggregate amount of securities tendered in the Tender Offers and accepted for payment is less than the net proceeds of the common stock offering dedicated for that purpose, Southwestern Energy may use the remainder of those proceeds for general corporate purposes, including the repayment of additional indebtedness outstanding under the 2015 Term Loan, the completion of wells already drilled or the funding of other capital projects. The net proceeds from any exercise by the underwriters of their option to purchase additional shares of common stock will be used to fund a portion of the Tender Offers or for general corporate purposes as described above. The closing of the offering, which is expected to occur on July 5, 2016, is subject to customary closing conditions. JPM: 63.16 (+0.89), SWN: 14.41 (+1.51)
Southwestern Energy Announces Cash Tender Offers
PR Newswire - Wed Jun 29, 7:31AM CDT
Southwestern Energy Company (NYSE: SWN) (the "Company"
today announced that it has launched offers to purchase for cash (collectively, the "Tender Offers" and each a "Tender Offer" its outstanding senior notes listed in the table below (collectively, the "Notes", upon the terms and conditions described in the Company's Offer to Purchase dated June 29, 2016 (the "Offer to Purchase". SWN: 14.41 (+1.51)
Southwestern Energy (SWN) Approaches New Upside Target of $13.33
Comtex SmarTrend(R) - Tue Jun 28, 9:22AM CDT
Shares of Southwestern Energy (NYSE:SWN) have bullishly opened above the pivot of $12.50 today and have reached the first resistance level of $12.87. Should the shares continue to rise, the resistance pivots of $13.33 and $14.16 will be of interest.
SWN: 14.41 (+1.51)
Another Below-Average Build Pushes Natural Gas Higher
Nilanjan Choudhury - Zacks Investment Research - Mon Jun 27, 4:13PM CDT
Following the below-average build and hot weather forecast, natural gas futures marked another weekly gain.
DVN: 40.04 (+2.37), EQT: 78.34 (+1.39), COG: 26.19 (+0.59), XEC: 121.91 (+4.29), WMB: 21.83 (+1.10), RRC: 45.31 (+1.87), SWN: 14.41 (+1.51)
Research Report Initiated on Select Independent Oil & Gas Equities
ACCESSWIRE - Mon Jun 27, 8:25AM CDT
LONDON, UK / ACCESSWIRE / June 27, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Independent Oil & Gas industry. Companies recently under review include Chesapeake Energy, Marathon Oil, Southwestern Energy, and Triangle Petroleum. See our complete report on Chesapeake Energy at:
CHK: 4.54 (+0.36), MRO: 15.63 (+0.94), TPLM: 0.26 (+0.03), SWN: 14.41 (+1.51)
Valeant Pharmaceuticals, Teva, Red Hat, Schlumberger, and Southwestern Energy Company and more offer option-trading opportunities that offer returns of more than 20%
PR Newswire - Tue Jun 21, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for VRX, TEVA, RHT, SLB and SWN.
VRX: 23.36 (+0.27), RHT: 74.02 (+1.38), TEVA: 52.47 (+1.54), SWN: 14.41 (+1.51), SLB: 79.96 (+1.94)
Natural Gas Hits 9-Month High on Below-Average Build
Nilanjan Choudhury - Zacks Investment Research - Mon Jun 20, 1:25PM CDT
Following the below-average build and hot weather forecast, natural gas futures marked its highest settlement since Sep 17.
DVN: 40.04 (+2.37), EQT: 78.34 (+1.39), COG: 26.19 (+0.59), XEC: 121.91 (+4.29), WMB: 21.83 (+1.10), RRC: 45.31 (+1.87), SWN: 14.41 (+1.51)
