Southwestern Energy Company (SWN) : Sailingstone Capital Partners scooped up 20,714,103 additional shares in Southwestern Energy Company during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 39,497,146 shares of Southwestern Energy Company which is valued at $313.2 Million.Southwestern Energy Company makes up approximately 8.12% of Sailingstone Capital Partners’s portfolio.
Other Hedge Funds, Including , Amp Capital Investors Ltd reduced its stake in SWN by selling 4,600 shares or 4.4% during the fourth quarter. The Hedge Fund company now holds 100,045 shares of SWN which is valued at $793,357. Southwestern Energy Company makes up approx 0.01% of Amp Capital Investors Ltd’s portfolio.Primecap Management Coca boosted its stake in SWN during the Q4 period, The investment management firm added 878,389 additional shares and now holds a total of 5,603,325 shares of Southwestern Energy Company which is valued at $44.4 Million. Southwestern Energy Company makes up approx 0.05% of Primecap Management Coca’s portfolio. Kimelman Baird sold out all of its stake in SWN during the fourth quarter. The investment firm sold 24,000 shares of SWN which is valued $190,320. Hap Trading sold out all of its stake in SWN during the fourth quarter. The investment firm sold 15,817 shares of SWN which is valued $125,429.Blackrock Group Ltd reduced its stake in SWN by selling 871,617 shares or 21.99% during the fourth quarter. The Hedge Fund company now holds 3,092,907 shares of SWN which is valued at $24.5 Million. Southwestern Energy Company makes up approx 0.01% of Blackrock Group Ltd’s portfolio.
On the company’s financial health, Southwestern Energy Company reported $-0.02 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $-0.07.Analysts expectations of $ 775.69.During the same quarter in the previous year, the company posted $0.52 EPS.
Many Wall Street Analysts have commented on Southwestern Energy Company. Shares were Downgraded by Barclays on Mar 1, 2016 to ” Underweight” and Lowered the Price Target to $ 4 from a previous price target of $7 .Southwestern Energy Company was Downgraded by Raymond James to ” Underperform” on Feb 29, 2016. Southwestern Energy Company was Downgraded by Jefferies to ” Underperform” on Feb 26, 2016.
Southwestern Energy Company closed down -0.3 points or -3.75% at $7.7 with 1,30,43,056 shares getting traded on Wednesday. Post opening the session at $8.04, the shares hit an intraday low of $7.65 and an intraday high of $8.14 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Southwestern Energy Company is an energy company engaged in natural gas and oil exploration development and production (E&P). The Company is focused on creating and capturing additional value through its natural gas gathering and marketing businesses which it refer to as Midstream Services. The Company conducts its business through subsidiaries. The Companys operations are focused within the United States on development of two natural gas reservoirs located in Arkansas and Pennsylvania. Its operations in Arkansas are focused on a natural gas reservoir Fayetteville Shale and its operations in northeast Pennsylvania are focused on the natural gas reservoir Marcellus Shale. The Company engages in natural gas gathering activities in Arkansas Texas Louisiana Pennsylvania and West Virginia.