5.26 +0.01 (0.19%)
After hours: 7:54PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||5.21 - 5.48|
|52-week range||4.90 - 10.05|
|PE ratio (TTM)||8.44|
|Earnings date||21 Feb 2018 - 26 Feb 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||7.61|
Between December 27, 2017, and January 3, 2018, natural gas–weighted stocks from the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 4.9%.
Oil prices are important for natural gas supplies. Oil can impact the market sentiment across other markets like gas and equities as well.
As of December 29, 2017, 22.7% of the 22 analysts covering COP recommended a "strong buy," 50.0% recommended a "buy," while the remaining 27.3% have "hold" recommendations ...
In the week ending December 22, natural gas inventories were at 3,332 Bcf (billion cubic feet)—a fall of 112 Bcf compared to an estimated fall of 115 Bcf.
As of November 30, 2017, Southwestern Energy's (SWN) short interest stood at ~44.85 million. Its average daily volume is ~16.7 million.
As of December 29, 2017, four analysts rated Southwestern Energy as a "strong buy," four analysts rated it as a "buy," and 23 analysts rated it as a "hold."
As of December 29, 2017, Southwestern Energy had an implied volatility of ~58.3%, which is higher than its implied volatility of ~53.1% at the end of 3Q17.
Southwestern Energy’s (SWN) stock price rose ~4.9% for the week ending December 29. Even natural gas (UGAZ) (DGAZ) (UNG) prices moved to the upside.
For the week ending December 29, Southwestern Energy stock rose ~4.9% from $5.32 to $5.58. The stock rose in the first three trading sessions of the week.
All these natural gas–weighted stocks show a higher correlation with oil than with natural gas prices in this short-term period.
WPX Energy (WPX) and Chesapeake Energy (CHK) were the only natural-gas-weighted stocks that closed in the green in the trailing week.
Amid oil prices recovery and declining inventories, the energy stocks are likely to witness growth. Hence, some of these stocks with strong fundamentals are perfect buys.
As of November 15, 2017, Southwestern Energy's (SWN) short interest stood at ~41.70 million, while its average daily volume is ~6.13 million.
As of December 15, Southwestern Energy had an implied volatility of ~54.9%, which is higher than its implied volatility of ~53.1% on September 30, 2017.
For the week ending December 15, Southwestern Energy stock had a very high correlation of ~92% with the natural gas (UNG) (DGAZ).
The Zacks Analyst Blog Highlights: Rex Energy, Southwestern Energy, Cabot Oil & Gas, EQT and Rice Midstream Partners