As of May 2, 2017, 40 analysts have given recommendations on Southwestern Energy (SWN). These recommendations include five “strong buys,” five “buys,” 27 “holds,” two “sells,” and one “strong sell.”
The median target price from above mentioned Wall Street analyst recommendations is $10.00, which is ~71% higher than its May 1, 2017, closing price of $7.53. The mean target price for SWN stock from these recommendations is now $11.08, which is higher than the median target price.
Since 1Q17 earnings on April 27, all SWN recommendations have remained unchanged. Since its 1Q17 earnings release on April 27, Southwestern Energy’s median target price has remained unchanged, while its mean target price has fallen from $11.21 to $11.08.
Other oil and gas producers
By comparison, based on the mean price targets from Wall Street analysts, oil and gas peers Carrizo Oil & Gas (CRZO) and Gulfport Energy (GPOR) have potential upsides of ~75% and ~72%, respectively, from their May 1 closing prices. Denbury Resources (DNR) has a potential upside of ~30%.
Notably, the SPDR S&P Oil and Gas Exploration & Production ETF (XOP) generally invests at least 80% of its total assets in oil and gas exploration companies. The Energy Select Sector SPDR ETF (XLE) generally invests at least 95% of its total assets in oil and gas companies.
For ongoing updates on this industry, keep checking in with Market Realist’s Energy and Power page.