Southwestern Energy Company Looks to Continue to Trade Above its Annual-High Share Price Today

March 30, 2022 09:18:47

Southwestern Energy Company (NYSE:SWN) traded at a new 52-week high today of $7.62. So far today approximately 8.5 million shares have been exchanged, as compared to an average 30-day volume of 36 million shares.

Southwestern Energy Co is a US-based independent energy company. It is engaged in exploration, development and production activities, including related natural gas gathering and marketing. The company principally carries its business activities in the United States. The operating segments of the company are the Exploration and Production and Marketing segment. Its Exploration and Production segment is the key revenue driver for the company which includes the revenue derived from the production and sale of natural gas and liquids. The Marketing segment generates revenue through the marketing of both the company and third-party produced natural gas and liquids volumes and through gathering fees associated with the transportation of natural gas to market.

Over the past year, Southwestern Energy Company has traded in a range of $3.81 to $7.62 and is now at $7.33, 92% above that low.

Based on a current price of $7.33, Southwestern Energy Company is currently 0.5% above its average consensus analyst price target of $7.29.

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