Southwestern Energy Co Stock Research

Market Summary

USD4.86+0.14

Delayed

2.97%

SWN Stock Price

SWN RSI Chart

SWN Valuation

Market Cap

5.4B

Price/Earnings (Trailing)

2.92

Price/Sales (Trailing)

0.36

EV/EBITDA

1.64

Price/Free Cashflow

1.71

SWN Price/Sales (Trailing)

SWN Profitability

EBT Margin

12.67%

Return on Equity

42.76%

Return on Assets

14.3%

Free Cashflow Yield

58.45%

SWN Fundamentals

SWN Revenue

Revenue (TTM)

15.0B

Revenue Y/Y

14.69%

Revenue Q/Q

-25.57%

SWN Earnings

Earnings (TTM)

1.8B

Earnings Y/Y

22.87%

Earnings Q/Q

544.67%

Price Action

52 Week Range

4.609.87

(Low)(High)

Last 7 days

-11.9%

Last 30 days

-10.9%

Last 90 days

-25.7%

Trailing 12 Months

-9.1%

SWN Financial Health

Current Ratio

0.48

Debt/Equity

5.18

Debt/Cashflow

0.4

SWN Investor Care

Shares Dilution (1Y)

41.07%

Diluted EPS (TTM)

1.66

Peers (Alternatives to Southwestern Energy)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
EOG	60.9B	25.7B	-23.86%	-6.70%	7.85	2.37	37.87%	66.36%
OXY	60.4B	37.1B	-12.29%	4.78%	4.68	1.64	40.97%	472.95%
DVN	49.8B	19.8B	-29.01%	-13.47%	9.45	2.71	44.20%	113.83%
PXD	44.6B	24.4B	-21.77%	-18.01%	5.68	1.83	36.45%	270.40%
FANG	22.6B	9.6B	-17.20%	4.67%	5.15	2.34	41.87%	101.01%
APA	14.4B	11.9B	-24.61%	-11.58%	4.67	1.31	50.58%	232.96%
MID-CAP
OVV	8.6B	14.3B	-31.07%	-22.32%	2.37	0.6	36.25%	156.85%
RRC	6.0B	5.3B	-6.30%	-5.53%	5.09	1.13	49.01%	187.38%
MTDR	5.4B	3.2B	-31.43%	-11.75%	4.47	1.7	71.67%	107.57%
OAS	4.4B	3.6B	-33.88%	7.97%	4.99	1.94	130.82%	480.77%
CRK	3.0B	3.6B	-16.98%	14.70%	2.6	0.82	96.03%	571.98%
KOS	2.9B	2.2B	-22.76%	7.07%	12.82	1.29	68.57%	391.06%
CPE	1.9B	3.2B	-26.77%	-44.44%	1.56	0.58	60.18%	231.32%
SMALL-CAP
PARR	1.6B	7.3B	-8.48%	116.33%	4.35	0.22	55.45%	547.97%
LPI	805.4M	1.9B	-8.19%	-35.44%	1.28	0.42	37.78%	335.50%

Financials for Southwestern Energy

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	3.0%	15,002	14,569	11,626	8,538	6,667
S&GA Expenses	10.4%	170	154	145	144	138
Costs and Expenses	4.5%	7,648	7,320	6,155	4,905	4,032
EBITDA	25.2%	3,258	2,603	109	-1,905	-
EBITDA Margin	21.6%	0.22*	0.18*	0.01*	-0.22*	-
Earnings Before Taxes	40.7%	1,900	1,350	-968	-2,776	-25.00
EBT Margin	36.7%	0.13*	0.09*	-0.10*	-0.33*	-
Interest Expenses	2.2%	184	180	164	146	136
Net Income	41.3%	1,849	1,309	-998	-2,780	-25.00
Net Income Margin	37.2%	0.12*	0.09*	-0.11*	-0.33*	-
Free Cahsflow	15.6%	3,154	2,729	2,145	1,988	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-1.4%	12,926	13,104	12,932	11,847	11,848
Current Assets	-16.9%	1,664	2,002	2,004	1,238	1,413
Cash Equivalents	354.5%	50.00	11.00	50.00	21.00	28.00
Net PPE	1.5%	10,903	10,740	10,514	10,215	9,938
Current Liabilities	-36.1%	3,481	5,451	5,294	5,670	3,052
LT Debt, Current	-100.0%	-	5.00	5.00	5.00	206
LT Debt, Non Current	-9.5%	4,392	4,855	5,081	4,895	5,201
Shareholder's Equity	205.8%	4,324	1,414	1,043	2,547	-
Retained Earnings	53.3%	-2,539	-5,440	-5,890	-7,063	-4,388
Additional Paid-In Capital	0.0%	7,172	7,169	7,168	7,159	7,150
Accumulated Depreciation	1.3%	25,387	25,068	24,770	24,482	24,202
Shares Outstanding	-0.5%	1,110	1,116	1,115	-	-

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	15.6%	3,154	2,729	2,145	1,988	1,363
Share Based Compensation	0%	4.00	4.00	3.00	3.00	2.00
Cashflow From Investing	35.1%	-2,043	-3,150	-3,161	-2,877	-2,604
Cashflow From Financing	-359.3%	-1,089	420	1,064	906	1,256
Buy Backs	-21.9%	125	160	0.00	0.00	-

Risks for SWN

What is the probability of a big loss on SWN?

100%

Probability that Southwestern Energy stock will be more than 20% underwater in next one year

86.5%

Probability that Southwestern Energy stock will be more than 30% underwater in next one year.

57.3%

Probability that Southwestern Energy stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SWN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Southwestern Energy was unfortunately bought at previous high price.

Drawdowns

Returns for SWN

Cumulative Returns on SWN

-18.9%

10-Year Cumulative Returns

-7.1%

7-Year Cumulative Returns

1.1%

5-Year Cumulative Returns

38.7%

3-Year Cumulative Returns

What are the long-term rolling returns for SWN?

FIve years rolling returns for Southwestern Energy.

Annualized Returns

Which funds bought or sold SWN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-15	B. Riley Wealth Advisors, Inc.	added	85.85	157,091	360,091	0.01%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-2.85	-101,452	1,316,550	-%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-1.23	-13,000	217,000	-%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	sold off	-100	-6,000	-	-%
2023-02-28	Voya Investment Management LLC	added	8.61	678,507	18,450,500	0.03%
2023-02-27	Parallax Volatility Advisers, L.P.	added	240	538,219	776,219	-%
2023-02-24	NATIXIS	sold off	-100	-991,000	-	-%
2023-02-22	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	reduced	-1.83	-93,000	1,408,000	0.01%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	added	201	2,376	4,376	-%
2023-02-21	NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC	reduced	-36.54	-387,534	597,466	0.02%

Latest Funds Activity

Are funds buying SWN calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own SWN

No. of Funds

Southwestern Energy News

Schedule 13G FIlings of Southwestern Energy

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 10, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	10.56%	116,543,599	SC 13G/A
Jan 25, 2023	blackrock inc.	8.9%	98,553,877	SC 13G/A
Feb 10, 2022	state street corp	4.54%	46,051,748	SC 13G/A
Feb 10, 2022	vanguard group inc	11.71%	118,811,297	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	1.4%	14,547,649	SC 13G/A
Feb 07, 2022	blackrock inc.	15.3%	155,044,357	SC 13G/A
Feb 16, 2021	dimensional fund advisors lp	5.3%	35,415,485	SC 13G/A

SWN Fair Value

Southwestern Energy fair value in different scenarios

The table shows the Fair Value estimates for Southwestern Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	- -	- -	- -	- -	- -
Current Inflation	10.44 114.81%	16.69 243.42%	30.44 526.34%	39.80 718.93%	57.97 1092.80%
Very High Inflation	- -	- -	- -	- -	- -

Historical Southwestern Energy Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Southwestern Energy

View All Filings

Date Filed	Form Type	Document
Mar 14, 2023	4	Insider Trading
Mar 10, 2023	SC 13G/A	Major Ownership Report
Mar 09, 2023	8-K	Current Report
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading

Latest Insider Trading transactions for SWN

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-11	Huggins Andrew T	acquired	-	-	11,312	svp and division head
2023-03-11	Huggins Andrew T	sold (taxes)	-21,992	4.94	-4,452	svp and division head
2023-02-27	Cutright Derek W	acquired	8,837	6.67	1,325	svp and division head
2023-02-27	Giesler Carl Fredrick	acquired	8,345	5.68	1,469	executive vice president & cfo
2023-02-26	Dyson William Q	acquired	-	-	46,654	svp - operations services
2023-02-26	Carrell Clayton A.	sold (taxes)	-511,253	5.56	-91,952	executive vice president & coo
2023-02-26	Kelly John P	acquired	-	-	51,119	svp and division head
2023-02-26	Huggins Andrew T	sold (taxes)	-34,611	5.56	-6,225	svp and division head
2023-02-26	Way William J	acquired	-	-	492,905	president and ceo
2023-02-26	Cutright Derek W	sold (taxes)	-94,470	5.56	-16,991	svp and division head

About Southwestern Energy

William J. Way

www.swn.com

940

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. It operates through two segments, Exploration and Production, and Marketing. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana. As of December 31, 2021, it had approximately 768,050 net acres in Appalachia; a total of 1,527 wells on production; and approximately proved natural gas, oil, and NGLs reserves comprise 21,148 billion cubic feet of natural gas equivalent (Bcfe). It also engages in the marketing and transportation of natural gas, oil, and NGLs. The company serves LNG exporters, energy companies, utilities, and industrial purchasers of natural gas. Southwestern Energy Company was incorporated in 1929 and is headquartered in Spring, Texas.

SWN Income Statement

2022-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating Revenues:
Total operating revenues	$ 15,002	$ 6,667	$ 2,308
Operating Costs and Expenses:
Operating expenses	1,616	1,170	813
General and administrative expenses	170	138	121
Merger-related expenses	27	76	41
Restructuring charges	0	7	16
Depreciation, depletion and amortization	1,174	546	357
Impairments	0	6	2,830
Taxes, other than income taxes	269	132	55
Total Operating Costs and Expenses	7,648	4,032	5,179
Operating Income (Loss)	7,354	2,635	(2,871)
Interest Expense:
Interest on debt	292	220	171
Other interest charges	13	13	11
Interest capitalized	(121)	(97)	(88)
Total Interest Expense	184	136	94
Gain (Loss) on Derivatives	(5,259)	(2,436)	224
Gain (Loss) on Early Extinguishment of Debt	(14)	(93)	35
Other Income, Net	3	5	1
Income (Loss) Before Income Taxes	1,900	(25)	(2,705)
Provision (Benefit) for Income Taxes:
Current	51	0	(2)
Deferred	0	0	409
Provision for Income Taxes	51	0	407
Net Income (Loss)	$ 1,849	$ (25)	$ (3,112)
Earnings (Loss) Per Common Share
Basic (in dollars per share)	$ 1.67	$ (0.03)	$ (5.42)
Diluted (in dollars per share)	$ 1.66	$ (0.03)	$ (5.42)
Weighted Average Common Shares Outstanding:
Basic (in shares)	1,110,564,839	789,657,776	573,889,502
Diluted (in shares)	1,113,184,254	789,657,776	573,889,502
Gas sales
Operating Revenues:
Total operating revenues	$ 9,101	$ 3,412	$ 967
Oil sales
Operating Revenues:
Total operating revenues	439	394	154
NGL sales
Operating Revenues:
Total operating revenues	1,046	890	265
Marketing
Operating Revenues:
Total operating revenues	4,419	1,963	917
Operating Costs and Expenses:
Marketing purchases	4,392	1,957	946
Other
Operating Revenues:
Total operating revenues	$ (3)	$ 8	$ 5

SWN Balance Sheet

2022-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 50	$ 28
Accounts receivable, net	1,401	1,160
Derivative assets	145	183
Other current assets	68	42
Total current assets	1,664	1,413
Natural gas and oil properties, using the full cost method, including $2,217 million as of December 31, 2022 and $2,231 million as of December 31, 2021 excluded from amortization	35,763	33,631
Other	527	509
Less: Accumulated depreciation, depletion and amortization	(25,387)	(24,202)
Total property and equipment, net	10,903	9,938
Operating lease assets	177	187
Long-term derivative assets	72	226
Deferred tax assets	0	0
Other long-term assets	110	84
Total long-term assets	359	497
TOTAL ASSETS	12,926	11,848
Current liabilities:
Current portion of long-term debt	0	206
Accounts payable	1,835	1,282
Taxes payable	136	93
Interest payable	86	75
Derivative liabilities	1,317	1,279
Current operating lease liabilities	42	42
Other current liabilities	65	75
Total current liabilities	3,481	3,052
Long-term debt	4,392	5,201
Long-term operating lease liabilities	133	142
Long-term derivative liabilities	378	632
Pension and other postretirement liabilities	9	23
Other long-term liabilities	209	251
Total long-term liabilities	5,121	6,249
Commitments and contingencies (Note 10)
Equity:
Common stock, $0.01 par value; 2,500,000,000 shares authorized; issued 1,161,545,588 shares as of December 31, 2022 and 1,158,672,666 as of December 31, 2021	12	12
Additional paid-in capital	7,172	7,150
Accumulated deficit	(2,539)	(4,388)
Accumulated other comprehensive income (loss)	6	(25)
Common stock in treasury, 61,614,693 shares as of December 31, 2022 and 44,353,224 as of December 31, 2021	(327)	(202)
Total equity	4,324	2,547
TOTAL LIABILITIES AND EQUITY	$ 12,926	$ 11,848
Treasury stock, shares (in shares)	61,614,693	44,353,224