Dahlman Rose Downgrades Southwestern Energy (SWN) to Hold

January 7, 2013 7:43 AM EST
Get Alerts SWN Hot Sheet
Price: $10.04 --0%

Rating Summary:
    13 Buy, 25 Hold, 8 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 3 | New: 2
Trade SWN Now!
Join SI Premium – FREE
Dahlman Rose downgraded Southwestern Energy (NYSE: SWN) from Buy to Hold.

The firm comments, "With shares outperforming its gassy peers in 2012 (up 2% vs down 38%), a 2% expected decline in Fayetteville production in 2013 (~75% of total production) is a bit concerning. This key asset's decline and an increased reliance on Marcellus to drive production growth probably puts pressure on shares."

For an analyst ratings summary and ratings history on Southwestern Energy click here. For more ratings news on Southwestern Energy click here.

Shares of Southwestern Energy closed at $34.34 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories


Add Your Comment