- Southwestern Energy’s 1Q Adjusted EPS misses estimates, with 12c EPS versus an estimated 15c.
- The Adjusted Ebitda for the quarter is $472 million, marking a significant 41% drop year on year, compared to an estimated $546.5 million.
- Operating revenue for the period totals to $1.42 billion, reflecting a 33% decrease compared to the previous year but slightly better than the $1.36 billion estimate.
- The gain on settled commodity derivatives per Mcf stands at 50c, against the previous year’s 24c and the estimated $1.95.
- The price of oil including derivatives per barrel has risen 8.5% y/y to $63.09, slightly below the estimated price of $65.22.
- However, the realized NGL price, which includes derivatives per barrel, shows a slight 3.3% decrease y/y at $23.76 compared to a $23.27 estimate.
- Production has decreased to 376 bcfe, a significant drop of 8.5% y/y.
- Furthermore, the daily production in BCFE per day has gone down 11% y/y to 4.1.
- In light of the company’s impending merger with Chesapeake Energy Corporation “Chesapeake”, Southwestern Energy has discontinued providing future company guidance.
- Despite all this, the company records 5 buys and 16 holds on the stock, with no sells reported.
Southwestern Energy Co on Smartkarma
Analyst coverage of Southwestern Energy Co on Smartkarma reveals positive sentiment towards the company’s growth prospects. Baptista Research, in their report titled “Southwestern Energy Company: These Are The 4 Pivotal Factors Influencing Its Growth!”, highlighted the third quarter 2023 earnings as reflective of a mixed but overall optimistic outlook. The report emphasizes Southwestern Energy’s consistent progress in optimizing free cash flow generation and capital investment, indicators of financial strength. The company’s expectation to sustain this trend, coupled with an improving macro environment driven by growing liquefied natural gas (LNG) demand, adds to the positive sentiment surrounding Southwestern Energy’s future performance.
A look at Southwestern Energy Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Southwestern Energy Company, an independent energy company in the U.S., is projected to have a positive long-term outlook based on the Smartkarma Smart Scores. With high scores in Value and Growth factors, the company seems to be well-positioned for future growth and has attractive valuation metrics. The company’s strong Momentum score indicates a potential upward trend in stock performance, showcasing investor confidence. However, Southwestern Energy Co‘s lower scores in Dividend and Resilience suggest that it may not be the ideal choice for income-seeking or risk-averse investors.
Specializing in natural gas and crude oil exploration and production, Southwestern Energy Company’s operations also extend to gas gathering, transmission, marketing, and distribution. This diversification within the energy sector provides a solid foundation for potential growth and sustainability. Investors considering Southwestern Energy Co should take note of its overall positive outlook as indicated by the Smart Scores, especially for those seeking growth opportunities in the energy industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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