Over 1 Year Ago
1 Min Read

SWN rising 9% today. An energy win on a red day



Southwestern Energy Company (SWN) is trading 9% higher at $8.075 today. While the Energy sector is having a mildly gloomy day in general, the company is rapidly outpacing it's peers.

The company is moving upwards while the market sells off broadly, which is a bullish signal.

The company is in a strong position. With gas prices surging, and with a series of assets that can provide the cash to execute projects for many years ahead of fossil fuels production, while reducing debt reliance.

Moody's has upgraded Southwestern Energy Company's rating to Ba1 as a long-term debt issuer in May 2022. Now the company is slightly below the investment-grade rating of Moody's and S&P, but the outlook is positive.

Southwestern Energy Company has been trading between a 52-week high of $9.87 and a 52-week low of $3.81. The stock has a market cap of $9 Billion.

Southwestern Energy Company is an independent energy company engaged in natural gas, natural gas liquids and oil exploration, development, production and marketing.