Among the S&P 500’s biggest fallers on Friday November 29 was Southwestern Energy Company (SWN). The stock experienced a 6.67% decline to $1.82 with 12.06 million shares changing hands.
Southwestern Energy Company started at an opening price of 1.89 and hit a high of $1.93 and a low of $1.77. Ultimately, the stock took a hit and finished the day at $0.13 per share. Southwestern Energy Company trades an average of n/a shares a day out of a total 541.3 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Southwestern Energy Company hit a high of $5.02 and a low of $1.56 over the last year.
Southwestern Energy Co is a US-based independent energy company. It is engaged in the 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 Mid-stream segment. 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. Mid-stream 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.
With its headquarters located in Spring, TX, Southwestern Energy Company employs 960 people. After today’s trading, the company’s market cap has fallen to $985.16 million, a P/S of n/a, a P/B of 0.31, and a P/FCF of n/a.
For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.
The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.
