Southwestern Energy Company (SWN)

[value1008]

Hey GF, i don't know about the "Dude" guy, but i bought some SWN today and may buy tomorrow a.m., depending on the news. Over at the Savvy Trades ihub board Researcher59 and i have been following this one on and off. (He follows it more closely over the months than i do.) I recently played a small swing trade from 5.62 to 6.04 on July 24-5 and sold for technical reasons (descending 50dma suggested a resistance level and possible fall-back).

I'm thinking any poor earnings results tomorrow are already somewhat priced in by the market with the shareprice plummet the last few days, no?

Over at Marketbeat.com, SWN at today's closing price of 5.37 has an estimated forward P/E of only 6.3 and a PEG of just 0.47, suggesting lots of upside. The various analysts' price-targets (PTs) range from $6 to mainly around $8-10. There's that strange, extreme PT of $47 from Credit Suisse back in Jan. which is skewing the overall PT avg up to the $12s, but i'd be happy to see a move back up just to the mid-$8s on decent-to-good earnings news and other developments in coming weeks/months.

I hope you're not averaged in too high here.