SWN Stock Recent News

Chesapeake Energy Corporation (NYSE:CHK) has announced a deal to buy Southwestern Energy Company for $7.4 billion in a move that will make it the largest natural gas producer in the US. The move comes as more US energy companies merge in order to cut costs and extend their reach.

The deal will create one of the largest natural gas producers in the U.S.

Chesapeake Energy said on Thursday it would buy smaller rival Southwestern Energy in an all-stock transaction valued at $7.4 billion, a deal that would enable the second-largest U.S. natural gas producer to take the top spot.

Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to monitor.

Southwestern Energy (SWN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

While the top- and bottom-line numbers for Southwestern Energy (SWN) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Southwestern Energy (SWN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Southwestern Energy (SWN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

U.S. natural gas producer Chesapeake Energy Corp has approached Southwestern Energy , a peer valued by the stock market at more than $11 billion including debt, about a potential acquisition, people familiar with the matter said.

Southwestern Energy is solely focused on two primary natural gas shale plays that are close to end markets. Southwestern Energy diluted shareholders to remain solvent in 2020-21 and history could repeat itself if natural gas prices don't remain elevated. Southwestern Energy's balance sheet has improved, but investing in a pure natural gas producer is riskier than investing in an oil and gas company.