NEW YORK (TheStreet) -- Southwestern Energy Co. (SWN) - Get Report stock is climbing by 6.44% to $8.43 in early afternoon trading on Tuesday as oil prices surge and give energy stocks a boost. 

Oil prices are increasing on hopes that OPEC will create a policy that lowers its members' oil production, Reuters reports. The global oversupply of oil has weighed on oil prices during the last year.

However, OPEC member Russia is not cooperating with the organization's negotiations, according to Reuters.

"Without a production agreement, fundamentals point to lower numbers," David Hufton of PVM, told Reuters. "With one, oil becomes a $40-to-$60-a-barrel market."

Crude oil (WTI) is up by 4.88% to $31.82 per barrel and Brent oil is increasing by 5.41% to $32.15 per barrel, according to the index. 

Based in Spring, Texas, Southwestern is is an energy company engaged in natural gas and oil exploration, development and production. 

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Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rates this stock as a "sell" with a grade of D. The company's stock has tumbled by 65.54%, much worse than the S&P 500's performance. Additionally, the company's net operating cash flow has significantly decreased to $287.00 million or 50.51% when compared to the same quarter last year. 

You can view the full analysis from the report here: SWN

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