NEW YORK ( TheStreet) -- Southwestern Energy Company (NYSE: SWN) hit a new 52-week low Friday as it is currently trading at $28.25, below its previous 52-week low of $28.37 with 1.7 million shares traded as of 11:20 a.m. ET. Average volume has been 6.2 million shares over the past 30 days. Southwestern Energy has a market cap of $10.14 billion and is part of the basic materials sector and energy industry. Shares are down 9.4% year to date as of the close of trading on Thursday. Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and crude oil in the United States. The company operates through two segments, Exploration and Production, and Midstream Services. The company has a P/E ratio of 15.7, below the average energy industry P/E ratio of 16 and below the S&P 500 P/E ratio of 17.7.
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