Southwestern Energy (SWN) Stock Declines as Oil Prices Fall

NEW YORK (TheStreet) -- Southwestern Energy (SWN) shares are down 0.9% to $28.68 in trading on Monday as oil prices fall today on a strengthening dollar and a warning from OPEC that oil prices will remain low for the foreseeable future.

Crude prices have rallied over 40% from its lows in recent weeks as the rise in global supplies have tapered over the past few months. 

Analysts at Baker Hughes (BHI) recently noted that while oil rig counts continue to fall to multi-year lows, the pace of the decline has slowed as prices have recovered. 

Separately, today OPEC said that it does not expect oil to trade above $100 a barrel anytime within the next decade and sees oil prices hovering around the $76 per barrel range by 2025, according to the Wall Street Journal.

Industry standard Brent crude for June delivery is down 1.10%, or 72 cents, to $64.67 per barrel, while U.S. West Texas crude is down 0.61%, or 36 cents, to $59.03 per barrel in trading today.

TheStreet Ratings team rates SOUTHWESTERN ENERGY CO as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate SOUTHWESTERN ENERGY CO (SWN) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and weak operating cash flow."

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