NEW YORK (TheStreet) -- Shares of oil company Southwestern Energy Co. (SWN) were gaining, up 2.12% to $24.54 in afternoon trading Tuesday, as both WTI and Brent crude prices rise to trade in the green.
Crude prices were rallying to reverse earlier losses ahead of U.S. inventory data expected to show strong demand for gasoline, according to Reuters.
Brent crude for August delivery was up 2.08% to $64.66 a barrel as of 1:07 p.m. ET today, while WTI crude for August delivery was higher by 1.36% to $61.20 a barrel.
Houston-based Southwestern Energy is an independent energy company engaged in natural gas and oil exploration, development, and production.
Separately, 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 reasonable valuation levels, 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."
Highlights from the analysis by TheStreet Ratings Team goes as follows: