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Wednesday, April 19, 2017

Southwestern Energy: What Goes Down…

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This year has been bad for the energy sector in general, but it’s been really bad for Southwestern Energy (SWN). That may be about to change, however.

Yes, Southwestern has tumbled 30% so far this year, four times the Energy Select Sector SPDR ETF’s (XLE) 7.5 drop. But that tumble has its advantages, write Cowen analysts Charles Robertson and Kathy Yang, who foresee little downside in Southwestern’s shares. They explain why:

April 19, 2017 at 08:09PM

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from Ben Levisohn

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