Southwestern Energy Company (NYSE:SWN) Stock Gains Momentum: Should You Buy Now?
Southwestern Energy Company (NYSE:SWN) jumped over 4% after announcing that it will host an earnings conference call on July 30, 2021, to discuss Q2 2021 operating and financial results. In addition, the company will release its second-quarter financial results after market close on July 29, 2021.
The company appointed Carl Giesler Jr. as an Executive Vice President and the company’s Chief Financial officer effective July 19, 2021. Giesler will replace interim CFO Michael Hancock, who will continue as the Finance & Treasurer VP.
CEO. President Bill Way said he is delighted to welcome Giesler to the management at a critical moment for the company. He added that the distinct strategic view and disciplined approach of Giesler in driving stockholder value would complement the company’s current leadership and strategy, helping the company create strong momentum. In addition, Giesler has over 25 years of experience in various fas and oil investing, finance, and public company positions, with the most recent being SandRidge Energy Inc. So, in the coming months, SWN is a stock to watch.
Market Reaction:
On Wednesday, SWN stock jumped 6.58% at $2.43 with more than 11.40 million shares, compared to its average volume of 7.25 million shares. The stock has moved within a range of $2.3100 – 2.5000 after opening the trade at $2.36. Over the past 52-week, the stock has been trading within a range of $0.9000 – 3.9600.
