Is Southwestern Energy Headed for $40 and Beyond?

Filed under: Stocks to Buy

If last autumn you scooped-up shares of independent natural gas/oil play Southwestern Energy (SWN), which I first wrote about on June 5, 2009 at a price of $42.38, during their late summer swoon, you made the correct call, as SWN, as outlined, bottomed at/near $30.



And it goes without saying that Southwestern's business model remains attractive. The company is likely to record large increases in production in the immediate years ahead, and its low-cost producer status is appealing.



Production gains at an enviable cost is the company's key, and the Fayetteville Shale production zone will likely increase more than 20% in 2011, after a 30-40% production rise in 2010.

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Is Southwestern Energy Headed for $40 and Beyond? originally appeared on BloggingStocks on Wed, 16 Feb 2011 17:00:00 EST. Please see our terms for use of feeds.

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