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Is Southwestern Energy (SWN) Outperforming Other Oils-Energy Stocks This Year?

Zacks Equity Research
Updated
Does Zebra Technologies (ZBRA) have what it takes to be a top stock pick for momentum investors? Let's find out.

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Southwestern Energy (SWN) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.

Southwestern Energy is a member of the Oils-Energy sector. This group includes 328 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. SWN is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for SWN's full-year earnings has moved 16.93% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

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Our latest available data shows that SWN has returned about 5.56% since the start of the calendar year. In comparison, Oils-Energy companies have returned an average of 0.31%. This means that Southwestern Energy is outperforming the sector as a whole this year.

To break things down more, SWN belongs to the Oil and Gas - Exploration and Production - United States industry, a group that includes 78 individual companies and currently sits at #45 in the Zacks Industry Rank. Stocks in this group have lost about 10.81% so far this year, so SWN is performing better this group in terms of year-to-date returns.

Investors in the Oils-Energy sector will want to keep a close eye on SWN as it attempts to continue its solid performance.


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