NYSE:SWN   Southwestern Energy Company
SWN has been slowly returning from the 'left for dead' pile, significantly outperforming the broader XLE index since the covid bottom in early 2020. While I could see some consolidation at the current 5.75 level for a few weeks, this could be poised to run as high as 15 over the course of the next year.

The most attractive thing about this stock is the multiyear view here, where you can see this has been left for dead for many years. When companies wake this wake up, they are often heavily underindexed and set up for nice rallies. This in conjunction with the overall positivity of energy lately, I think we could continue to see significant returns over the course of a year.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.