Investment analysts at Ladenburg Thalmann hoisted their price target on shares of Southwestern Energy Company (NYSE:SWN) from $48.00 to $52.00 in a note issued to investors on Friday, Analyst Ratings Netreports. The firm currently has a “buy” rating on the stock. Southwestern Energy Company (NYSE:SWN) stock opened at $41.01 in last session, and closed at $41.34, while the day range of stock is $40.30 – $41.69. The stock showed a negative weekly performance of -3.43%.
Chesapeake Energy Corporation (NYSE:CHK) says it drilled 425 wells in 2013 in eastern Ohio, Pennsylvania and West Virginia. That includes 230 producing wells and 195 wells that are awaiting pipeline connections or are not yet complete.Company said it expects to increase or double Utica capacity by the end of 2014. Chesapeake Energy Corporation (NYSE:CHK) stock opened at $25.84, in last session and closed at $25.91, by gaining 0.04%. The 52 week range of the stock is $18.21 – $29.0. Company’s market capitalization is $17.26 billion.
EXCO Resources (NYSE:XCO) had its target price lowered by RBC Capital from $6.00 to $5.00 in a research note released on Thursday morning, American Banking News reports. EXCO Resources Inc (NYSE:XCO) stock advanced 3.57% and finished the last session at $5.22. The EPS of the stock remained -0.57. Company’s market capitalization is $1.42 billion.
Marathon Oil Corporation (NYSE:MRO) still the only company fracking with modern Bakken techniques in the Tyler Formation, appears to have taken a break from drilling at its sites there, a North Dakota Geological Survey geologist said. Marathon Oil Corporation (NYSE:MRO) stock opened the session at $33.40, and closed the session at $33.50. The 52 week range of the stock remained $29.47 – $38.18 and the day range was $33.23 -$33.80.