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StockNews.com
StockNews.com
Business
Riddhima Chakraborty

Forget Southwestern Energy, These 2 Sub-$10 Energy Stocks Are Better Buys

Independent energy company Southwestern Energy Company’s (SWN) stock gained substantial investors’ attention this year due to the rallying oil and gas prices. The stock has gained 66.1% year-to-date. In addition, its 4.87x forward Price/Book is 152% higher than the 1.93x industry average.

SWN’s total operating revenues came in at $4.14 billion for the second quarter ended June 30, 2022, up 294.1% year-over-year. However, its net income margin of a negative 8.58% is significantly lower than the industry average of 9.90%. Also, its ROCE, ROTC, and ROTA are negative at 194.73%, 7.98%, and 7.72%, compare with the industry averages of 15.53%, 6.68%, and 5.86%, respectively.

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