Worth Watching Trader’s Buzzers: Southwestern Energy Company (NYSE:SWN), Encana Corp (USA) (NYSE:ECA)

On Wednesday, Shares of Southwestern Energy Company (NYSE:SWN), included 3.98% and shut at $11.50 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $11.89 and $11.50. Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil mainly in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering about 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering about 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems.

Shares of Encana Corp (USA) (NYSE:ECA), added 1.64% and shut at $12.38 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $11.95 and $11.25. The association’s commercial center capitalization is $12.04 Billion with the general uncommon loads of 972.96 million. Encana Corporation, together with its auxiliaries, engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. The company owns interests in plays, such as the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; and other upstream operations, counting Wheatland in southern Alberta, Deep Panuke located offshore Nova Scotia, and Horn River in northeast British Columbia. It also holds interests in plays that comprise the Eagle Ford in south Texas; Permian in west Texas; DJ Basin in northern Colorado; San Juan in northwest New Mexico; Piceance in northwest Colorado; and Tuscaloosa Marine Shale in east Louisiana and west Mississippi.

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