SPRING, Texas, Jan. 15, 2015 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) priced its previously announced concurrent underwritten public offerings of 26,086,957 shares of its common stock at a price of $23.00 per share and 30,000,000 depositary shares, each of which represents a 1/20th interest in a share of Southwestern Energy's 6.25% Series B Mandatory Convertible Preferred Stock (the "Convertible Preferred [...]
SPRING, Texas, Jan. 14, 2015 /PRNewswire/ -- Today, the Administration released their blueprint for seeking further reductions of methane emissions from the oil and natural gas sector. The announcement calls for a range of voluntary and mandatory measures across the natural gas supply chain, and encourages industry-led initiatives to pursue cost-effective solutions for reducing methane emissions. As a founding member of [...]
HOUSTON, Jan. 12, 2015 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced that it is commencing registered underwritten public offerings of 20,260,000 shares of its common stock and 26,000,000 depositary shares, each of which represents a 1/20th interest in a share of Southwestern Energy's Series B Mandatory Convertible Preferred Stock, with a liquidation preference of $1,000 per share (equivalent to [...]
HOUSTON, Dec. 29, 2014 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) posted an updated presentation to its website with materials that are planned to be discussed on its company update call on December 30, 2014. Included in this material are details about the recent acquisition of southwest Marcellus and Utica assets along with the company's plans for 2015. "These are exciting times at Southwestern Energy [...]
HOUSTON, Dec. 23, 2014 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced that it has signed a purchase and sale agreement to acquire an undivided 20% of Statoil's (NYSE: STO) ownership in oil and gas assets in West Virginia and southwest Pennsylvania for a purchase price of approximately $394 million, subject to adjustments. Southwestern previously announced in October 2014 a purchase of [...]
HOUSTON, Dec. 22, 2014 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) announced that the transaction reported in October 2014 with Chesapeake Energy Corp. (NYSE: CHK) to acquire certain oil and gas assets in West Virginia and southwest Pennsylvania was closed today at an adjusted purchase price of approximately $4.975 billion. "We are very pleased with today's closing and the addition of this world-class asset [...]
HOUSTON, Dec. 10, 2014 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) announced today that Bill Way has been promoted to President of the company. Mr. Way will also continue to serve in his current role as Chief Operating Officer, which he has held since joining the company in September 2011. Mr. Way earned his undergraduate degree from Texas A&M University in Industrial Engineering and has an MBA from The [...]
HOUSTON, Dec. 2, 2014 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN), announced that it has signed an agreement to purchase oil and gas assets including approximately 46,700 net acres in northeast Pennsylvania from WPX Energy Inc. (NYSE: WPX) for approximately $300 million, subject to customary closing conditions. This acreage is currently producing approximately 50 million net cubic feet of gas per day from 63 [...]
Agreement with Southwestern Energy expands DTE's gathering system into new, productive acreage in the Marcellus shale DETROIT, Nov. 19, 2014 /PRNewswire/ -- DTE Energy and Southwestern Energy Co. signed an agreement today to significantly expand their relationship centered on the Bluestone Pipeline and in-field gathering system. The new gathering agreement increases the infrastructure footprint associated with DTE [...]
HOUSTON, Oct. 23, 2014 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the quarter and nine months ended September 30, 2014. Third quarter highlights include: Record gas and oil production of 196 Bcfe, up 14% compared to year-ago levels, including 47% growth in Marcellus Shale production and our highest production ever in the Fayetteville Shale; Adjusted [...]
HOUSTON, Oct. 21, 2014 /PRNewswire/ -- The Board of Directors of Southwestern Energy Company (NYSE: SWN) announced today that, effective October 20, 2014, Terry W. Rathert has been elected to the Board for a term expiring at the annual meeting of stockholders in 2015. With the election of Mr. Rathert, the Board of Directors has nine members. Mr. Rathert has an extensive background in the oil and gas industry. He was a [...]
HOUSTON, Oct. 13, 2014 /PRNewswire/ -- In conjunction with Southwestern Energy Company's 2014 Third Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Friday, October 24, 2014, at 10:00 a.m. EDT with Steve Mueller, Chairman and Chief Executive Officer of Southwestern Energy Company. Southwestern Energy Company announces the following Webcast [...]