Southwestern Energy Company and Montage Resources Corporation today announced that they have entered into a definitive merger agreement under which Southwestern Energy will acquire Montage Resources in an all-stock transaction. Based on the 3-day average closing share prices of the companies as of August 11, 2020 and under the terms of the agreement, Montage Resources shareholders will receive 1.8656 shares of [...]
Southwestern Energy Company today announced financial and operating results for the second quarter ended July 30, 2020. The Company attempted to file its related quarterly report on Form 10-Q with the Securities and Exchange Commission before its 5:30 p.m. ET deadline for availability on EDGAR today, but the SEC filing server was not working. The quarterly report on Form 10-Q will be filed with the SEC when the website [...]
Southwestern Energy Company today announced financial and operating results for the second quarter ended June 30, 2020. Broad-based cost elimination with full year expense savings totaling $90 million, up $30 million since last quarter; Achieved record single-well cost of $505 per lateral foot; expect to average $650 per foot in the second half of the year; Revised annual capital guidance to $860 million – $915 million [...]
Southwestern Energy Company today announced it will host a conference call and live audio webcast on July 31, 2020 to discuss second quarter 2020 financial and operating results. The Company plans to release results on July 30, 2020 after market close, which will be available on SWN’s website at www.swn.com. Date: Time: July 31, 2020 9:30 a.m. CT Webcast: ir.swn.com US/Canada: International: 877-883-0383 412-902-6506 [...]
Southwestern Energy Company today announced the retirement of John Ale, General Counsel and Corporate Secretary, effective June 30, 2020, following more than six and half years leading the Company’s legal and governance functions. Current Associate General Counsel and Assistant Corporate Secretary, Chris Lacy, who has been with the Company since 2014, will be promoted to Vice President, General Counsel and Corporate [...]
Southwestern Energy Company today announced financial and operating results for the first quarter ended March 31, 2020. Completed semi-annual borrowing base redetermination and revolving credit facility commitment at $1.8 billion with no other changes in terms Repurchased $80 million in senior notes at an average 36% discount Received weighted average realized price of $2.56 per Mcfe, including $93 million settled hedging [...]
Southwestern Energy Company today announced it will host a conference call and live audio webcast on May 1, 2020 to discuss first quarter 2020 financial and operating results. The Company plans to release results on April 30, 2020 after market close, which will be available on SWN’s website at www.swn.com. Date: May 1, 2020 Time: 9:00 a.m. CT Webcast: https://ir.swn.com US/Canada: 877-883-0383 International: 412-902-6506 [...]
Southwestern Energy Company today announced financial and operating results for the fourth quarter and full year 2019 and issued 2020 guidance. “Once again, our team achieved results at or above the midpoint of guidance across all metrics highlighting our established culture of outperformance while operating safely and responsibly. Importantly, we further reduced the cost structure of the Company, enhanced well [...]
Southwestern Energy Company today announced it will host a conference call and live audio webcast on February 28, 2020 to discuss fourth quarter 2019 financial results. The Company plans to release its fourth quarter and fiscal year 2019 press release on February 27, 2020 after market close, which will be available on SWN’s website at www.swn.com. Date: February 28, 2020 Time: 9:00 a.m. CT Webcast [...]
Southwestern Energy Company today announced it has returned more than 10 billion gallons of freshwater to the environment through its comprehensive approach to optimizing water usage and 10 innovative, company-sponsored water conservation projects around the country. This important milestone reflects the company’s commitment to remaining “freshwater neutral” across its operations, meaning each gallon of [...]
Southwestern Energy Company today announced financial and operating results for the third quarter ended September 30, 2019. The Company attempted to file its related quarterly report on Form 10-Q with the Securities and Exchange Commission before its 5:30 p.m. ET deadline for availability on EDGAR today, but the SEC filing server was not working. The quarterly report on Form 10-Q was filed with the SEC after the server [...]
Southwestern Energy Company today announced financial and operating results for the third quarter ended September 30, 2019. Leading operational efficiency gains expected to result in full-year wells to sales at the high end of guidance while not exceeding $1.15 billion annual capital investment; Beating 25% reduction target for full-year average well costs, averaging $784 per lateral foot and 10,466 feet lateral length in [...]