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Southwestern Energy Co (SWN.N)

SWN.N on New York Stock Exchange

3.69USD
22 Feb 2018
Change (% chg)

$0.19 (+5.43%)
Prev Close
$3.50
Open
$3.57
Day's High
$3.87
Day's Low
$3.56
Volume
5,815,621
Avg. Vol
4,888,794
52-wk High
$8.93
52-wk Low
$3.42

Latest Key Developments (Source: Significant Developments)

Southwestern Energy posts Q3 adj. earnings per share $0.06
Friday, 27 Oct 2017 

Oct 26 (Reuters) - Southwestern Energy Co :Southwestern Energy announces third quarter 2017 financial and operating results.Q3 adjusted earnings per share $0.06.Q3 earnings per share $0.09.Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Southwestern Energy - qtrly ‍total net production of 232 BCFE, including 153 bcfe from appalachian basin, up about 10 pct and 26 pct, respectively​.Southwestern Energy Co - qtrly ‍revenues $737 million versus $651 million​.Q3 revenue view $777.3 million -- Thomson Reuters I/B/E/S.  Full Article

Southwestern Energy announces final results and expiration of cash tender offers
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Southwestern Energy Co :Southwestern Energy announces final results and expiration of cash tender offers.  Full Article

Southwestern Energy Q2 adjusted non-gaap loss per share $0.09
Friday, 22 Jul 2016 

Southwestern Energy Co : Net production totaled 225 BCFE in Q2 of 2016, down less than anticipated from 245 BCFE in Q2 of 2015 . Reinitiated drilling with first rig this week in northeast appalachia; intends to increase company-wide rig count to 5 by Q3 end . NGL and oil production guidance for 2016 is raised to 865 to 875 BCFE, an increase of about 5% over previous 2016 guidance . Southwestern Energy announces second quarter 2016 results, improved guidance, outcomes of financial strengthening efforts and resumption of drilling and completion activity . Q2 adjusted non-gaap loss per share $0.09 . Q2 loss per share $1.61 . Q2 earnings per share view $-0.10 -- Thomson Reuters I/B/E/S . Raising total year production guidance range by 45 BCFE or 5% (using midpoints) to 865 BCFE to 875 BCFE . "Plans to make incremental capital investments of up to $500 million from its July equity offering" . Restructuring charges associated with workforce reduction, which were $11 million for e&p segment in Q2 of 2016 . Sees Q3 total production 206 - 211 BCFE . Sees Q4 total production 197-202 BCFE .Qtrly operating revenues $522 million versus $764 million.  Full Article

Southwestern Energy amends tender offers
Friday, 15 Jul 2016 

Southwestern Energy Co : Announced additional amendments with respect to previously announced cash tender offers to purchase outstanding senior notes . Amendments provide for increase in consideration offered per $1,000 principal amount of notes .Amendments provide for extension of period during which validly tendered notes are eligible to receive early tender premium.  Full Article

Southwestern Energy prices upsized offering of 86 mln shares
Wednesday, 29 Jun 2016 

Southwestern Energy Co : Southwestern energy prices upsized offering of 86,000,000 shares of common stock . Offering was upsized from previously announced offering of 75,000,000 shares of Southwestern Energy's common stock . Says net proceeds from offering will be used to repay $375.0 million of $750.0 million term loan co entered into in Nov 2015 .Says gross proceeds of offering will be approximately $1.1 billion.  Full Article

Southwestern Energy announces public offering
Wednesday, 29 Jun 2016 

Southwestern Energy Co : Says offering 75.0 million common shares . Says intends to grant respective underwriters a 30-day option to purchase up to 11.25 million additional shares of stock . Net proceeds from offering will be used to repay $375.0 million of $750.0 million term loan co entered into in November 2015 . Says commencement of an underwritten public offering of 75 million shares of its common stock .Southwestern Energy announces proposed public offering of common stock.  Full Article

Southwestern Energy rearranges and extends bank credit facilities
Tuesday, 28 Jun 2016 

Southwestern Energy Co : Southwestern energy rearranges and extends bank credit facilities . Entered agreements with substantially all of its bank group for its $2.0 billion revolving line of credit . Interest rates will be 0.50% above levels in company's existing revolving credit facility . Southwestern energy co says existing $750 million term loan is extended to December 14, 2020 , provided at least $375 million is paid by June 30, 2017 . Existing unsecured revolving credit agreement due in Dec 2018 remains in place but with aggregate commitment reduced to $66 million .Co's existing unsecured revolving credit agreement due in Dec 2018 remains in place but with aggregate commitment reduced to $66 million.  Full Article

Southwestern Energy says sale of portion of southwest Appalachia acreage
Friday, 10 Jun 2016 

Southwestern Energy Co - : Entered into agreement with Antero Resources Corporation to sell about 55,000 net acres in West Virginia for $450 million . Cash proceeds from transaction expected to be used to reduce principal balance of co's $750 million term loan due in November 2018 .Southwestern energy announces sale of a portion of southwest Appalachia acreage.  Full Article