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KLR Group Cuts Price Target on Southwestern Energy (SWN) to $14

Go back to KLR Group Cuts Price Target on Southwestern Energy (SWN) to $14

Southwestern Energy Announces 2016 Third Quarter Operational Update And Financial Results

October 20, 2016 5:00 PM EDT

HOUSTON, Oct. 20, 2016 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the quarter ended September 30, 2016.

"During the third quarter, we once again delivered on our commitments and delivered solid results through our relentless focus on value creation in the current pricing environment," remarked Bill Way, President and Chief Executive Officer of Southwestern Energy.  "As operations ramp up, we are also enhancing our laser focus on growing margins, evidenced this quarter by a reduction of lease operating expenses per unit for the fifth consecutive... More