JPMorgan Resumed Southwestern Energy (SWN) at Neutral
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Southwestern Energy Announces First Quarter 2015 Financial And Operating Results
April 23, 2015 4:25 PM EDTHOUSTON, April 23, 2015 /PRNewswire/ --Â Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the quarter ended March 31, 2015. First quarter highlights include:
Record production of 233 Bcfe, including 4 Bcfe associated with the East Texas and Arkoma assets scheduled to be divested in the second quarter; Total Appalachia net production of 113 Bcfe, comprised of 83 Bcf from Northeast Appalachia (a 43% increase compared to year-ago levels) and 30 Bcfe from Southwest Appalachia; Adjusted net income attributable to common stock (a non-GAAP measure reconciled below) of $84 million, or $0.22... More