Southwestern Energy (SWN) Misses Q2 EPS by 4c

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Southwestern Energy Announces Second Quarter 2015 Financial And Operating Results

July 27, 2015 5:18 PM EDT

HOUSTON, July 27, 2015 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the quarter ended June 30, 2015. Second quarter highlights include:

Record production of 245 Bcfe, including 2 Bcfe associated with the East Texas and Arkoma assets that were divested during the second quarter; Total Appalachia net production of 122 Bcfe, comprised of 87 Bcf from Northeast Appalachia (a 43% increase compared to year-ago levels) and 35 Bcfe from Southwest Appalachia; Increased 2015 production guidance to 973 Bcfe to 982 Bcfe, including 6 Bcfe associated with the asset divestiture noted above, while decreasing 2015 capital... More