Southwestern Energy (SWN) Announces 2017 Highlights, 2018 Guidance
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Southwestern Energy Announces 2017 Highlights And 2018 Guidance
February 8, 2018 8:30 AM ESTHOUSTON, Feb. 8, 2018 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its 2017 highlights and its 2018 guidance based on a $2.85 NYMEX gas price. The Company took on commodity price challenges and delivered on commitments made in its 2017 guidance.
2017 highlights include:
Delivered on commitment to invest within net cash flow (supplemented by the remaining $200 million from the 2016 equity offering as previously disclosed); Total net production of 897 Bcfe, including 578 Bcfe from the Appalachian Basin and 316 Bcf from the Fayetteville Shale; Comprised of 89% natural gas and... More