Southwestern Energy (SWN) Tops Q1 EPS by 4c, Revenues Miss

Go back to Southwestern Energy (SWN) Tops Q1 EPS by 4c, Revenues Miss

Southwestern Energy Announces First Quarter 2020 Results

April 30, 2020 4:19 PM EDT

Pivoting investment to high-rate natural gas producing inventory, enabled by asset flexibility and operational agility

SPRING, Texas--(BUSINESS WIRE)-- Southwestern Energy Company (NYSE: SWN) today announced financial and operating results for the first quarter ended March 31, 2020.

Completed semi-annual borrowing base redetermination and revolving credit facility commitment at $1.8 billion with no other changes in terms Repurchased $80 million in senior notes at an average 36% discount Received weighted average realized price (excluding transportation) of $2.56 per Mcfe, including $93 million settled hedging... More