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

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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