Southwestern Energy (SWN) Tops Q1 EPS by 2c

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Southwestern Energy Announces First Quarter 2022 Results

April 28, 2022 4:15 PM EDT

Strategically advantaged to deliver more resilient and increased cash flow

SPRING, Texas--(BUSINESS WIRE)-- Southwestern Energy Company (NYSE: SWN) today announced financial and operating results for the first quarter ended March 31, 2022.

Generated $972 million net cash provided by operating activities, $861 million net cash flow (non-GAAP) and $317 million free cash flow (non-GAAP) Reduced debt by $508 million, consistent with disciplined capital allocation framework, utilizing free cash flow and seasonal working capital changes Reported total production of 425 Bcfe, or 4.7 Bcfe per day,... More