Southwestern Energy (SWN) Tops Q1 EPS by 3c

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Southwestern Energy Announces First Quarter 2023 Results

April 27, 2023 4:18 PM EDT

Disciplined capital allocation and commitment to debt reduction

SPRING, Texas--(BUSINESS WIRE)-- Southwestern Energy Company (NYSE: SWN) today announced financial and operating results for the first quarter ended March 31, 2023.

Generated $1.1 billion net cash provided by operating activities, $1.9 billion net income and $346 million adjusted net income (non-GAAP)
- Adjusted EBITDA (non-GAAP) of $799 million and free cash flow (non-GAAP) of $99 million Reported total net production of 411 Bcfe, or 4.6 Bcfe per day, including 3.9 Bcf per day of gas and 107 MBbls per day of... More