Southwestern Energy Company 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 and $317 million free cash flow Reduced debt by $508 million, consistent with disciplined capital allocation framework, utilizing free cash flow and seasonal working capital changes Reported total production of [...]
Southwestern Energy Company today announced that it has entered into an Amended and Restated Credit Agreement, dated April 8, 2022 , which amends the Company's Credit Agreement, dated April 26, 2018. The Amended Credit Agreement, among other things: Extends maturity date of $3.5 billion reserve-based credit facility by three years to April 2027; Increases the borrowing base to $3.5 billion; the Company maintains elected [...]
Southwestern Energy Company today announced it will host a conference call and live audio webcast on April 29, 2022 to discuss first quarter 2022 financial and operating results. The Company plans to release results on April 28, 2022 after market close, which will be available on SWN's website at www.swn.com. Date: April 29, 2022 Time: 9:30 a.m. CT Webcast: ir.swn.com US/Canada: 877-883-0383 International: 412-902-6506 [...]
Southwestern Energy Company today announced financial and operating results for the fourth quarter and full-year 2021 and provided first quarter and full-year 2022 guidance. "In 2021, Southwestern Energy delivered results above expectations. We materially increased our scale and enhanced our free cash flow generation capability. Our new Haynesville assets complement our premium Appalachia position by deepening the [...]
Southwestern Energy Company announced the expansion of its Company-wide certification and continuous monitoring of its production as responsibly sourced gas , building upon its previously announced program in Appalachia to include its newly acquired Haynesville position. SWN's RSG program reflects the Company's leading Environmental, Social and Governance performance objectives and aligns with its broader corporate [...]
Southwestern Energy Company today announced it will host a conference call and live audio webcast on February 25, 2022 to discuss fourth quarter and full year 2021 financial and operating results. The Company plans to release results on February 24, 2022 after market close, which will be available on SWN's website at www.swn.com. Date: February 25, 2022 Time: 9:30 a.m. CT Webcast: ir.swn.com US/Canada: 877-883-0383 [...]
Southwestern Energy Company today announced that it has closed the acquisition of GEP Haynesville, LLC . The transaction builds further scale in the Haynesville, deepens the Company's inventory, improves key financial metrics, including margins, returns and per-share ratios, fortifies SWN's financial strength and enhances the Company's leading presence in the two premier natural gas basins in the US. In December, the [...]
Southwestern Energy Company today announced the extension of its previously announced cash tender offers to purchase for cash up to $300,000,000 aggregate principal amount of its 4.95% Senior Notes due 2025 and its 7.75% Senior Notes due 2027 , subject to the terms and conditions described in the Company's Offer to Purchase dated November 23, 2021 . The Tender Offers extended expiration date is 5:00 p.m., New York City [...]
Southwestern Energy Company today announced the pricing of the previously announced underwritten block trade of 63,976,376 shares of its common stock by certain shareholders who received their shares as part of Southwestern Energy's acquisition of Indigo Natural Resources LLC resulting in total gross proceeds to the Selling Stockholders of approximately $328.2 million . Southwestern Energy will not sell any shares of its [...]
Southwestern Energy Company today announced the proposed underwritten block trade of 63,976,376 shares of its common stock by certain shareholders who received their shares as part of Southwestern Energy's acquisition of Indigo Natural Resources LLC . The shares will be offered from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated [...]
Southwestern Energy Company today announced the pricing of its public offering of $1,150,000,000 aggregate principal amount of 4.75% senior notes due 2032 . The Notes will be sold to the public at a price of 100% of their face value. The expected closing date for the Offering is December 22, 2021, subject to the satisfaction of customary closing conditions. Southwestern Energy intends to use the net proceeds from the [...]
Southwestern Energy Company today announced that it is commencing, subject to market conditions, a registered underwritten public offering of $1,150,000,000 aggregate principal amount of senior notes due 2032 . Southwestern Energy intends to use the net proceeds from the Offering, along with net proceeds associated with its proposed term loan credit agreement, borrowings under its revolving credit agreement and cash on [...]