Southwestern Energy Company today announced that, in connection with the previously announced offer to eligible holders to exchange any and all outstanding 5.375% Senior Notes due 2029 issued by Indigo Natural Resources LLC for up to $700,000,000 aggregate principal amount of new 5.375% Senior Notes due 2029 issued by Southwestern and guaranteed by certain subsidiaries of Southwestern and cash, and the related consent [...]
Southwestern Energy Company today announced that, in connection with the anticipated acquisition of Indigo Natural Resources LLC by Southwestern, Southwestern has commenced an offer to eligible holders to exchange any and all outstanding 5.375% Senior Notes due 2029 issued by Indigo for up to $700,000,000 aggregate principal amount of new 5.375% Senior Notes due 2029 issued by Southwestern and guaranteed by certain [...]
Southwestern Energy Company today announced financial and operating results for the second quarter ended June 30, 2021. Integration planning for scale-enhancing acquisition and Haynesville entry ahead of schedule; shareholder vote set for August 27th; Implemented basin-wide project to certify and continuously monitor potential emissions from all Appalachia unconventional wells; Further reduced leverage ratio by 0.4x to [...]
Southwestern Energy Company today announced it will host a conference call and live audio webcast on July 30, 2021 to discuss second quarter 2021 financial and operating results. The Company plans to release results on July 29, 2021 after market close, which will be available on SWN's website at www.swn.com. Date: July 30, 2021 Time: 9:30 a.m. CT Webcast: ir.swn.com US/Canada: 877-883-0383 International: 412-902-6506 [...]
Southwestern Energy Company today announced that Carl Giesler Jr. will join the company as Executive Vice President and Chief Financial Officer on July 19, 2021. Michael Hancock, who has served as CFO on an interim basis, will continue as Vice President - Finance & Treasurer. "I am pleased to welcome Carl to the team at an impactful time for Southwestern Energy," said Bill Way, President and Chief Executive Officer [...]
Southwestern Energy announced today that it executed an agreement to obtain independent responsibly sourced gas certification through Project Canary's stringent TrustWell™ standards and continuous emissions monitoring across its Appalachia basin operations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210623005910/en/ Under the terms of the agreement [...]
Indigo Natural Resources LLC today announced that it has entered into a definitive merger agreement with Southwestern Energy Company , under which Southwestern will acquire Indigo for approximately $2.7 billion. The total consideration of $2.7 billion will be comprised of $400 million in cash, approximately $1.6 billion in SWN common stock and $700 million in aggregate principal amount of assumed 5.375% Senior Notes due [...]
Southwestern Energy Company today announced that it has entered into a definitive merger agreement with Haynesville producer Indigo Natural Resources, LLC under which it will acquire Indigo for approximately $2.7 billion. The transaction is expected to close early in the fourth quarter of 2021, subject to customary closing conditions. Transaction highlights include: This press release features multimedia. View the full [...]
Southwestern Energy Company today announced financial and operating results for the first quarter ended March 31, 2021. Achieved $347 million net cash provided by operating activities; invested $266 million consistent with its maintenance capital plan; Generated $88 million free cash flow ; Free cash flow fully utilized to reduce debt; expect to approach 2.0x leverage by year-end; Borrowing base and commitments reaffirmed [...]
Southwestern Energy Company today announced it will host a conference call and live audio webcast on April 30, 2021 to discuss first quarter 2021 financial and operating results. The Company plans to release results on April 29, 2021 after market close, which will be available on SWN's website at www.swn.com. Date: April 30, 2021 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 2020 and issued 2021 guidance. "In 2020, Southwestern Energy delivered on its commitments, exceeding expectations on all key metrics while navigating the uncertainties of a global pandemic and the associated challenging commodity price and operating environments. We have positioned the Company to deliver [...]
Southwestern Energy Company today announced it will host a conference call and live audio webcast on February 26, 2021 to discuss fourth quarter and full year 2020 financial and operating results. The Company plans to release results on February 25, 2021 after market close, which will be available on SWN's website at www.swn.com. Date: February 26, 2021 Time: 9:30 a.m. CT Webcast: ir.swn.com US/Canada: 877-883-0383 [...]