Southwestern Energy Company today announced 2019 production, capital and cost guidance. This guidance is based on maximizing shareholder value assuming $2.85 per MMBtu NYMEX Henry Hub and $50 per barrel WTI commodity price environment in 2019. In 2018, the Company invested approximately $1.25 billion, delivering on its commitment to invest within cash flow and remain within original capital guidance. Appalachia production [...]
Southwestern Energy Company today announced it will host a conference call and webcast on March 1, 2019 at 9:30 a.m. Central Time to discuss fourth quarter and full year 2018 financial and operating results. Earnings will be released the day prior after market close. Date: March 1, 2019 Time: 9:30 a.m. CT US Toll Free: 877-883-0383 International: 412-902-6506 Access code: 9372440 To listen to the live teleconference [...]
Southwestern Energy Company today announced the final results and expiration of its previously announced offers to purchase for cash up to a maximum aggregate purchase price , excluding accrued interest, equal to $901,728,320 of the Company’s 4.10% senior notes due 2022 , 4.05% senior notes due 2020 , 4.95% senior notes due 2025 , 7.50% senior notes due 2026 and 7.75% senior notes due 2027 and related Consent [...]
Southwestern Energy Company today announced that it has completed the sale of its Fayetteville assets to Flywheel Energy, LLC, a private company backed by Kayne Private Energy Income Funds. The sale of the Company’s Fayetteville exploration, production and midstream assets for $1.865 billion in cash resulted in net proceeds of $1.65 billion, following customary adjustments due primarily to the net cash flow from the [...]
Southwestern Energy Company today announced that it has extended the Previous Expiration Date for its previously announced offers to purchase for cash up to a maximum aggregate purchase price , excluding accrued interest, equal to $901,728,320 of the Company’s 4.10% senior notes due 2022 , 4.05% senior notes due 2020 , 4.95% senior notes due 2025 , 7.50% senior notes due 2026 and 7.75% senior notes due 2027 and [...]
Southwestern Energy Company today announced financial and operating results for the quarter ended September 30, 2018. Unless noted, results are compared to the third quarter of 2017. Highlights Generated positive net cash flow after capital investment; full year capital guidance unchanged Reported net cash provided by operating activities of $307 million and net cash flow of $355 million, 45% and 43% higher, respectively [...]
Southwestern Energy Company today announced it will host a conference call and webcast on October 26, 2018 at 9 a.m. Central Time to discuss third quarter 2018 financial and operating results. Earnings will be released the day prior after market close. Date: October 26, 2018 Time: 9 a.m. CT US Toll Free: 877-883-0383 International: 412-902-6506 Access code: 3794459 Individuals who would like to participate should dial in [...]
Southwestern Energy Company today announced that it has extended the Original Expiration Date for its previously announced offers to purchase for cash up to a maximum aggregate purchase price , excluding accrued interest, equal to $901,728,320 of the Company’s 4.10% senior notes due 2022 , 4.05% senior notes due 2020 , 4.95% senior notes due 2025 , 7.50% senior notes due 2026 and 7.75% senior notes due 2027 and [...]
Southwestern Energy Company today announced the early results and increase in the size of its previously announced offers to purchase for cash up to a maximum aggregate purchase price , excluding accrued interest, equal to $900 million of the Company’s 4.10% senior notes due 2022 , 4.05% senior notes due 2020 , 4.95% senior notes due 2025 , 7.50% senior notes due 2026 and 7.75% senior notes due 2027 and related [...]
Southwestern Energy Company today announced that it has commenced offers to purchase for cash its outstanding senior notes listed in the table below and Consent Solicitations , upon the terms and conditions described in the Company’s Offer to Purchase dated September 4, 2018 . Aggregate Principal Amount Outstanding Dollars per $1,000 Principal Amount of Notes Series of Notes CUSIP Number Sub-Cap Acceptance Priority [...]
Southwestern Energy Company today announced that it has entered into a definitive agreement with Flywheel Energy, LLC, a private company backed by Kayne Private Energy Income Funds, to sell its Fayetteville Shale E&P and related midstream gathering assets for $1.865 billion in cash, subject to adjustments and customary closing conditions. In addition, the buyer will assume approximately $438 million of future contractual [...]
Southwestern Energy Company today announced its second quarter financial and operating results. Unless noted, results are compared to the second quarter of 2017. “This quarter’s strong performance reflects increased margins, improved capital efficiency, and higher production growth,” said Bill Way, President and Chief Executive Officer of Southwestern Energy. “Our strategy of delivering growing [...]