Southwestern Energy Co (N:SWN)
Business Focus: Oil & Gas Exploration and Production
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 10000 Energy Drive SPRING TX 77389 |
| Tel: | 1-832-7967906 |
| Website: | https://www.swn.com |
| IR: | See website |
| Key People | ||
| William J. Way President, Chief Executive Officer, Director | Carl F. Giesler Chief Financial Officer, Executive Vice President | Clayton A. Carrell Chief Operating Officer, Executive Vice President |
| Derek W. Cutright Senior Vice President - Division Head | Quentin Dyson Senior Vice President - Operations Services | Andy Huggins Senior Vice President - Haynesville |
| John P. Kelly Senior Vice President - Division Head | Chris Lacy Vice President, General Counsel, Secretary | Carina L. Gillenwater Vice President - Human Resources |
| Business Overview |
| Southwestern Energy Company is an independent energy company. The Company operates through two segments: Exploration and Production (E&P) and Marketing. The Company is engaged in development, exploration and production of natural gas, as well as associated natural gas liquids (NGLs) and oil in its core positions in the Appalachia and Haynesville natural gas basins in the United States. It is focused on the development of unconventional natural gas reservoirs located in Louisiana, West Virginia, Pennsylvania, and Ohio. Its operations in West Virginia, Pennsylvania and Ohio (Appalachia) are primarily focused on the Marcellus Shale, the Utica and the Upper Devonian unconventional natural gas and liquids reservoirs. Its operations in Louisiana (Haynesville) are primarily focused on the Haynesville and Bossier natural gas reservoirs. It operates a fleet of drilling rigs and leased two pressure pumping spreads with an associated pump down horsepower capacity of 102,000 horsepower. |
| Financial Overview |
| For the three months ended 31 March 2024, Southwestern Energy Co revenues decreased 33% to $1.42B. Net loss totaled $1.54B vs. income of $1.94B. Revenues reflect Exploration and Production segment decrease of 42% to $838M, Marketing segment decrease of 15% to $579M, Natural Gas Production-Southwast hay decrease of 14% to 138B cubic feet, Oil Equivalent Production (Units/day) decrease of 11% to 680K barrels per day. |
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