United States

Southwestern Energy Co (SWN.N)

SWN.N on New York Stock Exchange

23 Jun 2017
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$0.24 (+4.32%)
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Latest Key Developments (Source: Significant Developments)

Southwestern Energy says sale of portion of southwest Appalachia acreage
Thursday, 9 Jun 2016 04:15pm EDT 

Southwestern Energy Co - : Entered into agreement with Antero Resources Corporation to sell about 55,000 net acres in West Virginia for $450 million . Cash proceeds from transaction expected to be used to reduce principal balance of co's $750 million term loan due in November 2018 .Southwestern energy announces sale of a portion of southwest Appalachia acreage.  Full Article

Southwestern Energy Company to lay off 1,100 workers amid oil slump - Reuters
Thursday, 21 Jan 2016 06:37am EST 

Southwestern Energy Company:Southwestern Energy Co SWN.N said it would lay off 1,100 employees, or nearly 40 percent of its workforce, as it slows down drilling activity in response to a prolonged slump in oil prices - RTRS.The company said it expects to record a pre-tax charge of about $60 million to $70 million in the first quarter. Southwestern, which had no drilling rigs in operation at the start of 2016, had 2,781 employees at the end of 2014 - RTRS.  Full Article

Southwestern Energy Co names Bill Way as Chief Executive Officer
Wednesday, 6 Jan 2016 08:01am EST 

Southwestern Energy Co:Bill Way has been appointed President and Chief Executive Officer by the Board of Directors succeeding Steve Mueller.Steve Mueller will continue to serve as a director and as non-executive Chairman of the Board until he retires at the May 2016 annual meeting of stockholders.  Full Article

Southwestern Energy Co improves liquidity by entering into a three-year term loan agreement
Tuesday, 17 Nov 2015 04:20pm EST 

Southwestern Energy Co:Improves liquidity by entering into a three-year term loan agreement.Says entered into a $750 million three-year term loan agreement.Says used proceeds to pay down balances under its existing credit facility and commercial paper program.Says anticipate outstanding debt to remain flat or decline throughout 2016.Filed automatic shelf registration statement on form s-3 that will replace company's former automatic shelf registration statement.  Full Article

Southwestern Energy Co raises FY 2015 production guidance
Monday, 27 Jul 2015 05:18pm EDT 

Southwestern Energy Co:Increases FY 2015 production guidance to 973 Bcfe to 982 Bcfe.  Full Article

Southwestern Energy Co declares dividend on mandatory convertible preferred stock
Thursday, 23 Jul 2015 04:36pm EDT 

Southwestern Energy Co:Declared a quarterly dividend of $15.625 per share on its 6.25% Series B Mandatory Convertible Preferred Stock.Payable on Oct. 15, to holders of record on Oct. 1.  Full Article

More From Around the Web

BRIEF-Southwestern says jury returned verdict in favor of co in federal class action lawsuit

* Southwestern - on june 16, jury returned verdict in favor of co, co's subsidiaries in federal class action lawsuit regarding royalty deductions in arkansas