SWN - Earnings announcements

OKLAHOMA CITY, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Chesapeake Energy Corporation (NASDAQ:CHK) and Southwestern Energy Company (NYSE:SWN) today closed on their previously announced combination. The combined company has been rebranded as Expand Energy Corporation. Expand Energy's common stock will commence public trading on the NASDAQ under the ticker "EXE" at the open of trading on October 2, 2024, and will continue to trade today under the symbol "CHK". "As America's largest natural gas producer and a top producer globally, Expand Energy is built to disrupt the industry's traditional cost and market delivery model," said Nick Dell'Osso, Expand Energy's President and Chief Executive Offi

Southwestern Energy Company (NYSE:SWN) today announced financial and operating results for the second quarter ended June 30, 2024. Generated $291 million net cash provided by operating activities, $608 million net loss, $113 million adjusted net income (non-GAAP), and adjusted EBITDA (non-GAAP) of $413 million Reported total net production of 379 Bcfe, or 4.2 Bcfe per day, including 3.6 Bcf per day of gas and 101 MBbls per day of liquids Invested $430 million of capital and placed 22 wells to sales, including 19 in Appalachia and 3 in Haynesville Proactively adjusting activity in response to commodity prices while optimizing productive capacity within annual cash flow Finan

Southwestern Energy Company (NYSE:SWN) today announced the Company will release second quarter financial results on August 1, 2024 after market close, which will be available on Southwestern's website at www.swn.com. Due to the pending merger with Chesapeake Energy Corporation, Southwestern will not host a conference call or webcast to discuss second quarter 2024 results. About Southwestern Energy Southwestern Energy Company (NYSE:SWN) is a leading U.S. producer and marketer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nation's most prolific shale gas basins. SWN's returns-driven strategy strives to create sustainable value

Southwestern Energy Company (NYSE:SWN) today announced financial and operating results for the first quarter ended March 31, 2024. Generated $496 million net cash provided by operating activities, $1.5 billion net loss, $131 million adjusted net income (non-GAAP), and adjusted EBITDA (non-GAAP) of $472 million Reported total net production of 376 Bcfe, or 4.1 Bcfe per day, including 3.6 Bcf per day of gas and 93 MBbls per day of liquids Invested $538 million of capital in the quarter, consistent with the Company's planned front-end loaded development program Placed 18 wells to sales, including 6 in Appalachia and 12 in Haynesville; Haynesville well cost averaged $1,816 per later

Southwestern Energy Company (NYSE:SWN) today announced the Company will release first quarter financial results on May 2, 2024 after market close, which will be available on Southwestern's website at www.swn.com. Due to the pending merger with Chesapeake Energy Corporation, Southwestern will not host a conference call or webcast to discuss first quarter 2024 results. About Southwestern Energy Southwestern Energy Company (NYSE:SWN) is a leading U.S. producer and marketer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nation's most prolific shale gas basins. SWN's returns-driven strategy strives to create sustainable value for i

Southwestern Energy Company (NYSE:SWN) (the "Company" or "Southwestern Energy") today announced financial and operating results for the fourth quarter and full-year 2023. 2023 Highlights Generated $2.5 billion net cash provided by operating activities, $1.6 billion net income and $744 million adjusted net income (non-GAAP) Adjusted EBITDA (non-GAAP) of $2.4 billion and free cash flow (non-GAAP) of $142 million Ended the year with total debt of $4.0 billion, including the impacts of working capital Produced 1.7 Tcfe, or 4.6 Bcfe per day, including 3.9 Bcf per day of natural gas and 105 MBbls per day of liquids Invested $2.1 billion of capital and placed 132 wells to sales,

Southwestern Energy Company (NYSE:SWN) today announced the Company will release fourth quarter financial results on February 22, 2024 after market close, which will be available on Southwestern's website at www.swn.com. Due to the pending merger with Chesapeake Energy Corporation, Southwestern will not host a conference call or webcast to discuss fourth quarter 2023 results. About Southwestern Energy Southwestern Energy Company (NYSE:SWN) is a leading U.S. producer and marketer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nation's most prolific shale gas basins. SWN's returns-driven strategy strives to create sustainable val

OKLAHOMA CITY and SPRING, Texas, Jan. 11, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) and Southwestern Energy Company (NYSE:SWN) today announced that they have entered into an agreement to merge in an all-stock transaction valued at $7.4 billion, or $6.69 per share, based on Chesapeake's closing price on January 10, 2024. Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock outstanding at closing. The strategic combination will create a premier energy co

Balancing dual priorities of debt reduction and managing productive capacity Southwestern Energy Company (NYSE:SWN) today announced financial and operating results for the third quarter ended September 30, 2023. Generated $45 million net income, $106 million adjusted net income (non-GAAP), $513 million adjusted EBITDA (non-GAAP), $477 million net cash provided by operating activities and $23 million free cash flow (non-GAAP) Quarter-end total debt $4.1 billion, down from $4.4 billion at year-end 2022 Reported total net production of 425 Bcfe, or 4.6 Bcfe per day, including 4.0 Bcf per day of gas and 104 MBbls per day of liquids Invested $454 million of capital and placed 23 we

Southwestern Energy Company (NYSE:SWN) today announced it will host a conference call and live audio webcast on November 3, 2023 to discuss third quarter 2023 financial and operating results. The Company plans to release results on November 2, 2023 after market close, which will be available on SWN's website at www.swn.com. Date: November 3, 2023 Time: 10:00 a.m. CT Webcast: ir.swn.com US/Canada: 877-883-0383 International: 412-902-6506 Access code: 4941446 A replay will also be available on SWN's website at www.swn.com following the call. About Southwestern Energy Southwestern Energy Company (N

Reduces full-year capital investment guidance ~10% Southwestern Energy Company (NYSE:SWN) today announced financial and operating results for the second quarter ended June 30, 2023. Generated $231 million net income, $95 million adjusted net income (non-GAAP), $484 million adjusted EBITDA (non-GAAP) and $425 million net cash provided by operating activities Reported total net production of 423 Bcfe, or 4.6 Bcfe per day, including 4.0 Bcf per day of gas and 106 MBbls per day of liquids Invested $595 million of capital and placed 50 wells to sales, including 28 in Appalachia and 22 in Haynesville Reduced full-year capital investment guidance $200 million, or approximately 10%, d

Southwestern Energy Company (NYSE:SWN) today announced it will host a conference call and live audio webcast on August 4, 2023 to discuss second quarter 2023 financial and operating results. The Company plans to release results on August 3, 2023 after market close, which will be available on SWN's website at www.swn.com.   Date: August 4, 2023 Time: 9:30 a.m. CT Webcast: ir.swn.com US/Canada: 877-883-0383 International: 412-902-6506 Access code: 6394673   A replay will also be available on SWN's website at www.swn.com following the call. About Southwestern Energy Southwestern Ene

Disciplined capital allocation and commitment to debt reduction Southwestern Energy Company (NYSE:SWN) today announced financial and operating results for the first quarter ended March 31, 2023. Generated $1.1 billion net cash provided by operating activities, $1.9 billion net income and $346 million adjusted net income (non-GAAP) - Adjusted EBITDA (non-GAAP) of $799 million and free cash flow (non-GAAP) of $99 million Reported total net production of 411 Bcfe, or 4.6 Bcfe per day, including 3.9 Bcf per day of gas and 107 MBbls per day of liquids Invested $665 million of capital and placed 36 wells to sales, including 13 in Appalachia and 23 in Haynesville Fully redeemed outst

Southwestern Energy Company (NYSE:SWN) today announced it will host a conference call and live audio webcast on April 28, 2023 to discuss first quarter 2023 financial and operating results. The Company plans to release results on April 27, 2023 after market close, which will be available on SWN's website at www.swn.com. Date: April 28, 2023 Time: 9:30 a.m. CT Webcast: ir.swn.com US/Canada: 877-883-0383 International: 412-902-6506 Access code: 6306886 A replay will also be available on SWN's website at www.swn.com following the call. About Southwestern Energy Southwestern Energy Company (NYSE:SWN) is a leading U.S. producer and marketer of natural gas and natural gas liquids focused

Reduced debt by over $1.0 billion in 2022, improving financial strength and enhancing resilience through commodity cycles Southwestern Energy Company (NYSE:SWN) (the "Company" or "Southwestern Energy") today announced financial and operating results for the fourth quarter and full-year 2022 and provided 2023 guidance. "In 2022, the Company delivered results that both strengthened its financial position and demonstrated the tangible benefits of its expanded and improved asset base. Financially, we repaid over $1 billion of debt, lowering leverage into our target range, and secured upgrades to one-notch below investment grade from all three agencies while also initiating a share repurchase

Southwestern Energy Company (NYSE:SWN) today announced it will host a conference call and live audio webcast on February 24, 2023 to discuss fourth quarter and full year 2022 financial and operating results. The Company plans to release results on February 23, 2023 after market close, which will be available on SWN's website at www.swn.com. Date:      February 24, 2023 Time:      10:00 a.m. CT Webcast:      ir.swn.com US/Canada:      877-883-0383 International:     412-902-6506 Access code:     1822604 A replay will also be available on SWN's website at www.swn.com following the call. About Southwestern Energy Southwestern Energy Company (

Returned more than $300 million to shareholders through debt repayment and share repurchases Southwestern Energy Company (NYSE:SWN) today announced financial and operating results for the third quarter ended September 30, 2022. Generated $797 million net cash provided by operating activities, $450 million net income and $360 million adjusted net income (non-GAAP) -­ $824 million adjusted EBITDA (non-GAAP) and $222 million free cash flow (non-GAAP) Reduced total debt by $227 million to achieve target leverage range with 1.4x net debt to adjusted EBITDA (non-GAAP) Repurchased $80 million of common stock, bringing total share repurchases to date to approximately $100 million, or 10% of

Southwestern Energy Company (NYSE:SWN) today announced it will host a conference call and live audio webcast on October 28, 2022 to discuss third quarter 2022 financial and operating results. The Company plans to release results on October 27, 2022 after market close, which will be available on SWN's website at www.swn.com. Date: October 28, 2022 Time: 9:30 a.m. CT Webcast: ir.swn.com US/Canada: 877-883-0383 International: 412-902-6506 Access code: 5197466 A replay will also be available on SWN's website at www.swn.com following the call. About Southwestern Energy Southwestern Energy Company (NYSE:SWN) is a leading U.S. producer and marketer of natural gas and natural gas liquids focus

Disciplined capital allocation strategy further enhancing shareholder value Southwestern Energy Company (NYSE:SWN) today announced financial and operating results for the second quarter ended June 30, 2022. Generated $427 million net cash provided by operating activities, $1.2 billion net income and $368 million adjusted net income (non-GAAP) $822 million Adjusted EBITDA (non-GAAP) and $169 million free cash flow (non-GAAP) Reported total net production of 438 Bcfe, or 4.8 Bcfe per day, including 4.2 Bcf per day of natural gas and 100 MBbls per day of liquids Invested $585 million of capital and placed 42 wells to sales, including 23 in Appalachia and 19 in Haynesville Announce

Southwestern Energy Company (NYSE:SWN) today announced it will host a conference call and live audio webcast on August 5, 2022 to discuss second quarter 2022 financial and operating results. The Company plans to release results on August 4, 2022 after market close, which will be available on SWN's website at www.swn.com. Date: August 5, 2022 Time: 10:00 a.m. CT Webcast: ir.swn.com US/Canada: 877-883-0383 International: 412-902-6506 Access code: 2234740 A replay will also be available on SWN's website at www.swn.com following the call. About Southwestern Energy Southwestern Energy Company (NYSE:SWN) is a leading U.S. producer and mark

Strategically advantaged to deliver more resilient and increased cash flow Southwestern Energy Company (NYSE:SWN) 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 (non-GAAP) and $317 million free cash flow (non-GAAP) Reduced debt by $508 million, consistent with disciplined capital allocation framework, utilizing free cash flow and seasonal working capital changes Reported total production of 425 Bcfe, or 4.7 Bcfe per day, including 4.2 Bcf per day of gas and 91 MBbls per day of liquids Operational performance on track; invested $544 million of cap

Southwestern Energy Company (NYSE:SWN) 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 Access code: 6924406 A replay of the call will also be available until May 6, 2022 at 877-344-7529, International 412-317-0088, or Canada Toll Free 855-669-9658, access code 3957714. About Southwestern Energy Sout

Record reserves value underscores resilient and growing free cash flow from responsible natural gas development Southwestern Energy Company (NYSE:SWN) (the "Company" or "Southwestern") 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 Company's inventory, expanding market optionality and reach, including globally through the LNG Corridor, while lowering t

Southwestern Energy Company (NYSE:SWN) 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 International:     412-902-6506 Access code:     2596339   A replay of the call will also be available until March 4, 2022 at 877-344-7529, International 412-317-0

Strategic consolidation of large-scale core Haynesville assets; Creates the largest dual-basin natural gas producer Southwestern Energy Company (NYSE:SWN) (the "Company" or "Southwestern") today announced that it has entered into a definitive agreement with the third largest private Haynesville producer – GEP Haynesville, LLC ("GEP") under which it will acquire GEP for approximately $1.85 billion. The transaction is expected to close by year-end 2021, subject to customary closing conditions. Transaction highlights include: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211104005628/en/(Graphic: Business Wire) Builds further sca

Creating sustainable value in responsible natural gas development from disciplined execution, growing scale and financial strength Southwestern Energy Company (NYSE:SWN) today announced financial and operating results for the third quarter ended September 30, 2021. Established scale positions in the two premier US natural gas basins by expanding operations into the Haynesville with the closing and integration of Indigo Natural Resources; Generated $213 million net cash provided by operating activities, $396 million net cash flow (non-GAAP), and $105 million of free cash flow (non-GAAP); - On track to exceed $475 million in free cash flow in 2021 Improved leverage ratio by 0.4x to 2.2

Southwestern Energy Company (NYSE:SWN) today announced it will host a conference call and live audio webcast on November 4, 2021 to discuss third quarter 2021 financial and operating results. The Company plans to release results on November 3, 2021 after market close, which will be available on SWN's website at www.swn.com. Date:     November 4, 2021 Time:     10:00 a.m. CT Webcast:     ir.swn.com US/Canada:     877-883-0383 International:     412-902-6506 Access code:     7695937 A replay of the call will also be available until November 11, 2021 at 877-344-7529, International 412-317-0088, or Canada Toll

Strategically positioned to capture sustainable value from increasing scale and responsible development Southwestern Energy Company (NYSE:SWN) 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 2.6x; sustainable 2x leverage expected in late 2021; Generated $270 million net cash provided by operating activities; invested $259 million consisten

Southwestern Energy Company (NYSE:SWN) 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 Access code:         3889842 A replay of the call will also be available until August 27, 2021 at 877-344-7529, International 412-317-0088, or Canada Toll Free 855-669-9658, ac