Southwestern Energy Co (SWN)
NYSE NYSE Primary Summary
SWN Chart
Options Bulls Blast Oil & Gas Stock After Merger Update
Call traders are blasting Southwest Energy Co (NYSE:SWN) today, after news that the company's merger with Chesapeake Energy (CHK) will occur in the fourth quarter of this year.
Southwestern Energy: Earnings Has Lower Production, But Pending Merger Offers Upside
Southwestern Energy Company reported disappointing second-quarter earnings, missing revenue and profit expectations, leading to a 6.20% stock decline. Despite struggles in the natural gas industry, Southwestern Energy's net loss was due to a non-cash impairment charge, with positive cash flow. The delayed merger with Chesapeake Energy presents a potential short-term profit opportunity for investors if and when it closes.
Southwestern (SWN) Q2 Earnings Beat Estimates, Revenues Miss
Southwestern's (SWN) Q2 earnings gain from higher oil price realization, partially offset by lower gas-equivalent production volumes and lower realized gas prices.
Southwestern Energy Co Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| MDR Michael D. Richards Jr. Capital A Wealth Management LLC | 410 | $2,686 | $2,686 | - | - |
Southwestern Energy Co (SWN) FAQ
What does "Delisted" mean?
What was the last recorded dividend?
How long did the company pay dividends?
Were there any stock splits?
What was the last known trading price?
Southwestern Energy Co Profile
| - Industry | - Sector | Mr. William J. Way CEO | NYSE Exchange | 845467109 CUSIP |
| United States Country | 1,165 Employees | 14 Oct 1994 Last Dividend | 26 Mar 2008 Last Split | 30 Dec 1987 IPO Date |
Overview
Southwestern Energy Company is an independent entity in the energy sector, specializing in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) across the United States. The company manages its operations through two primary segments: Exploration and Production, and Marketing. Its operational focus is on the extraction of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana. Established in 1929, Southwestern Energy has cemented its headquarters in Spring, Texas, evolving into a significant player in the energy market by meeting the needs of LNG exporters, energy companies, utilities, and industrial purchasers.
Products and Services
- Exploration and Production
This segment of Southwestern Energy focuses on the discovery and retrieval of oil, natural gas, and NGLs. Utilizing cutting-edge technology and innovative methods, the company targets unconventional reservoirs primarily in the Appalachian region and the Louisiana Gulf Coast area, aiming to maximize production efficiency and resource recovery.
- Marketing and Transportation
Southwestern Energy not only specializes in the extraction of natural resources but also plays a crucial role in their marketing and transportation. This includes the sales and distribution of natural gas, oil, and NGLs to a diverse range of clients such as LNG exporters, energy corporations, utilities, and industrial customers who demand high-quality fuel sources. Through this service, Southwestern Energy ensures a steady supply chain and contributes to the global energy market.
