Southwestern Energy Company
| Southwestern Energy Co. 2350 N Sam Houston Parkway East Suite 125 Houston, TX 77032 281-618-4700 |
Southwestern Energy Company is an integrated natural gas company whose wholly-owned subsidiaries are engaged in oil and gas exploration and production and natural gas gathering and marketing.
Company contact: Brad Sylvester, CFA, Manager, Investor Relations, 281-618-4897
Latest Southwestern Energy News
Southwestern Energy acquires Marcellus shale properties from ChesapeakeSouthwestern Energy Co. (NYSE: SWN) has agreed to acquire natural gas properties located in Pennsylvania prospective for the Marcellus Shale from Chesapeake Energy Corp. (NYSE: CHK) and its partners for approximately $93 million.
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Marcellus surpasses Haynesville as largest US natural gas producing play, says IHSRecent pipeline expansions have helped the Marcellus shale play reach a production rate above 7 billion cubic feet (BCF)/day; surpassing the Haynesville shale to become the largest gas producing play in the US, according to a new IHS (NYSE: IHS) report. |
Southwestern Energy elects COOEffective October 1, 2011, William J. Way will join Southwestern Energy Co. as Chief Operating Officer (COO) responsible for all of the company's exploration and production (E&P) operations. |
Woodford Shale and Cana-Woodford: High bcfe wells with attractive economics
The first commercial oil well from the Woodford Shale in Oklahoma was drilled in 1939. Since then, more than four million barrels of oil have been extracted from the formation.
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Net income dips by $2.7B, but still up 42% over 3Q09
While revenues have made a rebound from the economic doldrums of 2009, net income for the OGJ150 group of companies slipped a little in the third quarter of 2010, with a few notable exceptions.
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Report: Energy stocks outperformed market indices in 2010Despite a poor start, 2010 finished as a "wonderful year" for energy investors, with more than 65% of oil and gas stocks delivering positive returns last year, according to a new IHS Herold report. Driven by economic growth, crude prices, which hit bottom in late May 2010 at around $65 per barrel, rose steadily and consistently through the second half of the year, and took oil company shares with them. |
Rotational programs help attract, develop, and retain financial talent
The severe cycles of the oil and gas industry have left a well-documented talent gap in our industry.
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US producers show steady gain in revenues, net income for 2Q10
It's become clear that the domestic oil and gas industry in the United States has made a dramatic comeback since financials fell into a deep pit in late 2008 and early 2009.
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