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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'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 (SWN) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.09 per share a year ago.
SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Announces Second Quarter 2024 Results.
Southwestern Energy (SWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SPRING, Texas--(BUSINESS WIRE)--SOUTHWESTERN ENERGY SCHEDULES SECOND QUARTER EARNINGS RELEASE DATE FOR AUGUST 1, 2024.
Oil prices remain elevated with U.S. oil production 1.4% higher than the record levels of a year ago. Prices of West Texas Intermediate (WTI) are approximately 7% higher than they were a year ago.
Lower gas-equivalent production volumes and realized gas prices hurt Southwestern's (SWN) earnings in Q1.
Southwestern Energy (SWN) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.31 per share a year ago.
SPRING, Texas--(BUSINESS WIRE)--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.