Southwestern Energy Company - SWN STOCK NEWS

Southwestern Energy Company to host conference call and webcast to discuss third quarter 2023 financial and operating results

Southwestern Energy Company released its 10th annual Corporate Responsibility report, highlighting achievements such as a 20% methane intensity reduction and a 17% reduction in greenhouse gas emissions intensity. The company also achieved its goal of certifying 100% of wells as low-emissions and sustained fresh water neutral operations for the seventh consecutive year. Additionally, senior management had 100% participation in diversity and inclusion training programs, and 32% of new hires were ethnically or gender diverse. The company reported a 5% improvement in employee and contractor safety incidents. 15% of executive and employee annual incentive compensation is linked to ESG metrics. The board of directors is 44% diverse, with plans to increase diversity to 50%.

Southwestern Energy Company (NYSE: SWN) is set to host a conference call and live audio webcast on April 28, 2023, at 9:30 a.m. CT, to discuss its Q1 2023 financial and operating results. The company will release these results on April 27, 2023, after market close. Interested parties can access the results on the company's website at www.swn.com.

Participants can join the conference call via phone: US/Canada: 877-883-0383 or International: 412-902-6506 with access code: 6306886. A replay of the call will be available on the company's website following the event. Southwestern Energy continues to be a notable player in the U.S. natural gas industry, focusing on responsible asset development.

Southwestern Energy Company (NYSE: SWN) reported strong financial results for 2022, with a net income of $1.8 billion and adjusted EBITDA of $3.3 billion. The company reduced its total debt by over $1 billion, achieving a net debt to adjusted EBITDA ratio of 1.3x. In 2022, it generated $3.2 billion in net cash from operating activities. Southwestern Energy produced 1.7 Tcfe, including 4.2 Bcf per day of natural gas. The company expects production of approximately 4.6 Bcfe per day in 2023, down from 4.7 Bcfe in 2022, with capital investments projected between $2.2 and $2.5 billion. Additionally, the company has received ratings upgrades to just below investment grade from major credit agencies.

Southwestern Energy Company (NYSE: SWN) will host a conference call and live audio webcast on February 24, 2023, to discuss its fourth quarter and full year 2022 financial results. The results will be released on February 23, 2023, after market close, and can be accessed via SWN’s website at www.swn.com. The call is scheduled for 10:00 a.m. CT, with access numbers provided for both US and international participants. A replay will be available on the company's website following the call.

Southwestern Energy focuses on developing natural gas assets in major U.S. shale gas basins, aiming to create sustainable value for stakeholders.

Southwestern Energy Company (NYSE: SWN) released its 9th annual Corporate Responsibility report, emphasizing its commitment to Environmental, Social, and Governance (ESG) principles. Key highlights include a goal to reduce Scope 1 greenhouse gas emissions by 50% by 2035 and achieving a 26% reduction in methane intensity since 2020. The company has also eliminated routine flaring and achieved fresh water neutral operations for six consecutive years. In social governance, 100% gender pay equality and increased diversity among new hires were noted. The report aligns with various industry standards, promoting transparency and sustainability.