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Thursday, October 26, 2017

-=Southwestern Energy (SWN) reported earnings on Thur 26 Oct 2017 (a/h)



Southwestern Energy misses by $0.02, misses on revs
  • Reports Q3 (Sep) earnings of $0.06 per share, excluding non-recurring items, $0.02 worse than the Capital IQ Consensus of $0.08; revenues rose 13.2% year/year to $737 mln vs the $773.99 mln Capital IQ Consensus.
  • Total net production of 232 Bcfe, including 153 Bcfe from the Appalachian Basin, an increase of approximately 10% and 26%, respectively, compared to the third quarter of 2016, despite third party gathering downtime in Northeast Appalachia; 

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