QUOTE AND NEWS
Benzinga  Apr 22  Comment 
Analysts at Northland Securities initiated coverage on Southwestern Energy Company (NYSE: SWN) with a Neutral rating. The target price for Southwestern Energy is set to $27. Southwestern Energy shares have dropped 45.94 percent over the past...
TheStreet.com  Apr 15  Comment 
NEW YORK (TheStreet) -- Shares of Southwestern Energy  closed up 5.33% to $26.69 on Wednesday as oil prices continued their rally. WTI crude was up 5.03% to $55.97 at 4:37 p.m., while Brent crude rallied 3.29% to $60.35, according to CNBC....
Benzinga  Apr 9  Comment 
Johnson Rice upgraded Southwestern Energy Co. (NYSE: SWN) from Hold to Buy. Southwestern Energy shares have dropped 48.05% over the past 52 weeks, while the S&P 500 index has surged 11.20% in the same period. Southwestern Energy shares rose...
Benzinga  Apr 9  Comment 
TheStreet.com  Apr 2  Comment 
NEW YORK (TheStreet) -- Shares of Southwestern Energy  closed up 5.16% to $24.04 on Thursday on reports that major world powers and Iran reached preliminary agreements on the nation's nuclear program and are aiming to complete a full deal by...
TheStreet.com  Mar 25  Comment 
NEW YORK (TheStreet) -- Shares of oil company Southwestern Energy Co. closed higher by 1.92% to $23.32 in Wednesday's regular trading session, after U.S. crude oil settled up 3.6% on a weaker dollar. U.S. durable goods orders data for...
Market Intelligence Center  Mar 24  Comment 
The patented option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center  are highlighting two trades on Southwestern Energy Co (SWN) today after it closed at $22.79 on Monday. For more conservative...
TheStreet.com  Mar 23  Comment 
NEW YORK (TheStreet) -- Shares of oil company Southwestern Energy were gaining 1.7% to $22.98 Monday as oil prices increased due to the weakening U.S. dollar. WTI crude oil for May delivery was up 1.6% to $47.30 a barrel early Monday...
TheStreet.com  Mar 20  Comment 
NEW YORK (TheStreet) -- Shares of Southwestern Energy Co. are higher by 1.48% to $22.60 in late morning trading on Friday, as oil prices shake off yesterday's losses driving some energy related stocks into the green today. Crude oil (WTI) is...
Forbes  Mar 19  Comment 
The worst performing sector as of midday Thursday is the Energy sector, showing a 2.1% loss. Within that group, Transocean Ltd. (NYSE: RIG) and Southwestern Energy Company (NYSE: SWN) are two of the day's laggards, showing a loss of 7.0% and 6.0%,...




 

Southwestern Energy Company is an energy company focused on exploring and producing natural gas in the southwestern region of the United States.[1] It generates revenue through Midstream services that market its own produced gas and gathers fees associated with the transportation of natural gas to market. [1]

Company Overview

Southwestern Energy Company is an integrated energy company located in Houston, Texas and it has natural gas and crude oil exploration and production sites in Arkansas, Oklahoma, Texas, New Mexico, and Louisiana. [1] Southwestern Energy Production Company and SEECO, Inc., Southwestern Energy Company's wholly-owned subsidiaries, conduct most of SWN's exploration and production activities. [1] Conventional drilling occurs in the Arkansas part of the Arkoma Basin, and development drilling and exploration occurs in the Oklahoma part of the Akroma Basin. [2]

Business and Financial Metrics[3]

In 2009, SWN incurred a net loss of $35.8 million on revenues of $2.15 billion. This represents a turnaround from 2008, when the copany earned $568.5 million on $2.31 billion in revenues.

Business Segments[3]

Southwestern Energy Company was broken up into three segments: Exploration and Production, Midstream, and Distribution. [1]

Exploration and Production (74.2% of total revenue): Its exploration and production segment includes SEECO, Inc., Southwestern Energy Production Company, or SEPCO, and DeSoto Drilling Company, which are all wholly owned subsidiaries of southwestern Energy Company. [4] All drilling is done in the United States, with drilling being done in the Arkoma Basin, East Texas, the Permian Basin and the onshore Gulf Coast.[4]

Midstream Services (74.7% of total revenue): The Midstream services segment creates revenue by natural gas transportation fees and by marketing its own gas production and occasionally some third party gas natural gas as well.[4] DeSoto Gathering company, a subsidiary of Southwestern Energy Company, engages in gas gathering activities dealing mainly with the Fayetteville Shale play.[4] Southwestern Energy Services Company(SES), Southwestern Energy Company's gas marketing subsidiary, captures downstream opportunities that come up due to marketing and transportation activity.[4].

Trends & Forces

Governmental Regulations Could Lead to Higher Costs of Operation

Since Southwestern Energy Company needs to drill underground for gas, it must abide by the Government's regulations.[5] It costs Southwestern Energy Company to comply with the regulations, and if the regulations change, the costs of abiding by them increase. [5] Also, since Southwestern Energy Company is the owner and operator of natural gas and oil properties, and an owner of gas gathering and transmission systems, they have to follow several federal, state, and local regulations relating to the discharge of materials and protection of the environment. [5] Such regulations could make Southwestern Energy Company liable for the cost of pollution clean-up, and could even result in cessation of operation in polluted areas, which could lead to increased costs of operation. [5] The government also has abandonment regulations, which Southwestern Energy Company could incur in the future. [5]

Competition

The natural gas and oil market is very competitive, and there is plenty of competition for reserve acquisitions, exploration leases, licenses, concessions, marketing agreements, equipment and labor. SWN's competitors include:

Footnotes

  1. 1.0 1.1 1.2 1.3 1.4 Southwestern Energy Company "about SWN"
  2. Yahoo! Finance
  3. 3.0 3.1 SWN 2009 10-K pg. 42  
  4. 4.0 4.1 4.2 4.3 4.4 2007 10K Item 1 page 3
  5. 5.0 5.1 5.2 5.3 5.4 2007 10k item1A page 27

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