Southwestern Energy Co. (SWN) Tops Q1 EPS by 3c

Southwestern Energy Co. (NYSE: SWN) reported Q1 EPS of $0.66, $0.03 better than the analyst estimate of $0.63. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $935.27 million.

"A strong start to 2014 allowed us to set many records during the first quarter," remarked Steve Mueller, President and Chief Executive Officer of Southwestern Energy. "Our first quarter demonstrated the earnings and cash flow power of our combined Fayetteville and Marcellus assets. Although we attained record production and earnings this quarter, our focus remains the same – to add more value every day through our current drilling and midstream operations while keeping our costs low, all the while building for the future with new exploration ideas."

For earnings history and earnings-related data on Southwestern Energy Co. (SWN) click here.

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