Southwestern Energy (SWN) Tops Q1 EPS by 13c

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Go back to Southwestern Energy (SWN) Tops Q1 EPS by 13c

Southwestern Energy Announces First Quarter 2016 Financial And Operating Results

April 21, 2016 4:30 PM EDT

HOUSTON, April 21, 2016 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the quarter ended March 31, 2016 as well as an update to the progress made on the strategic initiatives disclosed in February 2016. First quarter highlights include:

Realized net cash (a non-GAAP measure reconciled below) of approximately $147 million, which exceeded capital investments by $25 million; Recorded adjusted net loss attributable to common stock (a non-GAAP measure reconciled below) of $32 million, or $0.08 per diluted share, when excluding a non-cash ceiling test impairment of... More