Southwestern Energy (SWN) Tops Q1 EPS by 8c
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Southwestern Energy Announces First Quarter 2019 Results
April 25, 2019 4:19 PM EDTContinuing operational outperformance, with cost savings driving cash flow higher
SPRING, Texas--(BUSINESS WIRE)-- Southwestern Energy Company (NYSE: SWN) today announced financial and operating results for the quarter ended March 31, 2019, the Companys first quarter as a single-basin Appalachia producer. These results include net income of $594 million, or $1.10 per share, and adjusted net income of $145 million, or $0.27 per share. Unless otherwise noted, results are compared to the first quarter of 2018, which included contribution from Fayetteville Shale assets sold in December 2018.
Appalachia production up 14 percent to 182 Bcfe, liquids up 33... More