Southwestern Energy Co Stock Price, News & Analysis

Southwestern Energy Company (NYSE: SWN) has announced an expansion of its certification program for responsibly sourced gas (RSG) to include its Haynesville production, following a similar initiative in Appalachia. This program highlights the company’s commitment to robust Environmental, Social, and Governance (ESG) practices. Key features include independent certification analyzing five times more data points than competitors, pad-level continuous emissions monitoring, and an expected increase of certified RSG production to over 5 Bcf per day. Completion of certifications is anticipated by March 2022 for Appalachia and late 2022 for Haynesville.

Southwestern Energy Company (NYSE: SWN) will hold a conference call and live audio webcast on February 25, 2022, to discuss its fourth quarter and full year 2021 financial and operational results. The results will be released on February 24, 2022, after market close, available on their website. The call is scheduled for 9:30 a.m. CT, with a replay available until March 4, 2022. The company emphasizes its commitment to responsible energy production in prolific shale gas basins.

Southwestern Energy Company (NYSE: SWN) has closed the acquisition of GEP Haynesville, LLC, enhancing its operational scale in the Haynesville basin and improving key financial metrics such as margins and returns. Funded by the issuance of $1.15 billion in senior notes and a $550 million term loan, this acquisition is projected to strengthen SWN's financial position. The company aims to include these properties in its 2022 guidance, expected during the Q4 earnings release.

Southwestern Energy Company (NYSE: SWN) has extended its cash tender offers to acquire up to $300,000,000 of its Senior Notes due 2025 and 2027, set to expire at 5:00 p.m. on December 30, 2021. As of December 29, 2021, the company received $401,547,000 in validly tendered 2025 Notes, exceeding the maximum tender amount. Consequently, no 2027 Notes will be purchased. The tendering process will involve proration based on total valid tenders received.

Southwestern Energy Company (NYSE: SWN) announced the pricing of a block trade involving 63,976,376 shares of its common stock, resulting in gross proceeds of approximately $328.2 million for the Selling Stockholders. This offering is part of a previously announced transaction related to the acquisition of Indigo Natural Resources LLC. Southwestern Energy will not sell any shares and will not receive proceeds from this sale. The offering is expected to close on December 15, 2021, subject to customary conditions.

Southwestern Energy Company (NYSE: SWN) announced a proposed underwritten block trade of 63,976,376 shares of its common stock, offered by certain shareholders from its acquisition of Indigo Natural Resources LLC. The shares will be sold in various transactions, with Southwestern Energy not participating in the sale or receiving any proceeds. J.P. Morgan Securities LLC is the sole book-running manager for the Offering, which is conducted under an effective shelf registration statement. No proceeds will benefit Southwestern Energy.

Southwestern Energy (NYSE: SWN) has announced the pricing of a public offering for $1.15 billion in 4.75% senior notes due 2032. The Notes will be sold at 100% of face value, with an expected closing date of December 22, 2021. The proceeds will be used to finance the cash portion of acquiring GEP Haynesville, LLC, repurchase certain outstanding senior notes, and pay down revolving credit. The offering is under an effective shelf registration statement with the SEC.

Southwestern Energy Company (SWN) announced a public offering of $1.15 billion in senior notes due 2032, subject to market conditions. The proceeds will be used to fund the cash portion of the acquisition of GEP Haynesville, LLC, conduct tender offers for certain outstanding senior notes, and reduce the balance of its revolving credit agreement. The offering is under an effective automatic shelf registration statement and involves several prominent underwriters, including J.P. Morgan and BofA Securities.

Southwestern Energy Company (NYSE: SWN) has announced early results for its cash tender offers, increasing the maximum tender amount from $250 million to $300 million. The tender offers focus on purchasing its 4.95% Senior Notes due 2025 and 7.75% Senior Notes due 2027, with valid tenders received by November 7, 2021. Notably, the company will not purchase any 2027 Notes as the increased maximum has been met by 2025 Notes tendered. Additionally, all 2025 Notes tendered will be subject to proration based on total submissions by the expiration date of December 29, 2021.