Southwestern Energy (SWN) Tops Q1 EPS by 8c

Southwestern Energy (NYSE: SWN) reported Q1 EPS of $0.27, $0.08 better than the analyst estimate of $0.19. Revenue for the quarter came in at $990 million versus the consensus estimate of $605.15 million.

“These results demonstrate the exceptional quality of our Appalachia assets and the strength, resilience and operational execution capabilities of our teams, who successfully navigate through changing operating conditions,” said Bill Way, President and Chief Executive Officer, Southwestern Energy. “Having deleveraged the balance sheet with the monetization of Fayetteville, ongoing operational improvements are driving costs lower and production higher, proof points that we are well down the transitional path back to free cash flow clearly outlined in our strategy.”

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

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