Actionable news
0
All posts from Actionable news
Actionable news in SWN: SOUTHWESTERN ENERGY COMPANY,

Southwestern Energy Posts Narrower Loss, Boost Production View

Comment

Shutterstock photo

Southwestern Energy Co. posted a narrower second-quarter loss as it exceeded production guidance by 5%.

The oil and gas company said in January that it would lay off or reduce the roles of about 45% of its workforce as the entire industry contends with a severe and lengthy pricing downturn.

Southwestern said July 5 that net proceeds from an upsized stock offering totaled about $1.25 billion. The sale was one of the factors Moody's...


More