Markets
SWN

Southwestern Energy Updates 2013 Guidance; Shares Edge Down Late

Southwestern Energy Company ( SWN ) announced its total capital investment program in 2013 is planned to be approximately $2 billion, compared to approximately $2.1 billion in 2012, consisting of approximately $1.8 billion for its exploration and production segment, $160 million for its midstream segment and $40 million for corporate purposes.

Southwestern is targeting total net gas and oil production of 628 to 640 Bcfe in 2013, up approximately 11 to 13% over the company's expected 2012 level.

SWN shares are down 0.5% at $33.79.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

SWN

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More