Southwestern Energy Company

SWN

Market cap $7.84B

Expand Energy, built from Chesapeake's acquisition of Southwestern, is a $19.5 billion market cap company paying a 2.7% base dividend. Chesapeake acquired Southwestern for $7.4 billion, and the merger closed Oct. 1, 2024. Despite a rough year for natural gas, the company is well-positioned to supply natural gas to Midwest and mid-Atlantic utilities via its Marcellus production, and gas for LNG from Haynesville.

NEW YORK , Sept. 26, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 and S&P MidCap 400: S&P SmallCap 600 constituent The Ensign Group Inc. (NASD: ENSG) will replace Southwestern Energy Co. (NYSE: SWN) in the S&P MidCap 400 and TransMedics Group, Inc. (NASD: TMDX) will replace The Ensign Group in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, October 1.

OKLAHOMA CITY & SPRING, Texas--(BUSINESS WIRE)--Chesapeake Energy Corporation and Southwestern Energy Company Combination Expected to Close in the First Week of October.

Hart-Scott-Rodino Act waiting period has expired Company to be rebranded as Expand Energy and trade on NASDAQ under "EXE" ticker symbol OKLAHOMA CITY and SPRING, Texas , Sept. 26, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced the waiting period in connection with the companies' pending combination under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act") has expired.

Call traders are blasting Southwest Energy Co (NYSE:SWN) today, after news that the company's merger with Chesapeake Energy (CHK) will occur in the fourth quarter of this year.

Chesapeake Energy's $7 billion acquisition of rival natural gas producer Southwestern Energy is expected to close early in the fourth quarter, CEO Nick Dell'Osso said on Wednesday.

Southwestern Energy Company reported disappointing second-quarter earnings, missing revenue and profit expectations, leading to a 6.20% stock decline. Despite struggles in the natural gas industry, Southwestern Energy's net loss was due to a non-cash impairment charge, with positive cash flow. The delayed merger with Chesapeake Energy presents a potential short-term profit opportunity for investors if and when it closes.

Southwestern's (SWN) Q2 earnings gain from higher oil price realization, partially offset by lower gas-equivalent production volumes and lower realized gas prices.

Southwestern Energy (SWN) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.09 per share a year ago.

SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Announces Second Quarter 2024 Results.