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southwestern energy

Southwestern Energy Co.'s corporate headquarters near The Woodlands. (Southwestern Energy)

Southwestern Energy to cut 40 percent of workforce

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Domestic gas prices have fallen 27 percent since this time last year, squeezing cash flows for shale gas drillers like Southwestern.
Southwestern Energy Co.'s corporate headquarters near The Woodlands. (Southwestern Energy)

Southwestern names new CEO

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Southwestern Energy Co. has picked top lieutenant Bill Way to be its new chief executive, as outgoing CEO Steven Mueller prepares to retire later this year.
Southwestern Energy Co.'s corporate headquarters near The Woodlands. (Southwestern Energy)

Houston company among oil firms sued by Arkansas royalty owners

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Claims against the companies include fraud, violation of the Arkansas Deceptive Trade Practices Act and civil conspiracy.
An oil worker walks by an oil pump during a sandstorm in the desert oil fields of Sakhir, Bahrain


FILE - In this Thursday, Jan. 8, 2015 file photo, an oil worker walks by an oil pump during a sandstorm that blew in, in the desert oil fields of Sakhir, Bahrain. Across a Mideast fueled by oil production, low global prices have some countries running on empty and scrambling to cover shortfalls, even as more regional crude is on tap to enter the market.(AP Photo/Hasan Jamali, File)

Billions in impairments, spending cuts expected in oil earnings

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A $32 billion operating cash shortfall and persistent low oil prices will probably force big shale drillers to announce billions in oil field impairments and spending cuts in third-quarter earnings reports this week.
Southwestern Energy chief executive Steven Mueller at a drilling rig near Wonderview, Ark. (Stephen Thornton/The New York Times)

Southwestern Energy posts loss amid low natural gas prices

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Southwestern Energy Co. lost $1.77 billion in third-quarter profits as it cut down its property values.
In April 2010, businessman and philanthropist George Mitchell attends an event in The Woodlands. Mitchell died in 2013. (AP Photo/Conroe Courier, Eric S. Swist)

EPA’s methane crackdown wins endorsement from oil icon’s Texas foundation

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The charitable foundation that is a legacy of George Mitchell, the “father of fracking,” has endorsed the proposed methane rules.
Southwestern Energy chief executive Steven Mueller at a drilling rig near Wonderview, Ark. (Stephen Thornton/The New York Times)

Southwestern Energy sells Pennsylvania pipelines for $500 million

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Natural gas producer Southwestern Energy will sell its gathering assets in Pennsylvania for $500 million, the company announced Thursday morning.
Southwestern Energy chief executive Steven Mueller at a drilling rig near Wonderview, Ark. (Stephen Thornton/The New York Times)

Southwestern — unlike peers — plans to boost 2015 spending

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Firms like Continental Resources, Apache Corp., ConocoPhillips and Marathon Oil have all announced big cuts this winter to their planned capital expenditures.
Gas drilling sites in Arkansas for Southwestern Energy.
(photo: Southwestern Energy)

U.S. has enough shale gas for petrochemical expansions

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Gas prices collapsed two years ago had have remained low since, prompting some drillers to turn their focus to more lucrative regions rich in oil and other liquids.
Gas drilling sites in Arkansas for Southwestern Energy.
(photo: Southwestern Energy)

Southwestern Energy to pay $300M for gas-rich land in Pennsylvania

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Southwestern Energy Co. is planning to pay $300 million for thousands of acres in a natural gas-rich region of Pennsylvania, little more than six weeks after its multibillion-dollar purchase of gas land nearby.