 | |
| Company type | Public company |
|---|---|
| Industry | Petroleum industry |
| Founded | 1929 (as Arkansas Western Gas Company) |
| Headquarters | Spring, Texas, U.S. |
Key people | William J. Way, (CEO & President) Michael E. Hancock, CFO |
| Products | Natural gas |
Production output | 3.397 billion cubic feet of natural gas equivalent per day (2021) |
| Revenue |  US$6.667 billion (2021) |
| US$-25 million (2021) | |
| Total assets | US$11.848 billion (2021) |
| Total equity | US$2.547 billion (2021) |
Number of employees | 938 (2020) |
| Website | www |
| Footnotes / references [1] | |
Southwestern Energy is a natural gas exploration and production company organized in Delaware and headquartered in Spring, Texas.[1] The company is ranked 893rd on the Fortune 500.[2]
The company's primary exploration and production activities are in the Appalachian Basin in Pennsylvania and West Virginia (73% of reserves), as well as the Haynesville Shale (27% of reserves). The company also controls 2,518,519 net undeveloped acres in New Brunswick, Canada, which are subject to an indefinite moratorium on hydraulic fracturing and cannot be developed at this time.[1]
As of December 31, 2021, the company had 21.148 trillion cubic feet of natural gas equivalent of estimated proved reserves, of which 68% was natural gas, 29% was natural gas liquids, and 3% was petroleum -- and all of which was in the Appalachian Basin.[1]