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Southwestern (SWN) Q4 Earnings Beat on Higher Oil Production
SWNSWN(SWN) Zacks Investment Research·2024-02-26 23:31

Southwestern Energy Company (SWN) reported adjusted fourth-quarter 2023 earnings of 17 cents per share, which beat the Zacks Consensus Estimate of 13 cents. The bottom line, however, declined from the year-ago quarter’s figure of 26 cents.Quarterly operating revenues of 1.7billionbeattheZacksConsensusEstimateof1.7 billion beat the Zacks Consensus Estimate of 1.5 billion. However, the top line declined from the year-ago quarter’s level of $3.4 billion.Better-than-expected quarterly results were driven by higher oil production and lower marketing ...