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30 Pages

Southwestern Energy corporate - reported results analysis


Southwestern Energy corporate - reported results analysis

Report summary

Southwestern impressed us in Q1. It posted its first net income in two years and delivered sequential production growth for the first time since Q4 2015. Surprisingly, much attention was drawn to the Moorefield Shale, which lies just below the Fayetteville in Arkansas. While the company's stated near-term focus is on its dominant Marcellus position -- where we estimate its best wells breakeven at US$3.02/mcf -- 7 wells from the Moorefield formation achieved an estimated IP 30 rate of 5.1 mmcfed with an average cost of US$3.8 million per well. This injects upside potential to the company's material Fayetteville position. Our three-year production CAGR estimate of 7% remains below the top Marcellus producers' average of 12%.

What's included?

This report includes 1 file(s)

  • Southwestern Energy corporate - reported results analysis PDF - 406.57 KB 30 Pages, 0 Tables, 4 Figures

Description

The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Reported Results Analysis report provides rapid response analysis on company quarterly results and strategy presentations. Use it to gain the upper hand with Wood Mackenzie's opinion on the latest corporate developments.

Widely used by both the energy and financial sectors, our report gives you a unique perspective on key strategic and financial challenges, as well as opportunities facing this oil and gas company.

Wood Mackenzie provides an independent evaluation and expert opinion on the operational performance, strategy and future of the world's top oil and gas companies. Our unique, objective analysis helps you understand, validate, compare and challenge market and corporate views so you can assess strategic opportunities.

  • Q1 2017
    • Key takeaways
    • Overview
  • Q4 2016
    • Overview
    • Strategy
    • Operational performance
    • Financial performance
  • Q3 2016
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q2 2016
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q1 2016
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q4 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q3 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q2 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q1 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q4 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q3 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q2 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q1 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q4 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q3 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q2 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
    • Exploration
  • Q1 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
    • Exploration

In this report there are 4 tables or charts, including:

  • Q1 2017
    • Southwestern: evolution of quarterly net income
    • Southwestern: evolution of quarterly production
  • Q4 2016
    • Southwestern: evolution of quarterly net income
    • Southwestern: evolution of quarterly production
  • Q3 2016
  • Q2 2016
  • Q1 2016
  • Q4 2015
  • Q3 2015
  • Q2 2015
  • Q1 2015
  • Q4 2014
  • Q3 2014
  • Q2 2014
  • Q1 2014
  • Q4 2013
  • Q3 2013
  • Q2 2013
  • Q1 2013
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