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Home > Company Index > Utilities > Gas Utilities > Southwestern Energy Company

Southwestern Energy Company
NYSE: SWN
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 PROFILE
Southwestern Energy is putting a lot of energy into oil and gas exploration and production. The company operates in Arkansas, Louisiana, New Mexico, Oklahoma, Texas, and along the Gulf Coast, where it has proved reserves of 380.5 billion cu. ft. of natural gas equivalent. Southwestern Energy is also engaged in natural gas transportation and marketing. Spurred by an unfavorable court judgment, the company announced plans to sell subsidiary Arkansas Western Gas, which distributes natural gas to more than 136,000 customers in Arkansas, to help pay a $109 million judgment in a lawsuit brought by royalty owners. However, Southwestern Energy has had difficulty in finding a buyer to come up with its asking price.

 COMPETITION
Exxon Mobil Corporation (XOM)
Newfield Exploration Company (NFX)
Reliant Energy, Incorporated (REI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 363.90
1-Yr. Sales Growth: 29.8%
Employees: 536
Revenue per employee: $678,917.91

 KEY PEOPLE
• Harold M. Korell
    CEO
• Gregory D. Kerley
    CFO

 CONTACT INFO
2350 N. Sam Houston Parkway E., Ste. 300
Houston, TX 77032
US
Phone: 281-618-4700
Fax: 281-618-4757
Online: Web Site

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