• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Summary: Southwestern Energy Co. Nov 05 Product Image

Summary: Southwestern Energy Co. Nov 05

  • Published: November 2005
  • Standard & Poors

Abstract
The ratings on Southwestern Energy Co. reflect its participation in the highly competitive, cyclical, and capital-intensive exploration and production (E&P) segment of the oil and natural gas industry, competitive cost structure, and good reserve life. In addition, market volatility is somewhat offset by a substantial hedging program and the free cash flow provided by Southwestern's natural gas utility, Arkansas Western Gas Co., which accounts for about 7% of operating income. Southwestern had year-end 2004 proved reserves of 646 billion cubic feet equivalent (93% natural gas, 83% proved developed), which are onshore primarily in East Texas (47%), the Arkoma Basin (38%), Permian Basin (9%), and Gulf Coast (6%). Standard & Poor's Ratings Services considers Southwestern's business risk profile as fair, reflecting...

Companies mentioned in this report are: Southwestern Energy Co.,Noble Energy Inc.,Wal-Mart Stores Inc.,XTO Energy Inc.,Newfield Exploration Co.
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured READ MORE >

Southwestern Energy Co.,Noble Energy Inc.,Wal-Mart Stores Inc.,XTO Energy Inc.,Newfield Exploration Co.

Note: Product cover images may vary from those shown

RELATED PRODUCTS