Research a ompany that is publicly traded on the US stock exchanges (NASDAQ, AMEX,
NYSE). Find the ticker symbol, describe the industry and business the company is in, find the
10k statements.
Solution
Southwestern Energy Company icker symbol = SWN Exchange: NYSE
Company business:
Southwestern Energy Company (including its subsidiaries, collectively, “we”, “Southwestern” or
the “Company”) is an independent energy company engaged in natural gas and oil exploration,
development and production (“E&P”). We are also focused on creating and capturing additional
value through our natural gas gathering and marketing businesses, which we refer to as
Midstream Services. We conduct substantially all of our business through subsidiaries.
Exploration and Production - Our primary business is the exploration for and production of
natural gas and oil, with our current operations principally focused within the United States on
development of two unconventional natural gas reservoirs located in Arkansas and
Pennsylvania. Our operations in Arkansas are primarily focused on an unconventional natural
gas reservoir known as the Fayetteville Shale, and our operations in northeast Pennsylvania are
focused on the unconventional natural gas reservoir known as the Marcellus Shale (herein
referred to as “Northeast Appalachia”). Recently, we acquired a significant stake in properties
located in West Virginia and southwest Pennsylvania, which we also intend to develop. These
operations in West Virginia also focused on the Marcellus Shale, the Utica and the Upper
Devonian unconventional natural gas and oil reservoirs (herein referred to as “Southwest
Appalachia”). Collectively, our properties located in West Virginia and Pennsylvania are herein
referred to as the “Appalachian Basin.” To a lesser extent, we have exploration and production
activities ongoing in Colorado, Louisiana, Texas and in the Arkoma Basin in Arkansas and
Oklahoma. We also actively seek to find and develop new natural gas and oil plays with
significant exploration and exploitation potential, which we refer to as “New Ventures,” and
through acquisitions. We also operate drilling rigs in Arkansas and Pennsylvania, as well as in
other operating areas, and provide oilfield products and services, principally serving our
exploration and production operations.
Midstream Services - We engage in natural gas gathering activities in Arkansas, Texas,
Louisiana, Pennsylvania, and West Virginia . These activities primarily support our E&P
operations and generate revenue from fees associated with the gathering of natural gas. Our
marketing activities capture downstream opportunities that arise through the marketing and
transportation of the natural gas, oil and natural gas liquids (NGLs) produced in our E&P
operations.
industry
Companies in the Independent Oil & Gas industry with significant portions of their operations
revolving around natural gas have been facing a number of headwinds recently. Warm weather
across t.
Research a ompany that is publicly traded on the US stock exchanges .pdf
1. Research a ompany that is publicly traded on the US stock exchanges (NASDAQ, AMEX,
NYSE). Find the ticker symbol, describe the industry and business the company is in, find the
10k statements.
Solution
Southwestern Energy Company icker symbol = SWN Exchange: NYSE
Company business:
Southwestern Energy Company (including its subsidiaries, collectively, “we”, “Southwestern” or
the “Company”) is an independent energy company engaged in natural gas and oil exploration,
development and production (“E&P”). We are also focused on creating and capturing additional
value through our natural gas gathering and marketing businesses, which we refer to as
Midstream Services. We conduct substantially all of our business through subsidiaries.
Exploration and Production - Our primary business is the exploration for and production of
natural gas and oil, with our current operations principally focused within the United States on
development of two unconventional natural gas reservoirs located in Arkansas and
Pennsylvania. Our operations in Arkansas are primarily focused on an unconventional natural
gas reservoir known as the Fayetteville Shale, and our operations in northeast Pennsylvania are
focused on the unconventional natural gas reservoir known as the Marcellus Shale (herein
referred to as “Northeast Appalachia”). Recently, we acquired a significant stake in properties
located in West Virginia and southwest Pennsylvania, which we also intend to develop. These
operations in West Virginia also focused on the Marcellus Shale, the Utica and the Upper
Devonian unconventional natural gas and oil reservoirs (herein referred to as “Southwest
Appalachia”). Collectively, our properties located in West Virginia and Pennsylvania are herein
referred to as the “Appalachian Basin.” To a lesser extent, we have exploration and production
activities ongoing in Colorado, Louisiana, Texas and in the Arkoma Basin in Arkansas and
Oklahoma. We also actively seek to find and develop new natural gas and oil plays with
significant exploration and exploitation potential, which we refer to as “New Ventures,” and
through acquisitions. We also operate drilling rigs in Arkansas and Pennsylvania, as well as in
other operating areas, and provide oilfield products and services, principally serving our
exploration and production operations.
Midstream Services - We engage in natural gas gathering activities in Arkansas, Texas,
Louisiana, Pennsylvania, and West Virginia . These activities primarily support our E&P
operations and generate revenue from fees associated with the gathering of natural gas. Our
marketing activities capture downstream opportunities that arise through the marketing and
2. transportation of the natural gas, oil and natural gas liquids (NGLs) produced in our E&P
operations.
industry
Companies in the Independent Oil & Gas industry with significant portions of their operations
revolving around natural gas have been facing a number of headwinds recently. Warm weather
across the United States has led to less usage, and the large amount of natural gas being produced
has kept prices subdued for some time now. Gas stocks are currently well above the five year
average which does not bode well for the industry and companies such as Southwestern Energy
Company and Devon Energy Corporation.
10 k statement can be find on this link
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000007332-15-000004.txt&FilePath
=20150226&CoName=SOUTHWESTERN+ENERGY+CO&FormType=10-
K&RcvdDate=2%2F26%2F2015&pdf=