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Southwestern Energy Co. (SWN)

At 16:02 EST: 42.64 USD  Up 0.88 (2.11%)  
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Southwestern Energy Co.
2350 N Sam Houston Parkway East
Suite 125
Houston, TX 77032
Phone: 281-618-4700
Fax: 281-618-4818
Web Site: http://www.swn.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Basic Materials
Industry: Independent Oil & Gas
Employees (last reported count): 1,278

BUSINESS SUMMARY
Southwestern Energy Company, through its subsidiaries, engages in the exploration and production of natural gas principally in the Arkoma Basin, east Texas, the Permian Basin, and the onshore Gulf Coast. It operates through three segments: Exploration and Production, Midstream Services, and Natural Gas Distribution. Exploration and Production segment engages in the exploration, development, and production of natural gas and oil within the United States, with operations principally located in Arkansas, Oklahoma, Texas, and New Mexico. It primarily engages in conventional drilling in the Arkansas part of the Arkoma Basin and the drilling program for the Fayetteville Shale play; and development, drilling, and exploration in the Arkoma Basin, Texas, and New Mexico. The segment also has interests in properties in the Permian Basin of Texas, as well as operates drilling rigs in the Fayetteville Shale play and in east Texas. As of December 31, 2006, the company's estimated proved natural gas and oil reserves were approximately 1,026 Bcfe of gas. Midstream Services segment engages in the marketing of its own gas production, as well as third-party natural gas; and transportation of natural gas. Natural Gas Distribution segment engages in the distribution and transmission of natural gas serving approximately 151,000 retail customers. The company was founded in 1929 and is headquartered in Houston, Texas.
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    OFFICERS
      Pay Exercised
    Mr. Harold M. Korell , 63
    Chairman, Chief Exec. Officer and Pres
    $ 2.83M $ 11.16M
    Mr. Greg D. Kerley , 52
    Chief Financial Officer and Exec. VP
    $ 1.41M $ 10.73M
    Mr. Richard F. Lane , 50
    Exec. VP, Pres of Southwestern Energy Production Company and Pres of SEECO Inc
    $ 1.41M $ 4.94M
    Mr. Mark K. Boling , 50
    Exec. VP, Sec. and Gen. Counsel
    $ 870.00K $ 1.29M
    Mr. John D. Thaeler ,
    Sr. VP of SEECO, Inc.
    $ 733.00K $ 536.00K
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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