Q1 2006 Southwestern Energy Earnings Conference Call - Research and Markets Offers a Brief of 'Southwestern Energy' Conference Call.DUBLIN, Ireland -- The Southwestern Energy (NYSE NYSE See: New York Stock Exchange :SWN SWN Southwestern Energy Company SWN Statewide Wireless Network SWN Seattle Wireless Network SWN Sure Why Not SWN Stop Work Notice SWN Stochastic Well-formed Network SWN Static Wireless Network SWN Secure Wireless Network ) Corporate Conference Call took place on 2-May-06 10:00am ET. SWNs earnings were up 79% to $58.4m or $0.34 a share vs. $32.6m or $0.22 a share for 1Q05. Net cash provided by operating activities before changes in operating assets Operating Assets Another term for working capital. and liabilities was $125.4m during 1Q06, up 70% from $73.6m in 1Q05. In 1Q06, SWN has entered into a sales agreement with Atlas Atlas, in Greek mythology Atlas (ăt`ləs), in Greek mythology, a Titan; son of Iapetus and Clymene and the brother of Prometheus. Pipeline Partners LP to sell its 25% minority interest in the NOARK Partnership for $69m. More information on this Conference Call can be obtained from Research and Markets at http://www.researchandmarkets.com/transcripts/86809 This document provides a non-biased summary of the conference call detailing the key points and the full Q&A session. |
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