Southwestern Energy Investor Presentation
Largest Dual Basin Natural Gas Producer
Appalachia
Net Acres: 734,000(1)
80% 20%
Gas Liquids
2023E Net Production: ~2.8 Bcfe/day(2)
Haynesville
100%
Net Acres: 286,000
Gas
2023E Net Production: ~1.8 Bcfe/day(2)
swn
Southwestern Energy®
Natural Gas Peer 2023E Net Production (Bcfe/d)(3,4)
5.3
✓ Companies with multi-basin assets
4.6
3.8
3.6
3.4
2.1
1.5
1.5
1.0
Peer 1 SWN Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8
Current LNG Sales (Bcf/d) (4,5)
1.5
1.0
0.4
0.4
0.3
0.3
SWN Peer 4 Peer 5 Peer 2 Peer 3 Peer 7 Peer 1 Peer 6 Peer 8
Well positioned to convert differentiated scale and market access into
long-term shareholder value
1) Pro forma for Pennsylvania Utica asset sale in June 2023.
2) Based on midpoint of guidance.
3) Based on midpoint of company provided guidance and most recent SEC filings.
4) Peers include AR, CHK, CNX, CRK, CTRA, EQT, GPOR and RRC.
5) Based on publicly available materials and SWN estimates.
6View entire presentation