This process is automatic. Please see the Appendix for definitions of the non-GAAP financial measures that are based on reconcilable historical information. TheLayoff.com is live since January 31, 2009! … Daily Job Cuts / Layoffs - Your source for daily economy updates on recent Job Layoffs 2020 / 2019 , Job Losses, Layoff News, Store Closings 2020, Bankruptcy, Business and Economic News We appreciate all of the great work by Montage employees in forming a very attractive business that will continue to build upon the success of Southwestern Energy.”. TheLayoff.com is live since January 31, 2009! News, personal experiences, rumors and speculations about layoffs at your company. INVESTORS AND SECURITY HOLDERS OF THE COMPANY AND MONTAGE ARE URGED TO READ THE REGISTRATION STATEMENT, THE PROXY STATEMENT/PROSPECTUS, INCLUDING ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, AND ANY OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, MONTAGE, THE PROPOSED TRANSACTION AND RELATED MATTERS. Southwestern Energy Co.'s (SWN) CEO William Way on Q2 2020 Results - Earnings Call Transcript SA Transcripts Fri, Jul. When Southwestern Energy Co. acquires Montage Resources Corp. later this year, the combined company will likely be the third-largest natural gas … Net debt / Adjusted EBITDA, as defined above, may not be comparable to similarly titled measures of other companies. Certain statements and information in this news release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These items are inherently uncertain and depend on various factors, many of which are beyond its control. Explanation of Non-GAAP Financial Measures. These documents may also be obtained free of charge from Montage by requesting them by mail at Investor Relations, 122 W. John Carpenter Fwy, Suite 300, Irving, TX 75039, or by telephone at (469) 444-1736. A definitive proxy statement/prospectus will be sent to Montage’s stockholders when it becomes available. A free inside look at company reviews and salaries posted anonymously by employees. Career Technology Center of Lackawanna County going virtual, Faith-based COVID-19 testing occurring in Pennsylvania, Geisinger hospitals increase visitation restrictions for patients, Berwick girls seek district soccer title, return trip to state tournament, Scranton Beats Hanover Area, Williamsport Defeats Dallas, Saturday, 2020 FRIDAY NIGHT SPORTS SHOW – Week 7 (10/23), Jim Thorpe ready to take new turf field for the first time this season, New Head Coach has Players “Buying In” at Hazleton Area, Barrett confirmed as Supreme Court justice in partisan vote, Jury finds Wyoming County man guilty of 2018 homicide, Residents displaced by fire recount their experiences, TSA stops Tennessee woman from bringing handgun with bullets on plane, Luzerne County polling location changes ahead of general election, Jury deliberating murder trial of Phillip Walters, Lackawanna County Prison in lockdown after COVID-19 case reported, US Marshalls recover 45 missing children during anti-human trafficking operation, Full Speech: President Trump speaks at rally in Northampton County, North Scranton Expressway under construction from Oct 26-29, Fire that killed one, displaced 100 ruled accidental, Police continue investigation into Williamsport delivery driver shooting, Five local counties now have ‘substantial spread’ of coronavirus, schools recommended to go virtual, 5-month-old child bitten in the head by Williamsport resident’s dog, Former Army Rangers walk 170 miles for Wounded Warrior Project, Political experts weigh-in on campaigns last-minute trips to Pennsylvania, COVID-19 hospitalizations rise; 24 long-term-care facilities report their first cases, Joe Biden campaigns in Chester County on Monday, Pennsylvania Department of Health launches COVID-19 testing sites in faith-based communities, President Trump to hold rally in Lancaster County Monday. Als u deze melding blijft zien, e-mail ons: This transaction is the next step in our strategic repositioning of the company and solidifies our position as a premier Appalachia operator. Non-GAAP financial measures the Company may present from time to time are net debt, net cash flow, free cash flow and adjusted EBITDA, which excludes certain charges or amounts. View source version on businesswire.com: I searched and searched for any type of news. This material may not be published, broadcast, rewritten, or redistributed. Posted: Jan 21, 2016 / 04:34 PM CST / Updated: Jan 22, 2016 / 04:59 AM CST. Simply put, it’s the way we go about our business. All Rights Reserved, Southwestern Energy Announces Agreement to Acquire Montage Resources, https://www.businesswire.com/news/home/20200812005369/en/, Forward Looking This has led to a need to reduce the company’s overall workforce. In the short-term, he’s worried that other natural gas companies may also need to cut back as well. We report our financial results in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Net debt / Adjusted EBITDA should not be considered in isolation or as a substitute for net income, net cash provided by operating activities or other income or cash flow data prepared in accordance with generally accepted accounting principles or as a measure of the Company’s profitability or liquidity. Company officials say because of dropping natural gas prices they have less money coming in and they need to cut workers to remain competitive. It’s a big hit!” Warenzak said. Additional Information and Where To Find It. “It affects everybody. Southwestern Energy has consistently and methodically taken steps to enhance its resilience over the last few years, and this transaction solidifies that path and delivers on the commitment to responsibly manage the balance sheet and return to free cash flow.”, John Reinhart, President and CEO of Montage Resources, commented, “This transaction creates a compelling opportunity for both Southwestern Energy and Montage Resources shareholders to benefit from the strength of the consolidated company. This transaction delivers on the key strategic objectives that Southwestern Energy has been targeting: Certain key metrics of the new combined enterprise are shown below. Information about the Company’s directors and executive officers is available in the Company’s Annual Report on Form 10-K for the fiscal year ended 2019 filed with the SEC on February 27, 2020 and its definitive proxy statement for the 2020 annual meeting of shareholders filed with the SEC on April 9, 2020. by: Staff. überprüfen, ob Sie ein Mensch und kein Bot sind. News, personal experiences, rumors and speculations about layoffs at your company. Nous avons reçu des activités suspectes venant de quelqu’un utilisant votre réseau internet. There will be no in-person instruction for students until further notice. The documents filed by Montage with the SEC may be obtained free of charge at Montage’s website at www.montageresources.com or at the SEC’s website at www.sec.gov. Real time Southwestern Energy (SWN) stock price quote, stock graph, news & analysis. EYEWITNESS NEWS (WBRE/WYOU) — The state Department of Health is teaming up with faith-based organizations to help fight the increasing trend of COVID-19 infections. In connection with the proposed acquisition by the Company of Montage (the “Proposed Transaction”), the Company will file with the SEC a registration statement on Form S-4 to register the shares of the Company’s common stock to be issued in connection with the Proposed Transaction. Factors that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements herein include, but are not limited to: the timing and extent of changes in market conditions and prices for natural gas, oil and natural gas liquids (“NGLs”), including regional basis differentials and the impact of reduced demand for our production and products in which our production is a component due to governmental and societal actions taken in response to the COVID-19 pandemic; our ability to fund our planned capital investments; a change in our credit rating, an increase in interest rates and any adverse impacts from the discontinuation of the London Interbank Offered Rate; the extent to which lower commodity prices impact our ability to service or refinance our existing debt; the impact of volatility in the financial markets or other global economic factors, including the impact of COVID-19; difficulties in appropriately allocating capital and resources among our strategic opportunities; the timing and extent of our success in discovering, developing, producing and estimating reserves; our ability to maintain leases that may expire if production is not established or profitably maintained; our ability to realize the expected benefits from recent acquisitions and the Proposed Transaction (defined below) between the Company and Montage Resources Corporation ("Montage"); our ability to enter into an amendment to our credit agreement to permit the assumption of the senior notes of Montage in the merger; the consummation of or failure to consummate the Proposed Transaction and the timing thereof; costs in connection with the Proposed Transaction; integration of operations and results subsequent to the Proposed Transaction; our ability to transport our production to the most favorable markets or at all; the impact of government regulation, including changes in law, the ability to obtain and maintain permits, any increase in severance or similar taxes, and legislation or regulation relating to hydraulic fracturing, climate and over-the-counter derivatives; the impact of the adverse outcome of any material litigation against us or judicial decisions that affect us or our industry generally; the effects of weather; increased competition; the financial impact of accounting regulations and critical accounting policies; the comparative cost of alternative fuels; credit risk relating to the risk of loss as a result of non-performance by our counterparties; and any other factors listed in the reports we have filed and may file with the SEC that are incorporated by reference herein. These cautionary statements qualify all forward-looking statements attributable to us, or persons acting on our behalf. LEMON TOWNSHIP, WYOMING COUNTY (WBRE/WYOU) – While many people are enjoying lower natural gas prices this winter, there are some drawbacks. Uw bijdrage zal spoedig te zien zijn. In Texas, the state was notified that cuts will affect a total of 275 employees at two locations. A live webcast will also be available at ir.swn.com. Management presents these measures because (i) they are consistent with the manner in which the Company’s position and performance are measured relative to the position and performance of its peers, (ii) these measures are more comparable to earnings estimates provided by securities analysts, and (iii) charges or amounts excluded cannot be reasonably estimated and guidance provided by the Company excludes information regarding these types of items. Concurrently, Southwestern also commenced a registered underwritten public offering of 55,000,000 shares of its common stock, with the proceeds expected to be used to retire a portion of Montage Resources’ 8.875% Senior Notes due 2023. The documents filed by the Company with the SEC may be obtained free of charge at the Company’s website at www.swn.com or at the SEC’s website at www.sec.gov. The words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” “attempt,” “appears,” “forecast,” “outlook,” “estimate,” “project,” “potential,” “may,” “will,” “are likely” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature.