Southwestern Energy Co (LTS:0A6J) Effective Interest Rate on Debt % : 3.40% (As of Mar. 2024)

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What is Southwestern Energy Co Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Southwestern Energy Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $140 Mil. Southwestern Energy Co's average total debt for the quarter that ended in Mar. 2024 was $4,120 Mil. Therefore, Southwestern Energy Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.40%.

Southwestern Energy Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Southwestern Energy Co's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Southwestern Energy Co Effective Interest Rate on Debt % Chart

Southwestern Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.42

2.91

3.06

3.62

3.28

Southwestern Energy Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.32	3.27	3.40	3.44	3.40

Competitive Comparison of Southwestern Energy Co's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Southwestern Energy Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Southwestern Energy Co's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Southwestern Energy Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Southwestern Energy Co's Effective Interest Rate on Debt % falls into.

Southwestern Energy Co Effective Interest Rate on Debt % Calculation

Southwestern Energy Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -142	/	( (4567	+	4098)	/ 2 )
=	-1 * -142	/	4332.5
=	3.28 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4525	+	42
=	4567

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4054	+	44
=	4098

Southwestern Energy Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -140	/	( (4098	+	4141)	/ 2 )
=	-1 * -140	/	4119.5
=	3.40 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4054	+	44
=	4098

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3709	+	432
=	4141

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Southwestern Energy Co (LTS:0A6J) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Southwestern Energy Co Effective Interest Rate on Debt % Related Terms

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Southwestern Energy Co (LTS:0A6J) Business Description

Industry

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Traded in Other Exchanges

SWN:USA SWN:Mexico SW5:Germany

Address

10000 Energy Drive, Spring, TX, USA, 77389

Website

https://www.swn.com

Southwestern Energy Co is a us-based independent energy company. It is engaged in exploration, development and production activities, including related natural gas gathering and marketing. The company principally carries its business activities in the United States. The operating segments of the company are the Exploration and Production and Marketing segment. Its Exploration and Production segment is the key revenue driver for the company which includes the revenue derived from the production and sale of natural gas and liquids. The Marketing segment generates revenue through the marketing of both the company and third-party produced natural gas and liquids volumes and through gathering fees associated with the transportation of natural gas to market.

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