Southwestern Energy Floats 20M New Shares of Stock

As we’ve previously noted, Southwestern Energy has been on a tear, snapping up Marcellus and Utica Shale acreage (see Southwestern Energy on a Tear – Doubles Marcellus Budget for 2015). All of that new acreage and plans to drill means the company needs more money. Today, Southwestern announced they will float an additional 20 million shares of stock in an effort to raise more cashola to drill baby drill…

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