Southwestern Energy (SWN +3.4%) trades higher after posting a better than expected Q3, as profit...

|About: Southwestern Energy Co. (SWN)|By:, SA News Editor

Southwestern Energy (SWN +3.4%) trades higher after posting a better than expected Q3, as profit rose 9% Y/Y on increased production in its Fayetteville and Marcellus shale operations. The company raises production guidance for FY11, now expecting gas output in the range of 496 Bcfe - 500 Bcfe.