After a tough run-up to 2015, Dec. 31 sees companies slashing capex at jaw-dropping rates—while also planning a few buys here and there. Southwestern Energy Co. (NYSE: SWN) is hot on analysts’ minds after it spent more than $5 billion in the Marcellus and Utica and now plans to divest properties in Arkoma/East Texas and Northeast Pennsylvania midstream. The company is aiming for up to $800 million in noncore divestitures.
展开▼