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home / news releases / XEC - Southwestern Energy Scoops Up Private Haynesville Player Indigo

XEC - Southwestern Energy Scoops Up Private Haynesville Player Indigo

Cimarex Energy Co
  • SWN to pay $2.7 B (stock, cash, assumed debt) for big private Hayneville player Indigo.
  • Indigo brings strong margins and in 2022 improves debt, TEV/EBITDA, and free cash metrics.
  • Expect this deal to be one of the better received in the "gassy space" as it actually improves SWN and should make intuitive sense to investors.

For further details see:

Southwestern Energy Scoops Up Private Haynesville Player Indigo
Stock Information
Company Name: Cimarex Energy Co
Stock Symbol: XEC
Market: NYSE
Website: cimarex.com
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