On May 1, 2009, Southwestern Energy Company (the "Company") made a presentation available to investors on the Company's website, http://www.swn.com. The presentation included updated financial information, operating information relating to the Fayetteville Shale play, and updated guidance for the 2009 fiscal year regarding the Company's projected adjusted net income, adjusted diluted earnings per share, net cash provided by operating activities before changes in operating assets and liabilities ("Net Cash Flow") and earnings before interest, taxes, depreciation, depletion and amortization ("EBITDA"). Adjusted net income, adjusted diluted earnings per share, Net Cash Flow and EBITDA are non-GAAP measures that are reconciled on pages 27 through 29 of the presentation. A copy of the presentation is furnished herewith as Exhibit 99.1 .

All statements in the presentation, other than historical financial information, may be deemed to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Exhibits. The following exhibit is being furnished as part of this Report.

Exhibit
Number                                 Description

  99.1       Transcript of slideshow accompanying the May 2009 presentation.