There are newer employer reviews for Southwestern Energy

 

Great

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

I worked at Southwestern Energy

Pros

Great environment in which to work!

Cons

The work force was not as diverse as I hoped.

Advice to ManagementAdvice

Keep up the good work!

Recommends

43 Other Employee Reviews for Southwestern Energy (View Most Recent)

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  1. 2 people found this helpful  

    Headed in the Wrong Direction

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Supervisor  in  Houston, TX
    Former Employee - Supervisor in Houston, TX

    I worked at Southwestern Energy full-time for more than 3 years

    Pros

    9/80 Work Schedule
    New Building in 2015
    Rotational accountant program for new hires

    Cons

    Inconsistent with their Own Philosophy
    Weak Finance and Accounting Departments
    Unbalanced Advancement Opportunities

    Advice to ManagementAdvice

    The company motto includes "the right people doing the right things." I feel like in 2010 when I joined the company, it was following that mantra. Over the past four years, all I have seen is a shuffling of people to positions/areas they know nothing about instead of promoting from within the experts in that area.

    In oil and gas accounting, revenue and regulatory in particular, you need experts in those areas handling them. And, you need to keep those people happy and give them the ability and tools to do their jobs. This includes bonuses and promotions in line with their experience and contribution. In particular, the last year, an Internal Audit manager was put over Revenue, not once, but now twice. AP people were transferred to Regulatory. And Revenue people with tons of knowledge and experience are not being promoted. Former big four employees are moving up the ladder faster than those with years of company and industry experience. This is an industry where company knowledge and experience make a world of difference.

    As the company continues to grow, my advice to management would be to fill each department manager role with someone that is an expert in that area. And allow them to build their team of experienced people. Otherwise, you are going to pay heavily down the road when you get audited. Holes in finance and accounting are often not apparent in the now, but more so later.

    In my opinion, the accounting department should have been left in Fayetteville. You had an experienced group who knew their jobs well. Moving to Houston, you lost a lot of valuable people and experience. Those you did bring with you were not valued and almost all have now left SWN. The heart of the company is gone and the leadership seem to be rewarding their favorites instead of doing what is best for the company and employees.

    The turnover in Accounting and Finance has been enormous the past few years, and that show continued lack of leadership in those areas and bad decision-making in appointing management. I foresee unfavorable lawsuits and audits in the future for SWN, and would discourage anyone from joining the Finance and Accounting departments because of that.

    SWN doesn't want to believe it, but their bonuses and salaries are below industry comparable. They keep comparing to old data, but the best candidates are taking better opportunities.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2.  

    Excellent employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Houston, TX
    Current Employee - Anonymous Employee in Houston, TX

    I have been working at Southwestern Energy full-time for more than 5 years

    Pros

    Compensation; 980; new facilities; comfort that you work for a company that actually cares about affected communities; great people; best in the business with vertical integration;

    Cons

    Have yet to find success in New Ventures; they've taken very large risks and it hasn't resulted in a return as yet. Since they have few major assets, it's not a place to "see everything under the sun" in oil & gas. It's domestic. It's onshore. It's unconventional. It's highly integrated. That's what it is, so don't complain when it isn't pursuing opportunities that don't fit with the strategy.

    Advice to ManagementAdvice

    Try to hit some singles and doubles in New Ventures. You're about to generate so much positive cash flow out of Fayetteville and Marcellus that you won't have anywhere to go with it - in which case, you'll be looking at buying production or buying out another company (two very expensive options relative to organic ideas generated from New Ventures).

    Recommends
    Neutral Outlook
    Approves of CEO
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