*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 845467109 13G Page 2 of 2 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SANFORD C. BERNSTEIN & CO., INC.
767 FIFTH AVENUE
NEW YORK NY 10153
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) / /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
5 SOLE VOTING POWER
1,275,600
NUMBER OF SHARES
6 SHARED VOTING POWER*
BENEFICIALLY
29,600
OWNED BY EACH
7 SOLE DISPOSITIVE POWER
REPORTING PERSON
1,504,900
WITH
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,504,900
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES / /
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.1%
12 TYPE OF REPORTING PERSON
IA/BD
* Sanford C. Bernstein & Co., Inc. clients who have appointed an independent
voting agent with instructions to vote shares in the same manner as Sanford C.
Bernstein & Co., Inc.
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Item 1(a): Southwestern Energy Co.
Item 1(b): 1083 Sain St. P.O. Box 1408 Fayetteville AR 72702-1408
Item 2(a): Sanford C. Bernstein & Co., Inc.
Item 2(b): 767 Fifth Avenue New York NY 10153
Item 2(c): New York
Item 2(d): Common
Item 2(e): 845467109
Item 3: Investment Advisor/Broker Dealer
Item 4(a): 1,504,900
Item 4(b): 6.1%
Item 4(c)(i): 1,275,600
Item 4(c)(ii):* 29,600
Item 4(c)(iii): 1,504,900
Item 4(c)(iv): 0
Item 5: Not Applicable
Item 6: The security referred to in this schedule is held for the
accounts of discretionary clients. These clients have the right
to receive dividends from and the proceeds of the sale of such
security.
Item 7: Not Applicable
Item 8: Not Applicable
Item 9: Not Applicable
Item 10: By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or influencing
the control of the issuer of such securities and were not
acquired in connection with or as a participant in any
transaction having such purpose or effect.
* Sanford C. Bernstein & Co., Inc. clients who have appointed an independent voting agent with instructions to vote shares in the same manner as Sanford C. Bernstein & Co., Inc.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
2/4/98
Date
/s/ Michael Borgia Signature Michael Borgia, Senior Vice President Name/Title |