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Last $2.15 USD
Change Today -0.15 / -6.52%
Volume 898.7K
SFY On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

swift energy co (SFY) Snapshot

Open
$2.25
Previous Close
$2.30
Day High
$2.29
Day Low
$2.13
52 Week High
06/30/14 - $13.12
52 Week Low
03/17/15 - $1.97
Market Cap
95.7M
Average Volume 10 Days
1.3M
EPS TTM
$-0.84
Shares Outstanding
44.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SWIFT ENERGY CO (SFY)

swift energy co (SFY) Related Businessweek News

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swift energy co (SFY) Details

Swift Energy Company, an independent oil and gas company, acquires, explores, develops, and operates oil and gas properties. The company focuses on the Eagle Ford trend of South Texas, as well as the onshore and inland waters of Louisiana. As of December 31, 2014, it had estimated proved reserves of 193.8 million barrels of oil equivalent. Swift Energy Company was founded in 1979 and is headquartered in Houston, Texas.

294 Employees
Last Reported Date: 03/2/15
Founded in 1979

swift energy co (SFY) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $685.5K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $462.1K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $461.5K
Senior Vice President of Resource Development...
Total Annual Compensation: $342.0K
Compensation as of Fiscal Year 2014.

swift energy co (SFY) Key Developments

Swift Energy Company Reports Unaudited Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2015; Provides Capital Expenditures and Production Guidance for the Second Quarter and Full Year of 2015

Swift Energy Company reported unaudited consolidated earnings and operating results for the first quarter ended March 31, 2015. The GAAP net loss for the first quarter 2015 was $477.1 million, or $10.79 per diluted share. This compares to GAAP net income of $5.4 million, or $0.12 per diluted share earned in the same quarter in 2014. Total revenues were $68.377 million against $144.180 million a year ago. EBITDA (non GAAP measure) was $26.292 million against $94.193 million a year ago. Net cash used in operating activities was $0.770 million against net cash generated from operating activities of $69.699 million a year ago. Adjusted net loss before write-down of oil and gas properties was $36.544 million against $10.863 million a year ago. Loss before income taxes was $556.568 million against income of $11.707 million a year ago. Additions to property and equipment were $49.173 million against $105.589 million a year ago. Total Capital Expenditures was $24.685 million. Adjusted net loss was $36.5 million or $0.83 per diluted share. Swift Energy produced 3.06 million barrels of oil equivalent (MMBoe) during the first quarter of 2015, a 4% increase over first quarter 2014 production of 2.94 MMBoe, and up 2% compared to fourth quarter 2014 production of 3.00 MMBoe. The company is targeting second quarter production levels of 2.75 to 2.80 MMBoe, including 10.8 to 10.9 Bcf of natural gas production, 0.60 to 0.62 MMBbl of crude oil production, and 0.35 to 0.37 MMBbl of natural gas liquids production. This level of production is based on $35-$40 million in capital expenditures for the quarter. For second quarter, the company expects effective tax rate between 0% to 5%. For the full year 2015, the company maintained its guided production range of 11.4 to 11.6 MMBoe and planned full-year capital expenditures of $110-$125 million with a continued focus on drilling activity in the dry gas Fasken area as well as in the AWP gas and condensate areas. A portion of the capital expenditure program is discretionary and can be further deferred if necessary. For full year of 2015, the company expects total capital expenditure between $110,000-$125,000 and effective tax rate between 3% to 8%. Swift Energy currently plans to balance its reduced 2015 capital expenditures with its operating cash flow, potential line of credit borrowings, and proceeds from asset dispositions and/or joint ventures.

Swift Energy Co. Presents at UBS 2015 Global Oil & Gas Conference, May-21-2015 11:55 AM

Swift Energy Co. Presents at UBS 2015 Global Oil & Gas Conference, May-21-2015 11:55 AM. Venue: Four Seasons Downtown, 98 San Jacinto Blvd, Austin, Texas, United States. Speakers: Doug Atkinson, Investor Relations Manager.

Swift Energy Reaffirms Capital Expenditure and Production Guidance for Fiscal 2015

Swift Energy reaffirmed capital expenditure and production guidance for fiscal 2015. The company said it now sees CapEx of $110 million to $125 million for the full year 2015. The projected CapEx levels are expected to yield 11.4 - 11.6 MMBoe.

 

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Price/Earnings NM Not Meaningful
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Price/Book 0.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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