Swift Energy Company is engaged in developing, exploring, acquiring, and operating oil and natural gas properties, with a focus on oil and natural gas reserves onshore and in the inland waters of Louisiana and Texas. The Company focuses its development and exploration of fields in four areas: Southeast Louisiana, South Texas, Central Louisiana/East Texas and South Louisiana. Southeast Louisiana includes Lake Washington field and Bay de Chene field. South Texas includes AWP field, Sun TSH field, Briscoe Ranch field, Las Tiendas field and Other South Texas field. Central Louisiana/East Texas includes Brookeland field, South Bearhead Creek field and Masters Creek field. South Louisiana includes Horseshoe Bayou/Bayou Sale fields, Jeanerette field, Cote Blanche Island field, Bayou Penchant field and High Island field. The Company also operates in the Four Corners area of southwest Colorado, and at December 31, 2009, it had 21,507 net acres leased in this area.
Financial Summary - Last Updated 08/09/10
BRIEF: For the six months ended 30 June 2010, Swift Energy Company's revenues increased 36% to $216.7M. Net income from cont. ops. totaled $26.8M vs. a loss of $61.2M. Revenues reflect an increase in income from oil & gas sales. Net income also reflects a decrease in lease operating cost, lower depreciation & amortization charges and the absence of write down of oil & gas properties. Company focuses its development & exploration in Southeast Louisiana
Previous Two SEC Filings
Fiscal Dt
Fiscal Year
Q
First Updated
06/30/10
2010
2
08/07/10
03/31/10
2010
1
05/15/10
Pricing Data
52 Week Change
+36.22%
52 Week Change Relative to SP500
+29.88%
52 Week High
$38.65
Last Close
$27.98
52 Week Low
$20.17
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