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Stock Market & Financial Investment News

News Breaks
February 21, 2013
06:03 EDTSFYSwift Energy sees FY13 CapEx $440M-$80M
For 2013, Swift Energy is targeting production up to 3% over 2012 levels and proved reserves to increase 7% to 12%, over year-end 2012 quantities with a focus on oil and liquid rich opportunities.
News For SFY From The Last 14 Days
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February 26, 2015
10:26 EDTSFYSwift Energy says will take steps if commodity prices continue to languish
Says headcount down 25% since early 2014, which equates to $15M-$20M in annual savings. Says will take additional steps if commodity prices continue to languish. Says current commodity backdrop gives company opportunity to become more efficient in operations. Says if commodity costs continue to languish for extended period of time, says will most likely see further cost reductions. Comments made on the Q4 earnings conference call. Swift Energy is up nearly 12% in morning trading to $3.18.
06:07 EDTSFYSwift Energy: Majority of 2015 capital to be deployed in Eagle Ford
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06:07 EDTSFYSwift Energy targets FY15 production levels of 11.4-11.6 MMBoe
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06:06 EDTSFYSwift Energy targets Q1 production of 2.92-2.97 MMBoe
The company is targeting first quarter production levels of 2.92 to 2.97 MMBoe, including 11.1 to 11.2 Bcf of natural gas production, 0.65 to 0.67 MMBbl of crude oil production, and 0.42 to 0.44 MMBbl of natural gas liquids production. This level of production is based on $30M-$35M in capital expenditures for the quarter.
06:06 EDTSFYSwift Energy reports Q4 production of 3 MMBoe
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06:06 EDTSFYSwift Energy reports Q4 EPS (25c), consensus (28c)
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