1. Swift earned $1.61 in quarter 1 and indicated for every $1 move in natural gas they would earn an additional $1 in EPS and for every $1 move in crude they would earn an additional $.15 per sharee for the year.
For quarter 1 the average price for natural gas was $7.97 which shoud increase to $10.97 in quarter 2 adding $.75 to the quarter bottom line.
For quarter 1 they averaged $99.43 for oil and should average $115 in quarter 2 which should add $.54 to the bottom line in quarter 2.
Even without taking into account the projected production increase SFY should earn $1.29 more then in Q1 increasing earnings to $2.89 for quarter 2.
This stock has nowhere to go but up and soon or it will be bought out by an energy trust company
Even at $100 oil and $8 gas SFY would earn over $1.60 a quarter or $6.4o a year