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Swift Energy Co. Message Board

  • aruba270155 aruba270155 Feb 21, 2013 11:00 AM Flag

    to those who own SFY,

    listen to the CC when you have time. This co will succeed. Listen to the questions of the analysts. And the anwers. I will post again whenever I see meaningfull comments. Am loaded with SFY and am very confident that it is a safe investment and will give a very good ROI within the next year or two.

    Sentiment: Strong Buy

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    • I believe much of the selling today is in reaction to the 4 main lake washington field wells experiencing a water cut during the 4th qtr. Once these wells start taking on water, they decline pretty rapidly.

      Other strategic areas look to be doing well. But, the lake washington declines have them reducing their 2013 production outlook and making some additional cuts to 2013 capex. Growth in production volumes from current levels probably will not occur until 2014. I suspect many stockholders selling today are not willing to wait that long. However, if one has patience, the current pps may provide a good entry point if they can execute on their growth plan 2014 and beyond. (disclosure: I bought a little today... but will try and be patient and add in small increments in the upcoming months).

2.91-0.07(-2.35%)Apr 24 4:02 PMEDT