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Swift Energy Co. Message Board

  • stockeropinion stockeropinion Feb 14, 2013 1:40 PM Flag

    4 Reason Why to Buy SFY

    Note : I would like to also add that there has been some recent Insider Buyer, and we are getting closer to earnings then when this article was written 12/31/2013...Anyone Disagree with this article especially now a month and half later?

    Swift Energy Company (SFY) develops and produces oil and natural gas from its properties in Texas, as well as onshore and in the inland waters of Louisiana. It has approximately 160mm barrels of oil equivalent on the books.

    Underperformance against S&P over past 13 weeks - 25.87%

    Key reason to be optimistic - After falling for months, consensus earnings estimates for both FY2012 and FY2013 have stabilized over the last month. In addition, revenue is projected to rise 20% in FY2013 after declining some 7% in FY2012.

    4 reasons SFY is a bargain at $15 a share:

    1. The twelve analysts that cover the stock have a median price target of $27.50 a share, some 80% above the current stock price.
    2. The stock is cheap at 64% of book value and its market capitalization is just two times its operating cash flow.
    3. SFY sells at less than 11x forward earnings, a discount to its five year average (18.9).
    4. The stock is selling at the bottom of its five year valuation range based on P/S, P/CF and P/B. The stock also looks like it has established some medium term technical support at these levels

    From Seeking Alpha Article 12/31/2013(Bret Jenson)

    Sentiment: Strong Buy

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