SFY

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dan_s
Posts: 37318
Joined: Fri Apr 23, 2010 8:22 am

SFY

Post by dan_s »

Swift Energy (SFY) has been in the dog house for awhile but I think First Call's price target of $26 is reasonable. 3rd quarter production dipped due to hurricane Isaac related shut-ins. That production is back on-line and they have a lot of upside in the Eagle Ford. I am expecting them to report about a 20% increase in proven reserves.

I just went over my forecast model and posted an update under the Sweet 16 Tab.
Dan Steffens
Energy Prospectus Group
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