Swift Energy (SFY)
Swift Energy (SFY)
Swift reported today and beat estimates in EPS and in Reveue. It's getting hammered--down over 5%. What went wrong?
Re: Swift Energy (SFY)
Wells Fargo Securities analysts wrote in a note that they were "neutral" to "negative" on Swift Energy (SFY:$33.21,00$-0.94,00-2.75%) , partly because of its "gassier mix" in its production outlook.
sfy has a chart that looks similar to gpor, except gpor ended day in red. sfy was trying to get there. i didn't understand gpor opening lower either. volume picked up in last hour on gpor.
sfy has a chart that looks similar to gpor, except gpor ended day in red. sfy was trying to get there. i didn't understand gpor opening lower either. volume picked up in last hour on gpor.
Re: Swift Energy (SFY)
Sometime they just sell on the news for no reason. Hedge funds taking profits and moving to something else. Often hard to explain the day-to-day moves. This one is on our Watch List and we will update the profile when we get all of the Sweet 16 updated.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group