SFY
Posted: Tue Jan 29, 2013 4:20 pm
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.
I just went over my forecast model and posted an update under the Sweet 16 Tab.