SFY
Posted: Thu Aug 15, 2013 8:51 pm
Swift Energy (SFY): An updated profile has been posted under the Watch List Tab.
I still think the Wall Street gang thinks of Swift as a gasser. They are now focused on the Eagle Ford and liquids production is going to ramp up into year-end and should keep going up.
They are going to sell their Central Louisiana area, which will shore up the balance sheet and allow them to bring on another Eagle Ford rig.
Accumulate on the dips and you should be rewarded, especially if oil prices hold up.
I still think the Wall Street gang thinks of Swift as a gasser. They are now focused on the Eagle Ford and liquids production is going to ramp up into year-end and should keep going up.
They are going to sell their Central Louisiana area, which will shore up the balance sheet and allow them to bring on another Eagle Ford rig.
Accumulate on the dips and you should be rewarded, especially if oil prices hold up.