| Swift Energy Company 2009 Annual Report: 30 Years of Seizing Opportunities
Common Stock, 2008 and 2009
Our
common stock is traded on the New York Stock Exchange under the symbol “SFY.”
The high and low quarterly closing sales prices for the common stock for 2008
and 2009 were as follows:
|
2008 |
|
2009 |
|
|
|
|
|
First |
Second |
Third |
Fourth |
|
First |
Second |
Third |
Fourth |
|
Quarter |
Quarter |
Quarter |
Quarter |
|
Quarter |
Quarter |
Quarter |
Quarter |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Low |
$39.64 |
$44.80 |
$36.83 |
$15.30 |
|
$4.95 |
$7.46 |
$13.09 |
$20.88 |
| High |
$49.98 |
$66.06 |
$67.03 |
$37.83 |
|
$21.23 |
$19.38 |
$25.61 |
$25.43 |
|
|
|
|
|
|
|
|
|
|
Since inception, no cash dividends have been declared on our common stock. Cash dividends are restricted under the terms of our credit agreements, as discussed in
Note 4 to the consolidated financial statements, and we presently intend to continue a policy of using retained earnings for expansion of our business.
We had approximately 193 stockholders of record as of December 31, 2009.
NYSE LISTING STANDARDS
During 2009, our Chief Executive Officer certified to the New York Stock Exchange (NYSE) that he is not aware of any violation by the Company of the NYSE’s corporate governance listing standards. The certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 for the year ended December 31, 2009, by our Chief Executive Officer and Chief Financial Officer were included as exhibits to Swift Energy Company’s Annual Report on Form 10-K for the year ended December 31, 2009, which was filed with the Securities and Exchange Commission.
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