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|
Swift Energy Company 2001 Annual Report
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2001 |
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2000
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|
Percent
Change
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|
|
|
|
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| Revenues
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|
$183,807,490
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|
$191,624,946
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(4)%
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| Oil and Gas Sales
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$181,184,635
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$189,138,947
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(4)%
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| Costs & Expenses
(excluding write-down of oil & gas properties)
|
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$119,137,576
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$98,545,600
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21%
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| Write-down of Oil and Gas
Properties
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$98,862,247
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|
---
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---
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| Net Income
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$(22,347,765)
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|
$59,184,008
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(138)%
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| Earnings per Share--Basic
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$(0.90)
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$2.79
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(132)%
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| Earnings per Share--Diluted
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$(0.90)
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$2.51
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(136)%
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| Total Assets
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$671,684,833
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$572,387,001
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17%
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| Working Capital
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$(36,492,355)
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$(22,451,892)
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(63)%
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| Current Ratio
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|
.50
|
|
.65
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(23)%
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| Long-Term Debt
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$258,197,128
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$134,729,485
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92%
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| Stockholders' Equity
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$312,652,720
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$332,154,155
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(6)%
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| Long-Term
Debt to Equity Ratio
|
|
.83
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|
.41
|
|
102%
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| Return
on Assets (net income / average assets)
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|
(4)%
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|
12%
|
|
(133)%
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| Return
on Stockholders’ Equity (net income / average equity)
|
|
(7)%
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|
24%
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|
(129)%
|
|
|
|
|
|
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| Net Cash Provided by Operating Activities
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$139,884,255
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$128,197,227
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9%
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|
|
|
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| Weighted Average Shares Outstanding
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24,732,099
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21,244,684
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16%
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| Year-End Shares Outstanding
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24,795,564
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24,608,344
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1%
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| Market Price of Common Stock at Year-End
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$20.20
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|
$37.63
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(46)%
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| Number of Shareholders of Record
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|
383
|
|
477
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(20)%
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| Number of Shareholders in Street Name
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|
7,690
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5,616
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37%
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|
|
|
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| Natural Gas Production (Mcf)
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26,458,958
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27,524,621
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(4)%
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| Oil, NGL, & Condensate Production (Bbls)
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3,055,373
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2,472,014
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24%
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| Total Production (Mcfe)
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44,791,202
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42,356,705
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6%
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| Average Natural Gas Prices Received ($/Mcf)
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$4.23
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$4.24
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|
---
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| Average Oil, NGL, & Condensate Prices Received ($/Bbl)
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|
$22.64
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|
$29.35
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(23)%
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| Average Composite Prices Received ($/Mcfe)
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$4.05
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$4.47
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(9)%
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|
|
|
|
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| Proved Natural Gas Reserves (Mcf)
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|
324,912,125
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|
418,613,976
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(22)%
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| Proved Oil, NGL, & Condensate Reserves (Bbls)
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53,482,636
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|
35,133,596
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52%
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| Total Proved Reserves (Mcfe)
|
|
645,807,939
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|
629,415,552
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3%
|
|
|
|
|
|
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| Number of Employees
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209
|
|
181
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15%
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® are registered service marks of