|
|
|
|
1998 FIRST QUARTER REPORT
Consolidated Statements of Income
(Unaudited)
(In Thousands Except Income Per Share)
|
Three Months Ended March 31, |
|
|
|
1998 |
1997 |
| Revenues: |
|
|
| Oil and gas sales |
$ 15,802 |
$ 18,370 |
| Fees from limited partnerships
and joint ventures |
80 |
99 |
| Supervision fees |
1,286 |
1,248 |
| Interest income |
19 |
999 |
| Other, net |
575 |
530 |
|
------------- |
------------- |
|
17,762 |
21,246 |
|
------------- |
------------- |
| Costs and Expenses: |
|
|
| Oil and gas production |
3,163 |
2,763 |
| General and administrative, net |
1,643 |
1,575 |
| Depreciation, depletion, and
amortization |
6,735 |
5,397 |
| Interest expense, net |
1,385 |
1,350 |
|
------------- |
------------- |
|
12,926 |
11,085 |
|
------------- |
------------- |
| Income Before Income Taxes |
4,836 |
10,161 |
| Provision for Income Taxes |
1,606 |
3,392 |
|
------------- |
------------- |
| Net Income |
3,230 |
6,769 |
|
------------- |
------------- |
| Per Share Amounts-- |
| Basic |
$ 0.20 |
$ 0.41 |
|
------------- |
------------- |
| Diluted |
$ 0.20 |
$ 0.37 |
|
------------- |
------------- |
| Weighted Average Shares Outstanding |
16,500 |
16,703 |
|
------------- |
------------- |
This page was last updated on Saturday, February 08, 2003, at 07:45:48 PM.
Copyright © 1994-2008 by Swift Energy Company.
Click here to go to our home page or search
page.
Please note the terms of use for
the Swift Energy web site.
If you have comments or questions, see our feedback or
requests pages.
Contact Swift Energy Company Stockholder Relations through e-mail info@swiftenergy.com
or telephone (281) 874-2700.
|
