FORM 10-K FOR FISCAL YEAR ENDED DECEMBER 31, 1995

Item 5. Market for the Registrant's Common Equity

and Related Stockholder Matters 

 

Common Stock, 1995 and 1994

 

Swift Energy Company common stock is traded on the New York Stock Exchange and the Pacific Stock Exchange under the symbol "SFY." The high and low quarterly sales prices for the common stock for 1995 and 1994 are as follows:

1995 1994
First Second Third Fourth First Second Third Fourth
Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter
Low 8              8 1/2         8 1/4        7 3/4        8 1/2        9              9 1/4        9 1/2       
High 9 7/8        10 1/8         9 5/8        12 5/8        11 1/4        10 1/8        10 1/2        11 3/8       

 

Since inception, no cash dividends have been declared on the Company's common stock. Cash dividends are restricted under the terms of the Company's credit agreements, as discussed in Note 4 to the Company's financial statements, and the Company presently intends to continue a policy of using retained earnings for expansion of its business. The above 1994 prices have been revised to reflect the September 1994 stock dividend.

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