|
|
|
Financial, Operating, & Investor Highlights for 1995
|
1995
|
1994
|
Annual
Change
|
| Revenues |
$ 28,931,045 |
$ 25,375,292 |
14% |
| Oil and Gas Sales |
$ 22,527,892 |
$ 19,802,188 |
14% |
| Net Income from Operations |
$ 4,912,512 |
$ 3,725,671 |
32% |
Total Assets |
$ 175,252,707 |
$ 135,672,743 |
29% |
| Short-Term Bank Borrowings |
-- |
$ 27,229,000 |
-100% |
| Long-Term Debt |
$ 28,750,000 |
$ 28,750,000 |
-- |
| Shareholders' Equity |
$ 93,345,965 |
$ 42,127,131 |
122% |
Net Cash Provided by Operating Activities |
$ 14,376,463 |
$ 10,394,514 |
38% |
Natural Gas Production (Mcf) |
7,913,963 |
6,798,531 |
16% |
| Oil & Condensate Production (Bbls) |
545,435 |
467,056 |
17% |
Average Natural Gas Prices Received ($/Mcf) |
$ 1.77 |
$ 1.93 |
-8% |
| Average Oil & Condensate Prices Received($/Bbl) |
$ 15.66 |
$ 14.35 |
9% |
Natural Gas Reserves (Mcf) |
143,567,520 |
76,263,964 |
88% |
| Oil & Condensate Reserves (Bbls) |
5,421,981 |
4,553,267 |
19% |
| Total Proved Reserves (Mcfe) |
176,099,406 |
103,583,566 |
70% |
Present Value of Proved Reserves (discounted
at 10% per annum) |
$ 147,038,409 |
$ 69,394,604 |
112% |
Income per Share Before Cumulative Effect of Change
in Accounting Principle |
$ 0.54 |
$ 0.56 |
-4% |
Weighted Average Shares Outstanding |
9,122,857 |
6,644,248 |
37% |
Year-End Shares Outstanding |
12,509,700 |
6,685,137 |
87% |
Market Price of Common Stock at Year End |
$ 12.00 |
$ 9.75 |
23% |
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® are registered service marks of Swift Energy Company.