| Five-Year Financial Data
Financial data in thousands except per-share and well amounts.
(in thousands except per share and well amounts) |
2011 |
2010 |
2009 |
2008 |
2007 |
|
|
|
|
|
|
Total Revenues from Continuing Operations (1) |
$599,131 |
$438,429 |
$370,445 |
$820,815 |
$654,121 |
|
|
|
|
|
|
Income (Loss) from Continuing Operations, Before IncomeTaxes (1) |
$135,104 |
$74,308 |
($64,617) |
($412,758) |
$244,556 |
|
|
|
|
|
|
Income (Loss) from Continuing Operations (1) |
$84,610 |
$46,475 |
($39,076) |
($257,130) |
$152,588 |
|
|
|
|
|
|
Net Cash Provided by Operating Activities - |
|
|
|
|
|
Continuing Operations |
$373,058 |
$258,996 |
$226,176 |
$582,027 |
$442,282 |
|
|
|
|
|
|
Per Share and Share Data |
|
|
|
|
|
Weighted Average Shares Outstanding(1) |
42,394 |
38,300 |
33,594 |
30,661 |
29,984 |
Earnings per Share--Basic(1) |
$1.96 |
$1.19 |
($1.16) |
($8.39) |
$5.09 |
Earnings per Share--Diluted(1) |
$1.95 |
$1.18 |
($1.16) |
($8.39) |
$4.98 |
Shares Outstanding at Year-End |
42,485 |
41,999 |
37,457 |
30,869 |
30,179 |
Book Value per Share at Year-End |
$23.46 |
$20.95 |
$18.12 |
$19.47 |
$27.70 |
Market Price |
|
|
|
|
|
High |
$47.32 |
$40.83 |
$25.61 |
$67.03 |
$47.72 |
Low |
$21.81 |
$24.52 |
$4.95 |
$15.30 |
$35.98 |
Year-End Close |
$29.72 |
$39.15 |
$23.96 |
$16.81 |
$44.03 |
|
|
|
|
|
|
Assets |
|
|
|
|
|
Current Assets |
$328,151 |
$158,358 |
$108,600 |
$78,086 |
$199,950 |
Property & Equipment, Net of Accumulated |
|
|
|
|
|
Depreciation, Depletion, and Amortization |
$1,867,766 |
$1,572,845 |
$1,315,964 |
$1,431,447 |
$1,760,195 |
Total Assets |
$2,212,469 |
$1,743,916 |
$1,434,765 |
$1,517,288 |
$1,969,051 |
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
Current Liabilities |
$211,794 |
$156,735 |
$103,604 |
$153,499 |
$210,161 |
Long-Term Debt |
$719,775 |
$471,624 |
$471,397 |
$580,700 |
$587,000 |
Total Liabilities |
$1,215,960 |
$863,899 |
$755,866 |
$916,411 |
$1,132,997 |
|
|
|
|
|
|
Stockholders' Equity |
$996,509 |
$880,017 |
$678,899 |
$600,877 |
$836,054 |
|
|
|
|
|
|
Number of Domestic Employees |
309 |
292 |
295 |
334 |
298 |
|
|
|
|
|
|
Domestic Producing Wells |
|
|
|
|
|
Swift Operated |
1,025 |
1,212 |
1,146 |
1,168 |
1,091 |
Outside Operated |
46 |
119 |
148 |
159 |
127 |
Total Domestic Producing Wells |
1,071 |
1,331 |
1,294 |
1,327 |
1,218 |
|
|
|
|
|
|
Domestic Wells Drilled (Gross) |
44 |
56 |
20 |
126 |
69 |
|
|
|
|
|
|
Domestic Proved Reserves |
|
|
|
|
|
Natural Gas (Bcf) |
616.8 |
423.0 |
290.6 |
292.4 |
343.8 |
Oil Reserves (MBoe) |
30.9 |
39.3 |
44.5 |
49.7 |
58.3 |
NGL Reserves (MBoe) |
25.8 |
23.0 |
20.0 |
18.0 |
18.2 |
Total Domestic Proved Reserves (MMBoe equivalent) |
159.6 |
132.8 |
112.9 |
116.4 |
133.8 |
|
|
|
|
|
|
Domestic Production (MMBoe equivalent) |
10.5 |
8.3 |
9.1 |
10.0 |
10.6 |
|
|
|
|
|
|
Domestic Average Sales Price (2) |
|
|
|
|
|
Natural Gas (per Mcf produced) |
$3.70 |
$3.96 |
$3.48 |
$8.54 |
$6.42 |
Natural Gas Liquids (per barrel) |
$52.13 |
$42.44 |
$31.36 |
$57.15 |
$49.72 |
Oil (per barrel) |
$107.00 |
$79.45 |
$60.07 |
$101.38 |
$71.92 |
Boe Equivalent |
$57.22 |
$52.42 |
$41.05 |
$79.00 |
$61.49 |
(1) Amounts have been retroactively adjusted in all periods presented to give recognition to: (a) discontinued operations related to the sale of our New Zealand oil & gas assets, and (b) the conversion of production and reserves volumes to a Boe basis.
(2) These prices do not include the effects of our hedging activities which were recorded in “Price-risk management and other, net” on the accompanying statements of operations. The hedge adjusted prices are detailed in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations”section of this Form 10-K. Natural gas sales prices represents the amount realized per MCF of production.
|