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| Annual Highlights
Unless otherwise noted, information provided below relates solely to our continuing operations located in the United States
and excludes our discontinued New Zealand operations.
Financial data in thousands except per-share amounts and ratios; prices received exclude the effects of our hedging activities.
|
2011 |
|
2010 |
|
Percent
Change |
|
|
|
|
|
|
| Revenues |
$599,131 |
|
$438,429 |
|
37% |
| Costs & Expenses (Before Income Taxes) |
$464,027 |
|
$364,121 |
|
27% |
| Income |
$84,610 |
|
$46,475 |
|
82% |
| |
|
|
|
|
|
|
|
|
|
|
|
| Earnings per Share–Basic |
$1.96 |
|
$1.19 |
|
65% |
| Earnings per Share–Diluted |
$1.95 |
|
$1.18 |
|
65% |
| |
|
|
|
|
|
|
|
|
|
|
|
| Total Assets |
$2,212,469 |
|
$1,743,916 |
|
27% |
| Working Capital |
$116,357 |
|
$1,623 |
|
NA |
| Current Ratio |
1.55 |
|
1.01 |
|
53% |
| Long-Term Debt |
$719,775 |
|
$471,624 |
|
53% |
| Stockholders' Equity |
$996,509 |
|
$880,017 |
|
13% |
Return
on Assets
(Income / Average Assets) |
4.3% |
|
2.9% |
|
48% |
Return
on Stockholders’ Equity
(Income / Average Equity) |
9.0% |
|
6.0% |
|
50% |
|
|
|
|
|
|
| |
|
|
|
|
|
| Cash Provided by Operating Activities |
$373,058 |
|
$258,996 |
|
44% |
| |
|
|
|
|
|
|
|
|
|
|
|
| Total Production (MBoe) |
10,527 |
|
8,330 |
|
26% |
| Natural Gas Production (MMcf) |
31,799 |
|
19,721 |
|
61% |
| Oil Production (MBbl) |
3,865 |
|
3,905 |
|
(1%) |
| Natural Gas Liquids Production (MBbl) |
1,362 |
|
1,138 |
|
20% |
| |
|
|
|
|
|
|
|
|
|
|
|
| Average Composite Prices Received ($/Boe) |
$57.22 |
|
$52.42 |
|
9% |
| Average Natural Gas Prices Received ($/Mcf) |
$3.70 |
|
$3.96 |
|
(6%) |
| Average Oil Prices Received ($/Bbl) |
$107.00 |
|
$79.45 |
|
35% |
| Average Natural Gas Liquids Prices Received ($/Bbl) |
$52.13 |
|
$42.44 |
|
23% |
| |
|
|
|
|
|
|
|
|
|
|
|
| Total Proved Reserves (MBoe) |
159,562 |
|
132,782 |
|
20% |
| Proved Natural Gas Reserves (MMcf) |
616,759 |
|
422,982 |
|
46% |
| Proved Oil & NGL Reserves (MBbl) |
56,768 |
|
62,285 |
|
(9%) |
| |
|
|
|
|
|
|
|
|
|
|
|
| Weighted Average Shares Outstanding |
42,394 |
|
38,300 |
|
11% |
| Year-End Shares Outstanding |
42,485 |
|
41,999 |
|
1% |
| Number of Shareholders of Record |
170 |
|
183 |
|
(7%) |
| Market Price of Common Stock at Year-End |
$29.72 |
|
$39.15 |
|
(24%) |
Price-Earnings
Ratio
(Year-End Stock Price / EPS–Basic) |
15.2 |
|
32.9 |
|
(54%) |
|
|
|
|
|
|
| |
|
|
|
|
|
| Number of Employees |
309 |
|
292 |
|
6% |
| |
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| For additional information, please contact: |
|
|
|
|
|
| Paul Vincent |
Phone: |
|
(281) 874-2700 or
|
| Director-Finance & Investor Relations |
|
|
(800) 777-2412
|
| Swift Energy Company |
Fax: |
|
(281) 874-2808
|
| 16825 Northchase Drive, Suite 400 |
E-Mail: |
|
info@swiftenergy.com
|
| Houston, Texas 77060 |
Web site: |
|
www.swiftenergy.com
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This report includes Swift Energy's Form
10-K for 2011. Exhibits to the Form 10-K
are not included but are available through the Swift Energy web site and through the SEC web site at www.sec.gov.
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| | Site Map | Terms of Use | Contact Swift | Home | |
| Last modified:
Tuesday, March 27, 2012 9:53 AM
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| © 1994-2011 by Swift Energy Company, 16825 Northchase Drive, Suite 400, Houston, Texas 77060, (281) 874-2700
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