Current News

April 3, 2014– 2014 Proxy Statement
Swift Energy's 2014 Proxy Statement is now online in HTML and PDF.

April 3, 2014 – 2013 Annual Report
Swift Energy's 2013 Annual Report is now online in HTML and PDF.

April 3, 2014 – Press Release – Houston, TX
Swift Energy Announces Its First Quarter 2014 Earnings Release and Conference Call.
Swift Energy Company will report its first quarter financial results on Thursday, May 1, 2014 by issuing a news release before the market opens and conducting a conference call to discuss such results on that date at 9:00 a.m. CDT.  To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call using Conference ID # 23346137.  A digital replay of the call will also be available two hours after the call’s completion on May 1 until May 8, by dialing 855-859-2056 and using Conference ID # 23346137.  Additionally, the conference call replay will be available over the internet by accessing the Company’s website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company’s website for approximately two weeks after the call.

April 3, 2014 – Press Release – Houston, TX
Swift Energy Presentation at IPAA Oil & Gas Investment Symposium New York To Be Webcast.
Swift Energy Company’s President, Bruce H. Vincent, will give Swift Energy’s corporate presentation Monday, April 7, 2014, at 10:00 a.m. EDT to the investment community via live audio webcast at the IPAA Oil & Gas Investment Symposium (OGIS) Conference in New York.

March 25, 2014 – Press Release – Houston, TX
Swift Energy Announces New Eagle Ford Well Tests.
Swift Energy Company announced today that it has tested three new Eagle Ford wells in the Fasken area in Webb County, TX. The Fasken BD 14H, 15H and 16H were all recently completed with an average initial production rate of 22.1 million cubic feet of gas per day. The Company has also completed three new Eagle Ford wells in the northern part of its McMullen County, TX acreage position during the first quarter. The PCQ 14H, 15H and 16H achieved an average initial production rate of 1,212 barrels of oil equivalent during their test periods.

March 3, 2014 – 2013 Form 10-K – Houston, TX
Swift Energy's Form 10-K for the period ended December 31, 2013, is now available on this website in HTML and PDF. See also XBRL.

February 27, 2014 – Press Release – Houston, TX
Swift Energy Announces Fourth Quarter and Full-Year 2013 Results.
Swift Energy Company announced today a net loss for the fourth quarter of 2013 of $41.8 million, or $0.96 per diluted share, which includes a non-cash ceiling test write-down of its oil and gas properties of $73.9 million (pre-tax).  Net income before write-down of oil and gas properties (a non-GAAP measure) for the fourth quarter 2013 is $5.8 million, or $0.13 per diluted share, a decrease of 48% compared to net income of $11.2 million ($0.26 per diluted share) earned in the same quarter in 2012. For the full year 2013, Swift Energy had a loss of $19.0 million, or $0.44 per diluted share, which includes a non-cash ceiling test write-down of its oil and gas properties of $73.9 million (pre-tax).  Net income before write-down of oil and gas properties (a non-GAAP measure - see page 9 for reconciliation to the GAAP measure) for the full year 2013 is $28.6 million, or $0.66 per diluted share, a 37% increase compared to $20.9 million of net income for 2012, or $0.48 per diluted share.  Swift Energy’s full year 2013 production was 11.75 million barrels of oil equivalent (“MMBoe”), which increased from 2012 production of 11.70 MMBoe.  Production for the fourth quarter 2013 of 3.09 MMBoe increased 1% from third quarter 2013 production of 3.06 MMBoe and decreased slightly compared to fourth quarter 2012 production of 3.11 MMBoe. Full year production in the Company’s South Texas area, where approximately 80% of capital spending was directed, was 9.0 MMBoe, an increase of 5% from 2012 production of 8.6 MMBoe. Cash flow before working capital changes (a non-GAAP measure) for 2013 increased 2% to $311.7 million, or $7.19 per diluted share, compared to $304.5 million, or $7.05 per diluted share, for the full year 2012.  Fourth quarter 2013 cash flow before working capital changes of $77.8 million, or $1.79 per diluted share, decreased 15% compared to $91.4 million of adjusted cash flow, or $2.11 per diluted share, for the fourth quarter of 2012.  (PDF version)

January 27, 2014 – Press Release – Houston, TX
Swift Energy Announces Its Fourth Quarter and Year-End 2013 Earnings Release and Conference Call.
Swift Energy Company will report its fourth quarter and year-end 2013 financial and operational results on Thursday, February 27, 2014 by issuing a news release before the market opens and conducting a conference call to discuss such results on that date at 9:00 a.m. CST. To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call. A digital replay of the call will also be available two hours after the call’s completion on February 27 until March 6, by dialing 855-859-2056 and using Conference ID # 41567432. Additionally, the conference call replay will be available over the internet by accessing the Company’s website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company’s website for approximately two weeks after the call.

October 31, 2013 – 2013 Form 10-Q for Third Quarter
Swift Energy's Form 10-Q for the quarter ended September 30, 2013, is now available on this web site in HTML, PDF, and XBRL.

October 31, 2013 – Press Release – Houston, TX
Swift Energy Announces: 185% Increase in Third Quarter 2013 Earnings to $8.9 Million, or $0.20 Per Diluted Share; 19% Increase in Third Quarter 2013 Revenues to $153.0 Million; 24% Increase in Third Quarter 2013 Cash Flow Before Working Capital Changes of $88.5 Million. Swift Energy Company announced today earnings of $8.9 million for the third quarter of 2013, or $0.20 per diluted share, an increase of 185% when compared to third quarter 2012 earnings of $3.1 million, or $0.07 per diluted share, and an increase of 32% when compared to earnings of $6.7 million, or $0.15 per diluted share in the second quarter of 2013. Cash flow before working capital changes (a non-GAAP measure - see page 7 for reconciliation to the GAAP measure) for the third quarter of 2013 was $88.5 million, an increase of 24% when compared to $71.2 million of the same measure in the third quarter 2012. Production increased 6% to 3.06 million barrels of oil equivalent (“MMBoe”) during the third quarter of 2013, compared to the third quarter 2012 production of 2.87 MMBoe, and up 10% compared to second quarter 2013 production of 2.78 MMBoe. 

October 3, 2013 – Press Release – Houston, TX
Swift Energy Announces Its Third Quarter 2013 Earnings Release and Conference Call.Swift Energy Company will report its third quarter financial results on Thursday, October 31, 2013 by issuing a news release before the market opens and conducting a conference call to discuss such results on that date at 9:00 a.m. CDT.  To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call.  A digital replay of the call will also be available two hours after the call’s completion on October 31 until November 6, by dialing 855-859-2056 and using Conference ID # 72267440.  Additionally, the conference call replay will be available over the internet by accessing the Company’s website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company’s website for approximately two weeks after the call.

October 1, 2013 – Press Release – Houston, TX
Swift Energy Hires Advisor for the Potential Sale of Its Central Louisiana Assets. Swift Energy Companyreported today that it has retained Scotia Waterous (USA) Inc. as its exclusive advisor in the potential sale of its Central Louisiana assets.  The Company’s Central Louisiana asset position includes approximately 86,000 mineral acres and three producing oil and natural gas fields: Burr Ferry, Masters Creek, and South Bearhead Creek located in the Austin Chalk and Wilcox fairways.

September 10, 2013 – Press Release – Houston, TX
Swift Energy Presentation at Barclays CEO Energy and Power Conference in New York to Be Webcast. Swift Energy Company’s President, Bruce H. Vincent, will give Swift Energy’s corporate presentation Wednesday, September 11, 2013, at 11:45 a.m. EDT to the investment community via live audio webcast at the Barclays CEO Energy and Power Conference in New York.

August 1, 2013 – 2013 Form 10-Q for Second Quarter
Swift Energy's Form 10-Q for the quarter ended June 30, 2013, is now available on this web site in HTML, PDF, and XBRL.

August 1, 2013 –Press Release – Houston, TX
Swift Energy Announces: 122% Increase in Second Quarter 2013 Earnings to $6.7 Million, or $0.15 Per Diluted Share; Plans to Accelerate Eagle Ford Development and Divest Central Louisiana Assets. Swift Energy Company announced today earnings of $6.7 million for the second quarter of 2013, or $0.15 per diluted share, an increase of 122% when compared to second quarter 2012 earnings of $3.0 million, or $0.07 per diluted share, and a decrease of 7% when compared to earnings of $7.2 million in the first quarter of 2013. Adjusted cash flow (cash flow before working capital changes, a non-GAAP measure - see page 6 for reconciliation to the GAAP measure) for the second quarter of 2013 was $72.8 million, or $1.67 per diluted share, virtually unchanged when compared to $72.7 million, or $1.69 per diluted share, for the second quarter 2012, and $72.6 million, or $1.67 per diluted share, for the first quarter of 2013. Swift Energy produced 2.78 million barrels of oil equivalent (“MMBoe”) during the second quarter of 2013, a 5% decrease from second quarter 2012 production of 2.92 MMBoe, and down 1% compared to first quarter 2013 production of 2.82 MMBoe.

July 1, 2013 – Press Release – Houston, TX
Swift Energy Announces Its Second Quarter 2013 Earnings Release and Conference Call. Swift Energy Company will report its second quarter financial results on Thursday, August 1, 2013 by issuing a news release before the market opens and conducting a conference call to discuss such results on that date at 9:00 a.m. CDT.  To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call.  A digital replay of the call will also be available two hours after the call’s completion on August 1 until August 7, by dialing 855-859-2056 and using Conference ID # 99322755. Additionally, the conference call replay will be available over the internet by accessing the Company’s website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company’s website for approximately two weeks after the call.

June 6, 2013 – Press Release – Houston, TX
Swift Energy Presentation at IPAA Oil & Gas Investment Symposium Toronto to Be Webcast. Swift Energy Company’s President, Bruce H. Vincent, will give Swift Energy’s corporate presentation Tuesday, June 11, 2013, at 9:55 a.m. EDT to the investment community via live audio webcast at the IPAA Oil & Gas Investment Symposium (OGIS) Conference in Toronto.

May 2, 2013 – 2013 Form 10-Q for First Quarter
Swift Energy's Form 10-Q for the quarter ended March 31, 2013, is now available on this web site in HTML, PDF, and XBRL.

May 2, 2013 – Press Release – Houston, TX
Swift Energy Announces: 96% Increase in First Quarter 2013 Net Income to $7.2 Million, or $0.16 Per Diluted Share; 8% Increase in First Quarter 2013 Revenues to $146 Million; First Quarter 2013 Adjusted Cash Flow of $72.6 Million, or $1.67 Per Diluted Share. Swift Energy Company announced today earnings of $7.2 million for the first quarter of 2013, or $0.16 per diluted share, an increase of 96% when compared to first quarter 2012 earnings from net income of $3.6 million, or $0.08 per diluted share, and a decrease of 37% when compared to net income of $11.2 million in the fourth quarter of 2012. Adjusted cash flow (cash flow before working capital changes, a non-GAAP measure) for the first quarter of 2013 increased 5% to $72.6 million, or $1.67 per diluted share, compared to $69.1 million, or $1.61 per diluted share, for the first quarter of 2012, and decreased 21% when compared to adjusted cash flow of $91.4 million, or $2.13 per diluted share, for the fourth quarter of 2012. Swift Energy produced 2.82 million barrels of oil equivalent (“MMBoe”) during the first quarter of 2013, a 1% increase over first quarter 2012 production of 2.80 MMBoe, and down 9% compared to fourth quarter 2012 production of 3.11 MMBoe. 

April 11, 2013 – Press Release – Houston, TX
Swift Energy Presentation at IPAA Oil & Gas Investment Symposium New York to Be Webcast. Swift Energy Company’s President, Bruce H. Vincent, will give Swift Energy’s corporate presentation Monday, April 15, 2013, at 10:00 a.m. EDT to the investment community via live audio webcast at the IPAA Oil & Gas Investment Symposium (OGIS) Conference in New York.

April 9, 2013– 2013 Proxy Statement
Swift Energy's 2013 Proxy Statement is now online. Also in PDF.

April 9, 2013 – 2012 Annual Report
Swift Energy's 2012 Annual Report is now online. Also in PDF.

April 2, 2013 – Press Release – Houston, TX
Swift Energy Announces Its First Quarter 2013 Earnings Release and Conference Call. Swift Energy Company will report its first quarter financial results on Thursday, May 2, 2013 by issuing a news release before the market opens and conducting a conference call to discuss such results on that date at 9:00 a.m. CDT. To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call.  A digital replay of the call will also be available two hours after the call’s completion on May 2 until May 9, by dialing 855-859-2056 and using Conference ID # 30161571. Additionally, the conference call replay will be available over the internet by accessing the Company’s website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company’s website for approximately two weeks after the call.

March 14, 2013 – Press Release – Houston, TX
Swift Energy to Update Operations at 2013 Analyst/Investor Meeting. Swift Energy Company will host a meeting with financial analysts, portfolio managers and investors today beginning at 8:00 a.m. CDT at the Hilton Houston North on Greenspoint Drive in Houston, Texas. At this meeting, Swift Energy’s management team will provide its annual briefing that will feature an update on certain operational initiatives and detail operational and financial plans and guidance for full year 2013. A live audio webcast accompanied with the slides of the presentation will be available on the Company’s website www.swiftenergy.com by clicking on the event hyperlink.

March 1, 2013 – Press Release – Houston, TX
Swift Energy Incident Response Team Secures Damaged Lake Washington Well. Swift Energy Company announced today that as of 3:12 p.m., Thursday, it has brought under control an outflow of water, oil and natural gas resulting from a marine vessel collision with a Swift Energy operated shut-in well head in the shallow waters of its Lake Washington field in Plaquemines Parish, Louisiana, which had occurred at approximately 7:00 p.m., Tuesday, February 26.

February 27, 2013 – Press Release – Houston, TX
Swift Energy Activates Incident Response Team. Swift Energy Company announced today, a well control incident in its Lake Washington field in Plaquemines Parish, Louisiana that occurred  at approximately 7:00 pm Tuesday, February 26, when a marine vessel collided with a Swift Energy operated shut-in well head in the shallow waters of the Lake Washington field. This collision damaged the integrity of the wellhead and resulted in an outflow of water, oil and natural gas. Swift Energy’s Incident Command Team was activated and responded to the situation during the night. 

February 22, 2013 – 2012 Form 10-K – Houston, TX
Swift Energy's Form 10-K for the period ended December 31, 2012, is now available on this website in HTML and PDF versions. See also XBRL.

February 21, 2013 – Press Release – Houston, TX
Swift Energy Announces: 15% Increase in Fourth Quarter 2012 Production to 3.11 Million Barrels of Oil Equivalent; 20% Increase in Year-End Proved Reserves to a Record 192.1 Million Barrels of Oil Equivalent; Fourth Quarter 2012 Earnings of $11.2 Million, or $0.26 Per Diluted Share; Fourth Quarter 2012 Adjusted Cash Flow of $91.4 Million, or $2.13 Per Diluted Share. Swift Energy Company announced today earnings from continuing operations of $11.2 million for the fourth quarter of 2012, or $0.26 per diluted share, a 46% decrease when compared to fourth quarter 2011 earnings from continuing operations of $20.7 million, or $0.48 per diluted share, and an increase of 259% when compared to earnings of $3.1 million in the third quarter of 2012. Adjusted cash flow (cash flow before working capital changes, a non-GAAP measure - see page 9 for reconciliation to the GAAP measure) for the fourth quarter of 2012 decreased 8% to $91.4 million, or $2.13 per diluted share, compared to $99.4 million, or $2.33 per diluted share, for the fourth quarter 2011, and increased 28% when compared to adjusted cash flow of $71.2 million, or $1.66 per diluted share, for the third quarter of 2012. Swift Energy produced 3.11 million barrels of oil equivalent (“MMBoe”) during the fourth quarter of 2012, a 15% increase over fourth quarter 2011 production, and an 8% sequential increase compared to third quarter 2012 production of 2.87 MMBoe. Oil and natural gas proved reserve estimates at year-end 2012 of 192.1 MMBoe were 20% higher than 2011 year-end proved reserve estimates of 159.6 MMBoe.  Crude oil and natural gas liquids comprised approximately 48% of year-end 2012 proved reserves, up significantly from the approximate 36% of total proved reserves at year-end 2011.  This record level of year-end proved reserves for the Company is primarily due to its 2012 drilling program in the liquids rich portions of its South Texas core area.

January 25, 2013 – Press Release – Houston, TX
Swift Energy Announces Fourth Quarter and Year-End 2012 Earnings Call and 2013 Analyst/Investor Meeting. Swift Energy Company will report its fourth quarter and year-end 2012 financial and operational results on Thursday, February 21, 2013 by issuing a news release before the market opens and conducting a conference call to discuss such results on that date at 9:00 a.m. CST. To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call. A digital replay of the call will also be available two hours after the call's completion on February 21 until February 28, by dialing 855-859-2056 and using Conference ID # 90223206. Additionally, the conference call replay will be available over the internet by accessing the Company's website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company's website for approximately two weeks after the call.

November 1, 2012 – 2012 Form 10-Q for Third Quarter
Swift Energy's Form 10-Q for the quarter ended September 30, 2012, is now available on this web site in HTML, PDF, and XBRL.

November 1, 2012 – Press Release – Houston, TX
Swift Energy Announces: 13% Increase in Third Quarter 2012 Production to 2.87 Million Barrels of Oil Equivalent; Third Quarter 2012 Earnings of $3.1 Million, or $0.07 Per Diluted Share; Third Quarter 2012 Adjusted Cash Flow of $71.2 Million, or $1.66 Per Diluted Share. Swift Energy Company announced today earnings from continuing operations of $3.1 million for the third quarter of 2012, or $0.07 per diluted share, a decrease of 82% when compared to third quarter 2011 earnings from continuing operations of $17.0 million, or $0.39 per diluted share, and an increase of 3% when compared to earnings of $3.0 million in the second quarter of 2012. Adjusted cash flow (cash flow before working capital changes, a non-GAAP measure - see page 7 for reconciliation to the GAAP measure) for the third quarter of 2012 decreased 21% to $71.2 million, or $1.66 per diluted share, compared to $90.0 million, or $2.11 per diluted share, for the third quarter 2011, and decreased 2% when compared to adjusted cash flow of $72.7 million, or $1.69 per diluted share, for the second quarter of 2012. Swift Energy produced 2.87 million barrels of oil equivalent (“MMBoe”) during the third quarter of 2012, a 13% increase over third quarter 2011 production of 2.54 MMBoe, and down 1% compared to second quarter 2012 production of 2.92 MMBoe.  The Company previously announced that Hurricane Isaac caused approximately 175,000 barrels of oil equivalent (“Boe”) of primarily crude oil production to be shut-in during the third quarter. 

October 3, 2012 – Press Release – Houston, TX
Swift Energy Prices $150 Million Senior Notes Private Add-On Debt Offering. Swift Energy Company announced today that it has priced its sale of an additional $150 million in aggregate principal amount of its 7 7/8% senior unsecured notes due 2022 in a private offering to eligible purchasers. These additional senior notes were priced at 105.00% of par, for a yield to worst of 6.993%. These additional notes, together with the $250 million of 7 7/8% senior notes due 2022 previously sold in November 2011, will form a single class of $400 million principal amount of these senior notes. The Company expects to close the notes offering on October 18, 2012, subject to satisfaction of customary closing conditions.

October 3, 2012 – Press Release – Houston, TX
Swift Energy Announces Proposed Private Add-On Debt Offering. Swift Energy Company today announced that, subject to market conditions, the Company intends to offer in a private offering to eligible purchasers an additional $150 million in aggregate principal amount of its 7 7/8% senior unsecured notes due 2022. These additional notes will be treated as a single class of security with the $250 million of 7 7/8% senior notes due 2022 sold in a private placement on November 30, 2011 and exchanged for registered notes in May 2012.  Swift Energy intends to use the net proceeds of the offering to repay outstanding indebtedness on the Company’s revolving credit facility and for general corporate purposes.

October 1, 2012 – Press Release – Houston, TX
Swift Energy Announces Its Third Quarter 2012 Earnings Release and Conference Call. Swift Energy Company will report its third quarter financial results on Thursday, November 1, 2012 by issuing a news release before the market opens and conducting a conference call to discuss such results on that date at 9:00 a.m. CDT. To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call. A digital replay of the call will also be available two hours after the call’s completion on November 1 until November 8, by dialing 855-859-2056 and using Conference ID # 31901337. Additionally, the conference call replay will be available over the internet by accessing the Company’s website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company’s website for approximately two weeks after the call.

September 21, 2012 – Press Release – Houston, TX
Swift Energy Presentation at IPAA Oil & Gas Investment Symposium San Francisco to Be Webcast. Swift Energy Company's President, Bruce H. Vincent, will give Swift Energy's corporate presentation Monday, September 24, 2012, at 1:10 p.m. EDT to the investment community via live audio webcast at the IPAA Oil & Gas Investment Symposium (OGIS) Conference in San Francisco.

September 19, 2012 – Press Release – Houston, TX
Swift Energy Updates Operations and Production Forecasts Following Hurricane Isaac. Swift Energy Company announced today it has begun the resumption of production operations at its Lake Washington Field in Plaquemines Parish and Bay de Chene Field in Jefferson and Lafourche Parishes which were shut-in beginning on August 26 in the face of Hurricane Isaac.

September 5, 2012 – Press Release – Houston, TX
Swift Energy Updates Operational Progress Following Hurricane Isaac. Swift Energy Company announced today the status of initial physical assessments of its Lake Washington Field in Plaquemines Parish and Bay de Chene Field in Jefferson and Lafourche Parishes.

September 4, 2012 – Press Release – Houston, TX
Swift Energy Presentation at Barclays CEO Energy and Power Conference in New York to Be Webcast. Swift Energy Company’s President, Bruce H. Vincent, will give Swift Energy’s corporate presentation Wednesday, September 5, 2012, at 3:45 p.m. EDT to the investment community via live audio webcast at the Barclays CEO Energy and Power Conference in New York.

August 27, 2012 – Press Release – Houston, TX
Swift Energy Prepares for Tropical Storm Isaac. Swift Energy Company (NYSE: SFY) announced that yesterday it began implementing standard shut-down procedures in its coastal Louisiana properties, the Lake Washington Field in Plaquemines Parish and the Bay de Chene Field in Jefferson and Lafourche Parishes, due to the risk of adverse weather conditions currently anticipated from approaching Tropical Storm Isaac.  All operational activities in these areas are being shut down and personnel and equipment are being evacuated from these fields.

August 21, 2012 – Press Release – Houston, TX
Swift Energy Announces Officer Promotion. Swift Energy Company announced today that its Board of Directors has promoted Chris Abundis to Corporate Secretary effective August 12, 2012. Mr. Abundis joined Swift Energy Company in 2005 as Associate Corporate Counsel and has most recently served as Senior Counsel and Assistant Secretary. Mr. Abundis will continue to serve as Senior Counsel.

August 2, 2012 – 2012 Form 10-Q for Second Quarter
Swift Energy's Form 10-Q for the quarter ended June 30, 2012, is now available on this web site in HTML, PDF, and XBRL.

August 2, 2012 – Press Release – Houston, TX
Swift Energy Announces: 11% Increase in Second Quarter 2012 Production to 2.92 Million Barrels of Oil Equivalent; Second Quarter 2012 Earnings of $3.0 Million, or $0.07 Per Diluted Share; Second Quarter 2012 Adjusted Cash Flow of $72.7 Million, or $1.69 Per Diluted Share. Swift Energy Company announced today earnings from continuing operations of $3.0 million for the second quarter of 2012, or $0.07 per diluted share, a decrease of 89% when compared to second quarter 2011 earnings from continuing operations of $26.7 million, or $0.61 per diluted share and a decrease of 15% when compared to earnings of $3.6 million in the first quarter of 2012. Adjusted cash flow (cash flow before working capital changes, a non-GAAP measure - see page 7 for reconciliation to the GAAP measure) for the second quarter of 2012 decreased 31% to $72.7 million, or $1.69 per diluted share, compared to $105.5 million, or $2.47 per diluted share, for the second quarter 2011 and increased 5% when compared to adjusted cash flow of $69.1 million, or $1.61 per diluted share, for the first quarter of 2012. Swift Energy produced 2.92 million barrels of oil equivalent (“MMBoe”) during the second quarter of 2012, an 11% increase over second quarter 2011 production of 2.64 MMBoe, and a 4% sequential increase compared to first quarter 2012 production of 2.80 MMBoe.

July 9, 2012 – Press Release – Houston, TX
Swift Energy Announces Its Second Quarter 2012 Earnings Release and Conference Call. Swift Energy Company will report its second quarter financial results on Thursday, August 2, 2012 by issuing a news release before the market opens and conducting a conference call to discuss such results on that date at 9:00 a.m. CDT. To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call. A digital replay of the call will also be available two hours after the call's completion on August 2 until August 9, by dialing 855-859-2056 and using Conference ID # 93232896. Additionally, the conference call replay will be available over the internet by accessing the Company's website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company's website for approximately two weeks after the call.

June 19, 2012 – Press Release – Houston, TX
Swift Energy Announces LaSalle County, TX, Eagle Ford Shale Midstream Services Agreement and Updates Austin Chalk Activity. Swift Energy Company announced today that it has entered into a long term agreement for natural gas gathering and processing services for its LaSalle County, TX natural gas production with Eagle Ford Gathering LLC, a 50/50 joint venture between Kinder Morgan Energy Partners, L.P. (NYSE: KMP) and Copano Energy, L.L.C. (NASDAQ: CPNO).  This agreement is effective as of June 1, 2012.  Swift Energy will have up to 40 million cubic feet of gas per day of firm capacity available on this system by the fourth quarter of 2012.

May 3, 2012 – 2012 Form 10-Q for First Quarter
Swift Energy's Form 10-Q for the quarter ended March 31, 2012, is now available on this web site in HTML, PDF, and XBRL.

May 3, 2012 – Press Release – Houston, TX
Swift Energy Announces: 6% Increase in First Quarter 2012 Production to 2.80 Million Barrels of Oil Equivalent; First Quarter 2012 Earnings of $3.6 Million, or $0.08 Per Diluted Share; First Quarter 2012 Adjusted Cash Flow of $69.1 Million, or $1.61 Per Diluted Share. Swift Energy Company announced today earnings from continuing operations of $3.6 million for the first quarter of 2012, or $0.08 per diluted share, a decrease of 82% when compared to first quarter 2011 earnings from continuing operations of $20.2 million, or $0.47 per diluted share and a decrease of 83% when compared to earnings of $20.7 million in the fourth quarter of 2011. Adjusted cash flow (cash flow before working capital changes, a non-GAAP measure - see page 7 for reconciliation to the GAAP measure) for the first quarter of 2012 decreased 13% to $69.1 million, or $1.61 per diluted share, compared to $79.2 million, or $1.86 per diluted share, for the first quarter 2011 and decreased 30% when compared to adjusted cash flow of $99.4 million, or $2.33 per diluted share, for the fourth quarter of 2011. Swift Energy produced 2.80 million barrels of oil equivalent (“MMBoe”) during the first quarter of 2012, a 6% increase over first quarter 2011 production of 2.65 MMBoe, and a 4% sequential increase compared to fourth quarter 2011 production of 2.70 MMBoe.

April 12, 2012 – Press Release – Houston, TX
Swift Energy Presentation at IPAA Oil Gas Investment Symposium New York to Be Webcast. Swift Energy Company's President, Bruce H. Vincent, will give Swift Energy's corporate presentation Monday, April 16, 2012, at 10:00 a.m. EDT to the investment community via live audio webcast at the IPAA Oil & Gas Investment Symposium (OGIS) in New York. The live audio webcast of the presentation and accompanying slide materials can be accessed through Swift Energy's website at www.swiftenergy.com.

April 10, 2012 – Press Release – Houston, TX
Swift Energy Announces Its First Quarter 2012 Earnings Release and Conference Call. Swift Energy Company will report its first quarter financial results on Thursday, May 3, 2012 by issuing a news release before the market opens and conducting a conference call to discuss such results on that date at 9:00 a.m. CDT. To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call. A digital replay of the call will also be available two hours after the call's completion on May 3 until May 10, by dialing 855-859-2056 and using Conference ID # 69496472. Additionally, the conference call replay will be available over the internet by accessing the Company's website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company's website for approximately two weeks after the call.

March 29, 2012 – 2012 Proxy Statement
Swift Energy's 2012 Proxy Statement is now online in HTML and PDF.

March 28, 2012 – 2011 Annual Report
Swift Energy's 2011 Annual Report "Balance-Diversity-Focus-Growth," is now online. Also in PDF.

March 15, 2012 – Press Release – Houston, TX
Swift Energy Details 2012 Capital Expenditure Plans and Operations at Analyst/Investor Meeting. Swift Energy Company will host a meeting with financial analysts, portfolio managers and investors today beginning at 8:00 a.m. CDT at the Hilton Houston North on Greenspoint Drive in Houston, Texas. At this meeting, Swift Energy's management team will provide its annual briefing that will feature an update on certain operational initiatives and detail operational and financial plans and guidance for full year 2012. A live audio webcast accompanied with the slides of the presentation will be available on the Company's website www.swiftenergy.com by clicking on the event hyperlink.

February 23, 2012 – 2011 Form 10-K – Houston, TX
Swift Energy's Form 10-K for the period ended December 31, 2011, is now available on this website in HTML and PDF versions. See also XBRL.

February 23, 2012 – Press Release – Houston, TX
Swift Energy Announces: 100% Increase in Fourth Quarter 2011 Earnings from Continuing Operations to $20.7 Million, or $0.48 Per Diluted Share; 50% Increase in Fourth Quarter 2011 Adjusted Cash Flow to $99.4 Million, or $2.33 Per Diluted Share; 24% Increase in Fourth Quarter 2011 Production to 2.70 Million Barrels of Oil Equivalent; 20% Increase in Year-End Proved Reserves to a Record 159.6 Million Barrels of Oil Equivalent. Swift Energy Company announced today earnings from continuing operations of $20.7 million for the fourth quarter of 2011, or $0.48 per diluted share, a 100% increase when compared to fourth quarter 2010 earnings from continuing operations of $10.3 million, or $0.25 per diluted share and an increase of 22% when compared to earnings of $17.0 million in the third quarter of 2011. Adjusted cash flow (cash flow before working capital changes, a non-GAAP measure) for the fourth quarter of 2011 increased 50% to $99.4 million, or $2.33 per diluted share, compared to $66.3 million, or $1.65 per diluted share, for the fourth quarter 2010 and increased 10% when compared to adjusted cash flow of $90.0 million, or $2.11 per diluted share, for the third quarter of 2011. Swift Energy produced 2.70 million barrels of oil equivalent ("MMBoe") during the fourth quarter of 2011, a 24% increase over fourth quarter 2010 production, and a 6% sequential increase compared to third quarter 2011 production of 2.54 MMBoe.

February 15, 2012 – Press Release – Houston, TX
Swift Energy Announces Officer Promotion. Swift Energy Company announced today that its Board of Directors has promoted Steve Tomberlin to Senior Vice President, Resource Development and Engineering effective February 13, 2012. Mr. Tomberlin joined Swift Energy Company in 2008 as Director of Reservoir Management and Technology.

January 12, 2012 – Press Release – Houston, TX
Swift Energy Announces Fourth Quarter and Year-End 2011 Earnings Call and 2012 Analyst/Investor Meeting. Swift Energy Company will report its fourth quarter and year-end 2011 financial and operational results on Thursday, February 23, 2012 by issuing a news release before the market opens and conducting a conference call to discuss such results on that date at 9:00 a.m. CST. To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call. A digital replay of the call will also be available two hours after the call's completion on February 23 until March 1, by dialing 855-859-2056 and using Conference ID # 41671533. Additionally, the conference call replay will be available over the internet by accessing the Company's website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company's website for approximately two weeks after the call.

 

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