Swift Energy (NYSE:SFY) is an exploration and production (E&P) company operating oil and natural gas properties. SFY focuses on oil and natural gas reserves in Texas as well as onshore and in the inland waters of Louisiana.
The stock can be very volatile and has fallen from its 52-week high of $23.71 to its current price of $12.92, but management is focused and has a clear strategy to grow production, and to me this stock looks like a good long-term buy, with impressive growth rates forecast and growing proven reserves.
2013 Strategic Outlook
2013 has been a solid start for SFY with Q1 earnings surpassing expectations and capex in line with estimates. The previous quarter had...
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