Global Hunter Securities Reiterates Buy on Swift Energy (SFY)

By admin | 7 years ago

Swift Energy (NYSE: SFY)‘s stock had its “buy” rating reiterated by equities research analysts at Global Hunter Securities in a research note issued to investors on Friday.

Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Swift Energy in a research note to investors on Friday.

Swift Energy traded down 4.54% on Friday, hitting $25.00. Swift Energy has a 1-year low of $20.39 and a 1-year high of $43.26. The company has a market cap of $1.064 billion and a price-to-earnings ratio of 13.81.

Swift Energy last released its earnings data on Thursday, May 3rd. The company reported $0.08 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.23 by $0.15. Swift Energy’s revenue was down 5.7% compared to the same quarter last year. Analysts expect that Swift Energy will post $0.33 EPS next quarter.

Swift Energy Company is engaged in developing, exploring, acquiring, and operating oil and natural gas properties, with a focus on oil and natural gas reserves in Texas as well as onshore and in the inland waters of Louisiana.

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