Swift Energy (SFY) Message Board

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Gold/Mining/Energy : Swift Energy (SFY)

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To: Rosemary who wrote (39)	8/7/1997 7:45:00 AM
From: Mark	of 1602

The irony is that whilst Swift got hammered yesterday, the UK market hit a new record high, helped by stock rises in all of the major petroleum companies (BP, Shell, etc.,). And the reason being....... strengthening oil prices ! (i.e. The main reason for Swift not posting stellar results last qtr - weak prices for gas/oil - may be going away). Does anyone know what natural gas prices are doing ? This'll be the key to this qtrs earnings, and could indicate whether Swift should be accumulated into any further weakness over the next few weeks.

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