The short term investing stock picks blog

Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend.
Chart pattern indicates a Strong Upward Trend.
Relative Strength is Bullish.
Up/Down volume pattern indicates that the stock is under Accumulation.
The 50 day Moving Average is rising which is Bullish.
The 200 day Moving Average is rising which is Bullish.

Profile: Swift Energy Company (Swift) is engaged in the acquisition, exploration, development and operation of oil and gas properties located primarily in the United States and in New Zealand. During the year ended December 31, 2005, the Company had proved reserves of 761.8 billions of cubic feet equivalent. In 2005, Swift Energy’s proved reserves consisted of approximately 51% crude oil, 38% natural gas and 11% natural gas liquids (NGLs), of which 50% were proved developed. Its proved reserves are concentrated in areas, including 52% in Louisiana, 31% in Texas, 16% in New Zealand and 1% in other states. The Company’s core development and exploration project areas are the AWP Olmos area in South Texas, Brookeland in east Texas, Lake Washington in South Louisiana, Masters Creek in Central Louisiana, and the Rimu/Kauri and TAWN in New Zealand.