How Swift Energy’s stock

price and oil production

moved hand in hand

Year

COMPANY

INCOME

Negative

Positive

There and back again

2008-2011

Active oil and gas rigs

400

1,200

1,600

$60

’08

Swift Energy

share price

’11

$40

’10

$20

’09

Amid the Great Recession, Swift Energy's stock price collapsed from $63 to $5 in just eight months. As oil production began to rebound, the company again became profitable and its share price stabilized.

Steady decline in share price

2011-2014

Active oil and gas rigs

400

1,200

1,600

$60

Swift Energy

share price

’11

$40

’12

’13

$20

’14

Swift’s stock price began to tumble again starting in 2011 as natural-gas prices declined and as production at drilling sites lagged behind competitors.

Oil market in free fall

2014-PRESENT

Active oil and gas rigs

400

1,200

1,600

$60

Swift Energy

share price

$40

$20

’14

’16

’15

The value of oil plummeted in late 2014, ending a prolonged period of stable and lucrative prices. Swift’s stock price fell below 25 cents, and the company was delisted by the New York Stock Exchange.

SWIFT ENERGY STOCK PRICE

$43.40

$60

40

20

.9¢

0

Jan. ’08

Feb. ’16

ACTIVE OIL AND GAS RIGS

1,774

2,000

1,000

502

0

Jan. ’08

Feb. ’16

Year

COMPANY

INCOME

Negative

Positive

There and back again

Active oil and gas rigs

400

1,200

1,600

2008-2011

$60

Amid the Great Recession, Swift Energy's stock price collapsed from $63 to $5 in just eight months. As oil production began to rebound, the company again became profitable and its share price stabilized.

’08

Swift Energy

share price

’11

$40

’10

$20

’09

Active oil and gas rigs

Steady decline

in share price

400

1,200

1,600

$60

2011-2014

Swift Energy

share price

Swift’s stock price began to tumble again starting in 2011 as natural-gas prices declined and as production at drilling sites lagged behind competitors.

’11

$40

’12

’13

$20

’14

Oil market in free fall

Active oil and gas rigs

400

1,200

1,600

2014-PRESENT

$60

The value of oil plummeted in late 2014, ending a prolonged period of stable and lucrative prices. Swift’s stock price fell below 25 cents, and the company was delisted by the New York Stock Exchange.

Swift Energy

share price

$40

$20

’14

’16

’15

How Swift Energy’s stock price and

oil production moved hand in hand

PEAK PRICE

$63.02

June 2008

Active oil and gas rigs

400

800

1,200

1,600

2,000

$60

$60

START HERE

Swift Energy

share price

2008

’11

40

40

’12

Oil production fell during the

Great Recession, then

rebounded quickly.

’10

’09

20

20

’13

Less than 1¢

’14

Feb. 2016

’15

’16

0

0

400

800

1,200

1,600

2,000

SWIFT ENERGY STOCK PRICE

ACTIVE OIL AND GAS RIGS

$43.40

1,774

$60

2,000

40

1,000

502

20

.9¢

0

0

Jan. ’08

Feb. ’16

Jan. ’08

Feb. ’16

Year

COMPANY

INCOME

Negative

Positive

There and back again

Steady decline in share price

Oil market in free fall

2008-2011

2011-2014

2014-PRESENT

Active oil and gas rigs

Active oil and gas rigs

Active oil and gas rigs

400

1,200

1,600

400

1,200

1,600

400

1,200

1,600

$60

$60

$60

’08

Swift Energy

share price

Swift Energy

share price

Swift Energy

share price

’11

’11

$40

$40

$40

’12

’10

’13

$20

$20

$20

’14

’09

’14

’16

’15

Amid the Great Recession, Swift Energy's stock price collapsed from $63 to $5 in just eight months. As oil production began to rebound, the company again became profitable and its share price stabilized.

Swift’s stock price began to tumble again starting in 2011 as natural-gas prices declined and as production at drilling sites lagged behind competitors.

The value of oil plummeted in late 2014, ending a prolonged period of stable and lucrative prices. Swift’s stock price fell below 25 cents, and the company was delisted by the New York Stock Exchange.

PEAK PRICE

How Swift Energy’s stock price and oil production moved hand in hand

$63.02

June 2008

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

Active oil and gas rigs

$60

$60

START

HERE

Swift Energy

share price

2008

50

50

2011

40

40

2012

30

30

Oil production fell during the

Great Recession, then

rebounded quickly.

2010

2009

20

20

2013

2014

Less than 1¢

10

10

Feb. 2016

2015

2016

0

0

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

SWIFT ENERGY STOCK PRICE

ACTIVE OIL AND GAS RIGS

$43.40

1,774

$60

2,000

40

1,000

502

20

.9¢

0

0

Jan. ’08

Feb. ’16

Jan. ’08

Feb. ’16

SOURCE: Bloomberg News, Baker Hughes.