The New York Stock Exchange (NYSE) issued a letter of reprimand to Swift Energy Co., on Friday two weeks ago. It was a long time coming.

The letter underlined the share prices of the Houston-based energy company. For 30 consecutive days, the price had hovered around 96 US cents per sharebelow the minimum price of US$1 per share.

"Swift must meet the standards if it wishes to remain listed on the stock exchange," the NYSE stated in the letter, which w