SilverBow Resources, Inc. (SBOW)
| Market Cap | 826.17M |
| Revenue (ttm) | 769.08M |
| Net Income (ttm) | 187.70M |
| Shares Out | 25.54M |
| EPS (ttm) | 7.85 |
| PE Ratio | 4.13 |
| Forward PE | 3.81 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 273,953 |
| Open | 32.58 |
| Previous Close | 32.55 |
| Day's Range | 32.01 - 32.86 |
| 52-Week Range | 22.14 - 43.95 |
| Beta | 2.53 |
| Analysts | Buy |
| Price Target | 44.00 (+36.01%) |
| Earnings Date | May 1, 2024 |
About SBOW
SilverBow Resources, Inc., an independent oil and gas company, exploration, develops, acquires, and operates oil and natural gas properties in the Eagle Ford shale and Austin Chalk located in South Texas. The company was formerly known as Swift Energy Company and changed its name to SilverBow Resources, Inc. in May 2017. SilverBow Resources, Inc. was founded in 1979 and is headquartered in Houston, Texas. [Read more]
Financial Performance
In 2023, SBOW's revenue was $652.36 million, a decrease of -13.41% compared to the previous year's $753.42 million. Earnings were $297.72 million, a decrease of -12.55%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for SBOW stock is "Buy." The 12-month stock price forecast is $44.0, which is an increase of 36.01% from the latest price.
News
Leading Independent Proxy Advisory Firms ISS and Glass Lewis Both Recommend that SilverBow Resources Shareholders Vote “FOR” the Re-Election of SilverBow's Three Director Nominees
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), t...
SilverBow's Shareholder Brawl
It is an election year, and the battle is on. SilverBow Resources, a publicly traded oil and gas company operating in South Texas' Eagle Ford shale, is wrapped up in a big conflict with some of its ow...
SilverBow Resources Mails Letter to Shareholders Highlighting Proven M&A Strategy Overseen by Highly Experienced Board
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today mailed a letter to shareholders in connection with the Company's 2024 Annual Meeting of Shareholde...
SilverBow Resources Announces First Quarter 2024 Financial and Operating Results
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced operating and financial results for the first quarter of 2024. An updated corporate pres...
SilverBow Resources Successfully Executing Strategic Priorities to Drive Shareholder Value
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today released an investor presentation and mailed a letter to shareholders in connection with the Compa...
SilverBow Resources Sends Letter to Shareholders Highlighting Path Forward for Value Creation
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today mailed a letter to shareholders in connection with the Company's 2024 Annual Meeting of Shareholde...
Kimmeridge withdraws merger proposal for SilverBow
Kimmeridge Energy Management said on Tuesday it has withdrawn its proposal to combine its gas-producing assets in South Texas with SilverBow Resources.
SilverBow Resources Schedules First Quarter 2024 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today it will release financial and operating results for first quarter 2024 and post an updat...
SilverBow Resources Announces Filing of Definitive Proxy Statement and Mails Letter to Shareholders
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that it has filed its definitive proxy materials with the U.S. Securities and Exchange C...
PartnerCentric Soars With 200% YoY Client Growth, Secures impact.com Diamond Partner Status
NEW YORK--(BUSINESS WIRE)--PartnerCentric, the largest US independent partnership marketing agency, announces a year of achievements, culminating in +200% YoY new clients.
Kimmeridge ready to negotiate proposed offer for SilverBow after latest rebuff
Kimmeridge Energy Management said on Monday that it remained ready to engage with SilverBow Resources over its takeover offer for the U.S. oil and gas producer.
SilverBow Resources rejects Kimmeridge's latest $2.1 billion takeover offer
SilverBow Resources said on Thursday it has rejected largest shareholder Kimmeridge Energy Management's latest offer that valued the oil and gas producer at $2.1 billion, including debt, in the latest...
SilverBow Resources Highlights Successful Implementation of Strategy and Positive Business Momentum
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today filed its preliminary proxy statement with the U.S. Securities and Exchange Commission in connecti...
SilverBow Resources Announces Appointment of Leland T. Jourdan to the Board of Directors; Christoph O.
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today that Leland “Lee” T. Jourdan has been appointed to the SilverBow Board of Directors (the...
Riposte Capital Issues Statement in Support of Kimmeridge's Proposal to Combine Kimmeridge Texas Gas with SilverBow Resources
NEW YORK , March 21, 2024 /PRNewswire/ -- Riposte Capital LLC, one of the largest shareholders of SilverBow Resources, Inc. (NYSE: SBOW), owning approximately 9.9% of the Company's outstanding common ...
SilverBow Resources Confirms Receipt of Proposal from Kimmeridge
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) today confirmed that it has received a proposal from Kimmeridge Energy Management (“Kimmeridge”) with respect to a potential transactio...
Kimmeridge makes new $2.1 bln offer for SilverBow, sources say
Kimmeridge Energy Management has submitted a new offer to acquire SilverBow Resources that values the U.S. oil and gas producer at close to $2.1 billion, including debt, according to people familiar w...
SilverBow Resources Announces Fourth Quarter and Full Year 2023 Results and 2024 Outlook
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) today announced operating and financial results for the fourth quarter and full year 2023. Supplemental ...
SilverBow Resources Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today it will release financial and operating results for fourth quarter and full year 2023 an...
SilverBow Resources Announces Upsize and Pricing of Secondary Offering of Common Stock
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced the upsize and pricing of a previously announced underwritten public offering of its com...
SilverBow Resources Announces Secondary Offering of Common Stock
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that an affiliate of Strategic Value Partners, LLC (the “Selling Stockholder”) intends t...
SilverBow Resources Announces Closing of Chesapeake Acquisition and Provides Updated 2023 Guidance & Preliminary 2024 Outlook
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today the closing of its acquisition of Chesapeake Energy Corporation's (“Chesapeake”) oil and...
Riposte Capital Calls for New, Independent Directors at SilverBow Resources
Current Board has proven itself incapable of being credible stewards of capital or proper corporate governance SilverBow trades at a 50% discount to peers & continues to pursue dilutive transactions,...
SilverBow Resources Announces Appointment of Ellen R. DeSanctis to the Board of Directors; David Geenberg Stepping Down
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today that David Geenberg has stepped down from the Company's Board of Directors (“the Board”)...
Houston Chronicle Names SilverBow Resources a Winner of Houston's Top Workplaces Award for Fourth Year in a Row
HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today it has been awarded a Top Workplaces 2023 honor by the Houston Chronicle. The list is ba...