SilverBow Resources, Inc. (SBOW)

NYSE: SBOW · IEX Real-Time Price · USD
38.02
+0.48 (1.28%)
Jul 2, 2024, 4:00 PM EDT - Market closed
1.28%
Market Cap 970.97M
Revenue (ttm) 769.08M
Net Income (ttm) 187.70M
Shares Out 25.54M
EPS (ttm) 7.85
PE Ratio 4.84
Forward PE 4.77
Dividend n/a
Ex-Dividend Date n/a
Volume 752,605
Open 37.92
Previous Close 37.54
Day's Range 37.60 - 38.13
52-Week Range 25.19 - 43.95
Beta 2.53
Analysts Buy
Price Target 44.00 (+15.73%)
Earnings Date Jul 31, 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]

Sector Energy
Founded 1979
Employees 134
Stock Exchange NYSE
Ticker Symbol SBOW
Full Company Profile

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 Statements

Analyst 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 15.73% from the latest price.

Price Target
$44.0
(15.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SILVERBOW RESOURCES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SilverBow Resources, Inc. - SBOW

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of SilverBow Resour...

Other symbols: CRGY
6 hours ago - Business Wire

URGENT SHAREHOLDER UPDATE: The M&A Class Action Firm Investigates Merger and Imminent Vote of SilverBow Resources, Inc. - SBOW

NEW YORK , July 2, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securitie...

7 hours ago - PRNewsWire

Crescent Energy and SilverBow Resources Announce Expiration of Hart-Scott-Rodino Act Waiting Period

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") and SilverBow Resources, Inc. (NYSE: SBOW) ("SilverBow") today announced the expiration of the waiting peri...

Other symbols: CRGY
15 hours ago - Business Wire

Crescent Energy Among The 'Very Best' E&P Companies, Says Analyst: SilverBow Deal Offers 'Clear Synergies'

Crescent Energy Co CRGY inked an agreement to acquire SilverBow Resources Inc SBOW for $2.1 billion.

Other symbols: CRGY
5 days ago - Benzinga

Acquisition Premiums Return To The Oil Patch

The shale industry is showing signs of maturity. Some acquisition trends appear to be burgeoning, such as acquisition premiums, more debt, and looser hedging requirements.

Other symbols: CVXXOMHES
13 days ago - Forbes

INVESTIGATION: The M&A Class Action Firm Investigates Merger of SilverBow Resources, Inc. – SBOW

NEW YORK, June 14, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Secur...

18 days ago - GlobeNewsWire

SilverBow Resources Shareholders Re-Elect All SilverBow Director Nominees at 2024 Annual Meeting of Shareholders

HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that SilverBow shareholders have voted to re-elect all three of the Company's director n...

4 weeks ago - Business Wire

Kimmeridge Withdraws Independent Nominees to SilverBow's Board Following Company's Definitive Agreement with Crescent Energy

NEW YORK and DENVER , May 22, 2024 /PRNewswire/ -- Kimmeridge, an alternative asset manager focused on the energy sector and the largest shareholder of SilverBow Resources (NYSE: SBOW) ("SilverBow" or...

5 weeks ago - PRNewsWire

SILVERBOW RESOURCES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SilverBow Resources, Inc. - SBOW

NEW ORLEANS , May 16, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Other symbols: CRGY
6 weeks ago - PRNewsWire

INVESTIGATION: The M&A Class Action Firm Announces An Investigation of SilverBow Resources, Inc. - SBOW

NEW YORK , May 16, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securitie...

6 weeks ago - PRNewsWire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SBOW, CRGY

NEW YORK , May 16, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches ...

Other symbols: CRGY
6 weeks ago - PRNewsWire

Shareholder Alert: Ademi LLP investigates whether SilverBow Resources, Inc. has obtained a Fair Price in its Transaction with Crescent Energy

MILWAUKEE , May 16, 2024 /PRNewswire/ -- Ademi LLP is investigating SilverBow (NYSE: SBOW) for possible breaches of fiduciary duty and other violations of law in its transaction with Crescent Energy. ...

6 weeks ago - PRNewsWire

SilverBow Resources to Adjourn Annual Meeting of Shareholders Until May 29, 2024

HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that the Company intends to adjourn, without commencing any business, its 2024 Annual Me...

6 weeks ago - Business Wire

Crescent Energy to Acquire SilverBow in $2.1B Deal

SilverBow Resources has agreed to be acquired by its Houston-based rival Crescent Energy in a deal valued at $2.1 billion.

Other symbols: CRGY
6 weeks ago - WSJ

SBOW Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of SilverBow Resources, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of SilverBow Resources, Inc. (NYSE: SBOW) to Crescent Energy Company is fair to SilverBow sh...

6 weeks ago - Business Wire

Crescent Energy to Acquire SilverBow Resources for $2.1 Billion, Creating a Leading Growth Through Acquisition Company with a Premier Eagle Ford Position

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) and SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow”), today announced that they have entered into a def...

Other symbols: CRGY
6 weeks ago - Business Wire

Crescent Energy nears $2.1 billion deal for SilverBow, Bloomberg News reports

Oil and gas producer Crescent Energy is in advanced talks to buy SilverBow Resources that values it at $2.1 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.

Other symbols: CRGY
6 weeks ago - Reuters

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...

7 weeks ago - Business Wire

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...

2 months ago - Forbes

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Reuters

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...

2 months ago - Business Wire