SilverBow Resources, Inc. (SBOW)

NYSE: SBOW · IEX Real-Time Price · USD
29.67
-0.34 (-1.13%)
At close: Apr 18, 2024, 4:00 PM
29.86
+0.19 (0.64%)
Pre-market: Apr 19, 2024, 8:00 AM EDT
-1.13%
Market Cap 757.29M
Revenue (ttm) 652.36M
Net Income (ttm) 297.72M
Shares Out 25.52M
EPS (ttm) 12.63
PE Ratio 2.35
Forward PE 3.80
Dividend n/a
Ex-Dividend Date n/a
Volume 344,770
Open 30.18
Previous Close 30.01
Day's Range 29.34 - 30.56
52-Week Range 21.08 - 43.95
Beta 2.53
Analysts Buy
Price Target 43.17 (+45.5%)
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]

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 $43.17, which is an increase of 45.50% from the latest price.

Price Target
$43.17
(45.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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Kimmeridge Energy Management said on Tuesday it has withdrawn its proposal to combine its gas-producing assets in South Texas with SilverBow Resources.

3 days 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...

4 days ago - Business Wire

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...

10 days ago - Business Wire

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.

Other symbols: VSTS
10 days ago - Business Wire

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.

18 days ago - Reuters

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...

22 days ago - Reuters

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...

22 days ago - Business Wire

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...

22 days ago - Business Wire

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 ...

4 weeks ago - PRNewsWire

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...

5 weeks ago - Business Wire

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...

5 weeks ago - Reuters

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 ...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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,...

5 months ago - PRNewsWire

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”)...

5 months ago - Business Wire

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...

5 months ago - Business Wire

SilverBow Resources Announces Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced operating and financial results for the third quarter of 2023. Highlights include: Repor...

6 months ago - Business Wire

Glancy Prongay & Murray LLP Announces Investigation of SilverBow Resources, Inc. (SBOW)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of SilverBow Resources, Inc. (NYSE: SBOW) concerning the Company and its directors' and officers' possible vi...

6 months ago - Business Wire

SilverBow Resources Schedules Third Quarter 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 third quarter 2023 and post an updat...

6 months ago - Business Wire

SilverBow Resources Announces Upsize and Pricing of Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced the upsize and pricing of its previously announced underwritten public offering of its c...

7 months ago - Business Wire

SilverBow Resources Announces Proposed Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that it has commenced an underwritten public offering of 3,000,000 shares of its common ...

7 months ago - Business Wire

SilverBow Resources to Present at Barclays CEO Energy-Power Conference

HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) today announced it will take part in the Barclays CEO Energy-Power Conference in New York City on Tuesda...

8 months ago - Business Wire