SilverBow Resources, Inc. (SBOW)

NYSE: SBOW · IEX Real-Time Price · USD
36.62
+4.27 (13.20%)
At close: May 16, 2024, 4:00 PM
36.73
+0.11 (0.30%)
After-hours: May 16, 2024, 7:48 PM EDT
13.20%
Market Cap 935.22M
Revenue (ttm) 769.08M
Net Income (ttm) 187.70M
Shares Out 25.54M
EPS (ttm) 7.85
PE Ratio 4.66
Forward PE 4.31
Dividend n/a
Ex-Dividend Date n/a
Volume 5,117,780
Open 35.66
Previous Close 32.35
Day's Range 35.00 - 37.62
52-Week Range 22.14 - 43.95
Beta 2.53
Analysts Buy
Price Target 44.00 (+20.15%)
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 $44.0, which is an increase of 20.15% from the latest price.

Price Target
$44.0
(20.15% 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 , May 16, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Other symbols: CRGY
2 hours 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...

5 hours 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
13 hours 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. ...

14 hours 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...

16 hours ago - Business Wire

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...

17 hours 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
18 hours 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
19 hours 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 days 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...

10 days 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...

10 days 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...

15 days 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...

17 days 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...

24 days 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.

4 weeks 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 weeks 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...

5 weeks 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
5 weeks 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.

6 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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 ...

2 months 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...

2 months 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...

2 months ago - Reuters