SilverBow Resources

SilverBow Resources, Inc. engages in the exploration, development, and production of oil and gas. It is focused on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk. The firm's operations are focused in six fields: Artesia, AWP, Fasken, Eastern Eagle Food and Southern Eagle Ford Gas. The company was founded in 1979 and is headquartered in Houston, TX.

Earnings data Q3 2020

Earnings data Q4 2020

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Earnings data Q3 2024

SilverBow Resources excels in 2022, navigates production challenges

SilverBow Resources delivered a strong financial performance in 2022, underpinned by operational achievements and strategic acquisitions.
While facing challenges in production decline rates and capital allocation, the company's disciplined approach and hedging strategies provide stability.
Opportunities lie in optimizing production mix, capitalizing on growth prospects, and aligning with ESG trends to drive long-term value creation.

SilverBow Resources excels in Q1 with oil focus and efficiencies

SilverBow Resources demonstrated robust performance in Q1 2023, driven by increased oil production and operational enhancements.
The company's financial resilience, strategic hedging, and focus on free cash flow generation position it well for sustained growth.
While facing technical challenges and cost pressures, SilverBow remains agile, with opportunities for expansion through acquisitions and operational optimizations.

SilverBow Resources excels in Q2 with strong oil production and operational efficiencies

SilverBow Resources reported strong Q2 results driven by oil production, operational efficiencies, and cost reductions. Despite facing challenges like a free cash flow deficit, the company remains well-positioned with a commitment to sustainability and a focus on value creation. Opportunities for growth include optimizing operations, enhancing hedging strategies, and exploring new projects.

SilverBow Resources reports record earnings, eyes LNG expansion opportunities

SilverBow aims to deleverage below 1x by 2024 through financing strategies.
Focus on growth through consolidation in Eagle Ford and exploring Austin Chalk potential.
Optimistic outlook on gas prices and leveraging Chesapeake acquisition for growth.
Company well-prepared for LNG expansion with strong relationships and infrastructure.

SilverBow Resources excels in Q4 '23 with record cash flow

SilverBow Resources reported robust financial performance in Q4 '23, demonstrating resilience and strategic execution in a challenging market.
The company's emphasis on financial discipline, operational efficiency, and growth positions it well for sustainable success in the energy industry.
Despite facing industry challenges, SilverBow's strong balance sheet, profitable growth outlook, and focus on free cash flow signal a promising trajectory for future performance.

SilverBow Resources excels in Q1, focuses on value creation

SilverBow Resources delivered a strong Q1 2024, exceeding expectations and focusing on maximizing free cash flow and operational excellence. The company's emphasis on refrac opportunities, debt reduction, and governance changes highlights a commitment to shareholder value.
While challenges in maintaining growth amidst uncertainties exist, SilverBow Resources has opportunities to capitalize on refrac potential, engage transparently with stakeholders, and drive efficiency gains through scaling and operational improvements.
By balancing operational strengths with strategic challenges and seizing opportunities in refrac exploration and stakeholder engagement, SilverBow Resources aims to enhance margins, protect the balance sheet, and drive long-term success.

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SilverBow Resources is an independent oil and natural gas company engaged in the development, exploration, acquisition, and operation of oil and gas properties. The company focuses on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk located in South Texas.

SilverBow Resources (SBOW) came out with quarterly earnings of $1.47 per share, missing the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $7.65 per share a year ago.

SilverBow Resources (SBOW) Misses Q4 Earnings and Revenue Estimates

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 slides have been posted to SilverBow's website and can be accessed at www.sbow.com. The Company plans to host a conference call at 9 a.m. CT (10 a.m. ET) on Thursday, February 29, 2024. Participation details can be found within this release. Full Year 2023 Highlights: Generated net income of $298 m.

SilverBow Resources Announces Fourth Quarter and Full Year 2023 Results and 2024 Outlook

SilverBow (SBOW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate SilverBow Resources (SBOW) to Report a Decline in Earnings: What to Look Out for

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 and post an updated corporate presentation after market close on Wednesday, February 28, 2024. SilverBow will host a conference call to discuss its results on Thursday, February 29, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Dial-In:   1-888-415-4465 (U.S.) 1-646-960-0140 (Internationa.

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”) today announced the upsize and pricing of a previously announced underwritten public offering of its common stock (the “Offering”) by an affiliate of Strategic Value Partners, LLC (the “Selling Stockholder”). The size of the Offering increased from the previously announced 1,700,000 shares to an aggregate of 2,200,000 shares of common stock held by the Selling Stockholder. The Selling Stockholder has.

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 that an affiliate of Strategic Value Partners, LLC (the “Selling Stockholder”) intends to offer for sale 1,700,000 shares of the Company's common stock in an underwritten public offering (the “Offering”). The Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 255,000 shares. The Offering consists entirely of secondary shares to be sol.

SilverBow Resources Announces Secondary Offering of Common Stock

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 gas assets in South Texas for a purchase price of $700 million, comprised of a $650 million upfront cash payment paid at closing and an additional $50 million deferred cash payment due 12 months post close, subject to customary adjustments (the “Chesapeake Transaction”). Consideration for the purc.

SilverBow Resources Announces Closing of Chesapeake Acquisition and Provides Updated 2023 Guidance & Preliminary 2024 Outlook

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, while maintaining the industry's only poison pill NEW YORK , Nov. 30, 2023 /PRNewswire/ -- Riposte Capital LLC, one of the largest shareholders of SilverBow Resources, Inc. (NYSE: SBOW), owning approximately 6.7% of the Company's outstanding common stock, today sent the following letter to SilverBow's Board of Directors. *** SilverBow Resources, Inc.920 Memorial City Way, Suite 850 Houston, TX 77024 Attention: Board of Directors Dear Sean and Members of the Board, As significant and constructive shareholders of SilverBow Resources, Inc. (NYSE: SBOW), owning approximately 6.7% of the Company's outstanding common stock, we recognize the material unrealized value in SilverBow's assets across an important basin, and can no longer just hope that you will do better.

Riposte Capital Calls for New, Independent Directors at SilverBow Resources

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”) effective November 27, 2023. Mr. Geenberg, one of two directors nominated by Strategic Value Partners, LLC (“SVP”), has stepped down as a natural progression of SVP's sell down of its equity position in the Company. Under the current terms of the Director Nomination Agreement between SVP and the C.

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 it has been awarded a Top Workplaces 2023 honor by the Houston Chronicle. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The confidential survey uniquely measures 15 culture drivers that are critical to the success of any organization. Sean Woolverton, SilverBow's Chief Executive.

Houston Chronicle Names SilverBow Resources a Winner of Houston's Top Workplaces Award for Fourth Year in a Row

SilverBow Resources, Inc. (NYSE:SBOW ) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Corporate Participants Jeff Magids - VP, Finance and IR Sean Woolverton - Chief Executive Officer Steve Adam - Chief Operating Officer Chris Abundis - Chief Financial Officer Conference Call Participants Tim Rezvan - KeyBanc Capital Markets Charles Meade - Johnson Rice Donovan Schafer - Northland Capital Markets Noel Parks - Tuohy Brothers Jeff Robertson - Water Tower Research Operator Thank you for standing by. At this time, I would like to welcome everyone to the SilverBow Resources Third Quarter 2023 Earnings Conference Call.

SilverBow Resources, Inc. (SBOW) Q3 2023 Earnings Call Transcript

SilverBow Resources is an Eagle Ford Shale pureplay with a market capitalization of just under $1 billion. The company is focused on the Eagle Ford Shale play in South Texas and has seen significant gains in oil production growth. A study of the company's financials demonstrates that the company is generating profitable production growth in the Eagle Ford Shale.

SilverBow Resources: Growing Production Aggressively In The Eagle Ford

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: Reported net production of 357 million cubic feet of natural gas equivalent per day (“MMcfe/d”) (61% natural gas) for the third quarter of 2023, above the high end of guidance Third quarter net oil production of 15.3 thousand barrels of oil per day, within the Company's guidance range and an increase of.

SilverBow Resources Announces Third Quarter 2023 Results

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 violations of state laws. If you own SilverBow Resources stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New York, NY 1.

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

SilverBow Resources recently completed a 4 million share offering, with approximately 70% of the shares sold by the company and the remaining 30% sold by its largest shareholder. The offering resulted in approximately $97 million in net proceeds for SilverBow, helping to reduce its projected net debt to $1.2 billion at the end of 2023. I believe it is unlikely that SilverBow will institute a dividend in 2024 as it should prioritize further debt reduction.

SilverBow Resources: Reviewing The Effect Of Its Recent Equity Offering (Rating Upgrade)

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 updated corporate presentation after market close on Wednesday, November 1, 2023. SilverBow will host a conference call to discuss its results on Thursday, November 2, 2023 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Dial-In:   1-888-415-4465 (U.S.) 1-646-960-0140 (International) Request Silver.

SilverBow Resources Schedules Third Quarter 2023 Earnings Release and Conference Call

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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 common stock (the “Offering”). The size of the Offering increased from the previously announced 3,000,000 shares to an aggregate of 4,000,000 shares of the Company's common stock, which includes 2,810,811 shares offered by the Company and 1,189,189 shares offered by an affiliate of Strategic Value P.

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 that it has commenced an underwritten public offering of 3,000,000 shares of its common stock (the “Offering”), which includes 2,250,000 shares being offered by the Company and 750,000 shares being offered by an affiliate of Strategic Value Partners, LLC (the “Selling Stockholder”). The Company and the Selling Stockholder intend to grant the underwriters a 30-day option to purchase up.

SilverBow Resources Announces Proposed Public Offering of Common Stock

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 Tuesday, September 5, 2023. Sean Woolverton, SilverBow's Chief Executive Officer, is scheduled to make a presentation on September 5th at 3:00 p.m. Eastern Time (2:00 p.m. Central time). Senior management will also host one-on-one meetings with investors. The investor presentation being used will be acce.

SilverBow Resources to Present at Barclays CEO Energy-Power Conference

SilverBow Resources' (SBOW) acquisition of the Chesapeake assets marks a significant step in expanding its operational footprint and enhancing shareholder value.

SilverBow's (SBOW) South Texas Asset Buy Streak Continues

SilverBow Resources, Inc. is acquiring Chesapeake's remaining Eagle Ford assets for $700 million in cash, with additional payments based on WTI oil prices. This is being financed by additional second-lien debt and credit facility borrowings. SilverBow's production increases by around 50% as a result of this deal.

Analyzing SilverBow's $700 Million Eagle Ford Acquisition

HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) today announced it will participate in the EnerCom Denver Conference in Denver, Colorado on Tuesday, August 15, 2023. Sean Woolverton, SilverBow's Chief Executive Officer, is scheduled to make a presentation on August 15th at 10:55 a.m. Mountain Time (11:55 a.m. Central time). Senior management will also host one-on-one meetings with investors. The investor presentation being used will be accessible.

SilverBow Resources to Participate in the EnerCom Denver Conference

Chesapeake Energy

SilverBow Resources Inc (NYSE:SBOW) chief executive Sean Woolverton told investors that his company is now “the largest public pure-play Eagle Ford operator”, as it agrees to buy Chesapeake Energy's (NYSE:CHK) final remaining assets in the Eagle Ford shale play. The companies today announced a US$700 million transaction which significantly scales up SilverBow.

SilverBow Resources now largest Eagle Ford ‘pure-play' as it agrees US$700mln Chesapeake deal

Chesapeake Energy Corporation (NYSE:CHK) has exited the Eagle Ford shale, a core area of the ‘shale boom' of the 2010s, in a US$700 million transaction with  SilverBow Resources. The final asset sale in the Eagle Ford takes Chesapeake's total proceeds from the play exit to over US$3.5 billion.

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