SilverBow Resources, Inc.

Equities

SBOW

US82836G1022

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
32.03 ^USD	+1.84%		+6.55%	+10.14%

Apr. 22	SilverBow Resources Issues a Letter to the Shareholders	CI
Apr. 17	Kimmeridge Energy Management Withdraws Proposal to Combine Silverbow Resources with Kimmeridge Texas Gas	CI

SilverBow Resources rejects Kimmeridge's $2.1 billion takeover offer

March 28, 2024 at 08:38 am EDT

March 28 (Reuters) - 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 rebuff of the asset manager's efforts. (Reporting by Vallari Srivastava and Sourasis in Bengaluru; Editing by Sriraj Kalluvila and Shilpi Majumdar)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BRENT CRUDE OIL SPOT	88.07 USD	+0.10%	+1.75%	-
WTI	83.53 USD	0.00%	+1.68%	-
SILVERBOW RESOURCES, INC.	32.03 USD	+1.84%	+6.55%	818M

Latest news about SilverBow Resources, Inc.

SilverBow Resources Issues a Letter to the Shareholders	Apr. 22	CI
Kimmeridge Energy Management Withdraws Proposal to Combine Silverbow Resources with Kimmeridge Texas Gas	Apr. 16	CI
Sector Update: Energy Stocks Slipping in Late Tuesday Afternoon Trading	Apr. 16	MT
Sector Update: Energy Stocks Decline in Tuesday Afternoon Trading	Apr. 16	MT
Sector Update: Energy	Apr. 16	MT
SilverBow Shares Fall After Kimmeridge Withdraws Merger Proposal	Apr. 16	MT
Kimmeridge Withdraws SilverBow Merger Proposal	Apr. 16	MT
Kimmeridge Withdraws SilverBow Merger Proposal	Apr. 16	MT
Kimmeridge withdraws takeover proposal for SilverBow	Apr. 16	RE
Kimmeridge Energy Management Provides Information to Shareholders of SilverBow Resources	Apr. 11	CI
Kimmeridge Energy Management Solicits Proxies from Shareholders of SilverBow Resources	Apr. 11	CI
Kimmeridge Energy Management Solicits Proxies from Shareholders of SilverBow Resources	Apr. 10	CI
SilverBow seeks more information from Kimmeridge over South Texas gas assets	Apr. 10	RE
SilverBow Resources Issues a Letter to Kimmeridge Energy Management Company	Apr. 10	CI
Kimmeridge Energy Management Solicits Proxies from Shareholders of SilverBow Resources	Apr. 09	CI
Kimmeridge Energy Management Provides Information to Shareholders of SilverBow Resources	Apr. 09	CI
SilverBow Resources Files Definitive Proxy Statement with Securities and Exchange Commission	Apr. 09	CI
Kimmeridge Energy Management Issues an Open Letter to Shareholders of SilverBow Resources	Apr. 01	CI
Kimmeridge ready to negotiate proposed offer for SilverBow after latest rebuff	Apr. 01	RE
Kimmeridge Energy Management Solicits Proxies from Shareholders of SilverBow Resources	Mar. 29	CI
Sector Update: Energy Stocks Higher in Late Wednesday Afternoon Trading	Mar. 28	MT
Sector Update: Energy Stocks Gain in Thursday Afternoon Trading	Mar. 28	MT
Sector Update: Energy	Mar. 28	MT
SilverBow Resources Says Kimmeridge's Proposal 'Substantially Undervalues' Company	Mar. 28	MT
SilverBow Resources rejects Kimmeridge's $2.1 billion takeover offer	Mar. 28	RE

Chart SilverBow Resources, Inc.

Duration

Period

More charts

Company Profile

SilverBow Resources, Inc. is an energy company. The Company explores, develops, and produces oil and gas in the Eagle Ford Shale and Austin Chalk in South Texas where it has assembled approximately 222,000 net acres across five operating areas. Its operating areas include Webb County Gas, Western Condensate, Southern Eagle Ford, Central Oil and Eastern Extension. As operator, it designs and manages the development of a well and supervises operation and maintenance activities on a day-to-day basis. The Company has gas gathering agreements with Howard Energy Partners providing for the transportation of its Eagle Ford and Austin Chalk production on the pipeline from its Fasken, Rio Bravo, La Mesa and Northern Webb areas to the Kinder Morgan Texas Pipeline, Eagle Ford Midstream or Howard's Impulsora Pipeline (Nueva Era). It has an agreement with Eagle Ford Gathering LLC that provides for the gathering and processing for almost all of its natural gas production in the Artesia area.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-01 - Q1 2024 Earnings Release

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for SilverBow Resources, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

32.03 USD

Average target price

45.67 USD

Spread / Average Target

+42.57%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Exploration and Production

	1st Jan change	Capi.
SILVERBOW RESOURCES, INC.	+10.14%	818M
CHEVRON CORPORATION	+11.22%	306B
CONOCOPHILLIPS	+12.21%	153B
CNOOC LIMITED	+51.38%	124B
CANADIAN NATURAL RESOURCES LIMITED	+22.70%	83.43B
EOG RESOURCES, INC.	+12.20%	78.06B
PIONEER NATURAL RESOURCES COMPANY	+19.56%	62.81B
OCCIDENTAL PETROLEUM CORPORATION	+13.52%	60.08B
HESS CORPORATION	+12.74%	49.91B
DIAMONDBACK ENERGY, INC.	+33.97%	37.05B

Other Oil & Gas Exploration and Production