17-May-2024
SHAREHOLDER RIGHTS ALERT: Halper Sadeh LLC Investigates AGR, SBOW, CRGY, HMNF
Globe Newswire (Sat, 18-May 8:12 AM ET)
PRNewswire (Thu, 16-May 10:52 PM ET)
PRNewswire (Thu, 16-May 8:30 PM ET)
Globe Newswire (Thu, 16-May 6:18 PM ET)
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SBOW, CRGY, HMNF, SQSP
Globe Newswire (Thu, 16-May 5:57 PM ET)
Kuehn Law Encourages CRGY, HMNF, SBOW, and SQSP Investors to Contact Law Firm
PRNewswire (Thu, 16-May 5:11 PM ET)
SOC, SBOW among major energy gainers; NRT, CRGY major losers
Seeking Alpha News (Thu, 16-May 2:05 PM ET)
Crescent Energy deal brings big opportunity in fragmented Eagle Ford, analyst says
Seeking Alpha News (Thu, 16-May 12:57 PM ET)
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SBOW, CRGY
PRNewswire (Thu, 16-May 12:21 PM ET)
Crescent Energy To Acquire SilverBow Resources In $2.1B Deal
Benzinga (Thu, 16-May 11:45 AM ET)
SilverBow Resources Inc is an independent oil and gas company. The company is focused on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk located in South Texas. The company's acreage position in each of its operating areas is highly contiguous and designed for optimal and efficient horizontal well development. Its reported oil and gas sales are comprised of revenues from oil, natural gas and natural gas liquids sales. Majority of revenue is generated from Webb County Gas field.
Silverbow Resources trades on the NYSE stock market under the symbol SBOW.
As of May 17, 2024, SBOW stock price climbed to $37.48 with 1,376,359 million shares trading.
SBOW has a beta of 1.06, meaning it tends to be more sensitive to market movements. SBOW has a correlation of 0.08 to the broad based SPY ETF.
SBOW has a market cap of $953.08 million. This is considered a Small Cap stock.
Last quarter Silverbow Resources reported $257 million in Revenue and $2.09 earnings per share. This fell short of revenue expectation by $-17 million and exceeded earnings estimates by $.48.
In the last 3 years, SBOW stock traded as high as $49.91 and as low as $14.60.
The top ETF exchange traded funds that SBOW belongs to (by Net Assets): VTI, IWM, XOP, AVUV, VXF.
SBOW has outperformed the market in the last year with a price return of +55.5% while the SPY ETF gained +29.1%. SBOW has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +34.3% and +20.9%, respectively, while the SPY returned +6.3% and +3.6%, respectively.
SBOW support price is $35.31 and resistance is $37.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SBOW stock will trade within this expected range on the day.