SBOW - Earnings announcements

Combined company to be the second largest operator in the Eagle Ford Creates leading mid-cap E&P with scaled, balanced portfolio of high-quality assets Substantial free cash flow generation with disciplined capital allocation framework Well-positioned for further growth through accretive, returns-driven M&A Crescent Energy Company (NYSE:CRGY) ("Crescent" or the "Company") and SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow"), today announced that they have entered into a definitive agreement pursuant to which Crescent will acquire SilverBow in a transaction valued at $2.1 billion. The transaction will create a scaled company with a balanced portfolio of high-quality and long-life

Results top consensus expectations driven by higher production and lower capital expenditures generating record quarterly EBITDA and strong quarterly free cash flow Total debt reduced by $178 million since closing its South Texas acquisition in late 20231; First quarter 2024 leverage ratio of 1.35x2 lower than pre-acquisition announcement Year-to-date outperformance leads to increase in full-year production expectations and free cash flow outlook SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or the "Company") today announced operating and financial results for the first quarter of 2024. An updated corporate presentation has been posted to SilverBow's website and can be accessed a

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 updated corporate presentation after market close on Wednesday, May 1, 2024. SilverBow will host a conference call to discuss its results on Thursday, May 2, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Dial-In:     1-800-715-9871 (U.S.) 1-646-307-1963 (International) Request SilverBow Resources First Quarter 2024 Earnings Conference Call Conference ID: 5582880 Webcast:     Live and rebroadcast over the internet at:       https://events.q4inc.com

2023 performance advances business strategy with strong free cash flow generation, efficient production growth and lower than expected capital investments 2024 outlook to benefit from recent transformational acquisition that brings efficient, high-margin production, product diversification, additional capital efficiencies, free cash flow generation and balance sheet flexibility 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

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 (International) Request SilverBow Resources Fourth Quarter and Full Year 2023 Earnings Conference Call Conference ID: 5410161   Webcast:   Live and rebroadcast over

Announced agreement to acquire certain South Texas assets from Chesapeake for $700 million Third quarter net production above high end of guidance; Oil production increased 23% quarter-over-quarter Reduced total debt by $78 million quarter-over-quarter Increased full year 2023 free cash flow guidance to $20-$40 million 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 oi

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 SilverBow Resources Third Quarter 2023 Conference Call Conference ID: 5410161 Webcast:   Live and rebroadcast over the internet at:     https://events.q4inc.com/atte

Accelerates SilverBow's Long-Term Strategic Objectives SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today that it has entered into an agreement (the "Purchase Agreement") to acquire Chesapeake Energy Corporation's ("Chesapeake") oil and gas assets in South Texas (the "Chesapeake South Texas Assets") for a purchase price of $700 million, comprised of a $650 million upfront cash payment due at closing and an additional $50 million deferred cash payment due 12 months post close, subject to customary adjustments (the "Chesapeake Transaction"). Chesapeake may also receive up to $50 million in additional contingent cash consideration based on future commodity p

Second quarter equivalent net production at high end of guidance, with oil production exceeding guidance Production increased approximately 40% year-over-year Lowering full year 2023 capex guidance by 10% Introducing full year 2023 Free Cash Flow guidance of $10-$30 million Announcing strategic advancements in Webb County gas play: Entered into pipeline gathering agreements to support multi-year development plan and added 2,200 net acres to position via leasing SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or the "Company") today announced operating and financial results for the second quarter of 2023. Highlights include: Reported net production of 330 million cubic feet o

SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today it will release financial and operating results for second quarter 2023 and post an updated corporate presentation after market close on Wednesday, August 2, 2023. SilverBow will host a conference call to discuss its results on Thursday, August 3, 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 SilverBow Resources Second Quarter 2023 Conference Call Conference ID: 5410161 Webcast:   Live and rebroadcast over the internet at:     https://events.q4inc.com/attend

First quarter production increased 35% year-over-year Two-rig oil development program accelerates oil growth through year-end Continued cycle time improvements driving greater capital efficiencies SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or the "Company") today announced operating and financial results for the first quarter of 2023. Highlights include: Reported net production of 304 million cubic feet of natural gas equivalent per day ("MMcfe/d") (66% natural gas) for the first quarter of 2023, at the midpoint of guidance First quarter net oil production of 11.4 thousand barrels of oil per day, above the midpoint of guidance and an increase of 138% year-over-year Re

SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today it will release financial and operating results for first quarter 2023 and post an updated corporate presentation after market close on Wednesday, May 3, 2023. SilverBow will host a conference call to discuss its results on Thursday, May 4, 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 SilverBow Resources First Quarter 2023 Conference Call Conference ID: 5410161 Webcast:   Live and rebroadcast over the internet at:     https://events.q4inc.com/attendee/26760

Full year 2022 production increased 26% year-over-year; oil production increased 80% Over 650 high return drilling locations provide 10+ years of inventory life 2023 capital budget supports two-rig drilling program focused on oil development Full year 2023 production guidance implies ~25% growth year-over-year SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") today announced operating and financial results for the fourth quarter and full year 2022. Highlights include: Reported net production of 315 million cubic feet of natural gas equivalent per day ("MMcfe/d") (66% natural gas) for the fourth quarter of 2022; oil and natural gas liquids ("NGL") production above th

SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today it will release financial and operating results for the fourth quarter and full year 2022 and post an updated corporate presentation after market close on Wednesday, March 1, 2023. SilverBow will host a conference call to discuss its results on Thursday, March 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 SilverBow Resources' Fourth Quarter and Year End 2022 Conference Call Conference ID: 5410161 Webcast:   Live and rebroadcast over the internet at:     https://events.q4inc.com/attende

SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today it will release financial and operating results for the third quarter 2022 and post an updated corporate presentation after market close on Wednesday, November 2, 2022. SilverBow will host a conference call to discuss its results on Thursday, November 3, 2022 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 SilverBow Resources Third Quarter 2022 Earnings Conference Call Conference ID: 5410161 Webcast:   Live and rebroadcast over the internet at:     https://events.q4inc.com/attendee/994872485 h

Successfully closed two acquisitions adding scale New Austin Chalk wells continuing to outperform; additional development planned for second half of 2022 Targeting leverage ratio of approximately 1.0x by year-end 2022 Significant production ramp expected into 2023; projected 2023 Free Cash Flow Yield >25% SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or the "Company") today announced operating and financial results for the second quarter of 2022. Highlights include: Reported net production of 238 million cubic feet of natural gas equivalent per day ("MMcfe/d") (78% natural gas) for the second quarter of 2022 Reported net income of $89 million, which includes a net unrealized ga

SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today it will release financial and operating results for the second quarter 2022 and post an updated corporate presentation after market close on Wednesday, August 3, 2022. SilverBow will host a conference call to discuss its results on Thursday, August 4, 2022 at 11:00 a.m. Central Time (12:00 p.m. Eastern Time). Dial-In:   1-888-415-4465 (U.S.) 1-646-960-0140 (International) Request SilverBow Resources Second Quarter 2022 Earnings Conference Call Conference ID: 5410161 Webcast:   Live and rebroadcast over the internet at:     https://events.q4inc.com/attendee

Expansion of Eagle Ford position through accretive acquisitions Continued success with Austin Chalk delineation Reduced total debt by $27 million quarter-over-quarter Targeting leverage ratio of less than 1.0x by year-end 2022 SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or the "Company") today announced operating and financial results for the first quarter of 2022. Highlights include: Reported net production of 226 million cubic feet of natural gas equivalent per day ("MMcfe/d") (77% natural gas) for the first quarter of 2022, at the midpoint of guidance Reported a net loss of $64 million, which includes a net unrealized loss on the value of the Company's derivative contract

SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today it will release financial and operating results for the first quarter 2022 and post an updated corporate presentation after market close on Wednesday, May 4, 2022. SilverBow will host a conference call to discuss its results on Thursday, May 5, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Dial-In:   1-833-772-0370 (U.S.) 1-236-738-2241 (International) Request SilverBow Resources First Quarter 2022 Earnings Conference Call Conference ID: 3815289 Webcast:   Live and rebroadcast over the internet at:     https://events.q4inc.com/attendee/547664883 https://www.

Full year 2021 free cash flow of $84 million and free cash flow yield of 22% Year-end 2021 PV-10 of $1.8 billion, a 245% increase year-over-year Year-end 2021 leverage ratio of 1.25x Full year 2022 production guidance implies ~15% growth year-over-year Full year 2022 free cash flow guidance of $70-$100 million1 SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") today announced operating and financial results for the fourth quarter and full year 2021. Highlights include: Reported net production of 250 million cubic feet of natural gas equivalent per day ("MMcfe/d") (74% natural gas) for the fourth quarter of 2021, at the high end of guidance. Oil and gas sales increa

SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today it will release financial and operating results for the fourth quarter and full year 2021 and post an updated corporate presentation after market close on Wednesday, March 2, 2022. SilverBow will host a conference call to discuss its results on Thursday, March 3, 2022 at 11:00 a.m. Central Time (12:00 p.m. Eastern Time). Dial-In:   1-888-415-4465 (U.S.) 1-646-960-0140 (International) Request SilverBow Resources Fourth Quarter and Full Year 2021 Earnings Conference Call Conference ID: 5410161 Webcast:   Live and rebroadcast over the internet at:     https:/

Raising full year 2021 free cash flow guidance to $80-$90 million1 Announced three accretive acquisitions which add over five rig-years of inventory Continued success with Austin Chalk delineation Targeting leverage ratio of ~1.25x by year-end 2021 SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or the "Company") today announced operating and financial results for the third quarter of 2021. Highlights include: Net production of 212 million cubic feet of natural gas equivalent per day ("MMcfe/d"). Net oil production of 4,000 barrels per day ("Bbls/d"), above the high end of guidance and a 46% increase quarter-over-quarter Full year 2021 production guidance range increased to 210-2

SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today it will release financial and operating results for the third quarter 2021 and post an updated corporate presentation after market close on Wednesday, November 3, 2021. SilverBow will host a conference call to discuss its results on Thursday, November 4, 2021 at 11:00 a.m. Central Time (12:00 p.m. Eastern Time). Dial-In:   1-833-772-0370 (U.S.) 1-236-738-2241 (International) Request SilverBow Resources 3rd Quarter 2021 Earnings Conference Call Conference ID: 1239153 Webcast:   Live and rebroadcast over the internet at:     https://event.on24.com/wcc/r/3490102/A7884077F3C

Increasing full year 2021 production and free cash flow guidance Lowering full year 2021 per unit expense guidance Continuing to de-lever balance sheet Acquiring non-operated working interest and high rate of return acreage at La Mesa SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or the "Company") today announced operating and financial results for the second quarter of 2021. Highlights include: Net production of 213 million cubic feet of natural gas equivalent per day ("MMcfe/d"), at high end of guidance Full year 2021 production guidance range increased to 200-210 MMcfe/d, an 8% increase at the midpoint Full year 2021 free cash flow ("FCF") guidance range increased to $45-

SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today it will release financial and operating results for the second quarter 2021 and post an updated corporate presentation after market close on Wednesday, August 4, 2021. SilverBow will host a conference call to discuss its results on Thursday, August 5, 2021 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Dial-In:   1-833-772-0370 (U.S.) 1-236-738-2241 (International) Request SilverBow Resources 2nd Quarter 2021 Earnings Conference Call Conference ID: 1246439 Webcast:   Live and rebroadcast over the internet at:     https://event.on24.com/wcc/r/3190240/00074C22DCE95