SilverBow Resources Inc (SilverBow Resources), formerly Swift Energy Corporation, is an independent oil and natural gas company. The company engages in the development, exploration, acquisition and operation of oil and gas properties mainly in the Eagle Ford Shale in South Texas. Its products include NGLs, crude oil and natural gas products. SilverBow Resources focuses on drilling in five fields in the Eagle Ford Shale, which include Fasken, Artesia, AWP, Oro Grande, Uno Mas and others. It also carries out the design and development of wells, and operation and maintenance activities. The company sells natural gas in the spot market on a monthly basis. SilverBow Resources is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
920 Memorial City Way, Suite 850, Houston, Texas, 77024
Website
www.sbow.com
Telephone
1 281 8742700
No of Employees
134
Industry
Energy and Utilities
Ticker Symbol & Exchange
SBOW (NYSE)
Revenue (2022)
$652.4M
-13.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-12.5%
(2022 vs 2021)
Market Cap*
$802.7M
Net Profit Margin (2022)
XYZ
1.0%
(2022 vs 2021)
* As of and is in US$
SilverBow Resources Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Service: |
| Crude Oil | Development, Exploration, Acquisition and Operation of Oil and Gas Properties |
| NGLs |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In March, the company refused US$2.1 billion takeover offer from Kimmeridge Energy Management. |
| 2024 | Others | In March, the company received a merger proposal from Kimmeridge to merge with Kimmeridge Texas Gas. |
| 2023 | Asset Purchase | In November, the company acquired Chesapeake Energy Corporation’s oil and gas assets in South Texas, the US for US$700 million. |
Competitor Comparison
| Key Parameters | SilverBow Resources Inc | Chesapeake Energy Corp | Coterra Energy Inc | Matador Resources Co | Vital Energy Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Houston | Oklahoma City | Houston | Dallas | Tulsa |
| State/Province | Texas | Oklahoma | Texas | Texas | Oklahoma |
| No. of Employees | 134 | 1,000 | 894 | 395 | 326 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marcus C Rowland | Chairman | Executive Board | 2016 | 70 |
| Sean Woolverton | Director; Chief Executive Officer | Executive Board | 2017 | 53 |
| Christopher M. Abundis | Executive Vice President; Chief Financial Officer; General Counsel | Senior Management | 2020 | 45 |
| Steven W Adam | Executive Vice President; Chief Operating Officer | Senior Management | 2017 | 68 |
| Stephen P Schmitt | Vice President - Energy Marketing | Senior Management | 2011 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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