SilverBow Resources, Inc. (NYSE:SBOW) insider Sean C. Woolverton acquired 761 shares of the company’s stock in a transaction on Tuesday, January 16th. The stock was purchased at an average cost of $33.01 per share, for a total transaction of $25,120.61. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
SilverBow Resources, Inc. (NYSE:SBOW) traded down $0.05 during midday trading on Friday, hitting $32.24. 77,115 shares of the company were exchanged, compared to its average volume of 55,249. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 1.50. SilverBow Resources, Inc. has a 1 year low of $19.89 and a 1 year high of $33.80.
SilverBow Resources (NYSE:SBOW) last posted its earnings results on Monday, November 6th. The company reported $1.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.91 by $0.21. SilverBow Resources had a net margin of 23.27% and a return on equity of 30.10%. research analysts forecast that SilverBow Resources, Inc. will post 5.5 EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently bought and sold shares of SBOW. Nationwide Fund Advisors purchased a new position in shares of SilverBow Resources in the 2nd quarter valued at $104,000. Acadian Asset Management LLC purchased a new position in shares of SilverBow Resources in the 4th quarter valued at $109,000. SG Americas Securities LLC purchased a new position in shares of SilverBow Resources in the 2nd quarter valued at $148,000. The Manufacturers Life Insurance Company purchased a new position in shares of SilverBow Resources in the 2nd quarter valued at $157,000. Finally, Bank of Montreal Can purchased a new position in shares of SilverBow Resources in the 4th quarter valued at $158,000. 30.06% of the stock is currently owned by hedge funds and other institutional investors.
SilverBow Resources Company Profile
SilverBow Resources is a Houston-based energy company actively engaged in the exploration, development, and production of oil and gas from the Eagle Ford Shale in South Texas. With almost 30 years of history operating in South Texas, the Company possesses a significant understanding of regional reservoirs which they leverage to assemble drilling inventory.
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