SBOW...Earnings are out. I'm not an o&g expert, but at first glance, the report looks good... (adj EPS $2.09)
SilverBow Resources Announces First Quarter 2024 Financial and Operating Results
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
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