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2morrowsGains

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2morrowsGains

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Re: researcher59 post# 112654

Wednesday, 05/01/2024 4:34:30 PM

Wednesday, May 01, 2024 4:34:30 PM

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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

Year-to-date outperformance leads to increase in full-year production expectations and free cash flow outlook
https://ih.advfn.com/stock-market/NYSE/silverbow-resources-SBOW/stock-news/93762382/silverbow-resources-announces-first-quarter-2024-f


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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