SilverBow Resources, Inc. (SBOW) Tops Q4 Revenues Estimates

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Go back to SilverBow Resources, Inc. (SBOW) Tops Q4 Revenues Estimates

SilverBow Resources Announces Fourth Quarter and Full Year 2018 Results; 2019 Capital Program and Guidance

February 27, 2019 4:05 PM EST

HOUSTON--(BUSINESS WIRE)-- SilverBow Resources, Inc. (NYSE: SBOW) (SilverBow or the Company) today announced operating and financial results for the fourth quarter and full year 2018.

Highlights for the fourth quarter include:

Net production averaged approximately 227 million cubic feet of natural gas equivalent per day (MMcfe/d), an 18% increase over third quarter Revenues of $88.2 million, up 36% from third quarter on crude oil and natural gas realizations of 104% and 105% of WTI and Henry Hub, respectively, excluding hedging Net Income of $56.8 million... More