SilverBow Resources, Inc. (SBOW) Reports 1Q Revenues Miss

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SilverBow Resources Announces Revised Full Year Plans and First Quarter 2020 Results

May 6, 2020 4:05 PM EDT

Significantly reduces current year capital and operating expenses

Plans to curtail production during second quarter as a result of deteriorating commodity markets

Doubles acreage position in Eagle Ford dry gas window to 165,000 net acres

Ability to pivot to gas development capital program in late 2020 and early 2021

Targeting free cash flow yield greater than 75% for full year 2020

HOUSTON--(BUSINESS WIRE)-- SilverBow Resources, Inc. (NYSE: SBOW) (SilverBow or the Company) today announced revised full year plans and first... More