SilverBow Resources, Inc. (SBOW) Misses Q3 EPS by $1.38, Revenues Miss

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Go back to SilverBow Resources, Inc. (SBOW) Misses Q3 EPS by $1.38, Revenues Miss

SilverBow Resources Announces Third Quarter 2020 Results

November 4, 2020 4:05 PM EST

HOUSTON--(BUSINESS WIRE)-- SilverBow Resources, Inc. (NYSE: SBOW) (SilverBow or the Company) today announced operating and financial results for the third quarter of 2020. Highlights include:

Net production averaged approximately 183 million cubic feet of natural gas equivalent per day (MMcfe/d), above the high end of guidance Reported a net loss of approximately $7 million, Adjusted EBITDA of $36 million and free cash flow ("FCF") of $9 million. Adjusted EBITDA and FCF are non-GAAP measures defined and reconciled in the tables below Anticipate full year 2020 FCF of approximately $50 million, a $5 million increase at... More