Revisit SilverBow Resources After Rights Resolution Expires

Laura Starks
4.63K Followers

Summary

  • SilverBow Resources is a $471 million market cap Eagle Ford natural gas and oil company, down from a $770 million market cap in mid-November, 2022.
  • SilverBow does not pay a dividend nor does it offer a share buyback program.
  • Net-zero activist investor Kimmeridge Energy owns a significant position in the company’s equity, apparently for implementing a takeover. SilverBow adopted a poison pill defense, leading to a standoff for now.

Fracking American Shale Well -Eagle Ford Basin Oil

FreezeFrames

Global concerns (see Macro below) are swamping the market; however, with the downturn, it is worth determining what stocks might be value buys. This latter is affected by an investor’s overall contextual view of future interest rate moves and the likelihood of recession or

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This article was written by

Laura Starks
4.63K Followers
Laura Starks is the founder and CEO of Starks Energy Economics, LLC (since 2007). She has a degree in chemical engineering and an MBA with a concentration in finance which she has used for many years to invest personally and to share her ideas about energy companies. Her coverage includes utilities, independent power producers, energy service companies and contractors, a few petrochemical companies, and all sectors of oil and natural gas: upstream, midstream, and downstream

Analyst’s Disclosure:I/we have a beneficial long position in the shares of COP, CVX, DVN, EOG, ESTE, CHK, XOM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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