SilverBow Resources, Inc. (NYSE:SBOW – Get Rating) Director Strategic Value Partners, Llc sold 81,448 shares of the business's stock in a transaction dated Monday, August 29th. The stock was sold at an average price of $44.47, for a total transaction of $3,621,992.56. Following the sale, the director now directly owns 4,112,540 shares of the company's stock, valued at $182,884,653.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Strategic Value Partners, Llc also recently made the following trade(s):

• On Thursday, August 25th, Strategic Value Partners, Llc sold 8,904 shares of SilverBow Resources stock. The stock was sold at an average price of $46.10, for a total transaction of $410,474.40.

SilverBow Resources Stock Down 0.8 %

SilverBow Resources stock opened at $44.33 on Tuesday. The company has a market capitalization of $804.59 million, a P/E ratio of 8.24 and a beta of 2.25. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 1.35. The firm has a 50 day moving average price of $37.08 and a 200-day moving average price of $34.85. SilverBow Resources, Inc. has a twelve month low of $18.06 and a twelve month high of $49.91.

Institutional Trading of SilverBow Resources

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Truist Financial upped their price objective on shares of SilverBow Resources from $56.00 to $62.00 and gave the stock a "buy" rating in a research report on Tuesday, July 19th. TheStreet raised shares of SilverBow Resources from a "d+" rating to a "c" rating in a research report on Wednesday, August 3rd.

SilverBow Resources Company Profile

(Get Rating)

SilverBow Resources, Inc, an oil and gas company, acquires and develops assets in the Eagle Ford shale and Austin Chalk located in South Texas. As of December 31, 2021, it had proved reserves of 1,416 billion cubic feet of natural gas equivalent. The company was formerly known as Swift Energy Company and changed its name to SilverBow Resources, Inc in May 2017.

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