SilverBow Resorces Inc. (NYSE:SBOW) traded at a new 52-week high today of $49.91. This new high was reached on below average trading volume as 62,000 shares traded hands, while the average 30-day volume is approximately 329,000 shares.
SilverBow Resources Inc is an independent oil and gas company. The company is focused on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk located in South Texas where it has assembled approximately 153,000 net acres across six operating areas. The company’s acreage position in each of its operating areas is highly contiguous and designed for optimal and efficient horizontal well development. Its reported oil and gas sales are comprised of revenues from oil, natural gas and natural gas liquids sales.
SilverBow Resorces Inc. (NYSE:SBOW) is currently priced 10.3% above its average consensus analyst price target of $44.06.
SilverBow Resorces Inc. share prices have moved between a 52-week high of $49.91 and a 52-week low of $16.75 and are now trading 193% above that low price at $49.12 per share.
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