SilverBow Resorces Inc. (NYSE:SBOW) traded today at a new 52-week high of $43.42. So far today approximately 81,000 shares have been exchanged, as compared to an average 30-day volume of 352,000 shares.
There is potential upside of 1,802.4% for shares of SilverBow Resorces Inc. based on a current price of $42.68 and an average consensus analyst price target of $811.94.
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.
In the past 52 weeks, shares of SilverBow Resorces Inc. have traded between a low of $15.75 and a high of $43.42 and is now at $42.68, which is 171% above that low price.
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