SilverBow Resorces Inc. (NYSE:SBOW) traded today at a new 52-week high of $20.25. So far today approximately 133,000 shares have been exchanged, as compared to an average 30-day volume of 165,000 shares.
Potential upside of 11.0% exists for SilverBow Resorces Inc., based on a current level of $18.71 and analysts’ average consensus price target of $20.76.
In the past 52 weeks, shares of SilverBow Resorces Inc. have traded between a low of $3.06 and a high of $20.25 and is now at $18.71, which is 511% above that low price.
SilverBow Resources Inc is an independent oil and natural gas exploration and production company. It is developing, exploring, acquiring, and operating oil and gas properties in the Eagle Ford trend of South Texas. The company drilled wells in Fasken and Artesia. It initiated a horizontal drilling program to the Eagle Ford shale formation lying below the Olmos formation in the AWP field in McMullen County. The company’s operations are focused on five fields which are Artesia, AWP, Fasken, Oro Grande, Uno Mas, and others in the Eagle Ford Shale trend of South Texas. The majority of the revenue is generated from Natural gas.
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