Watch for Continued Gains in Shares of SilverBow Resorces Inc. (SBOW)

June 7, 2022 11:56:37

SilverBow Resorces Inc. (NYSE:SBOW) traded at a new 52-week high today of $46.19. Approximately 194,000 shares have changed hands today, as compared to an average 30-day volume of 359,000 shares.

In the past 52 weeks, SilverBow Resorces Inc. share prices are bracketed by a low of $15.75 and a high of $46.19 and is now at $45.27, 187% above that low price.

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. has overhead space with shares priced $45.27, or 94.4% below the average consensus analyst price target of $811.94.

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