SilverBow Resources Inc. (SBOW) Set to Announce Quarterly Earnings on Tuesday
SilverBow Resources Inc. (NYSE:SBOW) will issue its Q2 2017 quarterly earnings data after the market closes on Tuesday, August 8th. Analysts expect the company to announce earnings of $0.65 per share for the quarter.
SilverBow Resources Inc. (SBOW) opened at 22.86 on Monday. The stock has a market capitalization of $262.39 million and a PE ratio of 0.35. SilverBow Resources Inc. has a 12-month low of $22.77 and a 12-month high of $35.70. The stock has a 50 day moving average price of $25.76 and a 200-day moving average price of $27.70.
SBOW has been the subject of a number of research analyst reports. Johnson Rice initiated coverage on SilverBow Resources in a research report on Thursday, June 8th. They set a “buy” rating for the company. Seaport Global Securities initiated coverage on SilverBow Resources in a research report on Tuesday, August 1st. They set a “neutral” rating and a $25.00 price objective for the company.
In related news, CEO Sean C. Woolverton purchased 982 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The stock was bought at an average price of $25.49 per share, for a total transaction of $25,031.18. Following the completion of the transaction, the chief executive officer now owns 62,698 shares in the company, valued at approximately $1,598,172.02. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sean C. Woolverton purchased 924 shares of the company’s stock in a transaction that occurred on Monday, May 15th. The stock was bought at an average price of $27.63 per share, with a total value of $25,530.12. Following the transaction, the chief executive officer now owns 59,969 shares of the company’s stock, valued at approximately $1,656,943.47. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 4,649 shares of company stock valued at $126,881.
About SilverBow Resources
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