12 Apr 2012securities registration● Neutral
SILVERBOW RESOURCES, INC. filed the final prospectus for a registered offering.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
20 Mar 2012business combination● Neutral
The company filed a registration statement for an offer to exchange the $250 million of 7⅞% Senior Notes due 2022 issued November 30, 2011 for identical notes registered with the SEC. The terms are identical except the new notes are freely tradable. This follows through on the registration commitment made at the notes' issue and raises no new money.
5 Mar 2012security holder rights change▲ Good
Effective March 1, 2012 the company ended its shareholder rights plan (a takeover-defence measure) early, moving its expiry from December 20, 2016 to March 1, 2012. It also adopted stock ownership guidelines for executives and directors, following a December 2011 majority-voting policy for director elections; the filing describes these as governance steps aligning management with shareholders.
15 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. EVP & CFO Alton D Heckaman Jr. received 23,900 shares and a 34,400-share option grant as part of the equity award.
14 Feb 2012substantial holder notice● Neutral
PointState Capital LP, Sean E. Cullinan reported no remaining SILVERBOW RESOURCES, INC. shareholding in its periodic institutional filing.
13 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. COB & CEO Terry E Swift had 11,200 shares withheld for taxes on vesting stock.
13 Feb 2012substantial holder notice● Neutral
EARNEST Partners, LLC reported a SILVERBOW RESOURCES, INC. shareholding of 2,304,716 shares (5.40% of votes) in a periodic institutional filing.
13 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. President and Sec'y Bruce H Vincent had 2,910 shares withheld for taxes on vesting stock.
13 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. Sr VP-CT&Land James P Mitchell had 1,482 shares withheld for taxes on vesting stock.
13 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. Executive VP and COO Robert J. Banks had 3,308 shares withheld for taxes on vesting stock.
13 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. EVP & CFO Alton D Heckaman Jr. had 3,387 shares withheld for taxes on vesting stock.
13 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. VP and Controller Barry S. Turcotte had 680 shares withheld for taxes on vesting stock.
10 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. COB & CEO Terry E Swift had 4,010 shares withheld for taxes on vesting stock.
10 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. Sr VP-CT&Land James P Mitchell had 779 shares withheld for taxes on vesting stock.
10 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. VP and Controller Barry S. Turcotte had 965 shares withheld for taxes on vesting stock.
10 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. Executive VP and COO Robert J. Banks had 1,797 shares withheld for taxes on vesting stock.
10 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. EVP & CFO Alton D Heckaman Jr. had 1,797 shares withheld for taxes on vesting stock.
10 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. insider Charles J Swindells sold 1,936 shares at $42.37.
10 Feb 2012director interest notice● Neutral
SILVERBOW RESOURCES, INC. President and Sec'y Bruce H Vincent had 2,561 shares withheld for taxes on vesting stock.
8 Feb 2012substantial holder notice● Neutral
THE VANGUARD GROUP, INC. reported a SILVERBOW RESOURCES, INC. shareholding of 2,326,363 shares (5.47% of votes) in a periodic institutional filing.
10 Jan 2012substantial holder notice● Neutral
BlackRock, Inc reported a SILVERBOW RESOURCES, INC. shareholding of 4,699,159 shares (11.06% of votes) in a periodic institutional filing.
29 Dec 2011director interest notice● Neutral
SILVERBOW RESOURCES, INC. insider Charles J Swindells sold 2,774 shares at $30.20.
29 Dec 2011director interest notice● Neutral
SILVERBOW RESOURCES, INC. EVP & CFO Alton D Heckaman Jr. gifted 400 shares.
5 Dec 2011debt financing● NeutralMajor
The $250 million 7⅞% Senior Notes due 2022 sale closed on November 30, 2011, completing the deal agreed on November 15. The notes mature March 1, 2022, with interest paid each March 1 and September 1 starting March 1, 2012, and are guaranteed by Swift Energy Operating, LLC. The company also agreed to offer to swap them for SEC-registered notes within about 360 days.
22 Nov 2011material agreement● NeutralMajor
On November 15, 2011 the company agreed to sell $250 million of 7⅞% Senior Notes due 2022 to J.P. Morgan Securities and other initial purchasers in a private placement, priced at 99.156% of par to investors. Closing was scheduled for November 30, 2011. This adds new long-term debt.
3 Nov 2011quarterly activities report● Neutral
SILVERBOW RESOURCES, INC. reported quarterly revenue of $142.5 million and net income of $17.0 million for the period ended 2011-09-30.
3 Nov 2011quarterly activities report● Neutral
SILVERBOW RESOURCES, INC. reported quarterly revenue of $142.5 million and net income of $17.0 million for the period ended 2011-09-30.
3 Nov 2011quarterly activities report● Neutral
SILVERBOW RESOURCES, INC. reported quarterly revenue of $142.5 million and net income of $17.0 million for the period ended 2011-09-30.
10 Aug 2011substantial holder notice● Neutral
EARNEST Partners, LLC reported a SILVERBOW RESOURCES, INC. shareholding of 2,479,012 shares (5.80% of votes) in a periodic institutional filing.
4 Aug 2011quarterly activities report● Neutral
SILVERBOW RESOURCES, INC. reported quarterly revenue of $157.4 million and net income of $41.0 million for the period ended 2011-06-30.