30 July 2024securities registration● Neutral
SILVERBOW RESOURCES, INC. amended an already-effective registration statement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
30 July 2024securities registration● Neutral
SILVERBOW RESOURCES, INC. amended an already-effective registration statement.
30 July 2024securities registration● Neutral
SILVERBOW RESOURCES, INC. amended an already-effective registration statement.
30 July 2024securities registration● Neutral
SILVERBOW RESOURCES, INC. amended an already-effective registration statement.
30 July 2024securities registration● Neutral
SILVERBOW RESOURCES, INC. amended an already-effective registration statement.
30 July 2024securities registration● Neutral
SILVERBOW RESOURCES, INC. amended an already-effective registration statement.
30 July 2024director interest notice● Neutral
SILVERBOW RESOURCES, INC. CEO Sean C Woolverton disposed of 704,514 shares via option/appreciation-right settlement.
30 July 2024securities registration● Neutral
SILVERBOW RESOURCES, INC. amended an already-effective registration statement.
30 July 2024securities registration● Neutral
SILVERBOW RESOURCES, INC. amended an already-effective registration statement.
30 July 2024director interest notice● Neutral
SILVERBOW RESOURCES, INC. director Leland Jourdan disposed of 5,501 shares via option/appreciation-right settlement.
25 July 2024substantial holder notice● Neutral
Glazer Capital, LLC, Paul J. Glazer disclosed a new substantial SILVERBOW RESOURCES, INC. shareholding (9.01% of votes).
28 June 2024business combination● NeutralMajor
SilverBow filed the definitive joint proxy statement with Crescent, mailed on or about June 28, 2024, for special meetings of both companies' stockholders on July 29, 2024. SilverBow holders vote on adopting the merger agreement, a non-binding advisory vote on merger-related executive pay, and a possible adjournment; the board unanimously recommends voting for all three. The terms match the May announcement (3.125 Crescent shares, or 1.866 shares plus $15.31, or $38.00 cash subject to a $400 million cash cap). On the per-share values stated, the consideration was about $38.28 (all stock) at May 15 and about $37.28 (all stock) at June 27, 2024. Crescent holders of about 43% of its common stock have agreed to vote in favour.
21 June 2024director interest notice● Neutral
SILVERBOW RESOURCES, INC. 10%+ owner Kimmeridge Energy Management Company, LLC sold 2,100,000 shares at $37.00.
21 June 2024substantial holder notice● Neutral
Kimmeridge Energy Management Company, LLC reported a SILVERBOW RESOURCES, INC. shareholding of 0.10% of votes in a periodic institutional filing.
22 May 2024substantial holder notice● Neutral
Kimmeridge Energy Management Company, LLC reported a SILVERBOW RESOURCES, INC. shareholding of 3,281,356 shares (12.80% of votes) in a periodic institutional filing.
20 May 2024substantial holder notice● Neutral
Riposte Capital LLC &#, Riposte Global Opportunity Master Fund, LP &#, Riposte GP, LLC &#, Khaled Beydoun &# reported a SILVERBOW RESOURCES, INC. shareholding of 950,000 shares (3.70% of votes) in a periodic institutional filing.
16 May 2024business combination● NeutralMajor
On May 15, 2024 SilverBow agreed to be acquired by Crescent Energy through a two-step merger. Each SilverBow share can be exchanged, at the holder's election, for 3.125 Crescent Class A shares, or 1.866 Crescent shares plus $15.31 cash, or $38.00 cash, with total cash capped at $400 million. Stock-heavy outcomes mean SilverBow holders would own roughly 22% to 32% of the combined company. The board unanimously recommended the deal. It still needs shareholder approvals of both companies, antitrust clearance, an effective Crescent registration statement and NYSE listing of the new shares. Equity awards vest and are converted into cash and Crescent stock, and Crescent adds two SilverBow-chosen directors to an 11-member board. This starts the sale of the company, a new thread.
2 May 2024quarterly activities report▼ Bad
SILVERBOW RESOURCES, INC. reported quarterly revenue of $256.7 million and a net loss of $15.5 million for the period ended 2024-03-31.
1 May 2024quarterly activities report▼ Bad
SILVERBOW RESOURCES, INC. reported quarterly revenue of $256.7 million and a net loss of $15.5 million for the period ended 2024-03-31.
16 Apr 2024substantial holder notice● Neutral
Kimmeridge Energy Management Company, LLC reported a SILVERBOW RESOURCES, INC. shareholding of 3,281,356 shares (12.90% of votes) in a periodic institutional filing.
9 Apr 2024substantial holder notice● Neutral
Kimmeridge Energy Management Company, LLC reported a SILVERBOW RESOURCES, INC. shareholding of 3,281,356 shares (12.90% of votes) in a periodic institutional filing.
2 Apr 2024director interest notice● Neutral
SILVERBOW RESOURCES, INC. VP - Acct and Controller William Eric Schultz had 408 shares withheld for taxes on vesting stock.
28 Mar 2024director interest notice● Neutral
Leland Jourdan became a SILVERBOW RESOURCES, INC. director and company insider (initial ownership filing).
28 Mar 2024director interest notice● Neutral
SILVERBOW RESOURCES, INC. director Leland Jourdan received 5,501 shares as part of the equity award.
28 Mar 2024director interest notice● Neutral
SILVERBOW RESOURCES, INC. VP - Acct and Controller William Eric Schultz received 7,190 shares as part of the equity award.
13 Mar 2024substantial holder notice● Neutral
Kimmeridge Energy Management Company, LLC reported a SILVERBOW RESOURCES, INC. shareholding of 3,281,356 shares (12.90% of votes) in a periodic institutional filing.
4 Mar 2024director interest notice● Neutral
SILVERBOW RESOURCES, INC. VP - Acct and Controller William Eric Schultz had 527 shares withheld for taxes on vesting stock.
4 Mar 2024director interest notice● Neutral
SILVERBOW RESOURCES, INC. CEO Sean C Woolverton had 5,833 shares withheld for taxes on vesting stock.
4 Mar 2024director interest notice● Neutral
SILVERBOW RESOURCES, INC. EVP and COO Steven W Adam acquired 8,187 shares and disposed of 10,823 in a set of related equity transactions.
4 Mar 2024director interest notice● Neutral
SILVERBOW RESOURCES, INC. EVP, CFO & GC Christopher M Abundis had 2,148 shares withheld for taxes on vesting stock.