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SilverBow: Q1 Earnings Snapshot

SilverBow: Q1 Earnings Snapshot

By AP News
Published - May 03, 2023, 05:31 PM ET
Last Updated - Jun 21, 2023, 11:12 PM EDT

HOUSTON (AP) — HOUSTON (AP) — SilverBow Resources Inc. (SBOW) on Wednesday reported profit of $94.5 million in its first quarter.

On a per-share basis, the Houston-based company said it had profit of $4.17. Earnings, adjusted for non-recurring gains, came to 95 cents per share.

The energy company posted revenue of $140 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $176.6 million.

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