
SilverBow Resources (SBOW) Stock Forecast & Price Target
SilverBow Resources (SBOW) Analyst Ratings
Bulls say
SilverBow Resources is expected to increase its Free Cash Flow (FCF) significantly due to higher oil production and efficient operations. The company is also expected to further improve financially and operationally by simplifying its capital structure, reducing costs and focusing on high return assets in the South Texas Eagle Ford Dry Gas & Condensate Windows. With these strategies in place, SilverBow's production is forecasted to nearly double with FCF projected to more than quadruple by 2024, setting their corporate cash margin to potentially reach an all-time high.
Bears say
SilverBow Resources is facing potential issues with well performance and drilling techniques that may lead to cost overruns and underperformance. The company has also lowered its 2024 capital guidance by approximately 15% due to lower gas prices and plans to shift the majority of its spending to oil/liquids assets. Additionally, there are multiple risks to the company's financial health, including possible declines in oil and natural gas prices, potential constraints in transportation capacity, and inaccuracy in reserve and production estimations.
This aggregate rating is based on analysts' research of SilverBow Resources and is not a guaranteed prediction by Public.com or investment advice.
SilverBow Resources (SBOW) Analyst Forecast & Price Prediction
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