SilverBow ResourcesNYSE: SBOW

NEW YORK , July 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating SilverBow Resources, Inc. (NYSE: SBOW ), relating to its proposed merger with Crescent Energy Company.

NEW YORK , July 2, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating SilverBow Resources, Inc. (NYSE: SBOW), relating to its proposed merger with Crescent Energy Company.

NEW YORK and DENVER , May 22, 2024 /PRNewswire/ -- Kimmeridge, an alternative asset manager focused on the energy sector and the largest shareholder of SilverBow Resources (NYSE: SBOW) ("SilverBow" or the "Company"), today announced the withdrawal of its independent nominees to SilverBow's Board of Directors (the "Board") in light of the Company's pending sale to Crescent Energy. Ben Dell, Co-Founder and Managing Partner of Kimmeridge, said, "While we are disappointed that SilverBow's Board does not appear to have run a comprehensive sales process, our campaign was always underpinned by a strong belief that consolidation is in the best interests of shareholders.

Monteverde & Associates PC, a leading class action firm based in New York City's Empire State Building, has successfully recovered funds for shareholders and has been named one of the Top 50 firms in the ISS Securities Class Action Services Report from 2018 to 2022. The firm is currently investigating SilverBow Resources, Inc. (NYSE: SBOW) in connection with its planned merger with Crescent Energy Company.

During this election year, SilverBow Resources, a publicly traded oil and gas company in South Texas' Eagle Ford shale, is embroiled in a major dispute with certain investors.

SilverBow Resources (SBOW) reported quarterly earnings of $2.09 per share, surpassing the Zacks Consensus Estimate of $1.84 per share. This is an improvement from earnings of $0.95 per share in the same quarter last year.

SilverBow's board of directors has not disclosed specific valuation information or the terms they would consider for a potential transaction with Kimmeridge.

SilverBow's (SBOW) board of directors urges shareholders to vote against Kimmeridge's offer in the company's upcoming 2024 annual meeting of shareholders.

Kimmeridge Energy Management said on Monday that it remained ready to engage with SilverBow Resources over its takeover offer for the U.S. oil and gas producer.