SilverBow Resources Announces First Quarter 2024 Financial and Operating Results

Results top consensus expectations driven by higher production and lower capital expenditures generating record quarterly EBITDA and strong quarterly free cash flow Total debt reduced by $178 million since closing its South Texas acquisition in late 20231; First quarter 2024 leverage ratio of 1.35×2 lower than pre-acquisition announcement Year-to-date outperformance leads to increase in full-year production […]

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Daily Energy Standup Episode #329 – California Prices Surge, Biden Budget Impact, Shell\’s Shift, and Currency Changes

Daily Standup Top Stories Exploding Energy Prices in California March 13, 2024 Mariel Alumit “California leaders know that rising prices are a huge problem. The state is now considering a plan to tie utility rates to personal income so that the rich pay more and low-income residents pay less. Costly California […] Shell considers slowing pace of carbon emissions […]

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Daily Energy Standup Episode #329 – California Prices Surge, Biden Budget Impact, Shell\’s Shift, and Currency Changes

Daily Standup Top Stories Exploding Energy Prices in California March 13, 2024 Mariel Alumit “California leaders know that rising prices are a huge problem. The state is now considering a plan to tie utility rates to personal income so that the rich pay more and low-income residents pay less. Costly California […] Shell considers slowing pace of carbon emissions […]

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Daily Energy Standup Episode #329 – California Prices Surge, Biden Budget Impact, Shell\’s Shift, and Currency Changes

Daily Standup Top Stories Exploding Energy Prices in California March 13, 2024 Mariel Alumit “California leaders know that rising prices are a huge problem. The state is now considering a plan to tie utility rates to personal income so that the rich pay more and low-income residents pay less. Costly California […] Shell considers slowing pace of carbon emissions […]

Continue Reading

Daily Energy Standup Episode #329 – California Prices Surge, Biden Budget Impact, Shell\’s Shift, and Currency Changes

Daily Standup Top Stories Exploding Energy Prices in California March 13, 2024 Mariel Alumit “California leaders know that rising prices are a huge problem. The state is now considering a plan to tie utility rates to personal income so that the rich pay more and low-income residents pay less. Costly California […] Shell considers slowing pace of carbon emissions […]

Continue Reading