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Crescent Energy
Finance

Crescent Energy to Acquire SilverBow Resources for $2.1 Billion, Creating a Leading Growth Through Acquisition Company with a Premier Eagle Ford Position

May 16, 2024 Mariel Alumit

Talk about coming out of left field! When this eventually gets filed in court, it will be crazy to see how this went down in regards to the proxy fight with Kimmeridge!   Combined company […]

Kimmeridge
Crude Oil News

Kimmeridge Releases Presentation on SilverBow’s Unabashed Worst-in-Class Governance

May 9, 2024 Mariel Alumit

SilverBow needs experienced, independent directors who are capable and open to assessing all value enhancing alternatives to create significant long-term shareholder value Urges shareholders to vote “FOR” all three of Kimmeridge’s highly qualified, independent nominees […]

Coal

Week Recap: Biden’s Rules, China’s Probe, Tesla, New Geothermal

May 4, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Biden Administration Finalizes Power Plant Rule April 27, 2024 Stu Turley ENB Pub Note: I will discuss this article on the Daily Energy News Beat Stand Up. Look at the two […]

SilverBow Resources
Earnings

SilverBow Resources Announces First Quarter 2024 Financial and Operating Results

May 2, 2024 Mariel Alumit

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 […]

Kimmeridge
Finance

Kimmeridge Releases Presentation Outlining the Urgent Need for Board Change at SilverBow

April 29, 2024 Mariel Alumit

Details SilverBow’s track record of underperformance, value-destructive acquisitions, broken governance, and entrenchment maneuvers  SilverBow needs experienced, independent directors who are open to assessing all value enhancing alternatives to capitalize on its limited window of opportunity […]

Kimmeridge
Crude Oil News

Kimmeridge Issues Open Letter to SilverBow Shareholders

April 1, 2024 Mariel Alumit

Remains ready to engage in good faith negotiations with SilverBow towards value-enhancing combination Publishes comprehensive financial and operational data on KTG to support shareholders in analyzing Kimmeridge’s proposal SilverBow made no contact with Kimmeridge before rejecting the March 13 proposal, […]

Big Oil Companies

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

March 14, 2024 Andy Del Prado

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 […]

Kimmeridge
Finance

Kimmeridge makes new $2.1 bln offer for SilverBow

March 13, 2024 Mariel Alumit

March 13 (Reuters) – Kimmeridge Energy Management has submitted a new offer to acquire SilverBow Resources (SBOW.N), opens new tab that values the U.S. oil and gas producer at close to $2.1 billion, including debt, the investment […]

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