Crescent Energy with SBOW inside its belly.
Posted: Wed Jun 04, 2025 5:08 pm
After Crescent Energy won the hostile takeover battle to purchase Silverbow Resources at $38 in 2024 (versus SBOW's projected CFPS of over $30),
insiders at Crescent Energy were heavily buying Cresent shares at $11-12 per share.
Natural gas which the former Silverbow Resources owns in spades, is recovering in price in 2025. When natural gas traded under $2/mcf,
however, in 2023, SBOW exercised their optionality to emphasize production from their oil zones and achieved record profits for the year.
Anyone care to comment why the share price is so low and what do you see as the critical issues here.
Silverbow in April 2023 was featured the HOUSTON BUSINESS RECORD as the fastest growing company of any kind
in south Texas. It sold its natural gas at premium prices to the nearby coastal LNG market, and it could stay
profitable when natural gas slumps by producing oil as it did in 2023.
If Crescent insiders were buying heavily at $11-12 in 2024, then we all should watch the insider buying and selling
right now at $8.00 and what Mr. Stephens believes is its Fair Value.
R. Taber
insiders at Crescent Energy were heavily buying Cresent shares at $11-12 per share.
Natural gas which the former Silverbow Resources owns in spades, is recovering in price in 2025. When natural gas traded under $2/mcf,
however, in 2023, SBOW exercised their optionality to emphasize production from their oil zones and achieved record profits for the year.
Anyone care to comment why the share price is so low and what do you see as the critical issues here.
Silverbow in April 2023 was featured the HOUSTON BUSINESS RECORD as the fastest growing company of any kind
in south Texas. It sold its natural gas at premium prices to the nearby coastal LNG market, and it could stay
profitable when natural gas slumps by producing oil as it did in 2023.
If Crescent insiders were buying heavily at $11-12 in 2024, then we all should watch the insider buying and selling
right now at $8.00 and what Mr. Stephens believes is its Fair Value.
R. Taber