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SilverBow Resources (SilverBow Resources) Net Income : $187.7 Mil (TTM As of Mar. 2024)


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What is SilverBow Resources Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. SilverBow Resources's Net Income for the three months ended in Mar. 2024 was $-15.5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $187.7 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. SilverBow Resources's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.61.


SilverBow Resources Net Income Historical Data

The historical data trend for SilverBow Resources's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SilverBow Resources Net Income Chart

SilverBow Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.66 -309.38 86.76 340.44 297.72

SilverBow Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 94.49 24.94 -4.77 183.06 -15.53

SilverBow Resources Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

SilverBow Resources's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=381.329+-83.613+0+0
=297.7

SilverBow Resources's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-20.315+4.787+0+1.7763568394003E-15
=-15.5

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $187.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SilverBow Resources  (NYSE:SBOW) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

SilverBow Resources's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


SilverBow Resources Net Income Related Terms

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SilverBow Resources (SilverBow Resources) Business Description

Traded in Other Exchanges
Address
920 Memorial City Way, Suite 850, Houston, TX, USA, 77024
SilverBow Resources Inc is an independent oil and gas company. The company is focused on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk located in South Texas. The company's acreage position in each of its operating areas is highly contiguous and designed for optimal and efficient horizontal well development. Its reported oil and gas sales are comprised of revenues from oil, natural gas and natural gas liquids sales. Majority of revenue is generated from Webb County Gas field.
Executives
Strategic Value Partners, Llc director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Marcus C Rowland director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Gabriel L Ellisor director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
William Eric Schultz officer: Controller 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Charles W Wampler director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Christopher M Abundis officer: EVP, CFO, GC & Sec'y 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Michael Duginski director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Sean C Woolverton director, officer: CEO 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Jennifer M Grigsby director 6100 N WESTERN AVENUE, POST OFFICE BOX 18496, OKLAHOMA CITY OK 73154-0496
Kathleen S Mcallister director DEEPWATER HOUSE, KINGSWELLS CAUSEWAY, PRIME FOUR BUSINESS PARK, ABERDEEN, SCOTLAND X0 AB15 8PU
Victor Khosla director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iii Llc director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iii-a Llc director, 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Kimmeridge Energy Management Company, Llc 10 percent owner 15 LITTLE WEST 12TH STREET, 5TH FLOOR, NEW YORK NY 10014
Steven W Adam officer: EVP and COO 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024