SilverBow Resources
SilverBow Resources was an independent oil and gas exploration and production company focused on long-life assets in the Eagle Ford and Olmos formations in Texas, acquired by Crescent Energy in 2024 for $2.10 billion.
- Company typePrivate
- Founded1990
- HeadquartersHouston, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What SilverBow Resources does
SilverBow Resources was an independent oil and natural gas exploration and production company focused on acquiring and developing long-life assets in the Eagle Ford and Olmos formations of South Texas. The company pursued a horizontal-segment, basin-concentration strategy — accumulating acreage, production capacity, and free cash flow primarily through disciplined bolt-on acquisitions rather than grassroots exploration. Its most consequential inorganic moves were the April 2022 acquisitions of Sundance Energy and SandPoint Resources for a combined ~$425 million, which materially expanded its Eagle Ford/Olmos footprint, and the ultimate 2024 sale to Crescent Energy Company for approximately $2.10 billion. Following the Crescent transaction, SilverBow was delisted from the NYSE (former ticker SBOW) and now operates as a wholly-owned subsidiary within Crescent's multi-basin portfolio spanning the Eagle Ford, Permian, and Uinta basins. The company sold undifferentiated crude oil and natural gas through B2B offtake arrangements with midstream companies, refineries, and commodity traders under market-driven commodity pricing. By 2024, SilverBow had 251–500 employees and was headquartered in Houston, Texas.
SilverBow Resources firmographics
Firmographics- Name
- SilverBow Resources
- Legal name
- SilverBow Resources
- Website
- https://sbow.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- SilverBow Resources was an independent oil and gas exploration and production company focused on long-life assets in the Eagle Ford and Olmos formations in Texas, acquired by Crescent Energy in 2024 for $2.10 billion.
- Ownership category
- akta.pro rank
SilverBow Resources industry classification
Industry- Product category
- Upstream Oil & Gas Exploration and Production
- NAICS
- Oil and Gas Extraction (2111), Natural Gas Extraction (211130)
- SIC
- Crude Petroleum & Natural Gas (1311), Drilling Oil & Gas Wells (1381)
- akta.pro primary industry
- Unconventional Resources Development (Shale/Tight, CBM) (EUALAAAH)
Keywords
Where SilverBow Resources is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SilverBow Resources business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Others
SilverBow Resources product offering
Product offeringCore offering
SilverBow Resources was an independent upstream oil and natural gas company focused on acquiring, developing, and producing hydrocarbons from the Eagle Ford and Olmos formations in South Texas. Its core revenue activity was the sale of crude oil, natural gas, and natural gas liquids produced from its acreage position, supplemented by opportunistic, value-accretive acquisitions to scale reserves, production, and free cash flow.
Product overview
SilverBow Resources was an independent oil and gas exploration and production company focused on assets in the Eagle Ford and Olmos formations in Texas. The company operated as a standalone upstream energy producer prior to its acquisition by Crescent Energy in 2024.
Differentiator
Problem solved
Functional benefit
Products and services
- Crude oil and natural gas production from the Eagle Ford formation
- Oil, natural gas, and NGL production from the Olmos formation
Quantifiable outcome
- Acquisition of Sundance Energy and SandPoint Resources expanded SilverBow's acreage, production capacity, and cash flow
Companies that use SilverBow Resources
Customer profileSegments1 record
Ideal customer profiles2 records
SilverBow Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SilverBow Resources partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Crescent EnergycoreCrescent Energy acquired SilverBow Resources for $2.10 billion in 2024 as part of its acquire-and-exploit consolidation strategy. SilverBow's assets in Eagle Ford and Permian basins became part of Crescent Energy's combined portfolio, with operations now focused in Eagle Ford, Permian and Uinta basins.
- Sundance EnergycoreSilverBow acquired Sundance Energy as part of its expansion strategy. The acquisition expanded SilverBow's asset base in the Eagle Ford and Olmos formations with expected closing in 2022.
- SandPoint ResourcescoreSilverBow acquired SandPoint Resources assets as part of the $425 million total purchase price transaction. The acquisition expanded SilverBow's acreage, production capacity, and cash flow.
Scale indicators5 records
Recent moves5 records
Expansion highlights3 records
SilverBow Resources competitors and assessment
Company assessmentDirect peers
- Devon Energy: Independent US E&P focused on the Delaware Basin (Permian), Eagle Ford, Anadarko, and Powder River Basin. Operates unconventional oil and gas assets with similar development inventory and capital return discipline.
- EOG Resources: One of the largest independent E&P operators with a major position in the Eagle Ford shale, plus Permian and other US basins. Directly comparable as a premier US shale producer focused on premium acreage and free cash flow generation.
- Murphy Oil: Independent upstream oil and gas company with onshore US operations in Eagle Ford and other US basins plus offshore exposure. Comparable as an Eagle Ford-focused E&P with similar asset mix.
- Marathon Oil: Independent E&P focused on US unconventional oil-producing assets including Eagle Ford, Bakken, and Permian. Closely comparable as a mid-cap pure-play US shale producer with similar basin mix.
- Pioneer Natural Resources: Independent E&P historically focused on the Permian Basin, now part of ExxonMobil. Comparable as a premier US shale operator with similar basin-focused acquisition and exploitation strategy.
Others
- Kimmeridge Energy: Private equity firm focused on US unconventional oil and gas that made a competing $2.1B bid for SilverBow in March 2024. Comparable as a capital partner evaluating Eagle Ford assets at similar valuation thresholds.
Emerging players
- Comstock Resources: Independent natural gas-focused E&P operating primarily in the Haynesville Shale. Comparable as a smaller-scale US shale producer with similar development inventory model, though gas-weighted rather than oil-weighted.
Broad incumbents
- Crescent Energy: Parent company of SilverBow Resources following the 2024 $2.10B acquisition. Crescent operates the same Eagle Ford assets plus Permian and Uinta basins, making it the most directly comparable operator to legacy SilverBow's asset base.
Regional players
- SandPoint Resources: Eagle Ford asset package acquired alongside Sundance by SilverBow in 2022 for a combined ~$425M. Comparable as an Eagle Ford-focused acreage holder with similar operational profile, though no longer operating as an independent entity.
- Sundance Energy Australia: Previously acquired by SilverBow in 2022 for ~$354M. Operated US Eagle Ford assets from an Australian corporate base. Directly comparable as an Eagle Ford-focused operator that was consolidated into SilverBow.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
SilverBow Resources social profiles
Digital presenceSilverBow Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
SilverBow Resources leadership team
Management profileNumber of profiles
Profiles3 records
SilverBow Resources funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SilverBow Resources M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SilverBow Resources
What does SilverBow Resources do?
SilverBow Resources was an independent upstream oil and natural gas company focused on acquiring, developing, and producing hydrocarbons from the Eagle Ford and Olmos formations in South Texas. Its core revenue activity was the sale of crude oil, natural gas, and natural gas liquids produced from its acreage position, supplemented by opportunistic, value-accretive acquisitions to scale reserves, production, and free cash flow.
Is SilverBow Resources a public or private company?
SilverBow Resources is a private company. It is classified as corporate owned and is currently acquired.
When was SilverBow Resources founded?
SilverBow Resources was founded in 1990. It employs 251 to 500 people.
Where is SilverBow Resources based?
SilverBow Resources is headquartered in Houston, United States, in the North America region.
Who are SilverBow Resources's main competitors?
Direct peers on record are Devon Energy, EOG Resources, Murphy Oil, Marathon Oil and Pioneer Natural Resources. Kimmeridge Energy is listed as an others. Comstock Resources is listed as an emerging player. Crescent Energy is listed as a broad incumbent. Regional players are SandPoint Resources and Sundance Energy Australia.
Does SilverBow Resources have an API?
No public API is recorded for SilverBow Resources.
What industry is SilverBow Resources in?
SilverBow Resources's product category is Upstream Oil & Gas Exploration and Production. Its primary akta.pro industry code is EUALAAAH, Unconventional Resources Development (Shale/Tight, CBM). Its NAICS code is 2111 and its SIC code is 1311.