SilverBow Resources, Inc. (NYSE:SBOW) Q2 2020 Earnings Conference Call - Final Transcript

Aug 05, 2020 • 10:00 am ET


SilverBow Resources, Inc. (NYSE:SBOW) Q2 2020 Earnings Conference Call - Final Transcript


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Christopher M. Abundis

and had significant headroom.

And with that, I will turn it over to Sean to wrap up his prepared remarks.

Sean C. Woolverton

Thanks, Chris. To summarize, SilverBow is set up to generate meaningful free cash flow for the remainder of '20 and '21. We hold a constructive outlook of domestic supply and demand dynamics that supports higher gas prices, particularly if oil prices remain subdued, given the natural decline in associated gas production and industry-wide limited drilling and completion reinvestment. Due to our relative balance sheet strength and cash flow visibility, we expect SilverBow to outperform other small-cap peers as our winning strategy continues to bear fruits and provides us with the staying power to potentially consolidate and operate a larger asset base. Our strategy remains intact with multiple playbooks for the future. We pride ourselves in our ability to continue producing high-quality earnings material in addition to putting out guidance for the benefit of all of our stakeholders.

Thank you for joining our call this morning and allowing us to share our results. In the face of uncertainty, we find ways to step up, get creative and think outside the box. We look forward to providing further updates on our next call. To everyone listening, I hope that you and your families are staying safe, and I hope to see many of you in person in the near future.

With that, I will now turn the call back to the operator for the Q&A portion of the call.