10:02 AM EDT, 05/07/2024 (MT Newswires) -- SilverBow Resources' ( SBOW ) board has "worst-in-class" corporate governance that has allowed the company to avoid accountability to its shareholders for years, Kimmeridge Energy Management said Tuesday.

"The board's worst-in-class corporate governance that prioritizes itself and management over shareholder returns appears to have permeated throughout the entire organization in a cyclical, self-serving manner," Kimmeridge said in an investor presentation.

SilverBow did not immediately respond to a request for comment by MT Newswires.

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