Carrizo Oil & Gas Inc (CRZO) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Carrizo Oil & Gas Inc (CRZO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Carrizo Oil & Gas Inc along with its subsidiaries is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Carrizo Oil & Gas Inc has a market cap of $1.01 billion; its shares were traded at around $10.98 with a P/E ratio of 2.65 and P/S ratio of 0.88.


For the last quarter Carrizo Oil & Gas Inc reported a revenue of $273.3 million, compared with the revenue of $246.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.1 billion, an increase of 42.9% from last year. For the last five years Carrizo Oil & Gas Inc had an average revenue growth rate of 11.4% a year.

The reported diluted earnings per share was $4.32 for the year, compared with the loss per share of $4.9 in the previous year. The Carrizo Oil & Gas Inc enjoyed an operating margin of 44.58%, compared with the operating margin of 31.83% a year before. The 10-year historical median operating margin of Carrizo Oil & Gas Inc is 22.83%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Carrizo Oil & Gas Inc has the cash and cash equivalents of $2.28 million, compared with $9.54 million in the previous year. The long term debt was $1.6 billion, compared with $1.6 billion in the previous year. The interest coverage to the debt is 7.6. Carrizo Oil & Gas Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $10.98, Carrizo Oil & Gas Inc is traded at 75.7% discount to its historical median P/S valuation band of $45.24. The P/S ratio of the stock is 0.88, while the historical median P/S ratio is 3.70. The stock lost 21.85% during the past 12 months.

CEO Recent Trades:

  • President and CEO S P Iv Johnson sold 8,000 shares of CRZO stock on 02/15/2019 at the average price of $12.55. The price of the stock has decreased by 12.51% since.

For the complete 20-year historical financial data of CRZO, click here.

This article first appeared on GuruFocus.


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