|Bid||17.21 x 1000|
|Ask||17.60 x 1000|
|Day's Range||16.91 - 18.60|
|52 Week Range||13.49 - 31.57|
|Beta (3Y Monthly)||2.97|
|PE Ratio (TTM)||14.65|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.44|
In 1993 Chip Johnson was appointed CEO of Carrizo Oil & Gas Inc (NASDAQ:CRZO). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Read More...
NEW YORK, Nov. 12, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Pipeline constraints have kept many smaller Permian drillers from drilling this autumn, but are expected to complete these wells early next year
Futures fell 1.6 percent Thursday in New York, extending a decline from its October high to 21 percent. Oil’s retreat has increased pressure on OPEC and its allies to cut supply just months after adding barrels. U.S. crude production is accelerating, OPEC output is the highest in years and waivers will allow some Iranian crude exports despite U.S. sanctions.
On November 7, US crude oil December futures fell 0.9% and closed at $61.67 per barrel—the lowest closing level for active US crude oil futures since March 15. On the same day, US crude oil inventories rose by 5.8 MMbbls (million barrels) for the week ending November 2. The increase might have caused US crude oil’s fall apart from rising supply concerns. A Reuters poll indicated a rise of 2.43 MMbbls in US crude oil inventories.
Just three months after moving drill rigs out of the Permian Basin because of pipeline shortages, the Houston-based explorer is already talking about bringing them back in the middle of next year. Carrizo is among many smaller operators forced to slow activity in the U.S.’s biggest oil field towards the end of this year after the Permian’s rapid production growth overwhelmed pipelines. “It will be a series of events throughout 2019 that occur” to ease the bottleneck, Halliburton Co. Chief Executive Officer Jeff Miller told Bloomberg TV this week.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Carrizo (CRZO) delivered earnings and revenue surprises of 18.99% and 8.40%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Houston-based company said it had net income of 85 cents. Earnings, adjusted for non-recurring costs, were 94 cents per share. The results topped Wall Street expectations. The ...
Carrizo Oil & Gas, Inc. today announced the Company’s financial results for the third quarter of 2018 and provided an operational update, which includes the foll
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he likes Biogen Inc's (NASDAQ: BIIB ) management, but he doesn't like the hype around the new Alzheimer drug. People don't want to own ...
On October 31, US crude oil December futures fell 1.3% and closed at $65.31 per barrel—the lowest closing level in more than two months. On the same day, the rise of 3.2 MMbbls (million barrels) in US crude oil inventories for the week ending October 26 might have limited US crude oil’s fall triggered by rising supply concerns. A Reuters poll indicated a rise of 4.11 MMbbls in US crude oil inventories.
Carrizo (CRZO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Carrizo Oil & Gas, Inc. (CRZO) today announced that it has closed the previously-announced acquisition of Delaware Basin assets from Devon Energy Production Company, L.P. (“Devon”), a subsidiary of Devon Energy Corporation. Separately, on October 18, 2018, Carrizo delivered a notice to the trustee for its 7.50% Senior Notes due 2020 (CUSIP No. 144577 AF0) (the “notes”) under which it called for redemption on November 19, 2018 (the “Redemption Date”), $130.0 million aggregate principal amount of the notes. The notes will be redeemed at a price of 100.000% of the principal amount thereof plus accrued and unpaid interest on the notes to be redeemed to the redemption date.
Carrizo Oil & Gas, Inc. will hold a conference call to discuss 2018 third quarter financial results on Tuesday, November 6, 2018 at 10:00 AM Central Standard Time.
On October 17, US crude oil November futures fell 3% and closed at $69.75 per barrel—below $70 for the first time since September 18. Bearish inventory data might be behind the downside in oil prices.
The Business Journal takes a look at how Atascosa County is emerging a hot spot for drilling activity.
NEW YORK, Oct. 11, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Ring Energy (REI), a crude oil–weighted exploration and production company focused in the Permian Basin, was the weakest upstream stock in the week ending October 5. Ring Energy fell 17.4% last week. The decline could be due to a rating downgrade and a target price cut at Morgan Stanley.
As crude oil rallies above $85 per barrel (Brent) and $75 per barrel (WTI), we continue to see a large amount of capital being deployed in the U.S. energy industry -- especially towards prolific assets across the various shale basins and their respective transportation infrastructure. Notably, the beneficiaries of this capital have been the Lone Star State and the Sooner State. Just this week we saw over $300 million allocated to upstream and midstream deals in Texas and Oklahoma.
Oil-and-gas producers plan to borrow more funds despite worries about transportation bottlenecks as those currently experienced in the Permian Basin. A recent report published by Haynes and Boone indicates that producers are planning to tap into their credit lines later this year to pursue their growth plans. Both FANG and MTDR are our top stocks to own among the mid-cap players, which management teams and their bankers are working to make part of the bigger leagues through M&A and asset acquisitions.
Between September 14 and 21, the United States Oil ETF (USO) rose 3.2%, the United States 12-Month Oil ETF (USL) rose 2%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 6.2%. These ETFs track US crude oil futures.
Between September 14 and 21, US crude oil November futures rose 2.9% and closed at $70.78 per barrel. In September, US crude oil active futures have risen 1.4% after rising 1.5% in August. The US dollar’s fall, as well as the OPEC–non-OPEC meeting, may have boosted oil prices. Gasoline inventories’ significant fall may have been behind WTI’s outperformance of Brent oil.