12.35 +0.04 (0.32%)
After hours: 7:24PM EDT
|Bid||12.00 x 4000|
|Ask||12.32 x 900|
|Day's Range||12.28 - 12.99|
|52 Week Range||9.67 - 31.57|
|Beta (3Y Monthly)||2.29|
|PE Ratio (TTM)||2.17|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Chip Johnson has been the CEO of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) since 1993. This analysis aims first to...
Prescience Point Capital Management cut its holding of the regenerative biomaterials maker to 7,618,335 shares on April 29 through May 3. During that span, Prescience acquired 250,000 shares for $2.31 to $2.51 each and sold 603,925 at prices ranging from $2.44 to $2.53 apiece. Prescience now owns nearly 7% of MiMedx’s outstanding stock.
Carrizo (CRZO) delivered earnings and revenue surprises of 17.50% and 1.83%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Houston-based company said it had profit of $1.58. Earnings, adjusted for non-recurring gains, came to 47 cents per share. The results topped Wall Street expectations. The average ...
The world of activism is always…well, active. Logically. Looking at the current most interesting moves by activist hedge funds, Lion Point Capital, Corvex Management LP, and Sachem Head Capital Management LP come into the picture. Starting with Lion Point Capital that was launched four years ago by Didric Cederholm, who previously worked as an executive […]
Is May Ideal for Oil Bulls?(Continued from Prior Part)Changes in inventory levelsOn May 8, the EIA (U.S. Energy Information Administration) is scheduled to announce last week’s US crude oil inventory data. A Reuters poll suggests a rise of 2.53
The New York-based hedge fund has an economic exposure to about 6 percent of Carrizo and believes the company is undervalued, according to a filing Monday. Lion Point, which was founded by a former Elliott Management Corp. executive, has held discussions with management about its views. Among the potential companies Lion Point would like Carrizo to explore a merger with is fellow Permian driller PDC Energy Inc., in which the hedge fund also holds a stake, according to people familiar with the matter who asked not to be identified as the details aren’t public.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the market. Hedge […]
Carrizo (CRZO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Crude Oil in April: Best Month since Late 2016(Continued from Prior Part)Futures spreadOn April 29, the US crude oil June 2019 futures closed ~$3 above the June 2020 futures. On April 22, the futures spread was at a premium of $3.9. On April
How Did the Energy Sector Perform Last Week?(Continued from Prior Part)Energy stocksIn the week ending on April 26, upstream stock Anadarko Petroleum (APC) rose the most among the stocks in the energy space. The stocks are included in the following
What is not different this time is our long-term view and our investment philosophy of i) a strong financial position, ii) the ability to grow and iii) a significant discount to our assessed fair value (AFV).
For full-year 2019, QEP Resources (QEP) expects total oil-equivalent production in the range of 28.5-30.3 MMboe versus earlier forecast of 28-29.9 MMboe.
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.
US Crude Oil Is Heading for a New High(Continued from Prior Part)Changes in inventory levelsOn April 24, the EIA (U.S. Energy Information Administration) is scheduled to announce last week’s US crude oil inventory data. A rise of less than 0.14
US Crude Oil Is Heading for a New High(Continued from Prior Part)Futures spreadOn April 22, the US crude oil June 2019 futures closed ~$3.9 above the June 2020 futures. On April 15, the futures spread was at a premium of $2.6. On April 15–22, US
Key Events in the Energy Sector Last Week(Continued from Prior Part)Energy stocksIn the week ending on April 18, upstream stock Gulfport Energy (GPOR) fell the most among the stocks in the energy space. The stocks are included in the following
Long term investing is the way to go, but that doesn't mean you should hold every stock forever. It hits us in the gut when we see fellow investors suffer a loss. Anyone who held Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) for five...