|Bid||12.450 x 1000|
|Ask||12.460 x 1000|
|Day's Range||12.34 - 13.72|
|52 Week Range||12.34 - 31.57|
|Beta (3Y Monthly)||2.97|
|PE Ratio (TTM)||10.83|
|Earnings Date||Feb 25, 2019 - Mar 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.05|
On December 5–12, our list of oil-weighted stocks rose 7.4% compared to the 3.3% fall in US crude oil January futures. On average, our list of oil-weighted stocks underperformed US crude oil prices. All of the oil-weighted stocks closed in the red during this period.
In the week that ended on November 30, US crude oil inventories were 6% higher than their five-year average—one percentage point less than in the previous week. Oil prices and the inventories spread usually move inversely.
On December 10, US crude oil January 2019 futures closed ~$1.65 below January 2020 futures. On December 3, the futures spread was at a discount of ~$1.12. From December 3 to 10, US crude oil January futures fell 3.7%.
Between November 30 and December 7, Ultra Petroleum (UPL) fell the most on our list of upstream energy stocks. In fact, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 3.9%—the second-largest fall among the major energy ETFs under discussion.
On December 5, US crude oil January futures fell 0.7% and closed at $52.89 per barrel. The market wasn’t expecting a significant production cut during OPEC’s meeting on December 6, which might have dragged oil prices. On December 5, US equity markets were closed.
Carrizo Oil & Gas, Inc. today announced that management is scheduled to present at the following upcoming conferences. A webcast of the presentations, if available, as well as the slide books used, can be accessed on the Carrizo website at http://www.carrizo.com under the “Investor Relations” section.
Houston-based Carrizo (Eagle Ford) LLC, a subsidiary of Carrizo Oil and Gas Inc., is making its first play in McMullen County since July 2017. The company applied for five new drilling permits for horizontal wells in McMullen County’s Eagleville Field with the Railroad Commission of Texas, marking the first time the company has applied for new drilling permits on its PHZ Unit lease since 2015 and the largest set of permits the company has requested at one time for the lease.
On November 21, US crude oil January futures rose 2.2% and closed at $54.63 per barrel. The market’s hope for a production cut agreement in OPEC’s meeting on December 6 might have helped oil prices to rise despite a buildup in the inventory. On November 21, the U.S. Energy Information Administration reported a rise of 4.9 MMbbls (million barrels) in US crude oil inventories last week compared to Reuters’ poll for a rise of 2.9 MMbbls.
Buckingham Capital Management, Inc. is a New York-based privately-held investment management firm founded in 1985 by David Keidan. He gained an extensive experience in the investment business during his 50 year-long career. After graduating from Harvard College with magna cum laude in 1966 and earning an MBA from Harvard Business School two years later, David […]
On November 7–14, our list of oil-weighted stocks fell 11.2%—compared to the 8.8% fall in US crude oil December futures. On average, our list of oil-weighted stocks underperformed US crude oil prices. In the previous part, we saw that most of these oil-weighted stocks’ correlations with oil prices rose significantly.
On November 14, US crude oil December futures rose 1% and closed at $56.25 per barrel. News of OPEC’s rescue plan might have helped US crude oil prices end the three-day losing streak.
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
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.
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.