Steve Zachritz
Growth, long-term horizon, commodities, oil & gas

Carrizo Oil & Gas - Good Getting Better

Carrizo Oil and Gas (NASDAQ:CRZO) Posts Q2'14 Update

Note: In the wake of the quarter, we are updating pieces on some of our owned names where the reporting day was particularly busy and where we wanted to review the story as a whole.

Quick Prenutshell: Carrizo is an oily-getting-oilier story driven by growth from its Eagle Ford segment (60% of Q2'14 volumes), with volumes also ramping in the Niobrara now (nice operated wells - see below) and near-term catalysts coming from both the Niobrara and Utica. A new position in the Permian may offer additional interest in 2015. Margins will be expanding, and we see the name as inexpensive for what you get: 57% oil growth this year,...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details