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CRZO

Carrizo Oil & Gas, Inc.

6/20/2013, 6:59 AM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
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| On the move

Monday, June 17, 8:26 AM Carrizo Oil & Gas (CRZO) +2.3% premarket after raising its Q2 oil production guidance to 10,800-11,200 bbl/day from 9,600-10,000 bbl/day and its full-year 2013 crude oil production growth target to 40% from 28%, based on strong Eagle Ford shale results. Full-year capex plan is raised to $530M-$540M from $500M. Comment! [Energy, On the Move]
Thursday, June 6, 7:57 AM India's Reliance Industries (RLNIY.OB) plans to invest 1.5T rupees ($26.4B) in its businesses over three years, Chairman Mukesh Ambani says, adding its U.S. shale gas activities had doubled its revenues in the past year and it would forge long-term partnerships to source crude for its refineries. Reliance signed JV energy deals in 2010 with ATLS, PXD and CRZO. 1 Comment [Energy]
Tuesday, May 7, 6:32 AM Carrizo Oil & Gas (CRZO): Q1 EPS of $0.54 beats by $0.09. Revenue of $118.2M beats by $5.11M. (PR) Comment! [Earnings, Breaking News]
Tuesday, May 7, 12:05 AM Notable earnings before Tuesday’s open: ACM, AFAM, AKRX, ALLT, ARCC, ARIA, BCRX, CHTR, CMLP, CNK, CQB, CRZO, CVLT, DFT, DISCA, DTV, DWRE, EMR, ENDP, FE, FOSL, HCN, HFC, HPT, HSIC, KWK, LPX, NRG, NRGY, NVAX, OAK, OMX, PQ, PRGO, RIGL, SHOO, TA, TAP, TDG, TGH, TICC, TRGT, TW, WRES, XEC 2 Comments [Earnings]
Monday, May 6, 5:30 PM Notable earnings before Tuesday's open: ACM, AFAM, AKRX, ALLT, ARCC, ARIA, BCRX, CHTR, CMLP, CNK, CQB, CRZO, CVLT, DFT, DISCA, DTV, DWRE, EMR, ENDP, FE, FOSL, HCN, HFC, HPT, HSIC, KWK, LPX, NRG, NRGY, NVAX, OAK, OMX, PQ, PRGO, RIGL, SHOO, TA, TAP, TDG, TGH, TICC, TRGT, TW, WRES, XEC Comment! [Earnings]
Wednesday, April 24, 10:02 AM Big funds are getting involved with Carrizo Oil & Gas (CRZO +5.8%), as Citadel Advisors discloses a 4.6% passive stake filed as a notice that the firm ceases to be the beneficial owner of 5% or more of the stock. Also, CRZO is initiated with a Buy rating and $31 price target at SunTrust. Comment! [Energy, On the Move]
Tuesday, February 26, 8:27 AM More on Carrizo Oil & Gas' (CRZO) Q4 results: Set Q4 records for oil production, natural gas and total production of 25,859 boe/day. Yesterday, CRZO preannounced 2012 production and reserve growth that beat expectations. Shares +5.9% premarket. Comment! [Energy, Earnings, On the Move]
Tuesday, February 26, 6:33 AM Carrizo Oil & Gas (CRZO): Q4 EPS of $0.54 beats by $0.19. Revenue of $107.5M beats by $0.39M. (PR) Comment! [Earnings, Breaking News]
Tuesday, February 26, 12:05 AM Notable earnings before Tuesday’s open: AG, AKRX, AMED, AMT, AUXL, AZO, BMO, BYD, CBRL, CIE, CMLP, CRZO, ECL, EXPD, GTI, HD, HFC, M,MFA, PCS, RRD, RSH, SKS, SPRD, SRE, THC, TSL, UNFI, UTHR Comment! [Earnings]
Monday, February 25, 5:30 PM Notable earnings before Tuesday’s open: AG, AKRX, AMED, AMT, AUXL, AZO, BMO, BYD, CBRL, CIE, CMLP, CRZO, ECL, EXPD, GTI, HD, HFC, M,MFA, PCS, RRD, RSH, SKS, SPRD, SRE, THC, TSL, UNFI, UTHR Comment! [Earnings]
Monday, February 25, 11:24 AM Carrizo Oil & Gas (CRZO +3.5%) announces 2012 U.S. proved reserves of 115.1M boe, including record proved oil reserves of 39.1M bbls (up 58% Y/Y) and record PV-10 proved reserves value of $1.4B (up 64% Y/Y), and record 2012 production of 9.4M boe (up 26% Y/Y), including Q4 production above guidance for both oil and gas. Successfully replaced 303% of 2012 output. Comment! [Energy, On the Move]
Wednesday, January 23, 3:12 PM Carrizo Oil & Gas (CRZO -3%) is cut to Hold from Buy at KeyBanc, which views CRZO's lack of capital discipline as harmful to value creation and the resulting free cash flow deficits it forecasts through 2014 exposing it to excess risk in the event of a depressed commodity price environment given an already over-leveraged balance sheet. 2 Comments [Energy, Quick Ideas, On the Move]
Friday, January 18, 11:18 AM Credit Suisse cuts its ratings and price targets on three smaller oil producers: Carrizo's (CRZO -2.5%) leverage is too high to be overcome in terms of creating long-term value, Kodiak's (KOG -1.3%) share price has been propped up by the company's frequent mention as a takeover target, and Whiting's (WLL -2.2%) future growth is being driven by projects with diminishing returns. 4 Comments [Energy, Quick Ideas, On the Move]
Tuesday, January 15, 8:34 AM Carrizo Oil & Gas (CRZO) plans to spend $500M on drilling and completion in the coming year, with activities concentrated on the Eagle Ford shale, and aims to hike oil output by 28% Y/Y in 2013 while natural gas output declines 3%. Q4 oil and natural gas production is expected near the high end of guidance of 8.1-8.7K bbl/day and 88-99M cf/day, respectively. Comment! [Energy]
Monday, January 7, 12:48 PM Lanzhou Haimo Technologies confirms a deal to invest $27.5M in Carrizo Oil & Gas' (CRZO -2.9%) Niobrara energy assets in Colorado, China Daily reports, marking the first investment by a private Chinese company into shale oil and gas exploration in a U.S. oilfield. In return, Lanzhou will receive a 14.29% stake in the assets. (earlier) 2 Comments [Energy, Global & FX, On the Move]
Friday, December 28, 2012, 8:54 AM Carrizo Oil and Gas (CRZO) agrees to sell its interest in the Huntington Field in the U.K. North Sea to Iona Energy (IONAF.PK) for $184M. CRZO expects to apply the proceeds from the sale to fund part of its 2013 capital investment needs and pay down debt. 1 Comment [Energy]