Noteworthy Buzzer: Carrizo Oil & Gas, Inc. (CRZO)

Paterniano Del Favero
Giugno 23, 2017

Caymus Capital Partners L.P. now owns 1,401,800 shares of the oil and gas producer's stock worth $40,176,000 after buying an additional 1,271,800 shares in the last quarter.

More than half of oil and gas firms are planning for growth even though they say the slide in the pound and higher resulting costs remain "challenges" for the sector, notes the sixth annual Bank of Scotland Oil & Gas Report. JOHNSON S P IV sold $85,594 worth of stock or 3,232 shares. Smith Richard H also sold $191,707 worth of Carrizo Oil & Gas Inc (NASDAQ:CRZO) shares. Arizona State Retirement System holds 0.02% of its portfolio in Carrizo Oil & Gas Inc (NASDAQ:CRZO) for 31,549 shares.

United Kingdom upstream regulator, the Oil and Gas Authority (OGA), published a new strategy June 22 outlining how the economic recovery of "tight gas" from the shallow water Southern North Sea (SNS) basin can be maximised. State Street Corp now owns 2,513,763 shares of the oil and gas producer's stock valued at $93,883,000 after buying an additional 99,825 shares during the last quarter. IL now owns 8,390 shares of the oil and gas producer's stock valued at $242,000 after buying an additional 181 shares during the period. On November 7 the stock rating was upgraded from "Accumulate" to "Buy" in a statement from KLR Group.

Carrizo Oil & Gas (NASDAQ:CRZO) has grabbed attention from the analysts, when it saw a value decrease of -8.84% or -1.58 points in the last trading session to close at $16.3. The Beta for the company stands at 2.03 and its Average True Range (ATR) shows a value of 1.17. This change led market cap to move at $1.06B, putting the price -62.92% below the 52-week high and -3.38% above the 52-week low. Corecommodity Ltd Com has invested 0.4% in Carrizo Oil & Gas Inc (NASDAQ:CRZO). (NOG) stock price distance from twenty day simple moving average slumped at -16.17% while its distance from fifty day simple moving average declined -28.28% along with -45.07% below distance from two hundred simple moving averages.

While trading at volume above than average, Carrizo Oil & Gas, Inc.

08/06/2015 - Northern Oil and Gas, Inc. had its "market perform" rating reiterated by analysts at BMO Capital Markets. Carrizo Oil & Gas had a negative return on equity of 128.17% and a negative net margin of 63.08%. The company's revenue was up 86.3% on a year-over-year basis. Looking out over a next 5-year period, analysts expect the company to see its earnings go up by 29.16%, annually. Carrizo Oil & Gas's quarterly revenue was up 86.3% compared to the same quarter past year.

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Other analysts also recently issued reports about the stock. (CRZO) reported loss -8.84% in recent buying and selling session with closing price of $ 16.30. Williams Capital reissued a "buy" rating and issued a $42.00 price target on shares of Carrizo Oil & Gas in a report on Tuesday, May 9th. It is positive, as 23 investors sold Carrizo Oil & Gas Inc shares while 65 reduced holdings.

05/12/2016 - Northern Oil and Gas, Inc. was downgraded to "neutral" by analysts at National Securities. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company's stock.

When it comes to the Analysis of a Stock, Price Target plays a vital role. In other Carrizo Oil & Gas news, Director Frank A. Wojtek sold 2,800 shares of the company's stock in a transaction that occurred on Tuesday, May 16th. The Company's year to date (YTD) performance is now negative at -49.09%. Following the sale, the general counsel now owns 88,360 shares in the company, valued at $2,378,651.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. On Friday, March 17 the insider Pitts David L. sold $488,952. The disclosure for this sale can be found here.

Last time, the company shocked Wall Street by reporting EPS of $0.18, smashing the consensus of $0.13 per share. Mackenzie Financial Corp augmented its stake by buying 698,000 shares an increase of 7,755.6% as of 03/31/2017.

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