Carrizo Oil & Gas Inc (CRZO): Richard H Smith , Vice President – Land of Carrizo Oil & Gas Inc sold 3,329 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $38.10 per share for a total value of $126,311.37 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 1, 2016, David L. Pitts (VP & Chief Financial Officer) sold 4,142 shares at $38.08 per share price.On Jun 1, 2016, S P Iv Johnson (President and CEO) sold 12,598 shares at $38.09 per share price.Also, On Jun 1, 2016, John Bradley Fisher (VP & Chief Operating Officer) sold 8,282 shares at $38.09 per share price.On Jun 1, 2016, Gregory F Conaway (VP & Chief Accounting Officer) sold 643 shares at $37.97 per share price.
Shares of Carrizo Oil & Gas Inc (CRZO) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.08% at $38.47 with 14,46,226 shares getting traded. Post opening the session at $37.77, the shares hit an intraday low of $37.115 and an intraday high of $38.55 and the price vacillated in this range throughout the day. The company has a market cap of $2,261 M and the number of outstanding shares has been calculated to be 5,87,78,280 shares. The 52-week high of Carrizo Oil & Gas Inc is $53.89 and the 52-week low is $16.1022.
Company has been under the radar of several Street Analysts.Carrizo Oil & Gas Inc is Downgraded by KLR Group to Accumulate. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 24, 2016.Carrizo Oil & Gas Inc is Upgraded by JP Morgan to Overweight. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 13, 2016.Carrizo Oil & Gas Inc is Reiterated by Imperial Capital to Outperform and the brokerage firm has raised the Price Target to $ 39 from a previous price target of $30 .The Rating was issued on May 6, 2016.Carrizo Oil & Gas Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 40 from a previous price target of $38 .The Rating was issued on May 5, 2016.Carrizo Oil & Gas Inc is Reiterated by Imperial Capital to Outperform and the brokerage firm has raised the Price Target to $ 39 from a previous price target of $30 .The Rating was issued on May 5, 2016.
Carrizo Oil & Gas Inc. (Carrizo) is an energy company. The Company is engaged in the exploration development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven producing oil and gas plays in the Eagle Ford Shale in South Texas the Utica Shale in Ohio the Niobrara Formation in Colorado and the Marcellus Shale in Pennsylvania. The Companys core Eagle Ford properties are located in LaSalle County in McMullen Frio and Atascosa counties in Texas. It has joint venture arrangements with GAIL GLOBAL (USA) INC. (GAIL) which is a wholly owned subsidiary of GAIL (India) Limited. The Company serves as an operator of the properties covered by its Niobrara joint venture arrangements. The Companys activities in the Marcellus are conducted through two joint ventures.