Carrizo Oil & Gas Inc (CRZO): S P Iv Johnson , President and CEO of Carrizo Oil & Gas Inc sold 6,000 shares on Jul 5, 2016. The Insider selling transaction was reported by the company on Jul 11, 2016 to the Securities and Exchange Commission. The shares were sold at $35.03 per share for a total value of $210,198.00 , 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 6, 2016, Roger A Ramsey (director) sold 2,000 shares at $35.80 per share price.On Jun 6, 2016, Gerald A Morton (General Counsel & VP-Bus Dev) sold 800 shares at $37.83 per share price.Also, On Jun 6, 2016, S P Iv Johnson (President and CEO) sold 6,000 shares at $38.38 per share price.On Jun 1, 2016, Richard H Smith (Vice President – Land) sold 3,329 shares at $38.10 per share price.
Carrizo Oil & Gas Inc: On Friday, Jul 8, 2016 heightened volatility was witnessed in Carrizo Oil & Gas Inc which led to swings in the share price. The shares opened for trading at $35.85 and hit $35.87 on the upside , eventually ending the session at $35.49, with a gain of 1.69% or 0.59 points. The heightened volatility saw the trading volume jump to 9,12,102 shares. The 52-week high of the share price is $44.92 and the company has a market cap of $2,086 M . The 52-week low of the share price is at $16.1022.
Company has been under the radar of several Street Analysts.Carrizo Oil & Gas Inc is Initiated by Stifel to Buy and the brokerage firm has set the Price Target at $48. The Rating was issued on Jun 17, 2016.Carrizo Oil & Gas Inc is Reiterated by Canaccord Genuity to Buy and the brokerage firm has raised the Price Target to $ 44 from a previous price target of $38 .The Rating was issued on Jun 9, 2016.Carrizo Oil & Gas Inc is Upgraded by Seaport Global Securities to Accumulate. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jun 7, 2016.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. (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.