Carrizo Oil & Gas Inc (CRZO) Files Form 4 Insider Selling : John Bradley Fisher Sells 27,831 Shares

Carrizo Oil & Gas Inc (CRZO): John Bradley Fisher , VP & Chief Operating Officer of Carrizo Oil & Gas Inc sold 27,831 shares on Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 28, 2016 to the Securities and Exchange Commission. The shares were sold at $35.06 per share for a total value of $975,368.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 8, 2016, Roger A Ramsey (director) sold 1,000 shares at $39.86 per share price.On Sep 8, 2016, S P Iv Johnson (President and CEO) sold 6,000 shares at $39.68 per share price.Also, On Aug 9, 2016, Frank A Wojtek (director) sold 1,750 shares at $33.98 per share price.On Jun 6, 2016, Gerald A Morton (General Counsel & VP-Bus Dev) sold 800 shares at $37.83 per share price.

Shares of Carrizo Oil & Gas Inc (CRZO) ended Tuesday, Sep 27, 2016 session in red amid volatile trading. The shares closed down -0.56 points or -1.61% at $34.22 with 15,26,975 shares getting traded. Post opening the session at $34, the shares hit an intraday low of $33.49 and an intraday high of $34.37 and the price vacillated in this range throughout the day. The company has a market cap of $2,018 M and the number of outstanding shares has been calculated to be 5,89,74,437 shares. The 52-week high of Carrizo Oil & Gas Inc is $43.97 and the 52-week low is $16.1022.

Carrizo Oil & Gas Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Carrizo Oil & Gas Inc is Reiterated by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 50 from a previous price target of $49 .The Rating was issued on Sep 6, 2016.Carrizo Oil & Gas Inc is Reiterated by Imperial Capital to Outperform and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $39 .The Rating was issued on Aug 17, 2016.Carrizo Oil & Gas Inc is Upgraded by KLR Group to Buy and the brokerage firm has raised the Price Target to $ 49 from a previous price target of $41 .Earlier the firm had a rating of Accumulate on the company shares. The Rating was issued on Jul 18, 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 Company’s 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 Company’s activities in the Marcellus are conducted through two joint ventures.

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