Stocks to Watch For: Carrizo Oil & Gas Inc. (NASDAQ:CRZO)


Carrizo Oil & Gas Inc. (NASDAQ:CRZO) added 20.39% and closed its last session at $42.34. The stock has the market capitalization of $2.76 Billion with the total outstanding shares of 65.13 Million. Carrizo Oil & Gas Inc.. has Analysts’ Mean Recommendation of 1.32 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 0 for trailing twelve months while its Forward P/E is 33.82.

Carrizo Oil & Gas Inc. (NASDAQ:CRZO) touched its 52-Week High of $43.56 on Oct 10, 2016 while it’s 52-Week Low of $16.1 on Jan 20, 2016. The company currently has Return on Assets of -64.6 percent, Return on Equity of 0% and Return on Investment of -70 percent. The stock currently showing Weekly Volatility of 5.87%% and Monthly Volatility of 4.95% Percent with Average True Range of 2.13 and Beta of 2.1.

The 23 analysts offering 12-month price forecasts for Carrizo Oil & Gas Inc have a median target of 47.00, with a high estimate of 59.00 and a low estimate of 36.00. The median estimate represents a +11.01% increase from the last price of 42.34.

Press Release:

The Company on 18 November declared that management is scheduled to present at the following upcoming conference.

Capital One 11th Annual Energy Conference
Wednesday, December 7, 2016 at 9:20 AM CST
New Orleans, LA

Company Profile:

Carrizo Oil & Gas, Inc. is a Houston-based energy company actively engaged in the exploration, development, exploitation and production of oil and natural gas primarily in proven trends in the Barnett Shale area in North Texas and along the Texas and Louisiana onshore Gulf Coast regions. Carrizo controls significant prospective acreage blocks and utilizes advanced three-D seismic techniques to identify potential oil and gas reserves and drilling opportunities.