Carrizo Oil & Gas Announces Estimated Third Quarter Production and Raises 2015 Crude Oil Production Growth Target
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Canaccord Genuity Cuts Price Target on Carrizo Oil & Gas (CRZO) Following 3Q15 Pre-Announcement
October 19, 2015 9:19 AM EDTCanaccord Genuity maintained a Buy rating on Carrizo Oil & Gas (NASDAQ: CRZO), and cut the price target to $50.00 (from $54.00), following the company's 3Q15 pre-announcement. CRZO pre-announced Q3/15 production volumes of 35.95 MBoe/d.(66% oil), exceeding the high end of the company's guidance range of 33.1-34.3... More
Carrizo Oil & Gas (CRZO) Est. Q3 Crude Production Outpaces Prior Guidance
October 15, 2015 4:12 PM EDTCarrizo Oil & Gas (NASDAQ: CRZO) provided an operational update, which included the following highlights:
Estimated third quarter crude oil production of 23,573 Bbls/d, 4% above the high-end of the guidance rangeRaising 2015 crude oil production growth target to 21%Added 8,000 Bbls/d of swaps for 2016 at a weighted average price of approximately $60/BblProduction volumes during the third quarter of 2015 are estimated to be 35,948 Boe/d. This... More
