Canaccord Genuity Cuts Price Target on Carrizo Oil & Gas (CRZO) Following 3Q15 Pre-Announcement

Go back to Canaccord Genuity Cuts Price Target on Carrizo Oil & Gas (CRZO) Following 3Q15 Pre-Announcement

Pre-Open Stock Movers 10/16: (SFXE) (YOKU) (BOX) Higher; (ZFGN) (CEMP) (WYNN) Lower

October 16, 2015 9:39 AM EDT

Zafgen (NASDAQ: ZFGN) 34% LOWER; announced that it received verbal notice late yesterday from the U.S. Food and Drug Administration (FDA) that beloranib has been placed on partial clinical hold. This partial clinical hold impacts... More

Carrizo Oil & Gas (CRZO) Prices Larger 5.5M Common Stock Offering for Gross Proceeds of ~$212M

October 16, 2015 7:46 AM EDT

Carrizo Oil & Gas (NASDAQ: CRZO) announced that it has priced an underwritten public offering of 5,500,000 shares of its common stock, which was upsized from the previously announced offering of 5,300,000 shares. Carrizo has granted the underwriters an option to purchase up to 825,000 additional shares.... More

After-Hours Movers 10/15: (PTCT) (YUM) (AMD) Higher; (WYNN) (SAVE) (MAT) Lower (more...)

October 15, 2015 5:57 PM EDT

Wynn Resorts Ltd (NASDAQ: WYNN) 8.4% LOWER; reported Q3 EPS of $0.86, $0.02 worse than the analyst estimate of $0.88. Revenue for the quarter came in at $996.3 million versus the consensus estimate of $1.03 billion.

Las Vegas Sands Corp. (NYSE: LVS) 3.2% LOWER; down on Wynn results.

MGM Resorts International (NYSE: MGM) 3.1% LOWER; down on Wynn results.

Spirit (Nasdaq:... More

Carrizo Oil & Gas (CRZO) Est. Q3 Crude Production Outpaces Prior Guidance

October 15, 2015 4:12 PM EDT

Carrizo 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/Bbl

Production volumes during the third quarter of 2015 are estimated to be 35,948 Boe/d. This... More

Carrizo Oil & Gas (CRZO) to Offer 5.3M Shares

October 15, 2015 4:09 PM EDT

Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) commenced an underwritten public offering of 5,300,000 shares of its common stock. Carrizo has also granted the underwriters an option to purchase up to 795,000 additional shares. The underwriters may offer the shares of common stock... More