Carrizo Oil & Gas (CRZO) Tops Q4 EPS by 10c

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Carrizo Oil & Gas, Inc. Announces Fourth Quarter and Year-End Results and Provides 2016 Guidance

February 22, 2016 4:30 PM EST

HOUSTON, Feb. 22, 2016 (GLOBE NEWSWIRE) -- Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today announced the Companys financial results for the fourth quarter of 2015 and provided an operational update, which includes the following highlights:

Record Oil Production of 24,942 Bbls/d, 13% above the fourth quarter of 2014Record Total Production of 40,159 Boe/d, 7% above the fourth quarter of 2014Loss From Continuing Operations of $380.7 million, or ($6.73) per diluted share, and Adjusted Net Income (as defined below) of $18.5 million, or $0.32 per diluted shareAdjusted EBITDA (as... More