Carrizo Oil & Gas (CRZO) Tops Q1 EPS by 2c; Raises Production Growth Target
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Carrizo Oil & Gas Announces First Quarter Results and Increases 2017 Production Guidance
May 9, 2017 6:30 AM EDTHOUSTON, May 09, 2017 (GLOBE NEWSWIRE) -- Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today announced the Companys financial results for the first quarter of 2017 and provided an operational update, which includes the following highlights:
Crude oil production of 28,844 Bbls/d, 12% above the first quarter of 2016Total production of 46,367 Boe/d, 10% above the first quarter of 2016Net income of $40.0 million, or $0.61 per diluted share, and Net Cash Provided by Operating Activities of $76.4 million Adjusted Net Income of $12.1 million, or $0.18 per diluted... More