Carrizo Oil & Gas Announces Third Quarter Results

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Carrizo Oil & Gas (CRZO) Tops Q3 EPS by 14c, Revenues Beat

November 5, 2018 4:12 PM EST

Carrizo Oil & Gas (NASDAQ: CRZO) reported Q3 EPS of $0.94, $0.14 better than the analyst estimate of $0.80. Revenue for the quarter came in at $303.38 million versus the consensus estimate of $277.25 million.

S.P. Chip Johnson, IV, Carrizos President and CEO, commented on the results, The third quarter was another strong operational and financial quarter for the Company as we delivered production 3% above the high end of our guidance range with operating expenses below the midpoint of our guidance ranges. We continued to see the benefit of our dual-basin strategy during the quarter, as our Eagle Ford... More