Jefferies Group Weighs in on Carrizo Oil & Gas Inc's FY2017 Earnings (CRZO)

Lloyd Doyle
November 28, 2017

This is lower than the both industry's 81.51 and the wider sector's 15.85. BlackRock Institutional Trust Company N.A. now owns 1,471,577 shares of the oil and gas producer's stock valued at $59,775,000 after buying an additional 68,658 shares during the period. (NasdaqGS:CRZO) presently has a 10 month price index of 0.54962. Van ECK Associates Corp now owns 9,028 shares of the oil and gas producer's stock worth $157,000 after buying an additional 1,177 shares in the last quarter.

Carrizo Oil & Gas (NASDAQ:CRZO) slid 8.8% in today's trade following the sale of the last of its non-core assets, in the Denver-Julesburg Basin in the Rockies, for $140M and up to $15M in contingent payments over the next three years.

Palisade Capital Management Llc increased Carrizo Oil & Gas Inc (CRZO) stake by 56.37% reported in 2017Q2 SEC filing. (NASDAQ:CRZO) has gone weaker by -49.06%. (NASDAQ:CRZO) traded down -0.55% in the last session while performance was up 20.05% in the last five days. Carrizo Oil & Gas Inc now has $1.62B valuation. CRZO's SI was 19.35 million shares in November as released by FINRA. Revenue during the quarter was $1.18 billion, representing 51% growth from $779.77 million in year-ago quarter. (NASDAQ:CRZO) has been trading recently. Narrowing in a bit closer, the 5 month price index is 1.24149, the 3 month is 1.50187, and the 1 month is now 1.32781. The shares were acquired at an average cost of $11.70 per share, with a total value of $877,500.00. Also, the current price highlights a discount of 124.44% to analysts' high consensus price target.


Carrizo previously announced that it had entered into agreements to sell substantially all of its assets in the Utica Shale and Marcellus Shale for cash proceeds of $62 million and $84 million, respectively, subject to customary closing terms and conditions, plus contingent payments based on the level of commodity prices over the next three years. (NASDAQ:CRZO) also leans strongly towards the neutral end of the spectrum. (NasdaqGS:CRZO) is 6. A score of nine indicates a high value stock, while a score of one indicates a low value stock. If the published price targets set by AMC Entertainment Holdings, Inc. analysts have any power to influence the stock's share price, the highest price target set for AMC is $33. LLC now owns 2,659,107 shares of the oil and gas producer's stock worth $46,322,000 after purchasing an additional 1,256,160 shares during the last quarter. (NYSE:UPS) Cheap From Peers? Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. UPS comes in with a P/S ratio of 1.53 that's greater than 1, potentially implying that it could be expensive relative to the overall sector (9.85) and its peers (0.6). Its minimum price target estimates has been figured out at $12 while the maximum price target forecast is established at $45. Carrizo Oil & Gas has a 1-year low of $11.10 and a 1-year high of $43.96.

AMC Entertainment Holdings, Inc. most recently reported earnings per share (EPS) of -$0.33 for the September 2017 versus $0.31 in the same quarter past year, representing -206% growth. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. (NYSE:UPS) has a market cap of $98.04 billion and over the last 12 months, UPS has declined by -2.2%. Royal Bank Of Canada restated a "buy" rating and set a $23.00 price objective on shares of Carrizo Oil & Gas in a research report on Friday, September 15th. That's a potential 7.16 gain from where (NYSE:UPS) has been trading recently. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $148. Carrizo Oil & Gas Inc. had 95 analyst reports since July 21, 2015 according to SRatingsIntel.

In company news, Tortoise Energy Infrastructure Corp ( TYG ) declined Monday, sinking nearly 2% to a session low of $25.27 a share after the investor in petroleum pipeline and storage assets late Friday said the managing director and portfolio manager at Tortoise Capital Advisors earlier last week purchased 340 of its shares at $24.53 apiece. (UPS) points to moderate case. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them.

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