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Carrizo Oil & Gas Inc (CRZO.OQ)

CRZO.OQ on NASDAQ Stock Exchange Global Select Market

7.55USD
15 Nov 2019
Change (% chg)

$0.00 (+0.00%)
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Volume
1,586
Avg. Vol
1,696,266
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$18.63
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$6.88

Latest Key Developments (Source: Significant Developments)

Paulson & Co. Votes Against Proposed Callon Acquisition Of Carrizo
Thursday, 7 Nov 2019 

Nov 6 (Reuters) - Carrizo Oil & Gas Inc ::PAULSON & CO. VOTES AGAINST PROPOSED CALLON ACQUISITION OF CARRIZO.PAULSON & CO - WELCOMES ISS' & GLASS LEWIS' REJECTION OF CARRIZO DEAL.  Full Article

Carrizo Oil & Gas Reports Q3 Earnings Per Share $1.11
Tuesday, 5 Nov 2019 

Nov 4 (Reuters) - Carrizo Oil & Gas Inc ::CARRIZO OIL & GAS ANNOUNCES THIRD QUARTER RESULTS.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.69 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $1.11.Q3 EARNINGS PER SHARE ESTIMATE $0.66 -- REFINITIV IBES DATA.QTRLY TOTAL PRODUCTION OF 69,971 BOE/D, 8% ABOVE Q3 OF 2018.QTRLY CRUDE OIL PRODUCTION OF 45,587 BBLS/D, 12% ABOVE Q3 OF 2018.QTRLY REVENUE $257 MILLION VERSUS $303.4 MILLION.Q3 REVENUE VIEW $264.8 MILLION -- REFINITIV IBES DATA.DOES NOT, IN GENERAL, PLAN TO PROVIDE OR UPDATE GUIDANCE DURING PENDENCY OF MERGER WITH CALLON PETROLEUM.  Full Article

Callon Urges Shareholders To Vote "For" The Acquisition Of Carrizo
Monday, 4 Nov 2019 

Nov 4 (Reuters) - Callon::CALLON URGES SHAREHOLDERS TO VOTE "FOR" THE ACQUISITION OF CARRIZO.CALLON - "STRONGLY DISAGREES" WITH ISS'S RECOMMENDATION RELATED TO CARRIZO OIL & GAS.  Full Article

Lion Point Capital Purchased Shares Of Callon Following Announcement Of Sale
Wednesday, 30 Oct 2019 

Oct 29 (Reuters) - Lion Point Capital::LION POINT CAPITAL SAYS FOLLOWING ANNOUNCEMENT OF SALE, PURCHASED SHARES OF CALLON.LION POINT CAPITAL SAYS INTEND TO CONTINUE DISCUSSIONS WITH CALLON’S MANAGEMENT REGARDING POTENTIAL OPPORTUNITIES FOR NEWLY MERGED COMPANY.LION POINT CAPITAL REPORTS 4.95% STAKE IN CARRIZO OIL & GAS AS OF OCT. 25, 2019-SEC FILING.  Full Article

Callon Files Investor Presentation Highlighting Significant Benefits Of Transaction With Carrizo
Tuesday, 22 Oct 2019 

Oct 22 (Reuters) - Callon Petroleum Co ::CALLON FILES INVESTOR PRESENTATION HIGHLIGHTING SIGNIFICANT BENEFITS OF TRANSACTION WITH CARRIZO.CALLON PETROLEUM - COMBINED PORTFOLIO FROM DEAL EXPECTED TO LOWER CORPORATE FCF BREAK-EVEN FROM $55 PER BARREL TO ABOUT $50 PER BARREL IN 2020.CALLON PETROLEUM - COMBINATION IS EXPECTED TO GENERATE SYNERGIES OF $850 MILLION IN NET PRESENT VALUE.CALLON PETROLEUM CO - EXPECTS TO ACHIEVE ANNUAL RUN-RATE OPERATIONAL SYNERGIES OF $65-$85 MILLION.CALLON PETROLEUM - COMBINATION IS IMMEDIATELY ACCRETIVE TO METRICS INCLUDING EPS, CFPS AND FCFPS, DEBT ADJUSTED GROWTH PER SHARE AND NET ASSET VALUE.CALLON PETROLEUM - BOARD UNANIMOUSLY RECOMMENDS SHAREHOLDERS VOTE "FOR" CARRIZO MERGER AGREEMENT.CALLON PETROLEUM CO - SPECIAL MEETING WILL BE HELD ON NOVEMBER 14, 2019, AT 9:00 A.M. CENTRAL TIME.  Full Article

Carrizo Oil & Gas Says Production Volumes During Q3 Of 2019 Are Currently Expected To Be 69,500-69,600 BOE/d
Thursday, 17 Oct 2019 

Oct 16 (Reuters) - Carrizo Oil & Gas Inc ::CARRIZO OIL & GAS PROVIDES THIRD QUARTER OPERATIONAL UPDATE.CARRIZO OIL & GAS INC - PRODUCTION VOLUMES DURING Q3 OF 2019 ARE CURRENTLY EXPECTED TO BE 69,500-69,600 BOE/D, AN INCREASE OF APPROXIMATELY 6% FROM Q2.CARRIZO OIL & GAS INC - CRUDE OIL PRODUCTION IS EXPECTED TO ACCOUNT FOR APPROXIMATELY 66% OF CO'S PRODUCTION DURING QUARTER.  Full Article

Callon On Paulson & Co Fund's Filing Says Co Remains Confident In Strategic And Financial Benefits Of Combination With Carrizo
Tuesday, 10 Sep 2019 

Sept 9 (Reuters) - Callon Petroleum Co ::CALLON COMMENTS ON PAULSON & CO. FILING.CALLON PETROLEUM CO- MAINTAINS AN OPEN DIALOGUE WITH ALL OF CO'S SHAREHOLDERS.CALLON PETROLEUM CO - REMAIN CONFIDENT IN STRATEGIC AND FINANCIAL BENEFITS OF COMBINATION WITH CARRIZO.CALLON PETROLEUM CO - PRO FORMA CO WILL ALLOCATE MORE CAPITAL TO PERMIAN BASIN THAN COMBINED CALLON AND CARRIZO STANDALONE DEVELOPMENT PLANS.  Full Article

Carrizo Oil & Gas Q1 Earnings Per Share $1.58
Wednesday, 8 May 2019 

May 7 (Reuters) - Carrizo Oil & Gas Inc ::CARRIZO OIL & GAS ANNOUNCES FIRST QUARTER RESULTS.Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.47 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE $1.58.Q1 EARNINGS PER SHARE ESTIMATE $0.41 -- REFINITIV IBES DATA.QTRLY TOTAL PRODUCTION OF 61,960 BOE/D, 21% ABOVE Q1 OF 2018.QTRLY CRUDE OIL PRODUCTION OF 40,727 BBLS/D, 19% ABOVE Q1 OF 2018.2019 DC&I CAPITAL EXPENDITURE GUIDANCE MAINTAINED AT $525-$575 MILLION.2019 PRODUCTION GUIDANCE REITERATED AT 66,800-67,800 BOE/D.FOR Q2 OF YEAR, CARRIZO EXPECTS PRODUCTION TO BE 66,500-67,500 BOE/D.QTRLY TOTAL REVENUES $233.04 MILLION VERSUS 225.28 MILLION.Q1 EARNINGS PER SHARE VIEW $0.41, REVENUE VIEW $227.1 MILLION -- REFINITIV IBES DATA.  Full Article

Carrizo Oil & Gas Reports Fourth Quarter Earnings Per Share of $2.75
Tuesday, 26 Feb 2019 

Feb 25 (Reuters) - Carrizo Oil & Gas Inc ::CARRIZO OIL & GAS ANNOUNCES FOURTH QUARTER AND YEAR-END 2018 RESULTS.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.56 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $2.75.Q4 EARNINGS PER SHARE ESTIMATE $0.56 -- REFINITIV IBES DATA.QTRLY TOTAL PRODUCTION OF 68,328 BOE/D, 9% ABOVE Q4 OF 2017 AND 6% ABOVE Q3 OF 2018.QTRLY CRUDE OIL PRODUCTION OF 43,040 BBLS/D, 7% ABOVE Q4 OF 2017.CARRIZO IS REITERATING ITS 2019 PRODUCTION GUIDANCE OF 66,800-67,800 BOE/D.  Full Article

Carrizo Oil & Gas Inc Sees Achieving Positive Free Cash Flow In Q3 Of Year
Thursday, 7 Feb 2019 

Carrizo Oil & Gas Inc ::CARRIZO OIL & GAS ANNOUNCES 2019 CAPITAL PROGRAM AND PROVIDES AN UPDATE ON FOURTH QUARTER OPERATIONS.CARRIZO OIL & GAS INC - TARGETING 2019 DC&I CAPITAL SPENDING OF $525-$575 MILLION.CARRIZO OIL & GAS INC - FORECASTING 2019 PRODUCTION OF 66,800-67,800 BOE/D, EQUIVALENT TO ANNUAL GROWTH OF APPROXIMATELY 11%.CARRIZO OIL & GAS INC - CRUDE OIL PRODUCTION IS EXPECTED TO ACCOUNT FOR APPROXIMATELY 63% OF COMPANY'S PRODUCTION FOR 2019.CARRIZO OIL & GAS INC - PRELIMINARY PRODUCTION VOLUMES DURING Q4 OF 2018 WERE 68,328 BOE/D, AN INCREASE OF 6% VERSUS PRIOR QUARTER..CARRIZO OIL & GAS INC - FOR 2019, INITIAL DRILLING, COMPLETION, AND INFRASTRUCTURE (DC&I) CAPITAL EXPENDITURE GUIDANCE OF $525-$575 MILLION.CARRIZO OIL & GAS INC - EXPECTS TO DRILL 75-85 GROSS OPERATED WELLS AND COMPLETE 95-105 GROSS OPERATED WELLS DURING 2019.CARRIZO OIL & GAS INC - CURRENTLY PLANS TO REDUCE ITS RIG COUNT IN EAGLE FORD SHALE FROM FOUR TO ONE BY END OF Q1.CARRIZO OIL & GAS INC - CRUDE OIL PRODUCTION IS EXPECTED TO ACCOUNT FOR APPROXIMATELY 63% OF COMPANY'S PRODUCTION FOR 2019.CARRIZO OIL & GAS INC - REDUCING OPERATED ACTIVITY TO ONE RIG IN EAGLE FORD SHALE AND TWO TO THREE RIGS IN DELAWARE BASIN IN 2019.CARRIZO OIL & GAS INC SEES ACHIEVING POSITIVE FREE CASH FLOW IN Q3 OF YEAR.CARRIZO OIL & GAS INC - 2019 PLAN IS DESIGNED TO FACILITATE LONG-TERM, DISCIPLINED GROWTH WITHIN CASH FLOW IN A MID-$50S NYMEX OIL PRICE ENVIRONMENT.  Full Article

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Callon Petroleum slashes Carrizo bid, hoping to save shale merger

HOUSTON U.S. shale producer Callon Petroleum on Thursday sharply cut its offer for rival Carrizo Oil & Gas postponed a shareholder vote in a last ditch effort to win support for the deal.