Carrizo Oil & Gas (NASDAQ:CRZO) released its quarterly earnings data on Monday, February 26th. The oil and gas producer reported $0.58 EPS for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.12, Bloomberg Earnings reports. Carrizo Oil & Gas had a net margin of 11.68% and a return on equity of 48.04%. The firm had revenue of $246.77 million during the quarter, compared to analysts’ expectations of $238.06 million. During the same period in the previous year, the business posted $0.44 earnings per share. The company’s revenue for the quarter was up 71.6% compared to the same quarter last year.
Shares of Carrizo Oil & Gas (CRZO) opened at $15.35 on Wednesday. Carrizo Oil & Gas has a twelve month low of $11.10 and a twelve month high of $30.19. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 4.39. The company has a market capitalization of $1,251.37, a P/E ratio of 11.05 and a beta of 2.29.
In other Carrizo Oil & Gas news, CEO S P. Iv Johnson sold 8,000 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $18.57, for a total value of $148,560.00. Following the transaction, the chief executive officer now directly owns 223,194 shares of the company’s stock, valued at $4,144,712.58. The sale was disclosed in a legal filing with the SEC, which is available through this link. Over the last three months, insiders sold 24,000 shares of company stock worth $485,440. Insiders own 6.00% of the company’s stock.
Carrizo Oil & Gas Company Profile
Carrizo Oil & Gas, Inc is an energy company. The Company is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania.
Receive News & Ratings for Carrizo Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carrizo Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.