Hot Heal Care Stocks To Buy Right Now: Carrizo Oil & Gas Inc.(CRZO)
Carrizo Oil & Gas, Inc., an independent energy company, engages in the exploration, development, and production of oil and gas in the United States and the United Kingdom. The company holds interest in crude oil and liquids plays in the Eagle Ford Shale in south Texas; the Niobrara Formation in Colorado; the Utica Shale in Ohio and Pennsylvania; and the Huntington Field in the U.K. North Sea. It also owns interest in natural gas plays in the Barnett Shale in North Texas; and the Marcellus Shale in Pennsylvania, New York, and West Virginia; as well as in the onshore Gulf Coast area and the Camp Hill field in Texas. As of December 31, 2011, the company had a proved oil and gas reserves of 935.6 billion cubic feet equivalent comprising 728 billion cubic feet of natural gas; 30.5 million barrels of oil or other liquid hydrocarbons (MMbbls) of oil and condensate; and 4.1 MMbbls of natural gas liquids, as well as operated 349 gross producing oil and gas wells. Carrizo Oil & Gas, Inc. was founded in 1993 and is based in Houston, Texas.Advisors' Opinion:
- [By Robert Rapier]
Eagle Ford crude driller Carrizo Oil & Gas (Nasdaq: CRZO) is up nearly 14 percent since we added it to the Aggressive Portfolio on Dec. 11, and here too there was no company-specific news. Rather, Carrizo appears to have benefited from the end in mid-December of the sharp autumn correction in drillers’ share prices.
- [By Richard Moroney]
Carrizo Oil & Gas (CRZO) focuses on proven shale properties in Colorado, Ohio, Pennsylvania, and Texas. Its Eagle Ford operations, which span more than 50,000 drillable acres in Texas, have estimated oil and gas reserves of 173 million barrels, or about 42% of Carrizo's total.
- [By Aimee Duffy]
Production results have fueled record numbers! for producers big and small, including EOG Resources (NYSE: EOG ) and Carrizo Oil & Gas (NASDAQ: CRZO ) . EOG is the largest producer in the play, and production has exceeded management's expectations, reaching 153,000 barrels of oil equivalent per day by the end of the first quarter of this year. Carrizo is a much smaller operation, but its production has also exceeded management's expectations, reaching 9,500 bpd in the second quarter.
source from Top Stocks For 2015:http://www.topstocksblog.com/hot-heal-care-stocks-to-buy-right-now-3.html