Current CRZO Stock Info

Higher-than-expected Delaware production is both a blessing and curse
Carrizo Oil & Gas (ticker: CRZO) reported fourth quarter results and reserves today, announcing a net loss of $23.4 million, or ($0.29) per share. Carrizo earned a total of $78.5 million in 2017, far above the company’s net loss of $675.5 million in 2016.

Carrizo produced 62.4 MBOEPD this quarter, above the high end of the company’s guidance. This represents year-over-year growth of 39%, as Carrizo produced 44.8 MBOEPD in Q4 2016. The vast majority of this growth is d...

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