Drawing Attention Towards Extraction Oil & Gas, Inc. (:XOG), What Are Analysts Predicting?

Erika Holt
October 7, 2017

(NASDAQ:CRZO) ended its day with of 3.86% and registered the last transition at the value of $17.20. Based on current valuation, the price target means that analysts expect the stock to move 57.55%. The correct version of this story can be viewed at https://www.truebluetribune.com/2017/10/07/capital-one-financial-corporation-analysts-boost-earnings-estimates-for-carrizo-oil-gas-inc-crzo.html. It also reduced Magna Intl Inc (NYSE:MGA) stake by 935,900 shares and now owns 71,403 shares. BlackRock Inc. raised its holdings in Carrizo Oil & Gas by 11.4% in the 2nd quarter. Also Pehub.com published the news titled: "Kalnin Ventures to acquire Marcellus Shale assets from Carrizo Oil & Gas for ..." on October 06, 2017. The stock of Federated Investors Inc (NYSE:FII) has "Sector Perform" rating given on Friday, June 30 by RBC Capital Markets. Frontier Capital Management Co. A total of 3,107,323 shares exchanged hands during the intra-day trade contrast with its average trading volume of 3.97M shares, while its relative volume stands at 0.78. Virginia Retirement Systems ET AL now owns 11,440 shares of the oil and gas producer's stock worth $328,000 after buying an additional 2,740 shares during the period.

10/19/2016 - Carrizo Oil & Gas, Inc. had its "outperform" rating reiterated by analysts at Imperial Capital. The stock's short float is around of 8.75% and short ratio is 8.33. The Price Range of Extraction Oil & Gas, Inc. (NASDAQ:CRZO) has gone weaker by -59.24%. The firm's market capitalization is $1.37 billion. The stock tapped a 52-week high of US$46.85 while the mean 12-month price target for the shares is US$40.38. After a recent check, the 14-day RSIfor Carrizo Oil & Gas (CRZO) is now at 63.70, the 7-day stands at 63.15, and the 3-day is sitting at 50.03.

For the Current Quarter, the growth estimate for Carrizo Oil & Gas Inc.is 8.7%, while for the Next Quarter the stock growth estimate is -22.7%. Capital One Financial Corporation also issued estimates for Carrizo Oil & Gas' Q4 2017 earnings at $0.30 EPS and FY2018 earnings at $1.18 EPS. The company had revenue of $166.50 million during the quarter, compared to analysts' expectations of $163.22 million. Carrizo Oil & Gas had a negative net margin of 0.98% and a positive return on equity of 1,494.45%.

Iridium Communications Inc. (IRDM) have shown a high EPS growth of 6.50% in the last 5 years and has earnings rose of 975.70% yoy.

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COPYRIGHT VIOLATION NOTICE: This piece was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this news story on another publication, it was illegally copied and reposted in violation of USA and worldwide copyright and trademark law. Dynamic Technology Lab Private Ltd lifted its holdings in Carrizo Oil & Gas by 260.8% in the second quarter.

Several brokerages recently issued reports on XOG. Royal State Bank Of Canada reported 0.02% of its portfolio in Carrizo Oil & Gas Inc (NASDAQ:CRZO). A ratio of under 1 typically indicates that the shares are undervalued.

The collective rating of 2 for Carrizo Oil & Gas, Inc. Piper Jaffray Companies dropped their target price on shares of Carrizo Oil & Gas from $43.00 to $24.00 and set a "neutral" rating for the company in a research report on Monday, September 18th. Finally, Zacks Investment Research upgraded Extraction Oil & Gas from a "hold" rating to a "buy" rating and set a $17.00 target price for the company in a research note on Friday, September 29th. On a monthly basis the stock is 27.48%. The Davenport & Company Llc holds 143,572 shares with $4.06B value, down from 146,672 last quarter. KLR Group downgraded the shares of CRZO in report on Tuesday, May 24 to "Accumulate" rating. Volume was up 241.80% over the stocks average daily volume. Following the completion of the acquisition, the director now directly owns 2,724,410 shares in the company, valued at approximately $37,842,054.90. Insiders contain to comply with strict disclosure requirements with regard to the sale or purchase of the shares of their company. Volume was up 241.80% over the stocks average daily volume.

Carrizo Oil & Gas, Inc is an energy company. 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 OH, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania.

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