Carrizo Oil & Gas Announces Eagle Ford Shale Acquisition and Estimated Third Quarter Production
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FBR Capital Cuts Price Target on Carrizo Oil & Gas (CRZO) Following Announced Eagle Ford Shale Acquisition
October 25, 2016 9:17 AM EDTFBR Capital maintained an Outperform rating on Carrizo Oil & Gas (NASDAQ: CRZO), and cut the price target to $50.00 (from $51.00), following the company's announced acquisition in the Eagle Ford Shale for $181 million. The package consists of 15,000 net acres with 80 net risked drilling locations in close proximity to CRZOs existing... More
