Key Developments: Carrizo Oil & Gas, Inc. (CRZO.O)

CRZO.O on Nasdaq

36.41USD
10:58am EDT
Change (% chg)

$1.63 (+4.69%)
Prev Close
$34.78
Open
$34.76
Day's High
$36.60
Day's Low
$33.08
Volume
343,356
Avg. Vol
1,227,964
52-wk High
$62.44
52-wk Low
$27.79

Search Stocks

Latest Key Developments (Source: Significant Developments)

Carrizo Oil & Gas Inc tightens FY 2015 oil production guidance
Thursday, 6 Aug 2015 06:30am EDT 

Carrizo Oil & Gas Inc:Tightens FY 2015 oil production guidance to 22,350-22,500 Bbls/d from 22,100-22,500 Bbls/d.  Full Article

Carrizo Oil & Gas Inc updates FY 2015 production guidance; gives Q2 2015 production guidance
Wednesday, 6 May 2015 06:30am EDT 

Carrizo Oil & Gas Inc:Is raising FY 2015 oil production guidance to 22,100-22,500 Bbls/d from 21,800-22,400 Bbls/d.Using the midpoint of this range, the Company's 2015 oil production growth guidance increases to 18 pct from 17 pct previously.For natural gas and NGLs, Carrizo is increasing FY 2015 guidance to 70-76 MMcfe/d from 65-75 MMcfe/d.Expects Q2 2015 oil production to be 21,400-21,800 Bbls/d and natural gas and NGL production to be 68-74 MMcfe/d.  Full Article

Carrizo Oil & Gas prices upsized offering of $650 mln of senior notes due 2023
Tuesday, 14 Apr 2015 05:00pm EDT 

Carrizo Oil & Gas, Inc:Priced an underwritten public offering of $650.0 million aggregate principal amount of senior notes due 2023 under its existing shelf registration statement.Says offering was upsized to $650.0 million aggregate principal amount from the original offering size of $600.0 million aggregate principal amount.Says offering is expected to close on April 28.Concurrent with the notes offering, Carrizo is conducting a cash tender offer for any and all of its 8.625pct Senior Notes due 2018 as well as a conditional call for redemption of the 8.625pct senior notes that are not repurchased pursuant to the tender offer prior to the redemption date.Intends to use a portion of the net proceeds from this offering to fund the repurchase or redemption, as applicable, of the 8.625pct senior notes.Says in the event the net proceeds from the notes offering exceed the funds necessary to repurchase the 8.625pct senior notes pursuant to the tender offer.Intends to use such excess net proceeds from the notes offering temporarily to repay borrowings outstanding under its revolving credit facility.Says any proceeds not used as described will be used for general corporate purposes.  Full Article

Carrizo Oil & Gas Inc announces offering of $600 mln of senior notes due 2023
Tuesday, 14 Apr 2015 08:44am EDT 

Carrizo Oil & Gas Inc:Has commenced an underwritten public offering, subject to market and other conditions, of $600.0 mln aggregate principal amount of senior notes due 2023 under its existing shelf registration statement (.Concurrent with notes offering, Carrizo is conducting cash tender offer for any and all of its 8.625% Senior Notes due 2018 (8.625% senior notes) as well as a conditional call for redemption of the 8.625% senior notes that are not repurchased pursuant to the tender offer prior to the redemption date.Tender offer and conditional redemption are both subject to number of conditions that may be waived or changed.Intends to use the net proceeds from notes offering, as well as some of net proceeds already received from its offering of 5,175,000 shares of common stock of Carrizo completed on March 20.Any proceeds not used as described above are expected to be used for general corporate purposes.  Full Article

Carrizo Oil & Gas prices public offering of common stock
Monday, 16 Mar 2015 07:00pm EDT 

Carrizo Oil & Gas, Inc:Priced underwritten public offering of 4,500,000 shares of common stock at $45.50 per share.Granted underwriters an option to purchase up to 675,000 additional shares.Intends to use proceeds to buy additional shares, to repay revolving credit facility and general corporate purposes.Citigroup Global Markets Inc. and Goldman, Sachs & Co. are underwriters.  Full Article

Carrizo Oil & Gas Inc announces public offering of common stock
Monday, 16 Mar 2015 04:22pm EDT 

Carrizo Oil & Gas Inc:Commences an underwritten public offering of 4,500,000 shares of its common stock.Carrizo has also granted the underwriters an option to purchase up to 675,000 additional shares.Intends to use the net proceeds from this offering, and any proceeds from the exercise of the underwriters' option to purchase additional shares, to repay borrowings under its revolving credit facility and for general corporate purposes.In connection with the offering, Citigroup Global Markets Inc. and Goldman, Sachs & Co. are serving as sole underwriters in the offering.  Full Article

Carrizo Oil & Gas Inc maintains FY 2015 production guidance; gives Q1 2015 production guidance
Tuesday, 24 Feb 2015 06:30am EST 

Carrizo Oil & Gas Inc:Maintains its FY 2015 oil production guidance of 21,800-22,400 Bbls/d.For natural gas and NGLs, Carrizo is also maintaining its FY 2015 guidance of 65-75 MMcfe/d.Expects Q1 2015 oil production to be 20,300-20,700 Bbls/d and natural gas and NGL production to be 63-73 MMcfe/d.  Full Article

Carrizo Oil & Gas Inc increases FY 2014 production guidance; gives Q4 2014 production guidance
Thursday, 6 Nov 2014 06:30am EST 

Carrizo Oil & Gas Inc:Says that due to the continued strong performance from the company's Eagle Ford Shale assets combined with impact of EFM acquisition, Carrizo is increasing its FY 2014 oil production guidance to 18,800-18,900 Bbls/d from 18,100-18,300 Bbls/d.Expects Q4 2014 oil production to be 21,800-22,100 Bbls/d and natural gas and NGL production to be 80-90 MMcfe/d.  Full Article

Carrizo Oil & Gas, Inc prices upsized private offering of $300 mln of senior notes
Tuesday, 28 Oct 2014 06:30am EDT 

Carrizo Oil & Gas, Inc:Says prices private offering of $300 mln aggregate principal amount of 7.50 pct senior notes due 2020 at an offering price equal to 100.50 pct of par, plus accrued interest from Sept. 15.Offering was upsized to $300 mln aggregate principal amount from the original offering size of $250 mln aggregate principal amount.Offering is expected to close on Oct. 30, subject to customary closing conditions.Carrizo intends to use the net proceeds from this offering to fund the acquisition of oil and gas properties located in Eagle Ford Shale from Eagle Ford Minerals, LLC.Says which has purchase price of $243.0 mln, net of working capital adjustments, repay amounts outstanding under the revolving credit facility and for general corporate purposes.The remaining $150.0 mln will be paid on a deferred basis no later than Feb. 16, 2015 with borrowings under the revolving credit facility.Until net proceeds are used to pay the deferred portion of Eagle Ford Shale Transaction purchase price, net proceeds will be used to repay amounts outstanding under revolving credit facility.Will bear interest at rate of 7.50 pct per annum and will mature on Sept. 15, 2020.Company may redeem all or portion of notes at any time on or after Sept. 15, 2016 at redemption prices set forth in offering memorandum related to the.Before Sept.15, 2016, the company may, at option, redeem all or portion of the notes at 100 pct of the principal amount plus a make-whole premium.  Full Article

Carrizo Oil & Gas, Inc announces private offering of $250 mln of senior notes due 2020
Monday, 27 Oct 2014 08:04am EDT 

Carrizo Oil & Gas, Inc:Has commenced private offering to eligible purchasers, subject to market and other conditions, of $250 mln aggregate principal amount of 7.50 pct senior notes due 2020.Use net proceeds to fund acquisition of oil and gas properties located in the Eagle Ford Shale from Eagle Ford Minerals, LLC, for $243.0 mln, net of working capital adjustments and for general corporate purposes.Says $93.0 mln was paid at closing which was funded from borrowings under existing revolving credit facility which will be repaid with net proceeds from offering.Says remaining $150 mln will be paid on deferred basis no later than Feb. 16, 2015 with borrowings under existing revolving credit facility.  Full Article

Search Stocks