5 Nov 2013securities registration● Neutral
CARRIZO OIL & GAS INC filed the final prospectus for a registered offering.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Nov 2013quarterly activities report▼ Bad
CARRIZO OIL & GAS INC reported a quarterly net loss of $24.0 million for the period ended 2013-12-31.
4 Nov 2013quarterly activities report▼ Bad
CARRIZO OIL & GAS INC reported a quarterly net loss of $24.0 million for the period ended 2013-12-31.
1 Nov 2013director interest notice● Neutral
CARRIZO OIL & GAS INC President and CEO S P IV Johnson sold 6,000 shares.
25 Oct 2013director interest notice● Neutral
CARRIZO OIL & GAS INC VP & Chief Operating Officer John Bradley Fisher exercised stock options for 11,567 shares and disposed of 23,134 shares.
16 Oct 2013director interest notice● Neutral
CARRIZO OIL & GAS INC VP & Chief Operating Officer John Bradley Fisher sold 20,000 shares.
11 Oct 2013debt financing▲ GoodMajor
On Oct 9, 2013 Carrizo signed the Fourth Amendment to its revolving credit facility (Wells Fargo agent): maturity extended from Jan 27, 2016 to July 2, 2018, maximum commitments raised from $750M to $1.0B, and interest margins lowered. The senior debt/EBITDA and EBITDA/interest covenants were removed, while total debt/EBITDA and current ratio covenants remain. Borrowing base stays at $530M until the Barnett sale closes, then drops automatically to $470M; banks supported $535M but Carrizo chose to request $470M, saying that is enough liquidity and controls unused-commitment fees.
11 Oct 2013director interest notice● Neutral
CARRIZO OIL & GAS INC VP-Exploration Evans Gregory E exercised stock options for 13,333 shares and disposed of 26,666 shares.
4 Oct 2013director interest notice● Neutral
CARRIZO OIL & GAS INC President and CEO S P IV Johnson received 5,195 shares and a 154,553-share option grant as part of the equity award.
4 Oct 2013director interest notice● Neutral
CARRIZO OIL & GAS INC VP & Chief Accounting Officer Pitts David L. received 2,343 shares and a 49,610-share option grant as part of the equity award.
4 Oct 2013director interest notice● Neutral
CARRIZO OIL & GAS INC Vice President - Land Smith Richard H received 2,229 shares and a 40,843-share option grant as part of the equity award.
4 Oct 2013director interest notice● Neutral
CARRIZO OIL & GAS INC CFO, VP, Secretary, Treasurer Paul F Boling received 2,806 shares and a 59,390-share option grant as part of the equity award.
3 Oct 2013director interest notice● Neutral
CARRIZO OIL & GAS INC President and CEO S P IV Johnson sold 6,000 shares.
6 Sept 2013director interest notice● Neutral
CARRIZO OIL & GAS INC President and CEO S P IV Johnson sold 6,000 shares at $35.00.
4 Sept 2013material agreement● NeutralMajor
Carrizo agreed on Sept 3, 2013 to sell substantially all of its remaining Barnett Shale assets to affiliates of EnerVest for about $218.0 million in cash plus assumed liabilities, expected to close in late October. The press release adds sales of its Camp Hill Field (East Texas) interest and some undeveloped Marcellus acreage, for about $268.0 million total including roughly $250.4 million cash. Proceeds are meant to repay revolver borrowings and fund part of 2013 spending, largely in the Eagle Ford. This continues the Barnett exit begun with the 2012 sale to Atlas Resource Partners.
30 Aug 2013director interest notice● Neutral
CARRIZO OIL & GAS INC VP-Exploration Evans Gregory E exercised stock options for 35,829 shares and disposed of 71,658 shares.
30 Aug 2013director interest notice● Neutral
CARRIZO OIL & GAS INC CFO, VP, Secretary, Treasurer Paul F Boling exercised stock options for 22,000 shares and disposed of 44,000 shares.
30 Aug 2013director interest notice● Neutral
CARRIZO OIL & GAS INC VP & Chief Operating Officer John Bradley Fisher exercised stock options for 26,269 shares and disposed of 52,538 shares.
13 Aug 2013director interest notice● Neutral
CARRIZO OIL & GAS INC Vice President - Land Smith Richard H exercised stock options for 22,574 shares and disposed of 45,148 shares.
9 Aug 2013director interest notice● Neutral
CARRIZO OIL & GAS INC director Frank A Wojtek exercised stock options for 2,500 shares and disposed of 2,500 shares.
7 Aug 2013quarterly activities report● Neutral
CARRIZO OIL & GAS INC reported a quarterly net income of $4.5 million for the period ended 2013-09-30.
7 Aug 2013quarterly activities report● Neutral
CARRIZO OIL & GAS INC reported a quarterly net income of $4.5 million for the period ended 2013-09-30.
5 Aug 2013director interest notice● Neutral
CARRIZO OIL & GAS INC President and CEO S P IV Johnson sold 6,000 shares at $32.49.
10 July 2013substantial holder notice● Neutral
NWQ Investment Management Company, LLC reported a CARRIZO OIL & GAS INC shareholding of 1,724,808 shares (4.27% of votes) in a periodic institutional filing.
8 July 2013director interest notice● Neutral
CARRIZO OIL & GAS INC director Steven A Webster received a stock option grant for 11,901 shares.
8 July 2013director interest notice● Neutral
CARRIZO OIL & GAS INC President and CEO S P IV Johnson sold 6,000 shares at $30.00.
21 June 2013director interest notice● Neutral
CARRIZO OIL & GAS INC director Fulton Robert Fullarton received a stock option grant for 3,200 shares.
21 June 2013director interest notice● Neutral
CARRIZO OIL & GAS INC director Roger A Ramsey received a stock option grant for 4,300 shares.
21 June 2013director interest notice● Neutral
CARRIZO OIL & GAS INC director Carter Thomas L Jr. received a stock option grant for 3,650 shares.
21 June 2013director interest notice● Neutral
CARRIZO OIL & GAS INC director F Gardner Parker received a stock option grant for 5,150 shares.