Oppenheimer Remains a Hold on Carrizo Oil & Gas (CRZO)

By Carrie Williams

Oppenheimer analyst Tim Rezvan maintained a Hold rating on Carrizo Oil & Gas (CRZOResearch Report) today. The company’s shares opened today at $12.37, close to its 52-week low of $9.67.

According to TipRanks.com, Rezvan is a 2-star analyst with an average return of -0.1% and a 48.8% success rate. Rezvan covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Gulfport Energy Corp, and Par Pacific Holdings.

Currently, the analyst consensus on Carrizo Oil & Gas is a Moderate Buy with an average price target of $17.93.

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The company has a one-year high of $31.57 and a one-year low of $9.67. Currently, Carrizo Oil & Gas has an average volume of 3.32M.

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Carrizo Oil & Gas, Inc. engages in the exploration, development, and production of natural gas and oil. Its operations include Delaware Basin and Eagle Ford Shale. The company was founded by Sylvester P. Johnson IV and Steven Alan Webster in December 1993 and is headquartered in Houston, TX.