On Thursday, Following Stocks were among the “Top 100 Gainers” In U.S. Stock Exchange: Carrizo Oil & Gas, (NASDAQ:CRZO), Denbury Resources (NYSE:DNR), Callon Petroleum Company (NYSE:CPE), SM Energy Co (NYSE:SM)
Formerly On March 16, 2015 Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) disclosed that it has priced an underwritten public offering of 4,500,000 shares of its common stock at a price to the public of $45.50 per share. Carrizo has granted the underwriters an option to purchase up to 675,000 additional shares. Carrizo 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 borrowing under the revolving credit facility and general corporate purposes.
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO)’s shares picked up 3.68%, and closed at $50.16. The stock volatility for the week is 4.16%, while for the month remained 4.00%. The company holds consensus target price of $56.83.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed 4.80 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 807.50% and Annual EPS growth for the past 5 years is considered as 22.20%.
The mean recommendation of analysts for this stock is 1.80. (Where 1=Buy, 5=Sale).
Carrizo Oil & Gas, Inc. (CRZO) along with its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in the United States. The company holds interests in crude oil plays and projects, including Eagle Ford Shale in Texas; the Niobrara Formation located in Colorado; the Utica Shale in Ohio; and the Marcellus Shale located in Pennsylvania.
Denbury Resources Inc. (NYSE:DNR) raised 3.66%, and closed at $7.92. The stock has price to sale ratio of 1.16, however, price to book ratio is 0.48. With recent incline, the year-to-date (YTD) performance reflected a -2.94% decline below last year. During the past month the stock lose -5.49%, bringing three-month performance to -2.58% and six-month performance to -48.5%. The mean recommendation of analysts for this stock is 2.80 (where 1=Buy, 5=Sale).
Denbury Resources Inc. (DNR) works as an independent oil and natural gas company in the United States. DNR mostly focuses on enhanced oil recovery utilizing carbon dioxide. It holds properties located in Mississippi, Texas, Louisiana, and Alabama in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region
Callon Petroleum Company (NYSE:CPE) disclosed that it has declared a cash dividend of $1.25 for each share, on its 10.0% Series A Cumulative Preferred Stock (“Series A Preferred Stock”). The dividend will be paid on March 31, 2015 to stockholders of record as of March 13, 2015. The Series A Preferred Stock is currently listed on the New York Stock Exchange under the symbol “CPE.A.”
Callon Petroleum Company (NYSE:CPE) enhanced 3.52%, and closed at $7.93. The company holds the market capitalization of $522.90M. For the last twelve months, the stock was able to keep return on equity at 8.40%, while return on assets at 4.80%, in response to its return on investment at 2.00%. Its 20-day moving average gained 12.70%, below 50-day moving average of 20.02%, above 200-day moving average of 1.64% from the latest market price of $7.93. The mean recommendation of analysts for this stock is 2.10. (Where 1=Buy, 5=Sale).
Callon Petroleum Company (CPE) holds in the exploration, development, acquisition, and production of oil and natural gas properties in the Permian Basin in West Texas. As of December 31, 2014, its estimated net proved reserves totaled 32.8 million barrel of oil equivalent, including 25.7 million barrels of oil and 42.5 billion cubic feet of natural gas.
SM Energy Co (NYSE:SM) rose 3.51%, and closed at $51.07. The stock has the beta value of 1.43, and its volatility for the week is 4.96%, while for the month it is 5.08%. The company has the market capitalization of $3.45 billion. The company holds the book value per share of 33.92. Price to book ratio remained 1.51, while price to sale ratio is 1.37. Analysts mean recommendation for the stock is said to be 2.20 (where 1=Buy, 5=sale).
An independent energy company SM Energy Co (SM) holds in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America.
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