CRZO News and Press, Carrizo Oil & Gas Inc. From 07/21/19

Midstream stocks, and MLPs in particular, held up ok this week, all things considered. This week saw a combination of negative macro forces converge to crush energy stocks more broadly. The Oil & Gas E&P ETF [[XOP]] dropped 7.6% this week, in line with the drop in oil prices. The S&...

Carrizo Oil & Gas ( CRZO ) announced that it was being acquired by Callon Petroleum (CPE) in an all-stock deal that gives Carrizo's common shareholders 46% of the combined company. This article will look at the deal from Carrizo's perspective. The Deal Callon's offer to acquire Carri...

NEW YORK , July 19, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York City , is investigating: Tower International, Inc. ( TOWR )...

Two interesting oil and gas E&P (exploration and production) firms have, in an effort to grow larger and become more efficient, decided to work together in order to create significant shareholder value. This maneuver takes the form of one of the players, Callon Petroleum ( CPE ) acquir...

Crude oil prices ( USO -1.6% ) slumped to their lowest levels since June 19 , reversing early gains on weakness in U.S. equities markets and expectations of rising production from the Gulf of Mexico after last week's hurricane disrupted production. More news on: The United States Oil ...

Callon Petroleum (CPE) has reached a mega deal, at least given the size of its firm, with the purchase of Carrizo Oil & Gas ( CRZO ) in a $3.2 billion deal. Investors are not comfortable about the deal, even as this is an all-stock deal, and investors in both companies should theoretic...

This morning, July 15th, 2019, Callon Petroleum ( CPE ) announced the acquisition of Carrizo Oil and Gas ( CRZO ). As I write this note, CPE's stock price is $5.40, down 15.6% and near its 52 week low of $5.31. The shares are not much higher than the 5 year low of $4.09 in December 2014, and f...

The decision by Carrizo Oil & Gas (NASDAQ: CRZO ) to sell itself with its stock trading near its lowest levels in a decade is the " salient fact " explaining its mere 2% gain in today's trade after Callon Petroleum (NYSE: CPE ) offered a 25% premium in an all-stock deal , based on ...

Callon ( CPE ), a Permian basin focused oil and gas company, is merging with Carrizo ( CRZO ), a Permian and Eagle Ford oil and gas company. The merger is a share for share deal with a 25% premium to pre-deal prices for Carrizo shareholders, with Callon management leading the combined company....

NEW YORK, NY / ACCESSWIRE / July 15, 2019 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: El Paso Electric Company (NYSE: EE) The investigation concerns whether El Paso and its board of directors breached t...