Downgrades Overweight Sec Weight X

CRZO Carrizo Oil & Gas

KeyBanc Capital Markets

Downgrades Buy Hold X

CRZO Carrizo Oil & Gas

Jefferies

Resumed Market Perform X

CRZO Carrizo Oil & Gas

Wells Fargo

$15

Initiated Equal-Weight X

CRZO Carrizo Oil & Gas

Stephens

$15

Downgrades Overweight Eq Weight X

CRZO Carrizo Oil & Gas

CapitalOne

Downgrades Buy Hold X

CRZO Carrizo Oil & Gas

Tudor Pickering

Downgrades Buy Neutral X

CRZO Carrizo Oil & Gas

Seaport Global Securities

$28 $18

Downgrades Neutral Underweight X

CRZO Carrizo Oil & Gas

JP Morgan

Initiated Buy X

CRZO Carrizo Oil & Gas

MKM Partners

$27

Initiated Outperform X

CRZO Carrizo Oil & Gas

IFS Securities

Upgrades Hold Buy X

CRZO Carrizo Oil & Gas

Jefferies

Upgrades Accumulate Buy X

CRZO Carrizo Oil & Gas

Johnson Rice

Reiterated Buy X

CRZO Carrizo Oil & Gas

Stifel

$36 $38

Upgrades Hold Buy X

CRZO Carrizo Oil & Gas

Tudor Pickering

$31

Downgrades Buy Hold X

CRZO Carrizo Oil & Gas

Jefferies

Upgrades Hold Buy X

CRZO Carrizo Oil & Gas

Jefferies

Downgrades Buy Accumulate X

CRZO Carrizo Oil & Gas

Johnson Rice

Downgrades Overweight Sec Weight X

CRZO Carrizo Oil & Gas

KeyBanc Capital Mkts

Reiterated Buy X

CRZO Carrizo Oil & Gas

Williams Capital Group

$32 $28

CRZO  Carrizo Oil & Gas, Inc.

Carrizo Oil & Gas, Inc. is an energy company. The Company is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania. As of December 31, 2016, the Company's proved reserves of 200 million barrels of oil equivalent (MMBoe) were 64% crude oil, 12% natural gas liquids (NGLs) and 24% natural gas. As of December 31, 2016, it operated approximately 94% of the wells in Eagle Ford in which it held an interest. As of December 31, 2016, it held an average interest of approximately 85% in these operated wells. As of December 31, 2016, it owned leases covering approximately 309,200 gross (179,179 net) acres in the Eagle Ford, Niobrara, Utica and the Delaware Basin areas.