Carrizo Oil Inc. (CRZO)

[Timothy Smith]

Carrizo Oil and Gas (CRZO) plans to drill approximately 65 gross or 58 net operating wells in frac and 64 gross or net operating wells in the play this fiscal year. These supplementary wells should contribute to the top line growth this year with better profit margin.

http://www.petrolucrum.com/2015/05/10/carrizo-oil-and-gas-eagle-ford-production-will-help-it-deliver-upside-gurufocus-com-registration/

Carrizo is executing various initiatives such as cutting down its costs through reducing its cycle days and lowering its capital expenditure. This should release more funds for Carrizo to pay off its rising debt. Moreover, it promises robust oil production in the future that should add growth to its top as well as bottom line in the future.

So, Carrizo Oil & Gas does offer a good platform for investment in the long-run. Its short term pains of minimizing operating costs and capital expenditure will enable the company to reap the fruits in the future, when oil and natural gas prices take a u turn.

http://www.gurufocus.com/news/335172/carrizo-oil-and-gas-eagle-ford-production-will-help-it-deliver-upside