Carrizo Oil & Gas, Inc.

• Billionaire Ken Griffin’s Citadel Owns Almost 5% of This Energy Company

  By Meena Krishnamsetty - May 2, 2013 | Tickers: CRZO, CLR, KOG, NOG, OAS

  Citadel Investment Group, managed by billionaire Ken Griffin and his team, has filed a 13G with the SEC disclosing a position of 1.9 million shares in Carrizo Oil & Gas (NASDAQ: CRZO). Carrizo Oil & Gas is a $1 billion market cap exploration and production company focused on shale plays including the Eagle Ford, Niobrara, and Utica. We track quarterly 13F filings from Citadel and other hedge funds, which we primarily more »

• Billionaire Steven Cohen Buys Another Energy Stock

  By Meena Krishnamsetty - November 2, 2012 | Tickers: BRY, CRZO, XCO, GDP, SGY

  According to a filing with the SEC, SAC Capital Advisors and its related funds owned a total of 1.9 million shares of Goodrich Petroleum (NYSE: GDP) as of late October, which gives it just over 5% of the shares outstanding. SAC’s success since its founding has made manager Steven Cohen a billionaire and so we like to keep track of the large positions that it takes in companies more »

• Follow the Money Before You Lose Yours Part 2

  By Robert Zimmerman - October 31, 2012 | Tickers: COG, CRZO, CHK, XCO, XOM, LINE

  The Universal Law of Holes states that if you find yourself in one, stop digging. The US natural gas industry has found itself in a bit of a hole.  Production of natural gas expanded beyond belief or consumption.  No surprise, then, that prices for natural gas dropped to their lowest point in years.  Yet producers keep on producing away.  What gives?

  A recent report in the New York Times gives more »

• Think C-O-G to Buy Cabot Oil and Gas

  By Robert Zimmerman - October 24, 2012 | Tickers: COG, CRZO, CHK, DOW, WPZ

  Ten years ago, natural gas exploration and production in Appalachia generated little excitement.  Not much gas and no easy way to get it deflated enthusiasm for developing this resource.  Then, the combination of hydraulic fracturing (“fracking”) technology, improved horizontal drilling techniques and estimates of abundant gas reserves from geologists at Penn State and SUNY Fredonia changed everything.  Now, there was an estimated 50 trillion cubic feet of recoverable natural gas more »

• Are Oil Prices All Set to Burn Investors?

  By Madhuchhanda Chatterjee - October 2, 2012 | Tickers: BCEI, CRZO, NOG

  A couple of weeks ago, when crude oil prices were skyrocketing, many analysts came up with different explanations as to why crude oil would reach $140 and some said it would go to $180. With the recent steep drop in prices, however, that doesn’t seem possible to me anymore.

  Crude oil prices fell sharply and suddenly, with oil at $90 a barrel for the first time in almost eight more »

• What We Learned about the Marcellus Shale During Earnings Season

  By Eric Fox - September 1, 2012 | Tickers: ARP, CRZO, CHK, EOG, NBL, TLM

  The Marcellus Shale saw lower activity during the second quarter of 2012 as operators shifted capital out of many dry gas areas of the play.  This downtrend in drilling activity may continue for the rest of 2012 unless natural gas prices move higher.

  Overview

  The Marcellus Shale is present in parts of the Appalachian Basin, with most development concentrated in Pennsylvania and West Virginia.  The oil and gas industry flocked more »

• Contemplating the Natural Gas Market: Start with the Fracking Facts

  By Chris Faulkner - June 14, 2012 | Tickers: ATLS, CRZO, CHK, CLR, RRC, SWN

  Natural gas prices have been extremely volatile in recent years, moving all over the board. Unfortunately, “all over the board” has essentially meant, “straight down.” This is because of the uncertainty in the market resulting from the ongoing debates over hydraulic fracturing (fracking), the current supply glut, emissions standards, and other factors impacting the market.

  Over the next several posts, I’ll explore the pressure points that are key to more »