Carrizo’s CEO, Chip Johnson, believes his firm has a true value of $1.4B relative to the market value of $950mm. Johnson expects the majority of the firm’s explorations will yield proven reserves and boost the firms value. The average analyst price target for the firm is around $26-27, so be sure to keep a lookout for Carrizo in coming weeks.
Carrizo Oil & Gas – A Smart Small-Cap Energy Buy?
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