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Fly News Breaks for February 27, 2018
CRZO
Feb 27, 2018 | 05:21 EDT
KeyBanc analyst Chris Stevens downgraded Carrizo Oil & Gas to Sector Weight saying the company in Q4 missed on oil production while capex was high. Further, Q1 production was guided "shockingly low," Stevens tells investors in a post-earnings research note. The Delaware appears a "more challenging place to operate" than expected and the Eagle Ford is "showing signs of fatigue," the analyst contends.
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