Carrizo Oil & Gas Set to Join the S&P SmallCap 600
NEW YORK, Oct. 25, 2012
NEW YORK, Oct. 25, 2012 /PRNewswire/ --Carrizo Oil & Gas Inc. (NASD: CRZO)
will replace Overseas Shipholding Group, Inc. (NYSE: OSG) in the S&P SmallCap
600 index after the close of trading on Monday, October 29. Overseas
Shipholding has stated that certain of its previously issued financial
statements should no longer be relied upon, and the company is exploring
strategic options including a bankruptcy filing. Therefore, it is no longer
appropriate for the S&P SmallCap 600 index.
Carrizo Oil & Gas engages in the exploration, development, and production of
oil and gas. Headquartered in Houston, TX, the company will be added to the
S&P SmallCap 600 GICS (Global Industry Classification Standard) Oil & Gas
Exploration & Production Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – October 29, 2012
COMPANY GICS ECONOMIC GICS SUB-INDUSTRY
ADDED Carrizo Energy Oil & Gas Exploration &
DELETED Overseas Shipholding Energy Oil & Gas Storage &
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