Carrizo CEO Sells 6K Shares of Stock for $307K

Chip Johnson, CEO of Carizzo Oil & Gas, an active driller in both the Marcellus and Utica Shale, has just sold 6,000 shares of company stock that he owns, netting him a cool $307,380. Does it mean anything? Not really. After selling those 6,000 shares, he still owns 608,356 shares worth $31 million. So we think about all it means is that Chip and his family are planning a summer vacation…

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