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Callon Petroleum Co (CPE.N)

CPE.N on New York Stock Exchange

11.35USD
4:02pm EDT
Change (% chg)

$0.40 (+3.65%)
Prev Close
$10.95
Open
$11.15
Day's High
$11.60
Day's Low
$11.15
Volume
929,166
Avg. Vol
1,274,582
52-wk High
$18.43
52-wk Low
$9.63

Latest Key Developments (Source: Significant Developments)

Callon Petroleum appoints Correne Loeffler interim CFO
Thursday, 22 Jun 2017 04:15pm EDT 

June 22 (Reuters) - Callon Petroleum Co -:Callon Petroleum Company announces interim chief financial officer.Says Correne S. Loeffler appointed interim cfo.Callon Petroleum Co - Loeffler assumes this role from Joe Gatto.  Full Article

Callon Petroleum Company announces extension of exchange offer for its 6.125pct senior notes due 2024
Friday, 26 May 2017 08:00am EDT 

May 26 (Reuters) - Callon Petroleum Co : :Callon Petroleum Company announces extension of exchange offer for its 6.125pct senior notes due 2024.Callon Petroleum Co says exchange offer is now scheduled to expire at 5:00 p.m., New York city time, on May 30, 2017.  Full Article

Callon Petroleum appoints Joseph Gatto Jr. as CEO
Thursday, 25 May 2017 04:54pm EDT 

May 25 (Reuters) - Callon Petroleum Co :Callon petroleum company announces appointment of joseph gatto, jr. As chief executive officer and l. Richard flury as chairman following unexpected death of Fred Callon.Says joseph gatto jr appointed ceo.Callon petroleum co - ‍remainder of company's leadership team will continue in their present roles​.Callon petroleum co - no changes are anticipated in company's day-to-day business activities.Callon petroleum co - ‍gatto will also continue performing his current duties as company's president and chief financial officer​.  Full Article

Callon Petroleum Company announces death of chairman and CEO
Thursday, 25 May 2017 08:30am EDT 

May 25 (Reuters) - Callon Petroleum Co :Callon Petroleum Company announces death of chairman and chief executive officer, Fred L. Callon.Callon Petroleum Co says will be convening today to discuss co's plan for succession.  Full Article

Callon Petroleum says currently negotiating amendment & restatement of fifth amended and restated credit agreement
Friday, 19 May 2017 08:09am EDT 

May 19 (Reuters) - Callon Petroleum Co ::Callon Petroleum - currently in process of negotiating amendment & restatement of fifth amended and restated credit agreement, dated march 11, 2014.Callon Petroleum - amendment increase total notional amount available under co's senior secured revolving credit facility from $500 million to $2 billion.Callon Petroleum - current proposal for sixth amended and restated credit agreement will increase borrowing base from $500 million to $650 million - sec filing.  Full Article

Callon Petroleum reports launch of $150 mln placement of additional senior unsecured notes
Friday, 19 May 2017 07:50am EDT 

May 19 (Reuters) - Callon Petroleum Co ::Callon Petroleum company announces launch of $150 million placement of additional senior unsecured notes.Callon Petroleum co says intends to offer an additional $150 million aggregate principal amount of its 6.125 pct senior unsecured notes due 2024.Callon Petroleum - intends to use net proceeds of offering to fund certain pending acquisitions in delaware basin and for general corporate purposes.Callon Petroleum Co - intends to use net proceeds of offering to fund certain pending acquisitions in Delaware basin.  Full Article

Callon Petroleum sees Q2 total production 21,500-23,500 boe/d
Tuesday, 2 May 2017 04:09pm EDT 

May 2 (Reuters) - Callon Petroleum Co :Callon Petroleum Company announces first quarter 2017 results.Q1 revenue $81.4 million versus i/b/e/s view $79.1 million.Callon Petroleum - qtrly daily production of 20.4 mboe/d, sequential quarterly increase of 11% in total daily production and 14% increase in daily oil production.Qtrly earnings per share $0.22.Sees q2 total production 21,500 - 23,500 boe/d.Sees 2017 total production 22,500 - 25,500 boe/d.  Full Article

Callon Petroleum Q4 adjusted non-gaap EPS $0.08
Monday, 27 Feb 2017 04:47pm EST 

Callon Petroleum Co : Callon petroleum company announces fourth quarter 2016 results . Q4 adjusted non-gaap earnings per share $0.08 . Q4 gaap loss per share $0.02 . Q4 earnings per share view $0.10 -- Thomson Reuters I/B/E/S . Callon petroleum co - q4 2016 production of 18.4 mboe/d (76% oil), a sequential quarterly increase of 11% . Callon petroleum -increased 2017 production guidance to a range of 22.5 - 25.5 mboe/d, an increase of about 60% over 2016 based on midpoint of guidance . Callon petroleum co sees 2017 total operational capital expenditures $325 - $350 million . Callon petroleum co sees q1 total operational capital expenditures $70 - $75 million . Callon petroleum co sees q1 total production 19,500 - 21,000 boe/d .Qtrly total operating revenues $69.1 million versus $33.6 million.  Full Article

Callon Petroleum Company announces common stock offering
Tuesday, 13 Dec 2016 04:56pm EST 

Callon Petroleum Co : Says offering 34.0 million common shares . Callon Petroleum Co- Proceeds from offering are expected to be used to partially fund pending ameredev acquisition .Callon Petroleum Company announces common stock offering.  Full Article

Callon Petroleum Company announces entry into the Core Southern Delaware Basin
Tuesday, 13 Dec 2016 04:55pm EST 

Callon Petroleum Co : Callon Petroleum Company announces entry into the Core Southern Delaware Basin . Callon Petroleum Co - Entered into a definitive agreement to acquire certain undeveloped acreage and producing oil and gas properties . Callon Petroleum Co - Intends to fund cash purchase price with net proceeds of an equity offering .Callon Petroleum Co - Deal for total consideration of $615 million.  Full Article

BRIEF-Callon Petroleum appoints Correne Loeffler interim CFO

* Callon Petroleum Company announces interim chief financial officer