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Callon Petroleum Co (CPE.N)

CPE.N on New York Stock Exchange

10.63USD
22 Nov 2017
Change (% chg)

$0.32 (+3.10%)
Prev Close
$10.31
Open
$10.42
Day's High
$10.65
Day's Low
$10.41
Volume
846,327
Avg. Vol
1,365,722
52-wk High
$18.43
52-wk Low
$9.34

Latest Key Developments (Source: Significant Developments)

Callon Petroleum Company announces third quarter 2017 results
Monday, 6 Nov 2017 04:15pm EST 

Nov 6 (Reuters) - Callon Petroleum Co :Callon Petroleum Company announces third quarter 2017 results.Q3 revenue $84.6 million versus I/B/E/S view $82.9 million.Callon Petroleum Co - qtrly average daily production 22,543 BOE/d versus 16,598‍ BOE/d​.Callon Petroleum Co - sees Q4 2017 total production of 24,000 BOE/d to 25,500 BOE/d‍​.  Full Article

Callon Petroleum revised FY17 production guidance to range of 22,000 to 23,000 BOE/D
Monday, 2 Oct 2017 04:15pm EDT 

Oct 2 (Reuters) - Callon Petroleum Co :Callon Petroleum Company provides updated production guidance.Callon Petroleum Co - ‍revised production guidance range of 22,450 to 22,600 barrels of oil equivalent per day ("BOE/D") for Q3 of 2017​.Callon Petroleum Co - ‍company also revised its full-year 2017 production guidance to a range of 22,000 to 23,000 BOE/D​.Callon Petroleum Co - ‍annualized production reduction of 200 BOE/D due to deferrals of non-operated activity, including about 650 BOE/D of impact in Q4.Callon Petroleum Co- prior guidance of 77% oil production and estimates for expenses and operational capital expenditures for Q3 are unchanged.  Full Article

Goodnight Midstream announces multi-year partnership with Callon Petroleum Company ​
Wednesday, 13 Sep 2017 10:45am EDT 

Sept 13 (Reuters) - Goodnight Midstream::Goodnight Midstream announces multi-year partnership to provide pipeline disposal service for Callon Petroleum Company in southern Delaware Basin​.  Full Article

Callon Petroleum Company qtrly earnings per share $0.16
Wednesday, 2 Aug 2017 04:15pm EDT 

Aug 2 (Reuters) - Callon Petroleum Co :Callon Petroleum Company announces second quarter 2017 results.Q2 revenue $82.3 million versus I/B/E/S view $85.3 million.Callon Petroleum - net daily production for three months ended June 30 grew approximately 65% to 22.2 thousand barrels of oil equivalent per day.Qtrly earnings per share $0.16.Sees Q3 2017 total production 23,000 BOE/D - 25,000 BOE/D.Sees FY 2017 total production 22,500 BOE/D - 25,500 BOE/D.Sees operational capital expenditures of $110 million - $130 million for Q3 and $350 million for full year 2017.  Full Article

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