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Callon Petroleum Co (CPE)

CPE on New York Consolidated

12.50USD
16 Jan 2018
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Latest Key Developments (Source: Significant Developments)

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

Callon Petroleum announces common stock offering
Tuesday, 6 Sep 2016 04:19pm EDT 

Callon Petroleum Co : Says offering 23.0 million common shares .Says intends to use net proceeds of this offering to fund a portion of its exploration and development activities.  Full Article

Callon Petroleum Q2 gaap loss per share $0.61
Monday, 8 Aug 2016 04:05pm EDT 

Callon Petroleum Co : Callon petroleum company announces second quarter 2016 results . Q2 gaap loss per share $0.61 . Q2 earnings per share view $0.04 -- Thomson Reuters I/B/E/S .Callon petroleum co qtrly net daily production of 13,451 barrels of oil equivalent per day an increase of 8% compared to q1 of 2016.  Full Article

Callon Petroleum says plans to run 2 rigs in H2; will look to add 3rd rig
Monday, 27 Jun 2016 02:19pm EDT 

Callon Petroleum Co : Expect to achieve goal of cash flow neutrality during Q2 2016 . Plan to complete 3 DUCs on acquired assets in Q2 or Q3 2016 . Plans to run 2 rigs in the second half of the year; will look to add a 3rd rig . When we start a second or third rig, we will be outspending cash flow - conference . Continue to see scope for bolt-on acquisitions in Permian basin - conference . "We can manage a little bit of an outspend " of cash flow for the next few quarters Further company coverage: [CPE.N] ((Bengaluru Newsroom: +1-646-223-8780)).  Full Article

Callon Petroleum Co gives Q2 2016 production guidance
Wednesday, 4 May 2016 04:05pm EDT 

Callon Petroleum Co:Sees Q2 2016 Total Production 13,500 BOE/d - 14,500 BOE/d.  Full Article

Callon Petroleum Company announces common stock offering
Tuesday, 19 Apr 2016 04:16pm EDT 

Callon Petroleum Company:Commenced, subject to market and other conditions, an underwritten public offering of 22,000,000 shares of its common stock.The underwriters will have an option to purchase up to an additional 3,300,000 shares of common stock from the Company.Proceeds from the offering are expected to be used to fund the pending Big Star Acquisition and AMI.Credit Suisse and Scotia Howard Weil are acting as joint book-running managers for the offering.  Full Article