CPE News and Press, Callon Petroleum Company From 05/05/22

Callon Petroleum Company (CPE) Q1 2022 Earnings Conference Call May 05, 2022 8:30 AM ET Company Participants Kevin Smith – Director, Investor Relations Joe Gatto – President and Chief Executive Officer Jeff Balmer – Senior Vice President and Chief Operating Officer Kevin ...

Callon Petroleum press release (NYSE:CPE): Q1 Non-GAAP EPS of $3.43 beats by $0.08. Revenue of $664.84M (+84.7% Y/Y) beats by $76.89M. Delivered production of approximately 102.7 MBoe/d (63% oil) in the first quarter of 2022 For further details see: Callon Petroleum Non-GAAP EPS of $3.4...

Callon Petroleum Company Announces First Quarter 2022 Results PR Newswire HOUSTON , May 4, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today reported results of operations for the three months ended March 31,...

Callon is projected to generate over $1.6 billion in positive cash flow by the end of 2023 at the current strip. This would allow it to reduce its net debt by 60% over that time frame. This also assumes some cost inflation compared to Callon's February guidance. Callon's share...

Callon Petroleum Company Schedules First Quarter 2022 Conference Call for May 5, 2022 PR Newswire HOUSTON , April 19, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") plans to host a conference call to discuss its firs...

Callon Petroleum (NYSE:CPE) edges higher as Roth Capital upgraded shares to Buy from Neutral with an $80 price target on Monday, saying the stock looks attractive with a 2022 P/E ratio of 4.2x and a price/cash flow per share ratio of 2.4x. Callon (CPE) shares also look attractive on a relativ...

As investing icon Warren Buffett once said, the only oil companies and their shareholders benefit from high oil prices. Perhaps that’s true, but it’s all the more reason for investors to gain exposure to the space now, as oil prices remain elevated even as futures exposure remai...

Thinking “It’s Different This Time” is usually wrong and often dangerous to your pocketbook. That being said, “It’s Different This Time." Unlike other geopolitical events that have usually had short-lived market impacts, Russia’s attack on...

In a note Monday, Morgan Stanley's Devin McDermott argued that North American oil stocks are "pricing in" $64 WTI (NYSEARCA:USO). McDermott argues that while front-month pricing of $115+ may be driven by politics, the two-year strip of futures prices has already risen to ~$94. On McDermott's ...

Callon is now projected to generate $724 million in positive cash flow in 2022 at current strip. This would allow it to reduce its net debt to under $2 billion by the end of 2022. Callon also appears capable of reducing its leverage to 1.0x or less by the end of 2023 if oil averag...