HOUSTON, March 29, 2024 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced the expiration and final tender results of its previously announced cash tender offers (the "Offers") for any and all of its 8.000% Senior Notes due 2028 (the "2028 Notes") and any and all of its 7.500% Senior Notes due 2030 (the "2030 Notes" and, together with the 2028 Notes, the "Notes"). The terms and conditions of the Offers and the Consent Solicitations (as defined below) are set for ...

HOUSTON, March 15, 2024 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced the pricing terms of its previously announced cash tender offers (the "Offers") for any and all of its 8.000% Senior Notes due 2028 (the "2028 Notes") and any and all of its 7.500% Senior Notes due 2030 (the "2030 Notes" and, together with the 2028 Notes, the "Notes"). The terms and conditions of the Offers and the Consent Solicitations (as defined below) are set forth in the Offer to Pur ...

HOUSTON, March 15, 2024 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced the early tender results of its previously announced cash tender offers (the "Offers") for any and all of its 8.000% Senior Notes due 2028 (the "2028 Notes") and any and all of its 7.500% Senior Notes due 2030 (the "2030 Notes" and, together with the 2028 Notes, the "Notes"). The terms and conditions of the Offers and the Consent Solicitations (as defined below) are set forth in the Offer ...

HOUSTON, March 1, 2024 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that it has commenced cash tender offers (the "Offers") for any and all of its 8.000% Senior Notes due 2028 (the "2028 Notes") and any and all of its 7.500% Senior Notes due 2030 (the "2030 Notes" and, together with the 2028 Notes, the "Notes"), upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of March 1, 2024 (as it may be amend ...

Callon Petroleum Company (CPE) reported fourth-quarter 2023 adjusted earnings of $1.62 per share, which missed the Zacks Consensus Estimate of $1.74. The bottom line declined from the $3.36 reported a year ago.Operating revenues of $601.4 million beat the Zacks Consensus Estimate of $563 million. However, the top line declined from the year-ago quarter’s $704.2 million.The weak quarterly earnings were driven by lower realized oil equivalent prices and production volumes.ProductionIn the fourth quarter, CPE’ ...

Callon Petroleum (CPE) reported $601.36 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 14.6%. EPS of $1.62 for the same period compares to $3.36 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $563.3 million, representing a surprise of +6.76%. The company delivered an EPS surprise of -6.90%, with the consensus EPS estimate being $1.74.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Callon Petroleum (CPE) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $3.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.90%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.79 per share when it actually produced earnings of $1.82, delivering a surprise of 1.68%.Over the last four ...

42 Tax Risks including (i) the elimination of the immediate deduction for intangible drilling and development costs, (ii) changes to a depletion allowance for oil and natural gas properties, (iii) the implementation of a carbon tax, (iv) an extension of the amortization period for certain geological and geophysical expenditures, (v) changes to tax rates, and (vi) the introduction of a minimum tax. While these specific changes were not included in recent legislation such as the IRA, no accurate prediction ca ...

Exhibit 99.2 Callon Petroleum Company Fourth Quarter and Year-End 2023 Supplemental Tables Table of Contents: Page: Consolidated Balance Sheets 2 Consolidated Statements of Operations 3 Consolidated Statements of Cash Flows 4 Operating Results 5 Commodity Derivatives 7 Non-GAAP Measures 7 Callon Petroleum Company Consolidated Balance Sheets (In thousands, except par and share amounts) December 31, 2023 December 31, 2022* ASSETS Current assets: Cash and cash equivalents $3,325 $3,395 Accounts receivable, net ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Callon Petroleum (CPE) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock m ...