CPE - Earnings announcements

Fourth quarter results top expectations for production Long-term debt further reduced to $1.9 billion Realized reductions in well costs and gains in well productivity to drive 2024 capital efficiency HOUSTON, Feb. 26, 2024 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today reported fourth quarter and full year 2023 financial and operating results. Due to the pending merger (the "Merger") with APA Corporation ("APA"), Callon will not host a conference call or webcast to discuss its fourth quarter and full year 2023 results. Fourth Quarter 2023 Highlights Generated $298.3 million of net cash provided by operating activitiesAdjusted free cash flow of $120.2

Complements and enhances APA's asset base in the Permian Basin; expected to be accretive to key financial metrics;Adds to APA's high-quality, short-cycle development inventory and increases oil mix; andStrengthens APA's position as a leading, diversified independent E&P with pro forma production of more than 500,000 barrels of oil equivalent (BOE) per day and pro forma enterprise value in excess of $21 billion.*HOUSTON, Jan. 4, 2024 /PRNewswire/ -- APA Corporation ("APA" or the "Company") (NASDAQ:APA) and Callon Petroleum Company ("Callon") (NYSE:CPE) have entered into a definitive agreement under which APA will acquire Callon in an all-stock transaction valued at approximately $4.5 billion,

Complements and enhances APA's asset base in the Permian Basin; expected to be accretive to key financial metrics;Adds to APA's high-quality, short-cycle development inventory and increases oil mix; andStrengthens APA's position as a leading, diversified independent E&P with pro forma production of more than 500,000 barrels of oil equivalent (BOE) per day and pro forma enterprise value in excess of $21 billion.* HOUSTON, Jan. 04, 2024 (GLOBE NEWSWIRE) --  APA Corporation ("APA" or the "Company") (NASDAQ:APA) and Callon Petroleum Company ("Callon") (NYSE:CPE) have entered into a definitive agreement under which APA will acquire Callon in an all-stock transaction valued at approximately $4.

HOUSTON, July 18, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") plans to host a conference call to discuss its second quarter 2023 financial and operating results.  Webcast: Date: August 3, 2023Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time) Webcast: www.callon.comSelect "News/Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to release second quarter 2023 results after market close on Wednesday, August 2, 2023. About Callon Petroleum Callon Petroleum Company is an independent oil and natural gas company

Transactions solidify Company's Permian focus and accelerate achievement of debt milestoneCompany to launch $300 million share buyback at closing HOUSTON, May 3, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today signed two definitive agreements that streamline and focus Callon's operations, accelerate the achievement of its debt reduction target and allow for the initiation of a shareholder return program in the third quarter of 2023. Callon has entered into a definitive agreement to acquire the membership interests of Permian-based Percussion Petroleum Operating II, LLC ("Percussion") in a cash and stock transaction valued at approximately $475 milli

Reported net income of $220.6 million, or $3.57 per diluted shareReported adjusted income of $119.9 million, or $1.94 per diluted share1Q23 production in line with guidance with capital expenditures below guidanceIncreased drilling and completions efficiencies through simultaneous operations on larger projectsDebt moves lower for the eleventh consecutive quarter HOUSTON, May 3, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today reported first quarter 2023 financial and operating results. A conference call to discuss the results is planned for 8 a.m. CDT, Thursday, May 4. Slides accompanying today's release are available at www.callon.com/investors. Fir

HOUSTON, April 18, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") plans to host a conference call to discuss its first quarter 2023 financial and operating results.  Webcast: Date: May 4, 2023Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time) Webcast: www.callon.comSelect "News/Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to release first quarter 2023 results after market close on Wednesday, May 3, 2023. About Callon Petroleum Callon Petroleum Company is an independent oil and natural gas company focuse

Capital budget implies approximately 60% reinvestment rate, improving capital efficiencies and further debt reduction Company projected to reach key $2 billion debt milestone in 2H23 HOUSTON, Feb. 22, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today announced its 2023 Outlook in conjunction with the release of its fourth quarter and full-year 2022 financial and operating results. A conference call is planned for 8 a.m. CT, Thursday, February 23, 2023. Slides accompanying today's releases are available at www.callon.com/investors. Highlights 2023 planned capital expenditures of $1 billion, representing a projected reinvestment rate of ~60%12023 produ

FY22 net cash provided by operating activities and net income set Company records Increased full year operating margin by nearly 40% 4Q22 and FY22 capital expenditures and production in-line with guidance HOUSTON, Feb. 22, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today reported fourth quarter and full year 2022 financial and operating results. In addition, Callon today issued a separate release on its 2023 outlook. Slides accompanying today's releases are available at www.callon.com/investors. 2022 Highlights Set Company records for full-year net cash provided by operating activities of $1.5 billion and adjusted free cash flow of $622.7 millionSet

HOUSTON, Feb. 9, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") plans to host a conference call to discuss its fourth quarter and full year 2022 financial and operating results. Webcast: Date: February 23, 2023Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time) Webcast: www.callon.comSelect "News/Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to release fourth quarter and full year 2022 results after market close on Wednesday, February 22, 2023. About Callon Petroleum Callon Petroleum Company is an indepen

HOUSTON, Nov. 2, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today reported results of operations for the three and nine months ended September 30, 2022. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. Third Quarter 2022 and Recent Highlights Delivered 8% sequential growth in daily oil production volumes and 7% sequential growth in total daily production volumes (66.4 MBbls/d and 107.3 MBoe/d, respectively)Achieved Midland Basin well productivity gains in 2022 of over 25% compared to the 2019 - 2021 averageGener

HOUSTON, Oct. 18, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") plans to host a conference call to discuss its third quarter 2022 financial and operating results.  Webcast: Date: November 3, 2022Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time) Webcast: www.callon.comSelect "News/Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to release third quarter 2022 results after market close on Wednesday, November 2, 2022. About Callon Petroleum Callon Petroleum Company is an independent oil and natural gas compa

HOUSTON, Aug. 3 , 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today reported results of operations for the three and six months ended June 30, 2022. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. Second Quarter 2022 and Recent Highlights Delivered production of approximately 100.7 MBoe/d (61% oil and 81% liquids) in the second quarter of 2022Increased Delaware Basin well productivity in 2022 by approximately 20% over 2021 as co-development offset spacing and completions initiatives are implementedGenerated net

HOUSTON, July 19, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") plans to host a conference call to discuss its second quarter 2022 financial and operating results.  Webcast: Date: August 4, 2022Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time) Webcast: www.callon.comSelect "News/Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to release second quarter 2022 results after market close on Wednesday, August 3, 2022. About Callon Petroleum Callon Petroleum Company is an independent oil and natural gas company

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, 2022. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. First Quarter 2022 and Recent Highlights Delivered production of approximately 102.7 MBoe/d (63% oil) in the first quarter of 2022Placed two co-development projects on production in the Delaware South area with performance exceeding expectationsIncreased drilled, uncompleted well count to 42 wells at quarter endGenerated net ca

HOUSTON, April 19, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") plans to host a conference call to discuss its first quarter 2022 financial and operating results.  Webcast: Date: May 5, 2022 Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time) Webcast: www.callon.com Select "News/Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to release first quarter 2022 results after market close on Wednesday, May 4, 2022. About Callon Petroleum Callon Petroleum Company is an independent oil and natural gas company focu

HOUSTON, Feb. 23, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today reported results of operations for the three months and full-year ended December 31, 2021. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. 2021 Highlights Full-year 2021 production of 95.6 MBoe/d (64% oil) Year-end proved reserves of 484.6 MMBoe (60% oil) with a standardized measure of future discounted cash flows of total proved reserves of $6.3 billion PV-10 of total proved reserves of $7.1 billion; Proved developed reserves represent 57% of

HOUSTON, Feb. 7, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") plans to host a conference call to discuss its fourth quarter and full year 2021 financial and operating results.  Webcast: Date: February 24, 2022Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time) Webcast: www.callon.comSelect "News/Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to release fourth quarter and full year 2021 results after market close on Wednesday, February 23, 2022. About Callon Petroleum Callon Petroleum Company is an inde

HOUSTON, Nov. 3, 2021 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today reported results of operations for the three and nine months ended September 30, 2021. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. Third Quarter 2021 and Recent Highlights Delivered production of approximately 99.7 MBoe/d (64% oil) in the third quarter of 2021 Generated net cash provided by operating activities of $294.6 million and adjusted free cash flow1 of $119.5 million Net income of $171.9 million, or $3.65 per diluted share, adjusted E

HOUSTON, Oct. 5, 2021 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today announced that it has closed the acquisition of leasehold interests and related oil, gas, and infrastructure assets of Primexx Energy Partners and its affiliates.  Callon President and Chief Executive Officer Joe Gatto commented, "We are excited to get to work integrating this high-quality asset base into our Permian Basin operations, overlaying our life of field development philosophy on the acquired multi-zone resource base. Given our deep subsurface expertise in the Delaware Basin and operational preparation, we expect a seamless transition and will be focused on delivering the typ

HOUSTON, Aug. 4, 2021 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today announced an agreement to acquire the leasehold interests and related oil, gas, and infrastructure assets of Primexx Energy Partners and its affiliates. Primexx is a private oil and gas operator in the Delaware Basin with a contiguous footprint of 35,000 net acres in Reeves County and second quarter 2021 net production of approximately 18,000 barrels of oil equivalent per day ("Boe/d") (61% oil). The cash and stock transaction is valued at approximately $788 million[1], representing a headline purchase price multiple of approximately $43,800 per Boe/d, based on second quarter productio

HOUSTON, Aug. 4, 2021 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today reported results of operations for the three and six months ended June 30, 2021. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. Second Quarter 2021 and Recent Highlights Delivered production of approximately 89.0 MBoe/d (63% oil) in the second quarter of 2021 Generated net cash provided by operating activities of $175.6 million and adjusted free cash flow1 of $6.9 million Net loss of $11.7 million, or $0.25 per diluted share, driven primarily by