OverviewSuggest Edit

Callon Petroleum Company is engaged in the acquisition, development, exploration and operation of oil and gas properties in Louisiana, Texas, and the offshore waters of the Gulf of Mexico. Callon Petroleum Operating Company provides operating services for wells located in the Gulf of Mexico and on land in Louisiana and West Texas.

TypePublic
Founded1950
HQNatchez, US
Websitecallon.com
Employee Ratings2

Latest Updates

Employees (est.) (Dec 2018)218(+29%)
Revenue (FY, 2018)$587.6 M(+61%)
Share Price (Jun 2019)$6.2 (-1%)

Key People/Management at Callon Petroleum Company

Joseph C. Gatto

Joseph C. Gatto

President, Chief Executive Officer and Director
James P. Ulm

James P. Ulm

Senior Vice President and Chief Financial Officer
Gary A. Newberry

Gary A. Newberry

Senior Vice President and Chief Operating Officer
Correne S. Loeffler

Correne S. Loeffler

Vice President, Finance and Treasurer
Mitzi P. Conn

Mitzi P. Conn

Vice President and Chief Accounting Officer
Michol L. Ecklund

Michol L. Ecklund

Vice President, General Counsel and Corporate Secretary
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Callon Petroleum Company Office Locations

Callon Petroleum Company has an office in Natchez
Natchez, US (HQ)
200 N Canal St
Show all (1)

Callon Petroleum Company Financials and Metrics

Callon Petroleum Company Revenue

Callon Petroleum Company's revenue was reported to be $587.62 m in FY, 2018
USD

Revenue (Q1, 2019)

153.0m

Net income (Q1, 2019)

(19.5m)

EBIT (Q1, 2019)

43.2m

Market capitalization (10-Jun-2019)

1.4b

Closing stock price (10-Jun-2019)

6.2

Cash (31-Mar-2019)

10.5m
Callon Petroleum Company's current market capitalization is $1.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

102.6m151.9m137.5m200.9m366.5m587.6m

Revenue growth, %

48%(9%)46%

General and administrative expense

20.5m28.3m26.3m27.1m35.3m

Operating expense total

91.9m346.6m248.3m225.0m328.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

33.3m40.5m39.7m30.4m39.2m34.3m30.7m45.1m55.9m81.4m82.3m84.6m127.4m137.1m161.2m153.0m

Sales and marketing expense

7.0m

General and administrative expense

5.8m10.8m9.6m3.3m12.1m5.8m4.3m5.6m6.3m7.9m5.2m6.4m7.3m8.8m8.3m9.7m11.8m

Operating expense total

24.5m26.6m28.4m28.1m43.3m33.0m118.2m65.5m95.7m39.3m49.1m58.5m53.2m66.5m69.7m88.4m109.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.0m968.0k1.2m653.0m28.0m16.1m

Accounts Receivable

20.6m30.2m39.6m69.8m114.3m131.7m

Inventories

Current Assets

29.6m60.5m62.3m725.1m144.9m222.6m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

4.3m37.8m(240.1m)(91.8m)120.4m300.4m

Depreciation and Amortization

45.4m56.7m69.9m73.1m118.1m184.7m

Inventories

Accounts Payable

3.6m12.8m8.0m25.3m30.9m74.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

1.0m1.9m6.6m18.8m(10.2m)(15.2m)(127.0m)(41.1m)(111.2m)(90.1m)47.1m80.5m97.6m55.8m106.2m144.2m(19.5m)

Depreciation and Amortization

34.7m10.6m23.0m39.5m18.5m36.6m52.6m16.1m32.8m50.6m24.9m51.7m80.8m36.1m75.5m124.4m60.7m

Accounts Payable

2.0m5.2m2.0m3.4m(355.0k)5.5m6.5m(717.0k)4.1m19.8m9.9m5.7m7.5m12.9m17.1m64.8m(26.0m)

Cash From Operating Activities

35.2m20.0m35.6m57.7m6.1m30.0m55.5m16.1m37.5m49.9m52.7m95.8m149.7m92.2m200.0m316.0m
USDY, 2019

Financial Leverage

1.7 x
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Callon Petroleum Company News and Updates

Callon Petroleum Company Announces Closing Of Southern Midland Basin Divestiture And Updates 2019 Guidance

HOUSTON, June 13, 2019 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or "we" or "our") announced today that it closed on the previously announced divestiture of non-core assets in the southern Midland Basin to Sequitur Permian, LLC for net cash proceeds of $245 million,...

Callon Petroleum Company Announces Upcoming Investor Event

HOUSTON, June 10, 2019 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that senior management plans to participate in the upcoming investor event: J. P. Morgan Chase 2019 Energy Conference The Company will present at the J.P. Morgan Chase...

Callon Petroleum Company Launches Sustainability Website

HOUSTON, June 5, 2019 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced the launch of a new segment of its website dedicated to the Company's sustainability practices. The new webpages provide an overview of Callon's commitment to maintaining ...

Callon Petroleum Company Announces First Quarter 2019 Results

HOUSTON, May 6, 2019 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today reported results of operations for the three months ended March 31, 2019. Presentation slides accompanying this earnings release are available on the Company's website at www.callon....

Callon Petroleum Company Schedules First Quarter 2019 Conference Call for May 7, 2019

HOUSTON, April 4, 2019 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) plans to host a conference call to discuss its first quarter 2019 financial and operating results. Webcast and Conference Call: Date: Tuesday, May 7, 2019 Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time)...

Callon Petroleum Company Provides 2019 Outlook and Year End Proved Reserves

HOUSTON, Feb. 12, 2019 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced its 2019 capital expenditure budget, reflecting a combination of financial discipline and capital efficiency gains. 2019 forecasted annual production of 39.5 - 41.5...
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Callon Petroleum Company Frequently Asked Questions

  • When was Callon Petroleum Company founded?

    Callon Petroleum Company was founded in 1950.

  • Who are Callon Petroleum Company key executives?

    Callon Petroleum Company's key executives are Joseph C. Gatto, James P. Ulm and Gary A. Newberry.

  • How many employees does Callon Petroleum Company have?

    Callon Petroleum Company has 218 employees.

  • What is Callon Petroleum Company revenue?

    Latest Callon Petroleum Company annual revenue is $587.6 m.

  • What is Callon Petroleum Company revenue per employee?

    Latest Callon Petroleum Company revenue per employee is $2.7 m.

  • Who are Callon Petroleum Company competitors?

    Competitors of Callon Petroleum Company include EOG Resources, PDC Energy and LLOG Exploration Company.

  • Where is Callon Petroleum Company headquarters?

    Callon Petroleum Company headquarters is located at 200 N Canal St, Natchez.

  • Where are Callon Petroleum Company offices?

    Callon Petroleum Company has an office in Natchez.

  • How many offices does Callon Petroleum Company have?

    Callon Petroleum Company has 1 office.