19 Jan 2018substantial holder notice● Neutral
BlackRock, Inc reported a Callon Petroleum Co shareholding of 21,602,597 shares (10.70% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 Jan 2018director interest notice● Neutral
Callon Petroleum Co Vice President and CAO Mitzi P Conn exercised stock options for 40,122 shares and disposed of 48,946 shares.
3 Jan 2018director interest notice● Neutral
Callon Petroleum Co President and CEO Joseph C. Gatto Jr. exercised stock options for 80,242 shares and disposed of 95,355 shares.
3 Jan 2018director interest notice● Neutral
Callon Petroleum Co Senior VP and COO Gary Newberry exercised stock options for 80,242 shares and disposed of 95,371 shares.
3 Jan 2018director interest notice● Neutral
Callon Petroleum Co Vice President of Land Jerry A Weant exercised stock options for 40,122 shares and disposed of 48,941 shares.
21 Dec 2017director interest notice● Neutral
James P Ulm II became a Callon Petroleum Co Senior VP & CFO and company insider (initial ownership filing).
21 Dec 2017director interest notice● Neutral
Callon Petroleum Co Senior VP & CFO James P Ulm II received a stock option grant for 90,000 shares.
8 Nov 2017director interest notice● Neutral
Callon Petroleum Co VP & General Counsel Michol L Ecklund received a stock option grant for 37,500 shares.
8 Nov 2017director interest notice● Neutral
Michol L Ecklund became a Callon Petroleum Co VP & General Counsel and company insider (initial ownership filing).
7 Nov 2017quarterly activities report● Neutral
Callon Petroleum Co reported a quarterly net income of $17.1 million for the period ended 2017-09-30.
7 Nov 2017quarterly activities report● Neutral
Callon Petroleum Co reported a quarterly net income of $17.1 million for the period ended 2017-09-30.
10 Oct 2017substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial Callon Petroleum Co shareholding (10.70% of votes).
3 Oct 2017quarterly activities report● Neutral
Callon Petroleum Co reported a quarterly net income of $17.1 million for the period ended 2017-09-30.
2 Aug 2017securities registration● Neutral
Callon Petroleum Co filed the final prospectus for a registered offering.
2 Aug 2017quarterly activities report● Neutral
Callon Petroleum Co reported a quarterly net income of $33.4 million for the period ended 2017-06-30.
2 Aug 2017quarterly activities report● Neutral
Callon Petroleum Co reported a quarterly net income of $33.4 million for the period ended 2017-06-30.
31 July 2017business combination● Neutral
Amendment No. 1 to the July 2017 notes exchange registration statement. The part shown contains only boilerplate (director and officer indemnification, undertakings, signatures) with no new financial or business information.
24 July 2017business combination● Neutral
Callon filed a registration statement to swap the $200 million of 6.125% notes due 2024 sold in May 2017 for identical registered notes. This fulfils the registration promise made when those notes were sold. Callon receives no proceeds and the terms are identical apart from dropping transfer restrictions and registration rights. The filing says the original $400 million notes were already exchanged in May 2017, which closes that earlier thread.
13 July 2017director interest notice● Neutral
Callon Petroleum Co Senior VP and COO Gary Newberry received a stock option grant for 138,632 shares.
13 July 2017director interest notice● Neutral
Callon Petroleum Co President and CEO Joseph C. Gatto Jr. received a stock option grant for 120,148 shares.
10 July 2017director interest notice● Neutral
Correne S Loeffler became a Callon Petroleum Co CFO and Treasurer and company insider (initial ownership filing).
29 June 2017director interest notice● Neutral
Correne S Loeffler became a Callon Petroleum Co CFO and Treasurer and company insider (initial ownership filing).
1 June 2017debt financing▲ GoodMajor
Callon signed a new $2 billion amended credit agreement (dated May 25, 2017) for its bank revolving loan. The borrowing base rose 30% to $650 million (from $500 million) and the maturity moved out to March 25, 2022 per the 8-K (the press release says May 25, 2022). Callon elected a $500 million commitment and has no borrowings outstanding. It replaces the earlier arrangement (borrowing base $500M, commitments $385M) and gives more room to fund the Delaware Basin deals flagged in the May 2017 notes offering, though the filing does not link the two.
24 May 2017debt financing● NeutralMajor
Callon agreed to sell an additional $200 million of its 6.125% senior unsecured notes due 2024 at 104.125% of face value, $50 million more than first announced. Closing was expected May 24, 2017. The company says it will use the net proceeds to fund certain pending Delaware Basin acquisitions and for general corporate purposes. These add to the $400 million issued in October 2016 under the same indenture, and Callon agreed to register an exchange for the new notes, with effectiveness targeted within 270 days of issuance. The filing mentions pending Delaware Basin acquisitions beyond the closed Ameredev deal but does not identify them.
16 May 2017director interest notice● Neutral
Callon Petroleum Co insider Anthony J Nocchiero exercised stock options for 13,283 shares and disposed of 13,283 shares.
16 May 2017director interest notice● Neutral
Callon Petroleum Co insider Larry D Mcvay exercised stock options for 13,283 shares and disposed of 13,283 shares.
16 May 2017director interest notice● Neutral
Callon Petroleum Co insider Matthew Regis Bob exercised stock options for 13,283 shares and disposed of 13,283 shares.
16 May 2017director interest notice● Neutral
Callon Petroleum Co insider L Richard Flury exercised stock options for 13,283 shares and disposed of 13,283 shares.
16 May 2017director interest notice● Neutral
Callon Petroleum Co insider John C Wallace exercised stock options for 13,283 shares and disposed of 13,283 shares.
16 May 2017director interest notice● Neutral
Callon Petroleum Co insider Michael L Finch exercised stock options for 9,100 shares and disposed of 9,100 shares.