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Callon Petroleum Co

US:CPE
No current share price held for this company.

Past year: ▲ 7%(30.63 – 39.23 USD)

Market cap
—
Shares on issue
—
Story beats
63 since 2012
Last event
11 Apr 2024

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

4 Mar 2014dividend declaration● Neutral

Callon declared a cash dividend of $1.25 per share on its 10.0% Series A Cumulative Preferred Stock, the preferred issued in 2013. This concerns preferred holders only and does not change common shareholders' position. The filing also notes Callon may solicit proxies for its 2014 annual meeting.

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14 Feb 2014substantial holder notice● Neutral

Wellington Management Company, LLP disclosed a new substantial Callon Petroleum Co shareholding (7.19% of votes).

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3 Feb 2014quarterly activities report● Neutral

Callon Petroleum Co reported a quarterly net income of $3.3 million for the period ended 2013-12-31.

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28 Jan 2014substantial holder notice● Neutral

BlackRock, Inc reported a Callon Petroleum Co shareholding of 3,378,393 shares (8.40% of votes) in a periodic institutional filing.

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10 Jan 2014substantial holder notice● Neutral

Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a Callon Petroleum Co shareholding of 2,900,000 shares (7.20% of votes) in a periodic institutional filing.

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7 Jan 2014substantial holder notice● Neutral

LONE STAR VALUE INVESTORS, LP, LONE STAR VALUE CO-INVEST I, LP, LONE STAR VALUE INVESTORS GP, LLC, LONE STAR VALUE MANAGEMENT, LLC, JEFFREY E. EBERWEIN, MATTHEW REGIS BOB reported a Callon Petroleum Co shareholding of 2,630,000 shares (6.50% of votes) in a periodic institutional filing.

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23 Dec 2013substantial holder notice● Neutral

LONE STAR VALUE INVESTORS, LP, LONE STAR VALUE CO-INVEST I, LP, LONE STAR VALUE INVESTORS GP, LLC, LONE STAR VALUE MANAGEMENT, LLC, JEFFREY E. EBERWEIN, MATTHEW REGIS BOB reported a Callon Petroleum Co shareholding of 2,530,000 shares (6.30% of votes) in a periodic institutional filing.

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11 Dec 2013asset acquisition disposition● NeutralMajor

Callon closed the rest of the W&T Offshore sale on December 5, 2013, bringing total net cash to $88 million. The proceeds reduced credit facility borrowings, and the rest will fund the previously announced partial redemption of the Senior Notes due 2016 and general purposes. The same filing furnished a press release on severe weather affecting Permian operations and revised 2013 guidance; the filing does not give the new numbers.

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12 Nov 2013asset acquisition disposition● NeutralMajor

Callon closed the first part of the W&T Offshore sale on November 5, 2013 for an estimated $76.4 million net cash, with a further $11.5 million expected when the rest closes by November 30, 2013. The assets sold were about 46% of Callon's production for the first nine months of 2013. Proceeds paid down the revolving credit facility, with the remainder for general corporate purposes.

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7 Nov 2013quarterly activities report● Neutral

Callon Petroleum Co reported a quarterly net income of $1.1 million for the period ended 2013-09-30.

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7 Nov 2013quarterly activities report● Neutral

Callon Petroleum Co reported a quarterly net income of $1.1 million for the period ended 2013-09-30.

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22 Oct 2013material agreement● NeutralMajor

Callon agreed to sell its Medusa field interest (15% working interest), its 10% stake in Medusa Spar LLC and substantially all of its Gulf of Mexico shelf assets to W&T Offshore for $100 million cash, effective July 1, 2013. The assets carried 4.4 million barrels of oil equivalent of net proved reserves, and about $13 million of net plugging and abandonment liabilities transfer to the buyer. Closing was expected by November 30, 2013; this continues the exit from Gulf of Mexico assets begun with the Habanero sale.

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17 Oct 2013substantial holder notice● Neutral

LONE STAR VALUE INVESTORS, LP, LONE STAR VALUE CO-INVEST I, LP, LONE STAR VALUE INVESTORS GP, LLC, LONE STAR VALUE MANAGEMENT, LLC, JEFFREY E. EBERWEIN disclosed a new substantial Callon Petroleum Co shareholding (5.70% of votes).

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8 Aug 2013quarterly activities report● Neutral

Callon Petroleum Co reported a quarterly net income of $758 thousand for the period ended 2013-06-30.

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8 Aug 2013quarterly activities report● Neutral

Callon Petroleum Co reported a quarterly net income of $758 thousand for the period ended 2013-06-30.

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30 May 2013listing compliance notice▲ GoodMajor

the New York Stock Exchange certified Callon Petroleum Co's securities for listing, clearing them to begin trading.

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22 May 2013securities registration● Neutral

Callon Petroleum Co filed a prospectus supplement for an offering off its existing shelf.

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22 May 2013securities registration● Neutral

Callon Petroleum Co filed a free-writing prospectus - marketing material for an offering in progress.

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21 May 2013debt financing● NeutralMajor

Callon amended its credit agreement (Regions Bank as agent) to raise the quarterly cap on senior unsecured debt and preferred equity charges from $4.0 million to $5.5 million. It also announced an underwritten public offering of non-convertible Series A Cumulative Preferred Stock ($50 per share liquidation preference), with proceeds meant to speed up Permian basin spending, possible acquisitions and general purposes, and to repay revolver borrowings in the meantime. The preferred shares rank ahead of common shareholders for payouts (inference from the nature of preferred stock); no offering size or price is given.

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20 May 2013securities registration● Neutral

Callon Petroleum Co filed the final prospectus for a registered offering.

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17 May 2013director interest notice● Neutral

Callon Petroleum Co director L Richard Flury received a stock option grant for 35,014 shares.

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17 May 2013director interest notice● Neutral

Howard Clark Smith became a Callon Petroleum Co Chief Information Officer and company insider (initial ownership filing).

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17 May 2013director interest notice● Neutral

Callon Petroleum Co Senior VP - Operatons Gary Newberry received a stock option grant for 114,943 shares.

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17 May 2013director interest notice● Neutral

Callon Petroleum Co director Anthony J Nocchiero received a stock option grant for 35,014 shares.

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17 May 2013director interest notice● Neutral

Callon Petroleum Co Executive Vice President/ CFO B F Weatherly received a stock option grant for 195,403 shares.

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17 May 2013director interest notice● Neutral

Vincent Borrello became a Callon Petroleum Co VP/General Mgr - Permian and company insider (initial ownership filing).

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17 May 2013director interest notice● Neutral

Callon Petroleum Co director Larry D Mcvay received a stock option grant for 35,014 shares.

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17 May 2013director interest notice● Neutral

Callon Petroleum Co director John C Wallace received a stock option grant for 35,014 shares.

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13 May 2013director interest notice● Neutral

Callon Petroleum Co director Larry D Mcvay exercised stock options for 13,912 shares and disposed of 13,912 shares.

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13 May 2013director interest notice● Neutral

Callon Petroleum Co director L Richard Flury exercised stock options for 13,912 shares and disposed of 13,912 shares.

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