callon petroleum company houston

Market Data powered by QuoteMedia. No assurances can be given, however, that these events will occur or that these projections will be achieved, and actual results could differ materially from those projected as a result of certain factors. Houston-based Callon Petroleum Co. (NYSE: CPE) has leased a 107,171-square-foot space in 9753 Katy Freeway, Houston-based MetroNational's newest office building in Memorial City. Callon Petroleum is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of West and South Texas. Guess the Houston's crystal-clear lagoons: Access, prices and opening dates. Following the acquisition, the director now owns 610,208 shares in the company, valued at $18,611,344. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Russell Parker is expected to join Callon as senior vice president and COO in late June, the company said. 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 . American Stock Transfer (or AST) serves as Callons transfer agent. 714E-mail: owners@callon.com, American Stock Transfer & Trust Company, LLCATTN: Shareholder Services Department6201 15th Ave., Brooklyn, NY 11219800-937-5449E-mail: help@astfinancial.com, Callon Petroleum CompanyPhone: 281-589-5200E-mail: ir@callon.com, Callon Petroleum Company2000 W. Sam Houston Parkway SouthSuite 2000Houston, Texas 77042, Callon Headquarters Building2000 W. Sam Houston Parkway SouthSuite 2000Houston, TX 77042Map link, Callon Petroleum Company6 Desta DriveSuite 4000Midland, TX 79705Phone:432-218-2800Map link. In some cases, job-seekers are being contacted directly, both by phone and e-mail. Reservoir Engineer Job in Houston, TX at Callon Petroleum Operating Company On what exchange does Callons stock trade, and what are Callons stock ticker symbols? Mr. Genrich is a recognized expert in both the technical and safety and environmental aspects of drilling and completion operations. The results of two new drilling operations--Medusa, which was scheduled to be online by the end of 2002, and Habanero, which was expected to begin production in the second half of 2003--remained to be seen. In 1979, the company organized a new division, Callon Royalty Funds, through which investors could buy landowners' royalties on oil and gas. Callon Petroleum completes acquisition of Carrizo Oil & Gas - Houston The company was founded in 1950 by Sim C. Callon and John S. Callon, and has been publicly traded since 1994. Ms. Endorf holds a Bachelor of Science in petroleum engineering from the Colorado School of Mines and a Master of Science in Global Energy Management from the University of Colorado. In 1995, contractors were charging $40,000 per square mile for 3-D seismic mapping of onshore sites, and $100,000 in shallow waters, noted the Mississippi Business Journal. The Company has entered into an overriding royalty interest ("ORRI") transaction with a private investment vehicle managed by Kimmeridge Energy ("Kimmeridge"), an energy-focused private equity firm, that generated gross cash proceeds of $140 million dollars. Hewas previously employed byConocoPhillips, where in 2013he retired after 35years of service, working in variousmarketing, finance and accountingmanagement roles supportingdomestic and international business units. . Callon Petroleum was privately held until 1974. Callon acquired its first deepwater leases in the Gulf of Mexico in 1996. Joe Gatto, President and CEO added: "Callon is also committed to sustainable and responsible development of our resources by mitigating the risks of climate change. Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in West Texas. He holds B.S. Mr. Kelly graduated from Tulane University as an Aldrich Fellowship scholar with a Masters of Business Administration in 2011 and as a Deans Honor Scholar with an undergraduate degree in Finance in 2007. MetroNational owns and will manage the Callon building as part of its 10 million-square-foot Memorial City campus along Interstate 10 at Gessner inside Beltway 8. Contact :: Callon Petroleum Company (CPE) Prior to his career at Carrizo, Mr. Bigler served as Regional Vice President of Operations for BreitBurn Management Company, overseeing BrietBurns producing assets in California, the Mid-Continent, and the Permian Basin. Founded in 2012, Kimmeridge is a private equity firm based in New York and Denver focused purely on the development of low-cost unconventional oil and gas assets in the US upstream energy sector. However, company officials felt their stock was undervalued. Slated to open in the third quarter, the 9753 Katy Freeway building has commitments from office tenants less than a year after resuming construction following a more than two-year COVID-related pause. Finally, Marshall Wace LLP boosted its holdings in Callon Petroleum by 63.2% during the 3rd quarter. Vice President and Chief Information Officer. Callon Petroleum Company is headquartered in Houston, Texas. Callon has also issued $300 million of principal value second lien secured notes ("2nd Lien Notes") to Kimmeridge. TenOaks Energy Advisors acted as sell-side advisor for the non-operated working interest sale. Senior Vice President and Chief Operating Officer. The deal also capped a year in which the largest leases in the market were signed by oil and gas companies. The site would eventually house a considerable computer operation dedicated to modeling the company's new oil and gas properties. Document - SEC.gov 835 followers 500+ connections. We care about each of our team members, and offer a competitive salary and benefits. Shares of Callon Petroleum stock opened at $34.92 on Friday. Callon Petroleum has a 12-month low of $28.91 and a 12-month high of $50.19. Get daily stock ideas from top-performing Wall Street analysts. Condire Management LP purchased a new position in Callon Petroleum during the 3rd quarter valued at $19,492,000. The Houston Chronicle ranked Callon among its Top Workplaces in 2017, 2018, 2019, and again in 2020. When typing in this field, a list of search results will appear and be automatically updated as you type. All rights reserved. Laser breakthrough could send stock soaring 2,467%. John S. Callon founded the company that would become the Callon Petroleum Company in 1950. proporcionarte nuestros sitios y aplicaciones; autenticar usuarios, aplicar medidas de seguridad y evitar el spam y los abusos, y. medir el uso que haces de nuestros sitios y aplicaciones. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Shares of Callon Petroleum (NYSE:CPE - Free Report) have earned a consensus recommendation of "Hold" from the nine brokerages that are covering the company, MarketBeat.com reports. Five stocks we like better than . The payoffs for the risk of drilling in deep water were the greater size of the reserves and the chance to drill in relatively virgin territory. See what's happening in the market right now with MarketBeat's real-time news feed. Insiders. in Environmental and Planning Engineering, from Missouri University of Science and Technology (formerly University of Missouri Rolla). Callon ended 2000 with record revenues, net income, and oil and gas reserves. At age 60, John Callon added the position of chairman to his duties as president and CEO upon the January 1981 retirement of his older brother Sim, then 64 years old. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). This story was reviewed by MarketBeat's editorial team prior to publication. As a team member at Callon, youll be encouraged to accomplish your professional goals, and make a positive, lasting impact. Callon Petroleum Co. Watch list After Hours Last Updated: Jun 21, 2023 6:55 p.m. EDT Delayed quote $ 34.30 -0.12 -0.35% After Hours Volume: 11.78K Advanced Charting Volume: 940.6K 65 Day Avg:. Callon Petroleum last issued its earnings results on May 3rd, 2023. Three High-Dividend Yield Stocks For Stable Income And Growth, Mullen: The Back-Handed Slap Of Good News. Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in West Texas. It became publicly owned towards the end of the year following a merger with the newly formed Pacific Oil and Gas Development Corporation/Pacific Energy Corporation. in Accounting from Angelo State University. Our experienced leadership team provides an excellent learning environment, with mentorship opportunities to accelerate professional growth. Callon Petroleum to acquire Permian Basin assets, exit Eagle Ford Shale Callon was providing capital, while Amwar identified and acquired prospects. Still, Callon stood out as the ranks of its peers thinned. Callon spent $213 million acquiring oil and gas properties between 1989 and 1995. The business's 50-day moving average price is $32.63 and its 200-day moving average price is $35.57. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Callon did not operate any of its own deepwater fields. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.60. Callon had earned $4.7 million the previous year on revenues of $40.3 million. Callon Petroleum had a net margin of 46.15% and a return on equity of 27.29%. The year 1998 ended up being a difficult one for the oil and natural gas industry. Callon Petroleum to acquire Primexx Energy Partners assets - Houston Transcript : Callon Petroleum Company, Q4 2021 Earnings Call, Feb 24, 2022. Our Operations team is based in Midland. Vice President of Asset Development & Technology. Cautionary Statement Regarding Forward Looking Statements. Marshall Wace LLP now owns 750,922 shares of the oil and natural gas company's stock valued at $26,290,000 after acquiring an additional 290,908 shares during the period. , . She began her career with Pioneer, holding positions of increasing responsibility within the companys operations and engineering teams. ", Callon appreciates the ideas of its employees and stands firm on its values. Murphy Oil Corp. operated two, and Shell Oil Co. and Vastar Resources Inc., part of BP plc, operated one each. Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in West Texas. Copyright (c) 2022 Company-Histories.com. In February 1998, Callon announced a deepwater natural gas find, its second, at the Habanero prospect, located 2,000 feet under the ocean's surface. 126 were here. Ms. Day holds a Bachelor degree in Computer Information Systems from the University of Houston Downtown. Callon Petroleum is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of West and South Texas. He has experience in virtually all major oil and gas play types, and has also worked international opportunities. RT=Real-Time, EOD=End of Day, PD=Previous Day. Callon Petroleum | LinkedIn RT=Real-Time, EOD=End of Day, PD=Previous Day. He joined Callon as Corporate Development Manager in July 2015, overseeing the execution of the Callons corporate development, capital markets and investor relations initiatives. Market Data copyright 2023 QuoteMedia. RT=Real-Time, EOD=End of Day, PD=Previous Day. As part of our focus on strong governance, we have thoughtfully developed a new executive compensation program that aligns management incentives with investor priorities for our industry and for Callon. Kevin Haggard joined the Company in May 2021 as Senior Vice President and Chief Financial Officer. Callon Petroleum (NYSE:CPE) Stake Raised by Oak Ridge - MarketBeat The oil and natural gas company reported $1.94 earnings per share for the quarter, missing analysts' consensus estimates of $1.96 by ($0.02). The proceeds of the Kimmeridge transactions will be used to reduce borrowings on the Company's credit facility by nearly a third to approximately $1 billion. Following the purchase, the director now directly owns 562,824 shares in the company, valued at approximately $17,802,123.12. Energy Former Carrizo CEO leaves Callon Petroleum board, new director appointed By Sara Samora - Reporter, Houston Business Journal Jan 7, 2022 The former president and CEO of Carrizo Oil &. Source: International Directory of Company Histories, Vol. Liam Kelly currently serves as our Vice President of Corporate Development where he leads our corporate development, business development and strategic planning teams. HOUSTON, Oct. 1, 2020 /PRNewswire/ -- Callon Petroleum Company ("Callon" or the "Company") (NYSE: CPE) today announced additional initiatives to enhance liquidity, consistent with the Company's commitment to proactively addressing its capital structure. Still, the company boosted proved reserves 100 percent during the year. Our business strategy enables us to enhance shareholder value through efficient capital growth within our proved reserves and associated production and cash flows. J.MichaelHastingsjoined Callon asDirector of MarketinginJune2015, and became Vice President,Marketingin 2019. Si no quieres que nosotros ni nuestros socios utilicemos cookies y datos personales para estos propsitos adicionales, haz clic en Rechazar todo. The deal is among the largest leases in the Katy Freeway/Energy Corridor submarket in 2022. Every individual effort makes a difference, and each office plays a part in the success of our company. Our footprint upon closing of the Callon and Carrizo merger in December of 2019 covered approximately 200,000 net acres across the Midland and Delaware Basins and Eagle Ford Shale. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Callon Petroleum Operating Company Company Profile | Houston, TX We will continue to pursue initiatives that improve our financial position and are encouraged by the expanding spectrum of actionable alternatives that have emerged as we execute on our strategic plan as a scaled operator in premier operating areas.". Callon Petroleum Company About Senior legal professional with cross functional skills in legal and non-legal roles Experience in counseling boards and executives on strategic, legal, and. Get the free guide that shows you how to use them and start living a worry-free retirement life today. The newest lease paves the way for MetroNational to start work on the next office building in Memorial City, according to Jason Johnson, its president. Callon Petroleum Company | Encyclopedia.com Company Description: Callon Petroleum Company (Callon) is an independent oil and natural gas company focuses on the acquisition, exploration and development of high-quality assets in the leading oil plays of West and South Texas. CI. Callon Petroleum is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas. By Kirkland An,Katherine Feser,Nusaiba Mizan, Callon Petroleum signs deal for new Memorial City HQ in one of 2022's biggest office leases, The Chronicle 100: Houston's top companies, auto models and more. Working at Callon Petroleum: Employee Reviews | Indeed.com Callon to Acquire Core Delaware Basin Assets and Exit Eagle Ford In 1993, Callon paid ARCO $31 million for a 94.4 percent working interest in North Dauphin Island Field, located in shallow waters off the coast of Alabama. Callon Petroleum Company: Driving Growth in the Permian Basin Weve been predominantly focused on the horizontal development of several prospective intervals including multiple levels of the Wolfcamp formation and the Lower Spraberry shales. and Ph.D. degrees in Petroleum Engineering, in addition to an M.S. Senior Vice President, General Counsel and Corporate Secretary. Doug Genrich serves as Callons Vice President of Drilling & Completions. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). Morgan Stanley decreased their target price on Callon Petroleum from $45.00 to $43.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 19th. RELATED: New 8-story tower coming to CityCentre area, where office space is in unusually short supply. Callon was only able to venture this far in partnership with major oil companies due to the expense and expertise required. Browse our commonly asked investor-related questions. Comparing Texas Pacific Land Corp and Callon Petroleum Company's grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. Its first two prospects, recorded the Mississippi Business Journal, turned out to be its largest discoveries to date. Si quieres personalizar tus opciones, haz clic en Gestionar configuracin de privacidad. This news release is posted on the Company's website at www.callon.com and will be archived there for subsequent review under the "News" link on the top of the homepage. Align payouts with the shareholder experience by including a relative TSR metric and capping bonus payouts at target if absolute TSR is negative for the year. Callon Petroleum hires Russell Parker as COO - Houston Business Journal Callon opened an office in Houston in early 2001 to house technical staff dedicated to shelf and deepwater development. It had been discovered 43 years earlier by Gulf Oil Co. Callon studied the field, reengineered operations, and was able to reduce costs by nearly a third. Houston-based Callon Petroleum Co. (NYSE: CPE), which completed a multibillion-dollar deal in December 2019, has another acquisition lined up. Callon Petroleum Company. Before joining Callon Petroleum, he earned an M.B.A. from the Wharton School of the University of Pennsylvania and worked as an accountant for KPMG Peat Marwick. Any search firm that disregards this instruction must not expect us to pay a fee for any placement that results and proceeds at its own risk. The company was founded in 1950 and is headquartered in Houston, Texas. Callon Petroleum Company Announces $170 Million in Asset Monetizations Our people are passionate and innovative, and shape our understanding of what is possible and challenge us to consider new ideas. Cision Distribution 888-776-0942 Callon Petroleum Company Company Profile | Houston, TX | Competitors Callon Petroleum Company is an independent oil and natural gas exploration and production company based in Houston, Texas. Homebuilder Stocks Steady; Can They Stay That Way? A major pension fund, which the company did not reveal, provided three-quarters of the money needed for those acquisitions. contact@marketbeat.com FAQ :: Callon Petroleum Company (CPE) More: Eddy County collects $92M in oil and gas taxes during current fiscal year Callon Petroleum: A Look At Its Potential 2023 Results - Seeking Alpha No assurances can be given, however, as of this date, that these events will occur or that these projections will be achieved, and actual results could differ materially from those projected as a result of certain factors. 326 E 8th St #105, Sioux Falls, SD 57103 Hedge funds and other institutional investors own 92.46% of the company's stock. Also, Director Steven A. Webster bought 20,000 shares of the company's stock in a transaction dated Tuesday, May 9th. Cash proceeds enhance liquidity and advance deleveraging initiatives, Fall 2020 credit facility redetermination completed with borrowing base and elected commitments set at $1.6 billion pro forma for the transactions. The price of oil fell from $40 to $11 per barrel in 1985 and 1986. The oil and natural gas company reported $1.94 earnings per share for the quarter, missing the consensus estimate of $1.96 by $0.02. This division was soon accounting for a quarter of Callon's total revenues, which were $6.6 million in the fiscal year ending May 31, 1980. The year of Callon's 50th anniversary started out as another difficult one. The company ended the year with estimated net proved reserves of 334 billion cubic feet of natural gas equivalent (Bcfe), up 28 percent from year-end 1999. In 1999, Callon reduced its drilling budget about 15 percent to $55 million; most of this was targeted at shallow-water prospects. Prior to BreitBurn, he spent seven years with Devon Energy as Manager, Production Operations and 17-1/2 years with Unocal Corporation in various engineering and commercial roles including domestic and international assignments and midstream development. May 4, 2023 Listen to this article 3 min Houston-based Callon Petroleum Co. (NYSE: CPE) has inked two separate deals in the Permian Basin and the Eagle Ford Shale to streamline its. The stock was purchased at an average price of $30.50 per share, for a total transaction of $225,212.00. To see all exchange delays and terms of use please see Barchart's disclaimer. Callon Petroleum Company - AnnualReports.com

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