callon petroleum company houston

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. PDF Report. Houston-based Callon Petroleum Co. (NYSE: CPE) completed its acquisition of Carrizo Oil & Gas Inc. (Nasdaq: CRZO) on Dec. 20, the same day that shareholders approved the revised deal terms.. Callon Petroleum Company Jan 2020 - Present3 years 5 months Houston, Texas Area Responsible for all Eagle Ford facilities to include: -Design and build of new facilities for development. View jobs Working at Callon Petroleum: 10 Reviews Review this company Job Title All Location United States 10 reviews Ratings by category 3.9 Work-Life Balance 4.4 Pay & Benefits 3.3 Job Security & Advancement 3.1 Management 4.0 Culture Sort by Helpfulness Rating Date Language 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. The Callon family owned about a third of the company's common stock after the reorganization, while Olsen-controlled companies owned another third. The business's 50-day moving average price is $32.63 and its 200-day moving average price is $35.57. Join to view profile Callon Petroleum Company . Callon Petroleum Company | Encyclopedia.com 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 . See what's happening in the market right now with MarketBeat's real-time news feed. Mr. Haggard holds a Master of Management from the Kellogg School of Management at Northwestern University and a Bachelor of Science in Business Administration from Georgetown University. Fred L. Callon, nephew of the company founder, became president and CEO of Callon Petroleum in 1984. By signing up you agree to receive content from us. 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. Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Prior to joining Callon, Mr. Conaway served as Vice President and Chief Accounting Officer of Carrizo from September 2014 December 2019, as Controller of Financial Reporting from May 2012 September 2014, and Assistant Controller from July 2011 May 2012. Heres an overview of the key functions of each Callon location: Our Houston office serves as Callons corporate headquarters and is home to our leadership team. HOUSTON, Oct. 1, 2020 /PRNewswire/ -- Callon Petroleum Company ("Callon" or the "Company") (NYSE: CPE) today announced additional initiatives to enhance liquidity, consistent with the. These statements reflect the Company's current views with respect to future events and financial performance based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. RT=Real-Time, EOD=End of Day, PD=Previous Day. Source: International Directory of Company Histories, Vol. 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. Stifel Nicolaus decreased their target price on Callon Petroleum from $58.00 to $53.00 in a research note on Tuesday, May 23rd. CALLON PETROLEUM COMPANY (Exact name of registrant as specified in its charter) One Briarlake Plaza 2000 W. Sam Houston Parkway S., Suite 2000 Houston, Texas 77042 (281) 589-5200 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Michol L. Ecklund In-depth profiles and analysis for 20,000 public companies. . Callon had earned $4.7 million the previous year on revenues of $40.3 million. Corporate Headquarters. Callon Petroleum Company. Market Data copyright 2023 QuoteMedia. Callon will purchase the leasehold interests. MetroNational has fully leased its 9753 Katy Freeway office building under construction in Memorial City with a November deal to bring the headquarters of Callon Petroleum to the 190,000-square-foot property. Houston-based Callon Petroleum Co. (NYSE: CPE), which completed a multibillion-dollar deal in December 2019, has another acquisition lined up. The 1980s and 1990s were not the best of times for independent producers on the Gulf Coast. Callon spent $213 million acquiring oil and gas properties between 1989 and 1995. Laser breakthrough could send stock soaring 2,467%. He joined Callon as Corporate Development Manager in July 2015, overseeing the execution of the Callons corporate development, capital markets and investor relations initiatives. Terms of Use. Ms. Day holds a Bachelor degree in Computer Information Systems from the University of Houston Downtown. Meanwhile, Callon signed a deal to sell its Eagle Ford assets for about $655 million to Ridgemar Energy Operating. A major pension fund, which the company did not reveal, provided three-quarters of the money needed for those acquisitions. Historically, weve focused on the Midland Basin and entered the Delaware Basin through an acquisition completed in February 2017. Finally, we can read about how these great companies came about with Company Histories.. Since 1950, Callon Petroleum has been focusing on the exploration, development, acquisition and production of unconventional onshore oil and natural gas properties in the Permian Basin. "I feel like I am making a significant contribution to the success of the company. Para obtener ms informacin sobre cmo utilizamos tus datos personales, consulta nuestra Poltica de privacidad y la Poltica de cookies. (844) 978-6257. The nine-story, 190,000-square-foot office building at 9753 Katy Freeway is set to open in 2024. Callon Petroleum to acquire Primexx Energy Partners assets - Houston Callon Petroleum Company is headquartered in Houston, Texas. Insiders have bought a total of 37,384 shares of company stock valued at $1,160,212 in the last quarter. Working at Callon Petroleum: Employee Reviews | Indeed.com 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. Vice President Corporate Development & Land. Carrie Endorf serves as Callons Vice President of Asset Development & Technology. ", Executive Compensation Framework Tied to Sustained Financial & ESG Performance. Kevin Haggard - Senior Vice President and Chief Financial Officer The disclosure for this purchase can be found here. 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. They set a "hold" rating on the stock. Where is Callon headquartered and where does Callon have other offices? In other instances, these unauthorized individuals are placing advertisements for fake positions with both legitimate websites and fabricated ones. 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. Please send any questions or comments about this story to contact@marketbeat.com. Reservoir Engineer Job in Houston, TX at Callon Petroleum Operating Company TenOaks Energy Advisors acted as sell-side advisor for the non-operated working interest sale. Identify stocks that meet your criteria using seven unique stock screeners. In 1994, Oil & Gas Journal pronounced Callon Petroleum the country's 146th largest publicly traded oil and gas exploration and production company. CPE Callon Petroleum Company Statement of Changes in Beneficial Ownership (4) . Truist Financial lifted their price objective on Callon Petroleum from $55.00 to $71.00 in a research report on Monday, May 8th. The building is next to a community greenspace for entertainment and events and near Memorial City Mall. American Stock Transfer (or AST) serves as Callons transfer agent. The company's properties are located in the Permian Basin in west Texas; the Haynesville Shale in northern Louisiana; and the Gulf of Mexico. Polianta Ltd boosted its holdings in Callon Petroleum by 121.3% during the 1st quarter. Callon Petroleum moving HQ to MetroNational's newest Memorial City Overview Management Team Board of Directors Governance FAQ Joseph C. Gatto, Jr. President, Chief Executive Officer and Director Kevin Haggard Senior Vice President and Chief Financial Officer Jeff Balmer, PHD Senior Vice President and Chief Operating Officer Michol L. Ecklund Senior Vice President, General Counsel and Corporate Secretary Rex Bigler Management Team :: Callon Petroleum Company (CPE) 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. Finally, Marshall Wace LLP boosted its holdings in Callon Petroleum by 63.2% during the 3rd quarter. "Callon has been committed to finding an office space where our team could collaborate in an enjoyable work environment, have an abundance of accessible amenities and optimize their commutes," Joe Gatto, the company's president and chief executive, said in an announcement. Foreign oil was cheap again and natural gas prices were low. One possible factor was the relatively short lifespans of underwater wells compared to those on land. Micron Technology: A Reversal Is Imminent, Sleep-At-Night Stock Sherwin-Williams Is Ready To Rebound, Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, Rite Aid Could Become An Acquisition Target, Buffett's Berkshire Increases Stake In Occidental Petroleum (OXY). The Houston Chronicle ranked Callon among its Top Workplaces in 2017, 2018, 2019, and again in 2020. Contact :: Callon Petroleum Company (CPE) StockNews.com started coverage on Callon Petroleum in a research note on Thursday, May 18th. If youre interested in joining a growing team where your contributions are recognized, your career growth is accelerated and your work is rewarded with competitive pay and benefits, we invite you to explore opportunities at Callon Petroleum. 10 Reviews 1 Salaries 9 Q&A Interviews Photos Want to work here? 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. Callon Petroleum Company has 5 employees across 4 locations and $3.23 b in annual revenue in FY 2022. Skillful negotiating was the key to success here; few independents had as much experience operating in the Southeast. Everyone is motivated and always giving it their A game., An Equal Opportunity EmployerCallon Petroleum is an Affirmative Action/Equal Opportunity employer and welcomes all qualified applicants. The company was founded in 1950 by Sim C. Callon and John S. Callon, and has been publicly traded since 1994. 126 were here. The firm's quarterly revenue was down 27.9% on a year-over-year basis. Every individual effort makes a difference, and each office plays a part in the success of our company. Principal Competitors: Apache Corporation; COHO Energy, Inc.; Nuevo Energy; Parker & Parsley; Stone Energy. The year of Callon's 50th anniversary started out as another difficult one. On what exchange does Callons stock trade, and what are Callons stock ticker symbols? Nosotros, Yahoo, somos parte de la familia de marcas de Yahoo. Real-time analyst ratings, insider transactions, earnings data, and more. Every year, the Houston Chronicle publishes The Chronicle 100, a series of lists that encompass the breadth of the regional economy. Midland, TX . Callon Petroleum Company Profile (Free Report. 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. Jefferies LLC acted as financial advisor to Callon for the issuance of the 2nd Lien Notes and for the ORRI transaction. 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 acquired its first deepwater leases in the Gulf of Mexico in 1996. Copyright (c) 2022 Company-Histories.com. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Callon Petroleum had a net margin of 46.15% and a return on equity of 27.29%. Prior to those roles, he served as Chief Financial Officer of SunCap Financial and as an investment banker with Credit Suisse. The company had revenue of $560 million for the quarter, compared to analysts' expectations of $535.29 million. in Accounting from Angelo State University. Kevin Haggard joined the Company in May 2021 as Senior Vice President and Chief Financial Officer. Add to a list. Three High-Dividend Yield Stocks For Stable Income And Growth, Mullen: The Back-Handed Slap Of Good News. The company was founded in 1950 and is headquartered in Houston, Texas. Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. Any forward-looking statement speaks only as of the date of which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. She coordinates some of the paper's most popular special sections, including the Chronicle 100, Home Price Survey, and Top Workplaces. 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. The company was founded in 1950 and is headquartered in Houston, Texas. Unusual among its peers, the company was carrying practically no debt after a $30 million public offering of convertible preferred stock in November 1995. The Company is actively working to reduce its carbon footprint and address the risks of climate change. Our corporate goals of meaningful free cash flow generation, absolute debt reduction and returns on capital are reflected in the compensation criteria and provide a direct link between pay and financial performance that will contribute to improving investor returns," said Richard Flury, Chairman of the Board of Directors. , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CALLON PETROLEUM COMPANY ANNOUNCES CHIEF OPERATING OFFICER TRANSITION, Callon Petroleum Company Announces Participation in Upcoming Investor Events, Total gross cash proceeds of approximately, Significant financial position improvements from the monetization of approximately 3.5% of current daily production with a resulting average net revenue interest (8/8ths basis) of over 74% for both our existing producing wells, as well as our undeveloped location inventory, Cash coupon of 9.00%, payable semi-annually, Concurrent issuance of approximately 7.27 million warrants at a strike price equal to the 20-day volume weighted average stock price prior to the closing date to be settled on a net share basis above the strike price if exercised (i.e., no additional common shares issued unless warrants exercised above the strike price with the number of shares issued calculated according to the warrant agreement), ORRI burdened by ad valorem and severance taxes and post-production costs, including gathering, handling, processing, separating, treating, compression, dehydrating, transportation, and marketing costs, Current daily production of approximately 1,600 barrels of oil equivalent (55% oil). In September 1994, Callon Petroleum Holding Company, CCP, and CN Resources were merged into the Callon Petroleum Company, making it a public company again. Our experienced leadership team provides an excellent learning environment, with mentorship opportunities to accelerate professional growth. "Our employees are excited for the new space and for access to all Memorial City has to offer, including outstanding restaurants, a state-of-the-art fitness center, outdoor greenspace, shuttle service to Memorial City Mall and Memorial Hermann Medical Center, and hotel options for our visitors. We also develop people. These statements reflect the Company's current views with respect to future events and performance based on management's experience and anticipated future developments and other factors believed to be appropriate. Terms of Use. In 2019, we expanded our portfolio to over 200,000 net acres in the core of the Permian Basin and Eagle Ford Shale. The company focuses on developing unconventional shale resources in the Permian Basin of West Texas and New Mexico. In 1979, the company organized a new division, Callon Royalty Funds, through which investors could buy landowners' royalties on oil and gas. We see them around but we don't know what goes on behind the scenes. Callon Petroleum Company is headquartered in Houston, Texas. HOUSTON, March 30, 2021 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced the adoption of new environmental, social and governance ("ESG") initiatives, including an updated executive compensation program to better align with investor priorities and new commitments to quantitative greenhouse gas ("GHG") emissions reduction targets. Brian Bowen | LinkedIn Oil & Gas Producer Denbury Etching Cup-With-Handle Base ; Callon Petroleum (NYSE:CPE - Free Report) - Research analysts at Zacks Research dropped their Q3 2023 earnings estimates for shares of Callon Petroleum in a report issued on Tuesday, June 27th.Zacks Research analyst A. Kanoria now anticipates that the oil and natural gas company will post earnings per share of $1.87 for the quarter . More: Eddy County collects $92M in oil and gas taxes during current fiscal year Contact:Mark BrewerDirector of Investor RelationsCallon Petroleum Company[emailprotected](281) 589-5200. About Callon Petroleum. The shares were acquired at an average price of $31.63 per share, with a total value of $632,600.00. Sign up to get PRNs top stories and curated news delivered to your inbox weekly! CALLON PETROLEUM COMPANY : Stock Market News and Information | CE51
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