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Callon Petroleum Company (CPE)

Callon Petroleum Company (CPE)
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Callon Petroleum Company is solely focused on exploration and production of oil and gas resources in the Permian Basin. Among the three major sub basins of Permian - Midland Basin, Delaware Basin and Central Basin Platform, Callon Petroleum has strong footprint in the'Midland'and'Delaware'Basins. The company made various acquisitions to expand its footprint in the Delaware Basin. Callon agreed to divest certain non-core assets in the Midland Basin. The assets include Ranger operating area in the southern Midland Basin, which comprises net Wolfcamp acreage.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022
Sales 601,360 619,300 562,280 560,050 704,250
Sales Growth -2.90% +10.14% +0.40% -20.48% -15.75%
Net Income 168,980 119,480 -107,900 220,640 272,470
Net Income Growth +41.43% +210.73% -148.90% -19.02% -50.42%
(Values in U.S. Thousands) Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022
Total Assets 6,711,480 6,728,520 6,565,560 6,651,670 6,146,080
Total Assets Growth -0.25% +2.48% -1.29% +8.23% +0.76%
Total Liabilities 2,720,120 2,867,470 3,022,890 3,001,910 3,060,660
Total Liabilities Growth -5.14% -5.14% +0.70% -1.92% -7.00%
(Values in U.S. Thousands) Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022
Operating Cash Flow 1,092,530 794,260 527,440 247,910 1,501,520
Operating Cash Flow Growth +37.55% +50.59% +112.75% -83.49% +33.01%
Net Cash Flow -70 60 260 -30 -6,490
Change in Net Cash Flow -216.67% -76.92% +966.70% +99.54% -17.36%
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