Callon Petroleum Company announced today that it has priced $650 million aggregate principal amount of its 8.00% senior unsecured notes due 2028 in a private offering that is exempt from registration under the Securities Act of 1933, as amended . The sale of the notes is expected to close on July 6, 2021, subject to customary closing conditions. On June 21, 2021, the Company delivered a redemption notice with respect to [...]
Callon Petroleum Company today announced that, subject to market and other conditions, it intends to offer $650 million aggregate principal amount of senior unsecured notes due 2028 in a private offering that is exempt from registration under the Securities Act of 1933, as amended . The net proceeds from the offering are expected to be used to redeem all $542.7 million of the Company's existing 6.25% Senior Notes due [...]
Callon Petroleum Company today announced that Joe Gatto, President, Chairman, and CEO, will participate in a fireside chat discussion at the RBC Capital Markets Global Energy, Power, and Infrastructure Conference on Tuesday, June 8, 2021 at 3:00pm Central. Mr. Gatto will also participate in a fireside chat discussion at the J.P. Morgan 2021 Energy, Power & Renewables Conference on Wednesday, June 23, 2021 at 7:50am [...]
Callon Petroleum Company today announced that Kevin Haggard has been appointed Senior Vice President and Chief Financial Officer , effective May 17, 2021. Mr. Haggard brings more than 20 years of leadership experience across energy and finance. Most recently, he served as Vice President and Treasurer of Noble Energy, where he directed the company's global corporate finance and treasury operations and maintained [...]
Callon Petroleum Company today announced that senior management plans to participate in the upcoming investor events: Citi 2021 Global Energy and Utilities Virtual Conference The Company will present at the Citi 2021 Global Energy and Utilities Virtual Conference on Wednesday, May 12th, 2021 at 7:40am Central. Goldman Sachs Credit and Leveraged Finance Conference The Company will participate in the Goldman Sachs Credit [...]
Callon Petroleum Company today reported results of operations for the three months ended March 31, 2021. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. First Quarter 2021 and Recent Highlights Delivered production of approximately 81.0 MBoe/d in the first quarter of 2021 Generated [...]
Callon Petroleum Company plans to host a conference call to discuss its first quarter 2021 financial and operating results. Webcast: Date: May 6th, 2021 Time: 8:00 a.m. Central Time Webcast: www.callon.com Select "News and Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to [...]
Callon Petroleum Company today announced the adoption of new environmental, social and governance initiatives, including an updated executive compensation program to better align with investor priorities and new commitments to quantitative greenhouse gas emissions reduction targets. 2021 Compensation Program Highlights A refreshed executive compensation program aligned with sustained delivery of free cash flow, returns [...]
Callon Petroleum Company today announced that, due to personal and health reasons, Senior Vice President and Chief Financial Officer James "Jim" Ulm, II will retire in May 2021. The Company has commenced a search for a successor to Mr. Ulm, who will continue in an advisory role to the Company after his retirement to assist with the transition of the new CFO. "Over the past several years, I have been fortunate to work [...]
Callon Petroleum Company today reported results of operations for the three months and full-year ended December 31, 2020. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. 2020 Highlights Full-year 2020 production of 101.6 MBoe/d , an increase of 146% over 2019 volumes Year-end proved [...]
Callon Petroleum Company plans to host a conference call to discuss its fourth quarter and full year 2020 financial and operating results. Webcast: Date: February 25, 2021 Time: 8:00 a.m. Central Time Webcast: www.callon.com Select "News and Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The [...]
Callon Petroleum Company today announced that the counterparties to the privately negotiated debt exchange announced on November 2nd have agreed to exercise substantially all of the remaining capacity under the negotiated agreement. Under the terms of the upsized transaction, the Company will now exchange a total of $389 million of principal of the Company's existing unsecured senior notes for $217 million aggregate [...]