trending Market Intelligence /marketintelligence/en/news-insights/trending/rAnMyNNSLCotw9xK5ZSLDQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Callon Petroleum Q2 adjusted results match Street estimates

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions

In the Battle for Market Share, Analysts See Downturn Boosting Renewable Energy

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry


Callon Petroleum Q2 adjusted results match Street estimates

Callon Petroleum Co. on Aug. 6 reported a second-quarter adjusted income of $41.3 million, or 18 cents per share, down from the adjusted income of $44.5 million, or 21 cents per share, posted for the same period in 2018.

The S&P Global Market Intelligence consensus normalized earnings estimate for the quarter was 18 cents per share.

The company's GAAP net income came in at $55.2 million, compared to the $50.5 million seen a year ago.

Total operating revenues were pegged at $167.1 million, up from the $137.1 million posted during the second quarter of 2018.

Average production for the quarter came in at 40,516 barrels of oil equivalent per day, up from the 28,954 boe/d seen a year ago. However, average realized prices, including the impact of settled derivatives, sank with $44.99/boe posted for the quarter compared to the $48.99/boe seen during the second quarter of 2018.

The firm also highlighted its ongoing acquisition of Carrizo Oil & Gas Inc. in an all-stock transaction valued at $3.2 billion.