Callon Petroleum Company (CPE) Financials

NYSE:CPE

Market Cap

2.59B

Total Revenue

3.23B

Gross Profit

1.74B

Operating Income

1.68B

Net Income

1.21B

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	102,569,000	151,862,000	137,512,000	200,851,000	366,474,000	587,624,000	671,572,000	1,033,147,000	2,045,030,000	3,230,964,000
costOfRevenue	67,879,000	88,069,000	106,078,000	121,592,000	188,017,000	286,844,000	375,120,000	866,445,000	941,915,000	1,492,270,000
grossProfit	34,690,000	63,793,000	31,434,000	79,259,000	178,457,000	300,780,000	296,452,000	166,702,000	1,103,115,000	1,738,694,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	20,534,000	25,109,000	28,347,000	26,317,000	33,418,000	35,293,000	48,355,000	37,187,000	50,483,000	57,393,000
sellingGeneralAndAdministrativeExpenses	20,534,000	25,109,000	28,347,000	26,317,000	33,418,000	35,293,000	48,355,000	37,187,000	50,483,000	57,393,000
operatingExpenses	22,319,000	25,935,000	29,007,000	27,275,000	34,095,000	36,167,000	49,431,000	47,831,000	53,849,000	57,393,000
operatingIncome	10,664,000	38,270,000	-209,110,000	-47,477,000	141,446,000	259,530,000	247,489,000	115,888,000	1,034,977,000	1,680,532,000
totalOtherIncomeExpensesNet	1,114,000	32,814,000	-182,981,000	-131,940,000	-20,506,000	46,357,000	-144,260,000	-2,527,455,000	-669,646,000	-458,923,000
ebitda	58,249,000	96,387,000	72,516,000	125,693,000	263,724,000	452,240,000	493,425,000	596,519,000	1,401,528,000	2,145,173,000
depreciationAndAmortization	45,393,000	58,014,000	69,891,000	73,072,000	118,051,000	184,731,000	245,936,000	480,631,000	366,551,000	464,641,000
interestIncome	--	--	--	--	--	--	--	--	--	--
interestExpense	6,094,000	9,772,000	21,111,000	11,871,000	2,159,000	2,500,000	2,907,000	94,329,000	102,012,000	79,667,000
incomeBeforeTax	7,391,000	60,900,000	-201,665,000	-91,827,000	121,697,000	308,470,000	103,229,000	-2,411,567,000	365,331,000	1,221,609,000
incomeTaxExpense	3,104,000	23,134,000	38,474,000	-14,000	1,273,000	8,110,000	35,301,000	122,054,000	180,000	11,793,000
netIncome	4,304,000	37,766,000	-240,139,000	-91,813,000	120,424,000	300,360,000	67,928,000	-2,533,621,000	365,151,000	1,209,816,000
eps	-0.1	6.7	-36.55	-7.27	5.6	13.84	2.39	-63.79	7.51	19.63
epsdiluted	-0.1	6.5	-36.55	-7.27	5.6	13.8	2.38	-63.79	7.26	19.54
weightedAverageShsOut	4,013,300	4,484,800	6,570,800	12,625,800	20,152,600	21,703,000	23,313,000	39,718,000	48,612,000	61,620,000
weightedAverageShsOutDil	4,013,300	4,596,100	6,570,800	12,625,800	20,210,200	21,773,000	23,340,000	39,718,000	50,311,000	61,904,000
costAndExpenses	90,198,000	114,004,000	135,085,000	148,867,000	222,112,000	323,011,000	424,551,000	914,276,000	995,764,000	1,549,663,000
otherExpenses	485,000	515,000	198,000	637,000	1,311,000	2,896,000	1,076,000	10,644,000	3,366,000	-2,645,000

Key Facts

Industry

Oil & Gas E&P

Sector

Energy

Headquarters

Houston, TX, US

Website

callon.com

CEO

Mr. Joseph C. Gatto Jr.

Employees

354

About the Company

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. As of December 31, 2021, its estimated net proved reserves totaled approximately 484.6 million barrel of oil equivalent, including 290.3 MMBbls oil, 577.3 Bcf of natural gas, and 98.1 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.