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Stock impact report

Callon Petroleum Company Announces First Quarter 2022 Results

Callon Petroleum Company (CPE) 
Last callon petroleum company earnings: 2/26 05:35 pm Check Earnings Report
US:NYSE Investor Relations: ir.callon.com
Company Research Source: PR Newswire
HOUSTON, May 4, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today reported results of operations for the three months ended March 31, 2022.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 2022 and Recent HighlightsDelivered production of approximately 102.7 MBoe/d (63% oil) in the first quarter of 2022Placed two co-development projects on production in the Delaware South area with performance exceeding expectationsIncreased drilled, uncompleted well count to 42 wells at quarter endGenerated net cash provided by operating activities of $281.3 million and adjusted free cash flow of $183.3 millionReported net income of $39.7 million, or $0.64 per diluted share, adjusted EBITDA of $393.7 million, and adjusted income of $212.7 million, or $3.43 per diluted shareReduced lease operating expense and Show less Read more
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