Callon Petroleum Company Announces Third Quarter 2015 Results and Optimized Operational Plan
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Callon Petroleum (CPE) Delivers 3Q EPS Beat; FBR Capital Reiterates Outperform
November 5, 2015 2:44 PM ESTFBR Capital reiterated an Outperform rating on Callon Petroleum (NYSE: CPE), and raised the price target to $12.00 (from $11.00), following the company's 3Q earnings report. Adjusted EPS of $0.05 topped consensus of $0.03. Better-than-expected operating expenses essentially offset a slight production shortfall.
Analyst Chad Mabry commented,... More
