Callon Petroleum Company Announces Howard County Acquisition and Operational Update

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Go back to Callon Petroleum Company Announces Howard County Acquisition and Operational Update

Canaccord Genuity Raises Price Target on Callon Petroleum (CPE) Following Acquisition

September 8, 2016 9:53 AM EDT

Canaccord Genuity reiterated a Buy rating on Callon Petroleum (NYSE: CPE), and raised the price target to $18.00 (from $15.00), following the company's acquisition of 5.7K net acres in northwest Howard.

Analyst Sam Burwell commented, "CPE is acquiring 5.7K net acres in northwest Howard, thus... More

Callon Petroleum (CPE) to Offer 23M Shares of Common Stock

September 6, 2016 4:21 PM EDT

Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that it has commenced, subject to market and other conditions, an underwritten public offering of 23,000,000 shares of its common stock by the Company. The Company expects to grant the underwriters an option to purchase up to an additional 3,450,000 shares of common stock from the Company. Proceeds from the offering are... More