Callon Petroleum (CPE) to Acquire Properties in Howard County for $327M; Offers Operational Update
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Canaccord Genuity Raises Price Target on Callon Petroleum (CPE) Following Acquisition
September 8, 2016 9:53 AM EDTCanaccord 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 EDTCallon 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
