Recent

% | $
Quotes you view appear here for quick access.

Callon Petroleum Company Message Board

  • jtbc5000 jtbc5000 Aug 6, 2014 5:12 PM Flag

    Step change in production profile in 2015

    Third rig is coming online in Q4...that will create strong growth in production going forward. I have a feeling the markets were hoping for the third rig to come online in Q3...unfortunately, the markets will probably take it down because of this...it will depend on the call tomorrow morning. Results seem to be good overall. They are confirming that they can tap into four different plays. This Permian is the gift that keeps on giving.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I have a feeling the markets were hoping for the third rig to come online in Q3...unfortunately, the markets will probably take it down because of this...

      The market already took the PPS down over 20% in the last 10 trading days. The PPS was already price in for lower earnings and rev. This report is a positive surprise for the PPS going forward . You may see a drop in the PPS for a short time tomorrow as the funds load up buying up shares, but at the end of the day we will be green.

 
CPE
11.47-0.27(-2.30%)May 27 4:02 PMEDT