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NATCHEZ, Miss. (AP) _ Callon Petroleum Co. (CPE) on Wednesday reported fourth-quarter profit of $17 million.
The Natchez, Mississippi-based company said it had profit of 38 cents per share. Earnings, adjusted for non-recurring gains, came to 5 cents per share.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The independent oil and gas company posted revenue of $38.4 million in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $46 million.
For the year, the company reported net income of $37.8 million, or 65 cents per share, swinging to a profit in the period. Revenue was reported as $151.9 million.
Callon shares have increased 37 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.45, a climb of nearly 7 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPE at http://www.zacks.com/ap/CPE
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Keywords: Callon Petroleum, Earnings Report
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Callon Petroleum Company
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CODE : CPE |
ISIN : US13123X1028 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Callon Petroleum est une société développant des projet miniers de pétrole basée au Canada. Callon Petroleum est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 7,2 milliards US$ (6,7 milliards €). La valeur de son action a atteint son plus bas niveau récent le 13 mars 2020 à 0,38 US$, et son plus haut niveau récent le 28 mars 2024 à 35,76 US$. Callon Petroleum possède 201 939 430 actions en circulation. |