Private company
Callon Petroleum Co
Callon Petroleum Co is an American crude petroleum and natural gas company based in Houston.2
Last updated Oct 21, 2026.
Overview
- IndustryCrude Petroleum & Natural Gas2
- HeadquartersHouston, United States2
- Incorporated inDE3
- Business address2000 W Sam Houston Parkway S, Suite 2000, Houston, Tx 770423
- Filer categoryLarge accelerated filer3
- Legal formCorporation2
- LEI549300EFOWPEB0WLZW212
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 23900032
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Other costs67¢$1.6B
- Interest8¢$179.3M
- Income tax8¢$189.8M
- Profit17¢$401.2M
Out of $2.3B in revenue.5
Where each dollar of operating cash went, fiscal 2023
- Share buybacks5¢$55.5M
- Kept or used elsewhere95¢$1.0B
Out of $1.1B of cash from operations.5
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $366.5M6 | $587.6M7 | $671.6M8 | $1.0B9 | $2.0B5 | $3.2B5 | $2.3B5 |
| Operating expenses | $1.1B5 | $1.6B5 | $2.0B5 | ||||
| Operating income | $141.4M6 | $259.5M7 | $172.7M8 | -$2.4B9 | $906.4M5 | $1.6B5 | $363.9M5 |
| Interest | $2.2M6 | $2.5M7 | $2.9M8 | $94.3M9 | $201.7M5 | $187.8M5 | $179.3M5 |
| Income before tax | $133.7M5 | $1.0B5 | $211.4M5 | ||||
| Income tax | $1.3M6 | $8.1M7 | $35.3M8 | $122.1M9 | $180.0K5 | $13.8M5 | -$189.8M5 |
| Net income | $120.4M6 | $300.4M7 | $67.9M8 | -$2.5B9 | $133.6M5 | $1.0B5 | $401.2M5 |
| Earnings per share | $0.566 | $13.507 | $2.398 | -$63.799 | $2.755 | $16.545 | $6.205 |
| Earnings per share (diluted) | $0.566 | $13.467 | $2.388 | -$63.799 | $2.655 | $16.475 | $6.195 |
| Shares (weighted, basic) | 48.6M shares5 | 61.6M shares5 | 64.7M shares5 | ||||
| Shares (weighted, diluted) | 50.3M shares5 | 61.9M shares5 | 64.9M shares5 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $28.0M12 | $16.1M6 | $13.3M7 | $20.2M8 | $9.9M9 | $3.4M5 | $3.3M5 |
| Receivables | $232.4M9 | $237.1M5 | $206.8M5 | ||||
| Current assets | $144.9M12 | $222.6M6 | $268.7M7 | $178.4M8 | $295.4M9 | $297.6M5 | $252.1M5 |
| Property, plant and equipment | $5.2B9 | $6.1B5 | $6.2B5 | ||||
| Total assets | $2.7B12 | $4.0B6 | $7.2B7 | $4.4B8 | $5.5B9 | $6.5B5 | $6.7B5 |
| Current liabilities | $205.8M12 | $314.9M6 | $652.2M7 | $497.1M8 | $872.5M9 | $702.8M5 | $647.0M5 |
| Long-term debt | $620.2M12 | $1.2B6 | $3.2B7 | $3.0B8 | $2.7B9 | $2.2B5 | $1.9B5 |
| Total liabilities | $837.3M12 | $1.5B6 | $4.0B7 | $3.7B8 | $3.7B9 | $3.1B5 | $2.7B5 |
| Retained earnings | -$2.1B9 | -$597.0M5 | -$195.8M5 | ||||
| Shareholders’ equity | $1.9B7 | $2.4B8 | $3.2B9 | $711.0M5 | $2.4B5 | $3.4B5 | $4.0B5 |
| Shares outstanding | 201.8M shares12 | 227.6M shares6 | 39.7M shares7 | 39.8M shares8 | 61.4M shares9 | 61.6M shares5 | 66.5M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $229.9M6 | $467.7M7 | $476.3M8 | $559.8M9 | $849.7M5 | $1.4B5 | $1.1B5 |
| Depreciation and amortization | $388.6M5 | $494.2M5 | $535.7M5 | ||||
| Stock-based compensation | $25.9M5 | $8.0M5 | $11.4M5 | ||||
| Capital spending | $419.8M6 | $611.2M7 | $640.5M7 | $677.2M7 | |||
| Free cash flow | -$189.9M | -$143.5M | -$164.2M | -$117.4M | |||
| Cash from investing | -$752.0M5 | -$853.2M5 | -$707.3M5 | ||||
| Share buybacks | $05 | $05 | $55.5M5 | ||||
| Cash from financing | -$108.1M5 | -$509.0M5 | -$385.3M5 |
Corporate structure
Callon Petroleum Co sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Callon Petroleum Co
- DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on Callon Petroleum Co, latest Oct 31, 2024 (2 filings since Feb 9, 2024)
- BlackRock Filed SC 13G/A on Callon Petroleum Co, latest Apr 5, 2024 (5 filings since Feb 7, 2022)
- BPP HoldCo LLC Filed SC 13D/A on Callon Petroleum Co, latest Apr 3, 2024 (2 filings since Jan 25, 2023)
- VANGUARD GROUP INC Filed SC 13G/A on Callon Petroleum Co, latest Mar 11, 2024 (5 filings since Feb 9, 2022)
- State Street Corporation Filed SC 13G/A on Callon Petroleum Co, latest Jan 25, 2024 (2 filings since Feb 2, 2023)
- Percussion Petroleum Management II, LLC Filed SC 13G on Callon Petroleum Co, latest Jul 13, 2023
- Kimmeridge Energy Management Company, LLC Filed SC 13G/A on Callon Petroleum Co, latest Dec 12, 2022 (3 filings since Nov 5, 2021)
- Blackstone Holdings III L.P. Filed SC 13D/A on Callon Petroleum Co, latest Nov 15, 2022 (7 filings since Oct 12, 2021)
- JB Investments Management, LLC Filed SC 13G/A on Callon Petroleum Co, latest Feb 14, 2022
- Callon Petroleum Co Houston, Texas, United States
- Callon (Permian) LLC Subsidiary · Delaware, United States
- Callon Permian II, LLC Subsidiary · Delaware, United States
- Callon Petroleum Operating Company Subsidiary · Delaware, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Callon Petroleum Co reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $14.2M5 Dec 31, 2023 | $14.4M5 Dec 31, 2022 | −1.1% |
| Property and equipment, net | $6.2B5 Dec 31, 2023 | $6.1B5 Dec 31, 2022 | +1.2% |
| Operating-lease assets (leased space) | $59.3M5 Dec 31, 2023 | $47.0M5 Dec 31, 2022 | +26.1% |
Investments
Leadership
Who has led Callon Petroleum Co, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerJoseph C. Gatto Jr. Jul 13, 2017 to Apr 1, 202413
- Chief executive officerFred L. Callon Mar 23, 2006 to May 15, 201714
- ChairFred L. Callon Mar 23, 2006 to Jan 4, 201714
- PresidentJoseph C. Gatto Jr. Aug 25, 2016 to Apr 1, 202415
- PresidentRodger W. Smith Jr. Apr 22, 2008 to May 17, 201316
- PresidentThomas E. Schwager Jan 3, 2006 to Apr 27, 200917
- PresidentFred L. Callon Mar 23, 2006 to May 17, 201614
- PresidentStephen F. Woodcock Mar 23, 2006 to Aug 23, 201218
- Chief financial officerKevin Haggard May 17, 2021 to Apr 1, 202419
- Chief financial officerCorrene S. Loeffler Jun 29, 2017 to Jul 10, 201720
- Chief financial officerJames P. Ulm Ii. Dec 21, 2017 to Apr 12, 202121
- Chief financial officerJoseph C. Gatto Jr. May 14, 2014 to May 15, 201722
- Chief financial officerB. F. Weatherly Nov 20, 2006 to Jan 3, 201423
- Chief operating officerRussell E. Parker Jun 29, 2023 to Apr 1, 202424
- Chief operating officerJeffrey S. Balmer Dec 11, 2018 to Apr 4, 202325
- Chief operating officerGary Newberry Aug 25, 2016 to May 16, 201826
- Chief operating officerSteven B. Hinchman Jun 1, 2009 to Oct 4, 201027
Board members and other officers (30)
- SVP,Chief Sustain Officer & GCMichol L. Ecklund Mar 6, 2024 to Apr 1, 202428
- Vice President & CAOGregory F. Conaway Dec 20, 2019 to Apr 1, 202429
- TreasurerCorrene S. Loeffler Mar 5, 2018 to Jun 4, 201930
- Vice President of LandJerry A. Weant May 21, 2015 to Apr 2, 201931
- Executive VP / CAO / Corp.Sec.B. F. Weatherly May 14, 2014 to Feb 17, 201532
- VP - EXPLORATIONJohn G. Weihe May 28, 2013 to Feb 5, 201533
- SR VP - Corporate FinanceJoseph C. Gatto Jr. Apr 5, 2012 to Jul 2, 201334
- VP/General Mgr - PermianVincent Borrello Apr 5, 2011 to May 17, 201335
- VP - Prod and DevelopmentGary Newberry Apr 5, 2010 to May 17, 201636
- ControllerMitzi P. Conn May 9, 2007 to Aug 26, 201937
- Corporate Information OfficerClark H. Smith Mar 23, 2006 to May 17, 201338
- Corporate SecretaryRobert A. Mayfield Mar 23, 2006 to May 19, 201139
- Controller/TreasurerRodger W. Smith Jr. Mar 23, 2006 to Sep 13, 200740
- Board memberJames E. Craddock Apr 28, 2023 to Apr 1, 202441
- Board memberMary Shafer-Malicki Jan 3, 2022 to Apr 1, 202442
- Board memberFrances Aldrich Sevilla-Sacasa Dec 20, 2019 to Apr 1, 202443
- Board memberS. P. Johnson Iv. Dec 20, 2019 to Jan 3, 202244
- Board memberBarbara J. Faulkenberry May 14, 2018 to Apr 1, 202445
- Board memberJoseph C. Gatto Jr. May 14, 2018 to Apr 1, 202446
- Board memberFred L. Callon May 15, 2017 to May 15, 201747
- Board memberMichael L. Finch May 21, 2015 to May 26, 202248
- Board memberJames M. Trimble Mar 24, 2014 to May 26, 202249
- Board memberMatthew Regis Bob Mar 24, 2014 to Apr 1, 202450
- Board memberAnthony J. Nocchiero May 12, 2011 to Apr 1, 202451
- Board memberLarry D. McVay Oct 18, 2007 to May 16, 202252
- Board memberB. F. Weatherly Mar 17, 2006 to Jan 3, 201453
- Board memberRichard O. Wilson Mar 21, 2006 to May 9, 201154
- Board memberJohn C. Wallace Mar 23, 2006 to May 14, 201855
- Board memberL. Richard Flury Jul 17, 2006 to May 26, 202256
- General counselMichol L. Ecklund Nov 8, 2017 to Oct 3, 202357
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Callon (Permian) LLC Delaware4
- Callon Permian II, LLC Delaware4
- Callon Petroleum Operating Company Delaware4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Apr 1, 20248-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer58
- Mar 27, 20248-K Shareholder vote59
- Mar 15, 20248-K Other events60
- Feb 26, 20248-K Results of operations; Regulation FD disclosure61
- Feb 23, 20248-K Other events62
- Jan 4, 20248-K Entered a material agreement; Other events63
- Nov 1, 20238-K Results of operations; Regulation FD disclosure64
- Oct 10, 20238-K Results of operations65
- Aug 2, 20238-K Results of operations; Regulation FD disclosure66
- Aug 2, 20238-K Ended a material agreement67
- Jul 11, 20238-K Results of operations68
- Jul 11, 20238-K Executive or director change69
- Jul 13, 2017New chief executive Joseph C. Gatto Jr. becomes CEO13
- Mar 23, 2006New chief executive Fred L. Callon becomes CEO14
- Mar 29, 1994Founded Callon Petroleum Co is founded2
Calendar
When it reported results
- Feb 26, 2024Reported quarterly or annual results61
- Nov 1, 2023Reported quarterly or annual results64
- Oct 10, 2023Reported quarterly or annual results65
- Aug 2, 2023Reported quarterly or annual results66
- Jul 11, 2023Reported quarterly or annual results68
- May 3, 2023Reported quarterly or annual results70
- Feb 22, 2023Reported quarterly or annual results71
- Nov 2, 2022Reported quarterly or annual results72
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
248 filings to the SEC since October 2021: 4 annual reports, 7 quarterly reports, 39 major events, 121 insider forms, 28 large holders, 49 other. The latest 20:
- Oct 31, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
- Apr 11, 202415-12G EDGAR
- Apr 8, 2024EFFECT EDGAR
- Apr 5, 2024SC 13G/A EDGAR
- Apr 3, 2024SC 13D/A EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024POS AM EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024POSASR EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024S-8 POS EDGAR
- Apr 1, 2024POSASR EDGAR
- Apr 1, 2024S-8 POS EDGAR
The 248 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
49 open-market trades by officers, directors and large owners since October 2021: 6 buys and 43 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 31, 2023 | WEBSTER STEVEN ADirector | Buy | 7,384 | $30.50 | $225.2K | Form 4 |
| May 12, 2023 | WEBSTER STEVEN ADirector | Buy | 10,000 | $30.25 | $302.5K | Form 4 |
| May 11, 2023 | WEBSTER STEVEN ADirector | Buy | 10,000 | $30.24 | $302.4K | Form 4 |
| May 10, 2023 | WEBSTER STEVEN ADirector | Buy | 20,000 | $30.66 | $613.2K | Form 4 |
| May 9, 2023 | WEBSTER STEVEN ADirector | Buy | 20,000 | $31.63 | $632.6K | Form 4 |
| Feb 27, 2023 | Faulkenberry Barbara JDirector | Buy | 250 | $39.18 | $9.8K | Form 4 |
| Jun 1, 2022 | Kimmeridge Energy Management Company, LLC10% owner | Sale | 6,500,000 | $56.65 | $368.2M | Form 4 |
| Apr 18, 2022 | Blackstone Holdings III L.P. | Sale | 200,000 | $62.00 | $12.4M | Form 4 |
| Apr 18, 2022 | BPP HoldCo LLC | Sale | 200,000 | $62.00 | $12.4M | Form 4 |
| Apr 14, 2022 | Blackstone Holdings III GP L.P.10% owner | Sale | 193,099 | $61.60 | $11.9M | Form 4 |
| Apr 14, 2022 | BCP VII/BEP II Holdings Manager L.L.C. | Sale | 193,099 | $61.60 | $11.9M | Form 4 |
| Apr 13, 2022 | Blackstone Group Management L.L.C.10% owner | Sale | 152,375 | $61.39 | $9.4M | Form 4 |
| Apr 13, 2022 | Blackstone Management Associates VII L.L.C. | Sale | 152,375 | $61.39 | $9.4M | Form 4 |
| Apr 12, 2022 | Blackstone Group Management L.L.C.10% owner | Sale | 97,625 | $62.53 | $6.1M | Form 4 |
| Apr 12, 2022 | Blackstone Management Associates VII L.L.C. | Sale | 97,625 | $62.53 | $6.1M | Form 4 |
| Apr 8, 2022 | Blackstone Group Management L.L.C.10% owner | Sale | 209,511 | $62.11 | $13.0M | Form 4 |
| Apr 8, 2022 | BCP VII/BEP II Holdings Manager L.L.C. | Sale | 209,511 | $62.11 | $13.0M | Form 4 |
| Apr 7, 2022 | Blackstone Group Management L.L.C.10% owner | Sale | 13,353 | $61.54 | $821.8K | Form 4 |
| Apr 7, 2022 | BCP VII/BEP II Holdings Manager L.L.C. | Sale | 13,353 | $61.54 | $821.8K | Form 4 |
| Apr 6, 2022 | Blackstone Group Management L.L.C.10% owner | Sale | 300 | $62.00 | $18.6K | Form 4 |
All 49 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 2 filings Feb 9, 2024 to Oct 31, 202473
- BlackRockSC 13G/A, 5 filings Feb 7, 2022 to Apr 5, 202474
- BPP HoldCo LLCSC 13D/A, 2 filings Jan 25, 2023 to Apr 3, 202475
- VANGUARD GROUP INCSC 13G/A, 5 filings Feb 9, 2022 to Mar 11, 202476
- State Street CorporationSC 13G/A, 2 filings Feb 2, 2023 to Jan 25, 202477
- Percussion Petroleum Management II, LLCSC 13G, 1 filing Jul 13, 202378
- Kimmeridge Energy Management Company, LLCSC 13G/A, 3 filings Nov 5, 2021 to Dec 12, 202279
- Blackstone Holdings III L.P.SC 13D/A, 7 filings Oct 12, 2021 to Nov 15, 202280
- JB Investments Management, LLCSC 13G/A, 1 filing Feb 14, 202281
SEC filer profile
How Callon Petroleum Co is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCallon Petroleum Co1
- CIK0000928022
- Employer ID (EIN)64-08443451
- Filer statusLarge accelerated filer1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)1311 Crude Petroleum & Natural Gas1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address2000 W Sam Houston Parkway S, Suite 2000, Houston, TX 770421
- Phone28158952001
- Shares outstanding66,508,277 as of Feb 16, 202482
- Public float$2.1B as of Jun 30, 202382
- On EDGAR sinceFeb 14, 19961
- Filings1,845 in all: 4 (828), 8-K (343), SC 13G/A (91), 10-Q (84), 425 (66), SC 13G (52), DEF 14A (34), 3 (26)1
All 60 form types
10-K (25), SC 13D/A (23), DEFA14A (22), 11-K (21), 424B5 (20), 8-K/A (18), S-8 POS (18), 4/A (17), CORRESP (17), UPLOAD (15), S-8 (14), 424B3 (10), EFFECT (9), PRE 14A (9), S-4 (6), 8-A12B (5), S-3 (5), S-3ASR (5), S-4/A (5), SC 13D (5), 10-K/A (3), 10-K405 (3), 25 (3), FWP (3), S-2/A (3), 144 (2), 25-NSE (2), 424B1 (2), 424B2 (2), 424B7 (2), DFAN14A (2), POSASR (2), S-1/A (2), S-2 (2), S-3/A (2), 10-Q/A (1), 15-12G (1), 3/A (1), 424A (1), 424B4 (1), 5 (1), ARS (1), CERTNYS (1), DEFM14A (1), DEFR14A (1), DEL AM (1), NT 10-K (1), POS AM (1), S-1 (1), S-3MEF (1), T-3 (1), T-3/A (1)
- Latest filingsAnnual report (10-K) Feb 26, 2024
Quarterly report (10-Q) Nov 1, 2023
Proxy statement (DEF 14A) Mar 13, 2023
Latest 8-K (8-K) Apr 1, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 10
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- 15SEC EDGARJoseph C. Gatto Jr., President
- 16SEC EDGARRodger W. Smith Jr., President
- 17SEC EDGARThomas E. Schwager, President
- 18SEC EDGARStephen F. Woodcock, President
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30SEC EDGARCorrene S. Loeffler, Treasurer
- 31
- 32
- 33SEC EDGARJohn G. Weihe, VP - EXPLORATION
- 34
- 35
- 36
- 37SEC EDGARMitzi P. Conn, Controller
- 38
- 39
- 40
- 41SEC EDGARJames E. Craddock, Board member
- 42SEC EDGARMary Shafer-Malicki, Board member
- 43
- 44SEC EDGARS. P. Johnson Iv., Board member
- 45
- 46SEC EDGARJoseph C. Gatto Jr., Board member
- 47SEC EDGARFred L. Callon, Board member
- 48SEC EDGARMichael L. Finch, Board member
- 49SEC EDGARJames M. Trimble, Board member
- 50SEC EDGARMatthew Regis Bob, Board member
- 51SEC EDGARAnthony J. Nocchiero, Board member
- 52SEC EDGARLarry D. McVay, Board member
- 53SEC EDGARB. F. Weatherly, Board member
- 54SEC EDGARRichard O. Wilson, Board member
- 55SEC EDGARJohn C. Wallace, Board member
- 56SEC EDGARL. Richard Flury, Board member
- 57SEC EDGARMichol L. Ecklund, General counsel
- 58
- 59SEC EDGARShareholder vote
- 60SEC EDGAROther events
- 61
- 62SEC EDGAROther events
- 63
- 64
- 65SEC EDGARResults of operations
- 66
- 67SEC EDGAREnded a material agreement
- 68SEC EDGARResults of operations
- 69SEC EDGARExecutive or director change
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