Callon again listed on NYSE
Published: April 27,2010
NATCHEZ — Callon Petroleum Company has received notice from the New York Stock Exchange (NYSE) that the company has regained full compliance with the Exchange’s continued listing standards.
On March 20, 2009, Callon announced that it had received notice from the NYSE that due to the decline in its stock price and market capitalization, the company was “below criteria” for listing on the NYSE.
“We are very pleased that we were able to regain compliance approximately five months ahead of our plan,” Fred Callon, chairman and CEO. “The increase in shareholder value is the result of our significantly improved balance sheet and our recent acquisitions and announced drilling activity in the Permian Basin.”
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- JOSH MABUS: Bill Murray and business misfits
- The Dan Jones-IHL saga: Is this the story that started it all?
- DAVID DALLAS — From Dan and Dixie with love
- Email from Nash to Delta Council’s Morgan included in DHA court file
- Dan Jones rejects IHL offer, won't publicly apologize
- Suit against Kemper employee Brett Wingo is dismissed
- Delta Health Alliance CEO Karen Fox under investigation for possible misuse of funds
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- BREAKING NEWS: Trustees offer new deal to Ole Miss chancellor Dan Jones