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Tag Archives: Callon Petroleum

Analysis: Cal-Maine ranks at top of public firms in state

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By JACK WEATHERLY  Cal-Maine Foods is the top-ranking public company based in Mississippi, according to an analysis by SmartAsset.com The nation’s largest producer of in-shell eggs registered a 19.82 percent average annual return from 2010 through March 31 of this year, SmartAsset reported. It’s return was actually not as high as Callon Petroleum’s 33.07 percent, but its stock performance index ...

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Callon calls Lone Star's actions 'ill-advised and self-serving'

NATCHEZ — Callon Petroleum Company has issued the following statement concerning recent demands made by Lone Star Value Management, LLC (“Lone Star”): “Lone Star’s demands appear both ill-advised and self-serving. By advocating for a sale now, Lone Star seems to be focused on realizing a quick trading profit, which would be contrary to the interests of the Company’s longer-term investors. In addition, ...

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Switch to natural gas a winner for Callon

One-fifth of production to come from onshore drilling by year’s end Callon Petroleum’s plan to reinvest revenue generated by its offshore drilling operations into onshore drilling operations has proven to be wise decision. Fred Callon, Callon’s chairman and CEO, said in a third quarter earnings conference call with analysts last week that onshore drilling represented 16 percent of the company’s ...

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