Home » Tag Archives: Callon Petroleum

Tag Archives: Callon Petroleum

Callon Petroleum says it plans to relocate its official HQ

Callon Petroleum says it’ll move its official headquarters to Houston, but that dozens of employees based in a Mississippi city would remain rooted there.The company announced Tuesday that the more than three-dozen Natchez-based Callon employees would stay firmly rooted in the city. Callon CEO Joe Gatto tells the Natchez Democrat that the decision to officially move the corporate headquarters provides ...

Read More »

Callon Petroleum announces appointments of Gatto, Flury following death of Fred Callon

Callon Petroleum Co. has appointed Joseph Gatto Jr. as chief executive officer and L. Richard Flury as non-executive chairman, succeeding Fred Callon, former chief executive officer and chairman, following his unexpected death on May 24. Gatto will continue performing his duties as president and chief financial officer. The remainder of the company’s leadership team will continue in their present roles. ...

Read More »

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

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 ...

Read More »

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, ...

Read More »

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 ...

Read More »