Company Information

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Address: 200 N CANAL ST  
City: NATCHEZ 
State: MS 
Zip Code: 39120 
Telephone: 601-442-1601 


Description of Business


Primary SIC Code: 1311
(As filed with the SEC)  

Callon Petroleum Company has been engaged in the exploration, development, acquisition and production of oil and gas properties since 1950. The Company was incorporated under the laws of the state of Delaware in 1994 and succeeded to the business of a publicly traded limited partnership, a joint venture with a consortium of European investors and an independent energy company partially owned by a member of current management. As used herein, the "Company," "Callon," "we," "us," and "our" refer to Callon Petroleum Company and its predecessors and subsidiaries unless the context requires otherwise. Callon Petroleum Company is engaged in the development, production, exploration and acquisition of oil and gas properties. In late 2008, our management shifted our operational focus from exploration in the Gulf of Mexico to the acquisition and development of onshore properties located in the Wolfberry play of the Permian Basin in Texas and the Haynesville Shale area in Louisiana.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20110.87NA4.45
06/20110.72NA9.75
03/20110.27NA28.78
12/20100.28NA21.14
09/20102.69NA1.84
06/20102.59NA2.43
03/20102.47NA2.17
12/20092.45NA0.61

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2010 Leverage 2010
Net Inc/Comm Equity0.03Total Liab/Total Assets0.93
Net Inc/Total Assets0.04Total Liab/Inv Cap1.03
Net Inc/Inv Cap0.04Total Liab/Comm Equity0.82
Pretax Inc/Net Sales0.09Interest Coverage Ratio1.58
Net Inc/Net Sales0.09Curr Debt/Equity0.06
Cash Flow/Net Sales1.11LTD/Equity8.73
SG&A/NetSales0.18Total Debt/Equity8.79
Asset Utilization   Liquidity  
Net Receivables Turnover2.16Quick Ratio1.41
Inventory TurnoverNACurrent Ratio1.41
Inventory Day SalesNANet Rec/Curr Assets0.35
Net Sales/Work Cap10.12Inv/Curr AssetsNA
Net Sales/PP&E0.52  

Income Statement (Millions)

  9/30/2011 6/30/2011 3/31/2011 12/31/2010
Total Revenues(Net Sales) 33.55 36.83 25.45 24.44
Cost of Goods Sold 5.98 5.30 5.05 4.71
Selling & Admin Exps 3.46 3.80 4.22 4.42
Operating Income 10.52 14.20 5.79 4.02
Interest Exp 2.72 2.70 3.49 3.39
Pretax Income 8.19 15.62 4.07 0.48
Other Income 0.39 4.11 1.77 -0.15
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 8.40 19.88 4.16 0.73

Balance Sheet (Millions)

Assets 9/30/2011 6/30/2011 3/31/2011 12/31/2010
Cash & Short Term Investments 48.23 52.02 54.48 17.44
Receivables - Total 15.79 19.02 10.42 10.73
Inventories - Total NA NA NA NA
Total Current Assets 74.10 74.36 66.15 30.34
Net Property, Plant & Equipment 211.66 197.59 180.29 172.24
Total Assets 302.82 288.79 261.75 218.33
Liabilities        
Accounts Payable 24.34 25.07 19.73 17.70
Debt in Current Liabilities 0.00 0.60 2.94 0.94
Total Current Liabilities 25.71 27.21 25.07 21.46
Long-Term Debt 106.96 106.96 106.96 137.96
Total Liabilities 167.32 170.79 169.33 202.52
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.39 0.39 0.39 0.29
Retained Earnings -191.62 -200.02 -219.92 -224.08
Treasury Stock NA NA NA NA
Total Stockholders' Equity 135.50 118.00 92.42 15.81
Total Liabilities and Stockholders' Equity 302.82 288.79 261.75 218.33

Cash Flow Summary (Millions)

Categories 9/30/2011 6/30/2011 3/31/2011 12/31/2010
Net Cash Provided by Operating Activities 26.97 17.50 13.46 17.70
Net Cash Provided by Investing Activities -30.76 -19.97 -15.11 -20.01
Net Cash Provided by Financing Activities 0.00 0.00 38.70 0.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2006182.2740.561.90
12/2007170.7715.190.71
12/2008141.31-438.89-20.68
12/2009142.1554.422.45
12/201089.888.390.28
Growth Rates-16.20----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional12/31/1112429,10273.87




Report Date : 1/30/2012

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