KeyBanc Capital Markets initiated coverage of Callon Petroleum with a rating of Sector Weight
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/3/2024 | $60.00 → $40.00 | Buy → Neutral | Mizuho |
| 8/16/2023 | $40.00 → $45.00 | Neutral → Buy | Citigroup |
| 1/10/2023 | $59.00 | Buy | Mizuho |
| 12/5/2022 | $57.00 | Underweight → Neutral | JP Morgan |
| 9/20/2022 | Sector Weight | KeyBanc Capital Markets | |
| 7/6/2022 | $75.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 4/18/2022 | $80.00 | Neutral → Buy | ROTH Capital |
| 3/8/2022 | $64.00 → $100.00 | Hold → Buy | Truist Securities |
HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQ:APA) announced today that its acquisition of Callon Petroleum Company (NYSE:CPE) has been completed. The transaction was approved by APA and Callon shareholders at special meetings held on March 27, 2024. "We are very pleased to close this transaction as Callon's assets bring scale to our Delaware position and balance to our overall Permian asset base — all at what we believe is a compelling valuation," said John J. Christmann IV, APA's CEO. "We are confident this transaction will create shareholder value, as we expect to drive improved capital productivity and well performance, while realizing significant cost synergies.
HOUSTON, March 29, 2024 /PRNewswire/ -- Callon Petroleum Company (NYSE:CPE) ("Callon" or the "Company") today announced the expiration and final tender results of its previously announced cash tender offers (the "Offers") for any and all of its 8.000% Senior Notes due 2028 (the "2028 Notes") and any and all of its 7.500% Senior Notes due 2030 (the "2030 Notes" and, together with the 2028 Notes, the "Notes"). The terms and conditions of the Offers and the Consent Solicitations (as defined below) are set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of March 1, 2024 (as it may be amended or supplemented from time to time, the "Statement"). The Offers and the Cons
NEW YORK, March 25, 2024 /PRNewswire/ -- AppFolio Inc. (NASD:APPF) will replace Inari Medical Inc. (NASD:NARI) in the S&P MidCap 400, and Inari Medical will replace Callon Petroleum Co. (NYSE:CPE) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, April 1. S&P 500 constituent APA Corp. (NASD:APA) is acquiring Callon Petroleum in a transaction expected to be completed on or about that date pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector April 1, 2024 S&P MidCap 400 Addition AppFolio APPF Information Technology S&P