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Callon Petroleum Continues to Grow On-Shore Production, Analyst Highlights 'Impressive' Results

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Citi Needs to See Callon Petroleum Increase In Inventory For More Upside
Citi On Callon Petroleum: Needs More Inventory For Meaningful Upside

Reserve growth at attractive F&D cost and Q4 production results within Callon's (NYSE: CPE) Wolfcamp shale exceeded Johnson Rice analyst predictions. The analyst mentioned Q4 prelim. production and the outlook for 2014 production was ahead of Johnson Rice forecast.

Latest Ratings for CPE

Jul 2016CitigroupMaintainsNeutral
Jun 2016CitigroupInitiates Coverage onNeutral
May 2016WunderlichMaintainsBuy

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