Callon Petroleum Balance Sheet Health
Financial Health criteria checks 3/6
Callon Petroleum has a total shareholder equity of $4.0B and total debt of $1.9B, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are $6.7B and $2.7B respectively. Callon Petroleum's EBIT is $777.4M making its interest coverage ratio 4.3. It has cash and short-term investments of $3.3M.
Key information
48.1%
Debt to equity ratio
US$1.92b
Debt
Interest coverage ratio | 4.3x |
Cash | US$3.33m |
Equity | US$3.99b |
Total liabilities | US$2.72b |
Total assets | US$6.71b |
Recent financial health updates
Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet
Feb 27Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet
Sep 05Is Callon Petroleum (NYSE:CPE) Using Too Much Debt?
Mar 28Callon Petroleum (NYSE:CPE) Takes On Some Risk With Its Use Of Debt
Nov 30Here's Why Callon Petroleum (NYSE:CPE) Has A Meaningful Debt Burden
Jul 23Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet
Apr 07Recent updates
Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet
Feb 27Callon Petroleum Company's (NYSE:CPE) Price Is Right But Growth Is Lacking
Dec 18Callon Petroleum: Strong Q3 Earnings In The Permian
Nov 07If EPS Growth Is Important To You, Callon Petroleum (NYSE:CPE) Presents An Opportunity
Oct 27Callon Petroleum: Acquiring Its Way Into Mediocrity
Sep 10Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet
Sep 05Callon Petroleum: An Undervalued E&P About To Begin Rewarding Shareholders
Jul 17Do Callon Petroleum's (NYSE:CPE) Earnings Warrant Your Attention?
Jun 08Is Callon Petroleum (NYSE:CPE) Using Too Much Debt?
Mar 28Should You Be Adding Callon Petroleum (NYSE:CPE) To Your Watchlist Today?
Feb 28A Look At The Intrinsic Value Of Callon Petroleum Company (NYSE:CPE)
Dec 26Callon Petroleum (NYSE:CPE) Takes On Some Risk With Its Use Of Debt
Nov 30Callon Petroleum: Debt Maturities Look Quite Manageable
Oct 26Callon Petroleum: Some Risks But Incredible Valuation
Sep 09A Look At The Fair Value Of Callon Petroleum Company (NYSE:CPE)
Sep 05Callon Petroleum: Large Amount Of Debt Reduction Still Expected Despite Lower Strip Prices
Aug 14Here's Why Callon Petroleum (NYSE:CPE) Has A Meaningful Debt Burden
Jul 23Callon Petroleum May Be Able To Generate $2 Billion In Positive Cash Flow By The End Of 2023
Jun 14Callon Petroleum: May Be Able To Reduce Its Net Debt By 60% Over Next 2 Years
May 03Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet
Apr 07Callon Petroleum: Net Debt May Be Reduced To Under $2 Billion By End Of 2022
Mar 01Financial Position Analysis
Short Term Liabilities: CPE's short term assets ($252.1M) do not cover its short term liabilities ($647.0M).
Long Term Liabilities: CPE's short term assets ($252.1M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: CPE's net debt to equity ratio (48%) is considered high.
Reducing Debt: CPE's debt to equity ratio has reduced from 48.6% to 48.1% over the past 5 years.
Debt Coverage: CPE's debt is well covered by operating cash flow (56.9%).
Interest Coverage: CPE's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/04/01 02:30 |
End of Day Share Price | 2024/04/01 00:00 |
Earnings | 2023/12/31 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Callon Petroleum Company is covered by 43 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Hsulin Peng | Baird |
Randy Ollenberger | BMO Capital Markets Equity Research |
Asit Sen | BofA Global Research |