Callon Petroleum Company

NYSE:CPE Stock Report

Market Cap: US$2.4b

Callon Petroleum Management

Management criteria checks 4/4

Callon Petroleum's CEO is Joe Gatto, appointed in Aug 2016, has a tenure of 7.67 years. total yearly compensation is $4.20M, comprised of 21.4% salary and 78.6% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $4.80M. The average tenure of the management team and the board of directors is 3.6 years and 5.1 years respectively.

Key information

Joe Gatto

Chief executive officer

US$4.2m

Total compensation

CEO salary percentage21.4%
CEO tenure7.7yrs
CEO ownership0.2%
Management average tenure3.6yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet

Feb 27
Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet

Callon Petroleum Company's (NYSE:CPE) Price Is Right But Growth Is Lacking

Dec 18
Callon Petroleum Company's (NYSE:CPE) Price Is Right But Growth Is Lacking

Callon Petroleum: Strong Q3 Earnings In The Permian

Nov 07

If EPS Growth Is Important To You, Callon Petroleum (NYSE:CPE) Presents An Opportunity

Oct 27
If EPS Growth Is Important To You, Callon Petroleum (NYSE:CPE) Presents An Opportunity

Callon Petroleum: Acquiring Its Way Into Mediocrity

Sep 10

Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet

Sep 05
Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet

Callon Petroleum: An Undervalued E&P About To Begin Rewarding Shareholders

Jul 17

Do Callon Petroleum's (NYSE:CPE) Earnings Warrant Your Attention?

Jun 08
Do Callon Petroleum's (NYSE:CPE) Earnings Warrant Your Attention?

Is Callon Petroleum (NYSE:CPE) Using Too Much Debt?

Mar 28
Is Callon Petroleum (NYSE:CPE) Using Too Much Debt?

Should You Be Adding Callon Petroleum (NYSE:CPE) To Your Watchlist Today?

Feb 28
Should You Be Adding Callon Petroleum (NYSE:CPE) To Your Watchlist Today?

A Look At The Intrinsic Value Of Callon Petroleum Company (NYSE:CPE)

Dec 26
A Look At The Intrinsic Value Of Callon Petroleum Company (NYSE:CPE)

Callon Petroleum (NYSE:CPE) Takes On Some Risk With Its Use Of Debt

Nov 30
Callon Petroleum (NYSE:CPE) Takes On Some Risk With Its Use Of Debt

Callon Petroleum: Debt Maturities Look Quite Manageable

Oct 26

Callon Petroleum: Some Risks But Incredible Valuation

Sep 09

A Look At The Fair Value Of Callon Petroleum Company (NYSE:CPE)

Sep 05
A Look At The Fair Value Of Callon Petroleum Company (NYSE:CPE)

Callon Petroleum: Large Amount Of Debt Reduction Still Expected Despite Lower Strip Prices

Aug 14

Here's Why Callon Petroleum (NYSE:CPE) Has A Meaningful Debt Burden

Jul 23
Here's Why Callon Petroleum (NYSE:CPE) Has A Meaningful Debt Burden

Callon Petroleum May Be Able To Generate $2 Billion In Positive Cash Flow By The End Of 2023

Jun 14

Callon Petroleum: May Be Able To Reduce Its Net Debt By 60% Over Next 2 Years

May 03

Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet

Apr 07
Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet

Callon Petroleum: Net Debt May Be Reduced To Under $2 Billion By End Of 2022

Mar 01

CEO Compensation Analysis

How has Joe Gatto's remuneration changed compared to Callon Petroleum's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$401m

Sep 30 2023n/an/a

US$644m

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$4mUS$897k

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$753m

Mar 31 2022n/an/a

US$438m

Dec 31 2021US$6mUS$865k

US$134m

Sep 30 2021n/an/a

-US$425m

Jun 30 2021n/an/a

-US$1b

Mar 31 2021n/an/a

-US$3b

Dec 31 2020US$6mUS$774k

-US$3b

Sep 30 2020n/an/a

-US$2b

Jun 30 2020n/an/a

-US$1b

Mar 31 2020n/an/a

US$294m

Dec 31 2019US$7mUS$796k

US$56m

Sep 30 2019n/an/a

US$234m

Jun 30 2019n/an/a

US$222m

Mar 31 2019n/an/a

US$218m

Dec 31 2018US$6mUS$666k

US$293m

Sep 30 2018n/an/a

US$160m

Jun 30 2018n/an/a

US$139m

Mar 31 2018n/an/a

US$122m

Dec 31 2017US$4mUS$495k

US$113m

Compensation vs Market: Joe's total compensation ($USD4.20M) is about average for companies of similar size in the US market ($USD5.12M).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.

CEO

Joe Gatto (52 yo)

7.7yrs

Tenure

US$4,196,205

Compensation

Mr. Joseph C. Gatto, Jr., also known as Joe, has been the President of Callon Petroleum Company since August 24, 2016 and its Chief Executive Officer since May 2017 and served as its Treasurer since March...

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Gatto
President7.7yrsUS$4.20m0.20%
$ 4.8m
Kevin Haggard
Senior VP & CFO2.9yrsUS$1.83m0.017%
$ 405.3k
Gregory Conaway
VP & Chief Accounting Officer4.3yrsUS$891.97k0.065%
$ 1.5m
Michol Ecklund
Senior VP6.4yrsUS$1.57m0.041%
$ 967.0k
Russell Parker
Senior VP & COOless than a yearno data0.013%
$ 304.2k
Angie Day
VP & Chief Information Officer1.4yrsno datano data
Matthew Hesterberg
Investor Relationsno datano datano data
Liam Kelly
Vice President of Corporate Development & Land5.2yrsno datano data
J. Hastings
Vice President of Marketingno datano datano data
Elizabeth Shuler
Vice President of Human Resourcesless than a yearno datano data

3.6yrs

Average Tenure

48yo

Average Age

Experienced Management: CPE's management team is considered experienced (3.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Gatto
President5.9yrsUS$4.20m0.20%
$ 4.8m
Steven Webster
Independent Director4.3yrsUS$252.49k1.24%
$ 29.5m
Frances Sevilla-Sacasa
Independent Director4.3yrsUS$272.49k0.0035%
$ 84.0k
James Craddock
Directorless than a yearno datano data
Anthony Nocchiero
Independent Director13.1yrsUS$252.49k0.037%
$ 869.5k
Matthew Bob
Independent Chairman10.1yrsUS$272.49k0.028%
$ 662.6k
Mary Shafer-Malicki
Independent Director2.3yrsUS$377.77kno data
Barbara Faulkenberry
Independent Director5.9yrsUS$252.49k0.023%
$ 548.7k

5.1yrs

Average Tenure

65yo

Average Age

Experienced Board: CPE's board of directors are considered experienced (5.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/01 16:44
End of Day Share Price 2024/04/01 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
Hsulin PengBaird
Randy OllenbergerBMO Capital Markets Equity Research
Asit SenBofA Global Research