Callon Historical Income Statement

CPE Stock  USD 35.12  0.86  2.51%   
Historical analysis of Callon Petroleum income statement accounts such as Interest Expense of 188.3 M, Selling General Administrative of 121.1 M or Total Revenue of 2.5 B can show how well Callon Petroleum performed in making a profits. Evaluating Callon Petroleum income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Callon Petroleum's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Callon Petroleum latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Callon Petroleum is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Callon Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Callon Stock refer to our How to Trade Callon Stock guide.

About Callon Income Statement Analysis

Callon Petroleum Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Callon Petroleum shareholders. The income statement also shows Callon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Callon Petroleum Income Statement Chart

Callon Petroleum Income Statement is one of the three primary financial statements used for reporting Callon's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Callon Petroleum revenue and expense. Callon Petroleum Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Callon Petroleum's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 121.1 M, whereas Income Tax Expense is projected to grow to (180.3 M).

Total Revenue

Total revenue comprises all receipts Callon Petroleum generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Callon Petroleum minus its cost of goods sold. It is profit before Callon Petroleum operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Callon Petroleum. It is also known as Callon Petroleum overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Callon Petroleum's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Callon Petroleum current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Callon Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Callon Stock refer to our How to Trade Callon Stock guide.At present, Callon Petroleum's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 121.1 M, whereas Income Tax Expense is projected to grow to (180.3 M).
 2021 2022 2023 2024 (projected)
Interest Expense102.0M79.7M179.3M188.3M
Depreciation And Amortization366.6M464.6M535.7M562.4M

Callon Petroleum income statement Correlations

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Click cells to compare fundamentals

Callon Petroleum Account Relationship Matchups

Callon Petroleum income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization245.9M480.6M366.6M464.6M535.7M562.4M
Interest Expense2.9M94.3M102.0M79.7M179.3M188.3M
Selling General Administrative48.4M37.2M50.5M57.4M115.3M121.1M
Total Revenue671.6M1.0B2.0B3.2B2.3B2.5B
Gross Profit296.5M166.7M1.1B1.7B873.8M917.5M
Other Operating Expenses424.6M914.3M995.8M1.5B1.6B1.7B
Operating Income247.5M115.9M1.0B1.7B758.5M796.4M
Ebit247.5M115.9M1.0B1.7B758.5M796.4M
Ebitda493.4M596.5M1.4B2.1B1.3B1.4B
Cost Of Revenue375.1M866.4M941.9M1.5B1.5B1.5B
Total Operating Expenses49.4M47.8M53.8M57.4M115.3M121.1M
Income Before Tax103.2M(2.4B)365.3M1.2B211.4M222.0M
Total Other Income Expense Net(144.3M)(2.5B)(669.6M)(458.9M)(547.1M)(519.7M)
Net Income67.9M(2.5B)365.2M1.0B401.2M421.3M
Income Tax Expense35.3M122.1M180K11.8M(189.8M)(180.3M)
Net Income Applicable To Common Shares55.6M(2.5B)365.2M1.2B1.1B1.1B
Net Income From Continuing Ops67.9M(2.5B)365.2M1.2B644.5M676.7M
Non Operating Income Net Other(66.5M)139.6M(567.6M)(379.3M)(341.3M)(324.3M)
Tax Provision35.3M122.1M180K11.8M(201.1M)(191.1M)
Interest Income65.0M122.1M624.3M410.6M472.2M495.8M
Net Interest Income(2.9M)(94.3M)(102.0M)(79.7M)(75.3M)(71.6M)
Reconciled Depreciation245.9M480.6M356.6M466.5M498.9M369.5M

Pair Trading with Callon Petroleum

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Callon Petroleum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Callon Petroleum will appreciate offsetting losses from the drop in the long position's value.

Moving against Callon Stock

  0.55HPKEW HighPeak EnergyPairCorr
The ability to find closely correlated positions to Callon Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Callon Petroleum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Callon Petroleum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Callon Petroleum to buy it.
The correlation of Callon Petroleum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Callon Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Callon Petroleum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Callon Petroleum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Callon Petroleum is a strong investment it is important to analyze Callon Petroleum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Callon Petroleum's future performance. For an informed investment choice regarding Callon Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Callon Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Callon Stock refer to our How to Trade Callon Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Callon Stock analysis

When running Callon Petroleum's price analysis, check to measure Callon Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Callon Petroleum is operating at the current time. Most of Callon Petroleum's value examination focuses on studying past and present price action to predict the probability of Callon Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Callon Petroleum's price. Additionally, you may evaluate how the addition of Callon Petroleum to your portfolios can decrease your overall portfolio volatility.
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Is Callon Petroleum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Callon Petroleum. If investors know Callon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Callon Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Earnings Share
6.19
Revenue Per Share
36.218
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0736
The market value of Callon Petroleum is measured differently than its book value, which is the value of Callon that is recorded on the company's balance sheet. Investors also form their own opinion of Callon Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Callon Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Callon Petroleum's market value can be influenced by many factors that don't directly affect Callon Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Callon Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callon Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callon Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.