Weekly CFO Buys Highlight
Callon Petroleum Co. (CPE): Executive Vice President and CFO B. F. Weatherly Bought 11,019 Shares
Executive Vice President and CFO of Callon Petroleum Co. (CPE) B. F. Weatherly bought 11,019 shares on 04/09/2013 at an average price of $3.63.
Callon Petroleum Company or Callon was incorporated under the laws of the state of Delaware in 1994 and succeeded to the business of a publicly traded limited partnership, a joint venture with a consortium of European investors and an independent energy company owned by a member of current management. Callon Petroleum Co. has a market cap of $153.5 million; its shares were traded at around $3.85 with a P/E ratio of 54.9451 and P/S ratio of 1.38.
On March 14, 2013, Callon Petroleum Company reported results of operations for the three-month and 12-month periods ended Dec. 31, 2012. Revenue of $28.7 million from daily production of 4,457 barrels of oil equivalent ("Boe") of production, or $69.94 per Boe produced. Fully diluted net loss of $(0.01) per share, which includes a $0.3 million charge related to a non-cash, mark-to-market of the Company`s derivative positions and a $1.2 million impairment related to acquired assets. Discretionary cash flow, a non-GAAP financial measure, of $0.42 per diluted share. See "Non-GAAP Financial Measures" discussed and reconciled below.
Director Larry D. Mcvay sold 6,250 shares of CPE stock on 12/19/2012 at the average price of $4.8. Larry D. Mcvay owns at least 72,572 shares after this. The price of the stock has decreased by 19.79% since.
For the complete list of stocks that were bought by their CFOs, go to: Insider Buys.