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Callon Petroleum Co (Callon Petroleum Co) Operating Margin % : 30.49% (As of Dec. 2023)


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What is Callon Petroleum Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Callon Petroleum Co's Operating Income for the three months ended in Dec. 2023 was $183 Mil. Callon Petroleum Co's Revenue for the three months ended in Dec. 2023 was $601 Mil. Therefore, Callon Petroleum Co's Operating Margin % for the quarter that ended in Dec. 2023 was 30.49%.

Good Sign:

Callon Petroleum Co operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Callon Petroleum Co's Operating Margin % or its related term are showing as below:

CPE' s Operating Margin % Range Over the Past 10 Years
Min: 5.48   Med: 34.58   Max: 49.62
Current: 32.37


CPE's Operating Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 7.96 vs CPE: 32.37

Callon Petroleum Co's 5-Year Average Operating Margin % Growth Rate was 2.20% per year.

Callon Petroleum Co's Operating Income for the three months ended in Dec. 2023 was $183 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $758 Mil.


Callon Petroleum Co Operating Margin % Historical Data

The historical data trend for Callon Petroleum Co's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Callon Petroleum Co Operating Margin % Chart

Callon Petroleum Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.78 11.51 47.58 49.62 32.37

Callon Petroleum Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.56 32.89 33.02 33.15 30.49

Competitive Comparison of Callon Petroleum Co's Operating Margin %

For the Oil & Gas E&P subindustry, Callon Petroleum Co's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Callon Petroleum Co's Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Callon Petroleum Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Callon Petroleum Co's Operating Margin % falls into.



Callon Petroleum Co Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Callon Petroleum Co's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=758.498 / 2342.984
=32.37 %

Callon Petroleum Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=183.34 / 601.357
=30.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Callon Petroleum Co  (NYSE:CPE) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Callon Petroleum Co Operating Margin % Related Terms

Thank you for viewing the detailed overview of Callon Petroleum Co's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Callon Petroleum Co (Callon Petroleum Co) Business Description

Traded in Other Exchanges
Address
2000 W. Sam Houston Parkway South, Suite 2000, One Briarlake Plaza, Houston, TX, USA, 77042
Callon Petroleum Company engages in the exploration, development, acquisition, and production of oil and natural gas. Activities are primarily conducted in the Permian Basin region of West Texas and southeastern New Mexico. Callon relies heavily on the latest horizontal production techniques to extract hydrocarbon products from its assets, with crude oil accounting for over half of production. Historically, a handful of marketing and trading companies have accounted for the majority of the sales for Callon's oil and gas production. Assets are acquired through the drilling of emerging zones on existing acreage but also by acquiring additional locations through leasehold purchases, leasing programs, joint ventures, and asset swaps.
Executives
Russell E. Parker officer: Senior VP and COO 1001 LOUISIANA STREET, HOUSTON TX 77002
Steven A Webster director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
James E Craddock director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Kimmeridge Energy Management Company, Llc 10 percent owner 15 LITTLE WEST 12TH STREET, 5TH FLOOR, NEW YORK NY 10014
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bpp Holdco Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Primexx Energy Partners, Ltd 10 percent owner 4849 GREENVILLE AVENUE, SUITE 1600, DALLAS TX 75206
Bpp Energy Partners Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Mary Shafer-malicki director 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Johnson S P Iv director 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Bcp Vii/bep Ii Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bma Vii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Ema Ii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Energy Management Associates Ii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Management Associates Vii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154