Callon Petroleum Co (STU:CE51) Net Developed Acreage # : 0.00 (As of . 20)

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What is Callon Petroleum Co Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for Callon Petroleum Co's Net Developed Acreage # or its related term are showing as below:

STU:CE51's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

Callon Petroleum Co Net Developed Acreage # Historical Data

The historical data trend for Callon Petroleum Co's Net Developed Acreage # 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.

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Callon Petroleum Co Net Developed Acreage # Chart

Callon Petroleum Co (STU:CE51) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

Callon Petroleum Co Net Developed Acreage # Related Terms

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Callon Petroleum Co (STU:CE51) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Callon Petroleum Co (STU:CE51) » Definitions » Net Developed Acreage #

Comparable Companies

Traded in Other Exchanges

CPE:USA CPE:Mexico CE51:Germany

Address

2000 W. Sam Houston Parkway South, Suite 2000, One Briarlake Plaza, Houston, TX, USA, 77042

Website

https://www.callon.com

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.

Callon Petroleum Co (STU:CE51) Headlines

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