Current CPE Stock Info

Compiled by Bevo Beaven and Tyler Losier, Oil & Gas 360

In light of Callon and Carrizo’s $3.2 billion merger, the two companies held an investor conference call this morning. Below are notable excerpts, compiled from Bloomberg’s transcription of the call:

Q: It sounds like the combination of the two companies, increases the free cash flow generation and the construction is improved. Can you talk about whether this increases your preference for returning free cash sooner or if it just accelerates your path down that higher free cash generation and more efficient growth?

Callon Petroleum CEO Joseph C Gatto:  That's good question, and like you said, this does accelerate free cash flow proposition and that's a big part of t...


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