Callon Petroleum Company (CPE) financial statements (2022 and earlier)

Company profile

Business Address 2000 W SAM HOUSTON PARKWAY S
HOUSTON, TX 77042
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10201316286531
Cash and cash equivalents10201316286531
Receivables2321332091321147040
Derivative instruments and hedges, assets22126650020
Other current assets31242010221
Total current assets:29517826922314572562
Noncurrent Assets
Operating lease, right-of-use asset242364
Property, plant and equipment5,1664,0896,669    
Derivative instruments and hedges  9    
Regulated entity, other noncurrent assets  141712 11
Deposits noncurrent assets    146 
Restricted cash and investments4443333
Deferred costs      4
Deferred income tax assets  116
Other noncurrent assets4018116500
Other undisclosed noncurrent assets1952403,7302,5261,493708
Total noncurrent assets:5,2524,1846,9263,7572,5481,542726
TOTAL ASSETS:5,5484,3637,1953,9792,6932,268789
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:5703455122611639671
Accrued liabilities570345512    
Interest and dividends payable   25966
Other undisclosed accounts payable and accrued liabilities   2371549065
Debt  43    
Deferred compensation liability   15910
Derivative instruments and hedges, liabilities1869771102818 
Asset retirement obligation   4131
Other liabilities117422713   
Other undisclosed current liabilities 13 25966
Total current liabilities:87249765231520613288
Noncurrent Liabilities
Long-term debt and lease obligation242838200620390329
Long-term debt, excluding current maturities   200620390329
Finance lease, liability  1
Operating lease, liability242837
Liabilities, other than long-term debt115158962010129
Deferred compensation liability, classified   2385
Asset retirement obligations54574910544
Deferred tax liabilities, net  0 
Other liabilities4913150000
Derivative instruments and hedges, liabilities118833710 
Other undisclosed noncurrent liabilities2,6712,9693,1859991  
Total noncurrent liabilities:2,8093,1553,3191,219632403338
Total liabilities:3,6823,6523,9721,534837534426
Stockholders' equity
Stockholders' equity attributable to parent, including:1,8667113,2232,4451,8561,733363
Preferred stock   0000
Additional paid in capital4,0123,2233,1982,4772,1812,172703
Retained earnings (accumulated deficit)(2,147)(2,512)21(34)(327)(440)(341)
Other undisclosed stockholders' equity attributable to parent1042221
Total stockholders' equity:1,8667113,2232,4451,8561,733363
TOTAL LIABILITIES AND EQUITY:5,5484,3637,1953,9792,6932,268789

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues2,0451,033672588366201138
Revenue, net366201138
Cost of revenue
(Cost of Goods and Services Sold)
    (50)(38)(27)
Gross profit:2,0451,033672588317162110
Operating expenses(1,010)(3,490)(499)(328)(225)(248)(347)
Other undisclosed operating income    503827
Operating income (loss):1,035(2,457)173260141(47)(209)
Nonoperating income (expense)(670)45(69)49(20)(44)7
Investment income, nonoperating(522)(28)(62)49(19)(20)28
Interest and debt expense(41)170(5)(3)(2)(13)(21)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (170)5321321
Income (loss) from continuing operations before equity method investments, income taxes:324(2,412)103308122(92)(202)
Other undisclosed income from continuing operations before income taxes41      
Income (loss) from continuing operations before income taxes:365(2,412)103308122(92)(202)
Income tax expense (benefit)(0)(122)(35)(8)(1)0(38)
Net income (loss) attributable to parent:365(2,534)68300120(92)(240)
Preferred stock dividends and other adjustments  (12)(7)(7)(7)(8)
Net income (loss) available to common stockholders, diluted:365(2,534)56293113(99)(248)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):365(2,534)68300120(92)(240)
Comprehensive income (loss), net of tax, attributable to parent:365(2,534)68300120(92)(240)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: