Investing.com - Callon Petroleum reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Callon Petroleum announced earnings per share of $4.04 on revenue of $724.42M. Analysts polled by Investing.com anticipated EPS of $4.22 on revenue of $685.43M.
Callon Petroleum shares are down 32% from the beginning of the year and are trading at $43.14 , down-from-52-week-high.
Callon Petroleum follows other major Energy sector earnings this month
Callon Petroleum's report follows an earnings beat by Exxon Mobil on October 28, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on October 28 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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