Callon Petroleum Company Overview
Pro stress-test →Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and sustainable development of high-quality assets in the Permian Basin in West Texas. The company maintains an acreage position of approximately 145,000 net acres in the core of the Permian Basin. The company has 281 employees and operates in the Oil & Gas sector within the Energy industry.
Strategic Profile
Pro stress-test →Callon utilizes horizontal drilling and its Life of Field Co-development model to develop its acreage, with primary focus on the horizontal development of several prospective intervals including multiple levels of the Wolfcamp and Bone Springs in the Delaware Basin. As of April 2026, the company had a market capitalization of approximately $2.38 billion.
Competitive Landscape
Pro stress-test →Callon competes within the independent oil & gas exploration and production sector, primarily focused on onshore Permian Basin development. Main competitors include mid-tier and large-cap E&P producers operating in similar Permian geographies with comparable horizontal drilling and multi-zone development strategies.
Industry Context
Callon Petroleum Company operates in Oil & Gas Exploration & Production.
Key facts
Founded: 1994 · Headquarters: Houston, US · Employees: 281 · Revenue: $1.83B · Market cap: $2.38B