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InsideArbitrage Potential Deal Alert: Callon Petroleum (CPE) Considers Strategic Options Amid Takeover Interest

  • December 15, 2023

POTENTIAL DEAL DETAILS

Stock Callon Petroleum Company Symbol CPE
Date Announced 12/15/2023 Source Bloomberg
Type News Report

According to Bloomberg, Permian Basin explorer Callon Petroleum Co. (CPE) is considering strategic options amid takeover interest from rival oil and gas players. The oil producer has been working with an adviser to study possibilities including a potential sale.

Callon Petroleum Co. Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.