other material
confidence high
sentiment neutral
materiality 0.35
APA files Callon historical financials and pro forma combined results for securities offerings
APA Corp
- Callon Q1 2024 revenue $563.6M, net income $14.9M ($0.22 EPS), down from $220.6M ($3.58 EPS) a year earlier.
- Pro forma combined statement of operations for APA for nine months ended Sep 30, 2024, giving effect to merger as if completed Jan 1, 2023.
- Callon had $2.02B total debt, including $470M drawn on credit facility, as of March 31, 2024.
- Merger closed April 1, 2024; Callon common stock delisted and deregistered.