Page 1 of 1

CPE

Posted: Wed Feb 26, 2020 11:35 am
by Roadster
Hi Dan

Did the Carrizo preferred stock survive the merger? If yes have you considered for your high yield portfolio?

CPE is hitting new lows around $ 2.25. Is not book value $ 1.67? How low will it go?

Trading volumes are large.

Thanks Dan

Callon

Re: CPE

Posted: Wed Feb 26, 2020 4:53 pm
by dan_s
Callon is at the top of my To Do List. I will be updating my forecast/valuation model after they release Q4 results later today.

Callon has no preferred stock outstanding at 12-31-2019 (post-merger).