Callon

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Tucker
Posts: 3
Joined: Wed Nov 17, 2021 11:46 am

Callon

Post by Tucker »

Seeking Alpha article today on Callon suggests that Callon is projecting $267 million in free cash flow. Can you discuss that figure compared to you projection of $500 million. Thanks
dan_s
Posts: 34279
Joined: Fri Apr 23, 2010 8:22 am

Re: Callon

Post by dan_s »

They are probably using a much lower oil price. My 2023 forecast is based on WTI averaging $85/bbl and my 2024 forecast is based on $90/bbl.

Go to the EPG website and download my forecast model for CPE. It is macro driven, so you can change the commodity price assumptions at the bottom for all future periods.
Dan Steffens
Energy Prospectus Group
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