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Callon

Posted: Thu Mar 09, 2023 2:15 pm
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

Re: Callon

Posted: Thu Mar 09, 2023 4:06 pm
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.