Callon Petroleum’s earnings
Callon Petroleum’s (CPE) earnings have been coming in better than analysts’ expectations since 3Q15. The company’s adjusted net income in 3Q16 was $12.9 million, as compared to $3.1 million in 3Q15.
Callon posted adjusted 3Q16 EPS (earnings per share) of $0.09, as compared to an EPS of $0.05 in 3Q15. The Wall Street analyst consensus estimate was ~$0.08.
Notably, WLL and OAS make up ~0.84% of the iShares US Oil & Gas Exploration & Production ETF (IEO).