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Fly News Breaks for January 23, 2020
CPE
Jan 23, 2020 | 06:39 EDT
Credit Suisse analyst Betty Jiang downgraded Callon Petroleum to Neutral from Outperform. In a research note to investors, Jiang says she is are moving to the sidelines on Callon during its integration period for Carrizo Oil & Gas as she sees a lumpy operational cadence clouding their 2020 outlook, while questionable 2019 Midland well performance leaves her less confident in her Permian growth forecast.
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