- Callon Petroleum (NYSE:CPE) -8% pre-market after a group of shareholders led by Chambers Investments file to sell more than 9M common shares; the company will not receive any proceeds from the sale.
- Crude oil futures and energy names are sharply lower amid this morning's risk-off tone in worldwide markets.
- CPE shares have powered higher since the start of November but remain 70% lower over the past year.