- Callon Petroleum (NYSE:CPE) +5.4% AH after Lone Star Value Management discloses a 5.1% active stake.
- Funds affiliated with the activist hedge fund now own a combined 2.83M CPE shares following a string of transactions from Aug. 29 through Oct. 27.
- Lone Star says it will make proposals concerning changes to the capitalization, ownership structure, board structure and composition of the company.