The WACC of Callon Petroleum Co (CPE) is 7.8%.
| Range | Selected | |
| Cost of equity | 8.60% - 11.50% | 10.05% |
| Tax rate | 3.60% - 16.70% | 10.15% |
| Cost of debt | 5.30% - 5.90% | 5.60% |
| WACC | 7.1% - 8.5% | 7.8% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.03 | 1.18 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.60% | 11.50% |
| Tax rate | 3.60% | 16.70% |
| Debt/Equity ratio | 0.81 | 0.81 |
| Cost of debt | 5.30% | 5.90% |
| After-tax WACC | 7.1% | 8.5% |
| Selected WACC | 7.8% | |