The WACC of Callon Petroleum Co (CPE) is 7.4%.
| Range | Selected | |
| Cost of equity | 7.50% - 10.70% | 9.10% |
| Tax rate | 3.60% - 16.70% | 10.15% |
| Cost of debt | 5.80% - 5.90% | 5.85% |
| WACC | 6.6% - 8.1% | 7.4% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.78 | 1.04 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.50% | 10.70% |
| Tax rate | 3.60% | 16.70% |
| Debt/Equity ratio | 0.81 | 0.81 |
| Cost of debt | 5.80% | 5.90% |
| After-tax WACC | 6.6% | 8.1% |
| Selected WACC | 7.4% | |