APA Corporation (APA) has completed the acquisition of Callon Petroleum Company (CPE). Earlier this year, in January, APA announced the acquisition of Callon in an all-stock deal valued at $4.5 billion.The acquisition should reportedly increase APA’s daily production to approximately 500,000 barrels of oil equivalent (BOE), approximately two-thirds of which will be sourced from the Permian Basin. APA has stated that the acquisition was made at a compelling valuation and Callon’s assets will provide addition ...