Callon Petroleum Company Profile (NYSE:CPE)

About Callon Petroleum

Callon Petroleum logoCallon Petroleum Company is an independent oil and natural gas company. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas properties. It focuses on unconventional, onshore, oil and natural gas reserves in the Permian Basin in West Texas and the Midland Basin. Its asset base is concentrated in the Midland Basin located within the broader Permian Basin. Its operations are focused on horizontal drilling of several prospective intervals, including multiple levels of the Wolfcamp formation. It has drilled approximately 40 gross (over 27.1 net) horizontal, while completing approximately 30 gross (over 25.8 net) horizontal and over 1 gross (approximately 0.4 net) vertical wells. It owns leaseholds over 17,670 net acres in the Permian Basin. Its Southern Midland Basin area consists of fields located in Upton, Reagan and Crockett Counties, Texas. Its Central Midland Basin area encompasses Midland, Ector, Andrews and Martin Counties.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NYSE
  • Symbol: CPE
  • CUSIP: 13123X10
Key Metrics:
  • Previous Close: $13.55
  • 50 Day Moving Average: $14.31
  • 200 Day Moving Average: $11.53
  • 52-Week Range: $4.21 - $15.91
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 27.65
  • P/E Growth: 0.61
  • Market Cap: $1.78B
  • Outstanding Shares: 131,136,000
  • Beta: 1.97
Profitability:
  • Net Margins: -233.91%
  • Return on Equity: 3.77%
  • Return on Assets: 1.92%
Debt:
  • Debt-to-Equity Ratio: 0.50%
  • Current Ratio: 0.55%
  • Quick Ratio: 0.55%
Additional Links:
Companies Related to Callon Petroleum:

Analyst Ratings

Consensus Ratings for Callon Petroleum (NYSE:CPE) (?)
Ratings Breakdown: 2 Hold Ratings, 21 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.96)
Consensus Price Target: $14.95 (10.37% upside)

Analysts' Ratings History for Callon Petroleum (NYSE:CPE)
Show:
DateFirmActionRatingPrice TargetDetails
9/22/2016BMO Capital MarketsInitiated CoverageOutperform$20.00View Rating Details
9/13/2016KLR GroupReiterated RatingBuy$18.00 -> $21.00View Rating Details
9/9/2016FBR & CoBoost Price TargetOutperform$17.00 -> $19.00View Rating Details
9/8/2016Canaccord GenuityBoost Price TargetBuy$15.00 -> $18.00View Rating Details
9/8/2016RBC Capital MarketsUpgradeSector Perform -> Outperform$15.00 -> $18.00View Rating Details
9/8/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$15.00 -> $18.00View Rating Details
9/7/2016Roth CapitalSet Price TargetBuy$16.00View Rating Details
8/22/2016KeyCorpBoost Price TargetOverweight$14.00 -> $16.00View Rating Details
8/11/2016JPMorgan Chase & Co.Boost Price TargetOverweight$14.00 -> $16.00View Rating Details
8/11/2016Citigroup Inc.Boost Price TargetNeutral$12.50 -> $14.00View Rating Details
8/10/2016WunderlichBoost Price TargetBuy$17.00 -> $18.00View Rating Details
8/10/2016Imperial CapitalReiterated RatingOutperform$14.00 -> $16.00View Rating Details
6/6/2016US Capital AdvisorsReiterated RatingBuyView Rating Details
5/24/2016Credit Suisse Group AGInitiated CoverageOutperform$14.00View Rating Details
5/17/2016ScotiabankUpgradeOutperform$16.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
5/16/2016Howard WeilUpgradeSector Outperform -> Focus StockView Rating Details
4/28/2016Iberia CapitalBoost Price TargetOutperform$10.00 -> $14.00View Rating Details
4/21/2016StephensReiterated RatingBuyView Rating Details
3/31/2016Seaport Global SecuritiesUpgradeAccumulate -> Buy$8.00 -> $11.00View Rating Details
1/14/2016EuroPacific CanadaReiterated RatingBuy$12.00 -> $9.00View Rating Details
1/14/2016Eurobank EFGLower Price TargetBuy$12.00 -> $9.00View Rating Details
11/6/2015Northland SecuritiesBoost Price TargetOutperform$10.00 -> $12.00View Rating Details
10/9/2015Cowen and CompanyBoost Price TargetMarket Perform$9.00 -> $10.00View Rating Details
8/19/2015Capital One Financial Corp.Boost Price Target$10.00 -> $11.00View Rating Details
6/24/2015SunTrust Banks Inc.Lower Price TargetBuy$12.00 -> $11.00View Rating Details
5/8/2015MLV & Co.Reiterated RatingHoldView Rating Details
3/5/2015Noble FinancialDowngradeBuy -> HoldView Rating Details
12/1/2014Maxim GroupDowngradeBuy -> Hold$11.00 -> $6.00View Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for Callon Petroleum (NYSE:CPE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
8/8/2016Q216$0.04($0.61)$47.75 million$45.14 millionViewN/AView Earnings Details
3/2/2016Q415$0.03$0.05$40.36 million$33.56 millionViewN/AView Earnings Details
11/4/2015Q315$0.03$0.05$40.11 million$34.32 millionViewN/AView Earnings Details
8/5/2015Q215$0.01$0.04$38.25 million$39.24 millionViewN/AView Earnings Details
3/4/2015Q414$0.08$0.05$14.90 million$38.40 millionViewN/AView Earnings Details
11/5/2014Q3$0.11$0.06$39.42 million$39.66 millionViewListenView Earnings Details
8/6/2014Q214$0.14$0.14$37.81 million$40.50 millionViewListenView Earnings Details
5/8/2014Q114$0.05$0.11$28.47 million$33.29 millionViewListenView Earnings Details
3/12/2014Q413$0.01$0.03$26.83 million$26.50 millionViewListenView Earnings Details
11/7/2013Q313($0.03)$0.03$28.78 million$27.00 millionViewListenView Earnings Details
8/8/2013Q2 2013($0.06)($0.02)$22.79 million$19.10 millionViewN/AView Earnings Details
5/9/2013Q1 2013($0.04)($0.02)$23.15 million$22.50 millionViewN/AView Earnings Details
3/14/2013Q4 2012$0.04($0.01)$31.92 million$28.70 millionViewN/AView Earnings Details
11/7/2012$0.02($0.03)$29.48 million$27.40 millionViewN/AView Earnings Details
8/8/2012($0.01)$0.01ViewN/AView Earnings Details
5/7/2012$0.05$0.01ViewN/AView Earnings Details
11/2/2011$0.16$0.21ViewN/AView Earnings Details
8/8/2011$0.10$0.50ViewN/AView Earnings Details
5/9/2011$0.03$0.12ViewN/AView Earnings Details
3/14/2011$0.07$0.02ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Callon Petroleum (NYSE:CPE)
Current Year EPS Consensus Estimate: $0.26 EPS
Next Year EPS Consensus Estimate: $0.49 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201615($0.12)$0.01($0.03)
Q2 20167($0.03)$0.40$0.08
Q3 20167$0.06$0.13$0.08
Q4 20168$0.08$0.15$0.10
Q1 20178$0.03$0.12$0.08
Q2 20175$0.09$0.14$0.11
Q3 20179$0.03$0.16$0.10
Q4 20176$0.10$0.18$0.15
Q1 20181$0.10$0.10$0.10
Q2 20181$0.14$0.14$0.14
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Callon Petroleum (NYSE:CPE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Callon Petroleum (NYSE:CPE)
Insider Ownership Percentage: 1.61%
Institutional Ownership Percentage: 83.09%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/13/2016Jerry A WeantVPBuy1,000$6.00$6,000.00View SEC Filing  
1/11/2016Jerry A WeantVPBuy1,000$6.75$6,750.00View SEC Filing  
1/6/2016Matthew Regis BobDirectorBuy7,000$7.50$52,500.00View SEC Filing  
8/26/2015Matthew Regis BobDirectorBuy7,000$7.55$52,850.00View SEC Filing  
6/18/2015Mitzi P ConnInsiderSell10,000$8.26$82,600.00View SEC Filing  
6/10/2015Anthony J NocchieroDirectorSell17,994$8.53$153,488.82View SEC Filing  
9/16/2014Matthew Regis BobDirectorBuy5,000$9.33$46,650.00View SEC Filing  
4/7/2014Gary NewberryVPBuy14,616$8.30$121,312.80View SEC Filing  
4/11/2013Howard Clark SmithInsiderBuy5,365$3.90$20,923.50View SEC Filing  
4/9/2013B F WeatherlyCFOBuy11,019$3.63$39,998.97View SEC Filing  
4/9/2013Gary NewberryVPBuy27,300$3.65$99,645.00View SEC Filing  
4/8/2013Fred L CallonCEOBuy14,286$3.50$50,001.00View SEC Filing  
4/4/2013Joseph C Jr. GattoVPBuy5,263$3.42$17,999.46View SEC Filing  
3/26/2013Rodger W Smith JrTreasurerBuy8,098$3.75$30,367.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Callon Petroleum (NYSE:CPE)
DateHeadline
News IconActive Stock of Yesterday- Callon Petroleum Company (NYSE:CPE) - Hot Stocks Point (NYSE:CPE)
www.hotstockspoint.com - September 27 at 8:59 AM
thestreet.com logoCallon Petroleum (CPE) Stock Receives 'Outperform' Rating at BMO Capital (NYSE:CPE)
www.thestreet.com - September 22 at 9:58 AM
News IconUnder Analyst's Radar: Callon Petroleum Company (NYSE:CPE), America Movil, S.A.B. de C.V. (NYSE:AMX) - Newburgh Press (NYSE:CPE)
newburghpress.com - September 21 at 4:57 PM
prnewswire.com logoOil & Gas Stocks Under Scanner -- Hess, Callon Petroleum, Occidental Petroleum, and Laredo Petroleum - PR Newswire (press release) (NYSE:CPE)
www.prnewswire.com - September 21 at 8:36 AM
marketexclusive.com logoThis Is What Callon Petroleum Company (NYSE:CPE) Is Up To (NYSE:CPE)
marketexclusive.com - September 16 at 4:14 PM
biz.yahoo.com logoCALLON PETROLEUM CO Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Ob (NYSE:CPE)
biz.yahoo.com - September 16 at 4:14 PM
News IconIs Callon Petroleum (CPE) Stock a Solid Choice Right Now? - Yahoo - Yahoo News (NYSE:CPE)
www.yahoo.com - September 16 at 5:04 AM
prnewswire.com logoCallon Petroleum Company Announces Pricing of Upsized $400 ... - PR Newswire (press release) (NYSE:CPE)
www.prnewswire.com - September 16 at 5:04 AM
News IconCallon Petroleum announces pricing of upsized $400M senior unsecured notes placement (NYSE:CPE)
www.ogfj.com - September 15 at 4:44 PM
News IconFBR & Co Comments on Callon Petroleum Co.'s Q2 2017 Earnings (CPE) (NYSE:CPE)
www.crcconnection.com - September 15 at 4:44 PM
publicnow.com logoCallon Petroleum Company Announces Pricing of Upsized $400 Million Placement of Senior Unsecured Notes (NYSE:CPE)
www.publicnow.com - September 15 at 4:44 PM
feeds.reuters.com logoBRIEF-Callon Petroleum prices upsized $400 mln placement of senior unsecured notes (NYSE:CPE)
feeds.reuters.com - September 15 at 12:46 PM
News IconStock Buzzer on Short Call- Callon Petroleum Company (NYSE:CPE ... - Seneca Globe (NYSE:CPE)
www.senecaglobe.com - September 15 at 9:56 AM
finance.yahoo.com logoIs Callon Petroleum (CPE) Stock a Solid Choice Right Now? (NYSE:CPE)
finance.yahoo.com - September 15 at 9:56 AM
News IconConsensus Take: Callon Petroleum Company (NYSE:CPE) Earnings & Ratings Watch - Frisco Fastball (NYSE:CPE)
friscofastball.com - September 14 at 8:41 AM
News IconAnalysts Place Callon Petroleum Company (NYSE:CPE) Under the Lens of the Microscope - Post News (NYSE:CPE)
www.kentuckypostnews.com - September 14 at 8:41 AM
uk.finance.yahoo.com logoHIGHYIELD CLOSE-Two issuers raise US$2.25bn in HY primary market (NYSE:CPE)
uk.finance.yahoo.com - September 14 at 8:41 AM
News IconVerizon Communications Inc. (NYSE:VZ) & Callon Petroleum Company (NYSE:CPE) UPDATE ON U.S STOCKS - Money News (NYSE:CPE)
www.newsismoney.com - September 13 at 9:13 AM
seekingalpha.com logoCallon Petroleum: Destined To Acquire - Seeking Alpha (NYSE:CPE)
seekingalpha.com - September 13 at 9:13 AM
seekingalpha.com logoCallon Petroleum: Destined To Acquire (NYSE:CPE)
seekingalpha.com - September 12 at 4:11 PM
finance.yahoo.com logo1:52 pm Callon Petroleum to offer $350 million aggregate principal amount of senior unsecured notes due 2024 in a private placement (NYSE:CPE)
finance.yahoo.com - September 12 at 4:11 PM
publicnow.com logoCallon Petroleum Company Announces Launch of $350 Million Placement of Senior Unsecured Notes (NYSE:CPE)
www.publicnow.com - September 12 at 4:11 PM
biz.yahoo.com logoCALLON PETROLEUM CO Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balan (NYSE:CPE)
biz.yahoo.com - September 12 at 4:11 PM
finance.yahoo.com logoCallon Petroleum Company Announces Closing of Common Stock Offering and Full Exercise of Option to Purchase Additional Shares (NYSE:CPE)
finance.yahoo.com - September 12 at 4:11 PM
feeds.reuters.com logoBRIEF-Callon Petroleum announces launch of $350 mln placement of senior unsecured notes (NYSE:CPE)
feeds.reuters.com - September 12 at 2:33 PM
nasdaq.com logoCallon Petroleum Series A Cumulative Preferred Stock Ex-Dividend Reminder (NYSE:CPE)
www.nasdaq.com - September 11 at 4:07 PM
nasdaq.com logoCallon Petroleum Series A Cumulative Preferred Stock Ex-Dividend Reminder - Nasdaq (NYSE:CPE)
www.nasdaq.com - September 10 at 8:58 AM
thecountrycaller.com logoCallon Petroleum Company (CPE) Price Target Increased To $19 By FBR Capital (NYSE:CPE)
www.thecountrycaller.com - September 9 at 4:13 PM
marketexclusive.com logoHere’s Where Callon Petroleum Company (NYSE:CPE) Is Placing A $327 Million Bet (NYSE:CPE)
marketexclusive.com - September 8 at 4:13 PM
News IconShares of Callon Petroleum Company (NYSE:CPE) & Cogentix Medical Inc (NASDAQ:CGNT) Stocks News Update: Wednesday (NYSE:CPE)
www.newsismoney.com - September 8 at 4:13 PM
thestreet.com logoCallon Petroleum (CPE) Stock Higher After Upgrade, Oil Price Rally (NYSE:CPE)
www.thestreet.com - September 8 at 4:13 PM
News IconTop Analyst Upgrades and Downgrades: Apple, Callon Petroleum, Hewlett Packard Enterprise, Lululemon, Nike, Rio Tinto and More (NYSE:CPE)
feedproxy.google.com - September 8 at 9:19 AM
News IconCallon Petroleum Prices Upsized Offering Of 26 Million Common Shares (NYSE:CPE)
myhealthbowl.com - September 8 at 8:09 AM
News IconLone Star Value Management buys $20904960 stake in Callon Petroleum Company (CPE) (NYSE:CPE)
10thousandcouples.com - September 8 at 8:09 AM
seekingalpha.com logoCallon Petroleum - Quality Shale Play Adds More Acreage (NYSE:CPE)
seekingalpha.com - September 8 at 8:09 AM
News IconCallon Petroleum Company Announces Upsizing and Pricing of Common Stock Offering (NYSE:CPE)
www.advfn.com - September 8 at 8:09 AM
biz.yahoo.com logoCALLON PETROLEUM CO Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financi (NYSE:CPE)
biz.yahoo.com - September 8 at 8:09 AM
News IconStock Gapping Down Before the Bell: Callon Petroleum Company (NYSE:CPE) - Post News (NYSE:CPE)
www.kentuckypostnews.com - September 7 at 4:28 PM
finance.yahoo.com logoArcLight to Sell Element Petroleum II's Remaining Permian Basin Assets (NYSE:CPE)
finance.yahoo.com - September 7 at 4:28 PM
thestreet.com logoCallon Buys Oil and Gas Assets From ArcLight-Backed Element for $327M (NYSE:CPE)
www.thestreet.com - September 7 at 4:28 PM
finance.yahoo.com logoCallon Petroleum Company Announces Common Stock Offering - Yahoo Finance (NYSE:CPE)
finance.yahoo.com - September 7 at 7:43 AM
feeds.reuters.com logoBRIEF-Callon Petroleum announces upsizing and pricing of common stock offering (NYSE:CPE)
feeds.reuters.com - September 6 at 10:45 PM
News IconCallon Petroleum to acquire Howard County assets for $327M (NYSE:CPE)
www.ogfj.com - September 6 at 9:17 PM
publicnow.com logoCallon Petroleum Company Announces Common Stock Offering (NYSE:CPE)
www.publicnow.com - September 6 at 9:17 PM
seekingalpha.com logoCallon Petroleum buys Texas acreage for $327M; launches 23M-share offering (NYSE:CPE)
seekingalpha.com - September 6 at 5:56 PM
publicnow.com logoCallon Petroleum Company Announces Howard County Acquisition and Operational Update (NYSE:CPE)
www.publicnow.com - September 6 at 4:13 PM
News IconCallon Petroleum Company's (CPE): Buyers and Sellers Alert - Hot ... - Hot Stocks Point (NYSE:CPE)
www.hotstockspoint.com - September 3 at 4:06 PM
stocksdaily.net logoCallon Petroleum Company (NYSE:CPE): The Buzzing Stock (NYSE:CPE)
www.stocksdaily.net - September 3 at 8:59 AM
stocksdaily.net logoCallon Petroleum Company (NYSE:CPE): The Buzzing Stock - Stocks Daily (NYSE:CPE)
www.stocksdaily.net - September 2 at 4:09 PM
News Icon2 Stocks Analyst-Opinion Need Close Attention Callon Petroleum Company (NYSE:CPE), TiVo Inc. (NASDAQ:TIVO) - The Voice Registrar (NYSE:CPE)
voiceregistrar.com - September 2 at 4:09 PM

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Callon Petroleum (NYSE:CPE) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff