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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

Callon Petroleum Stock Price, News & Analysis (NYSE:CPE)

$31.27
-0.30 (-0.95%)
(As of 11/30/2023 ET)
Compare
Today's Range
$31.24
$32.58
50-Day Range
$31.27
$39.71
52-Week Range
$28.91
$44.49
Volume
1.80 million shs
Average Volume
1.56 million shs
Market Capitalization
$2.12 billion
P/E Ratio
3.91
Dividend Yield
N/A
Price Target
$48.43

Callon Petroleum MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
54.9% Upside
$48.43 Price Target
Short Interest
Bearish
25.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.21mentions of Callon Petroleum in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.19%
From $7.92 to $8.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

Oils/Energy Sector

138th out of 233 stocks

Crude Petroleum & Natural Gas Industry

51st out of 72 stocks


CPE stock logo

About Callon Petroleum Stock (NYSE:CPE)

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in West Texas. The company was founded in 1950 and is headquartered in Houston, Texas.

CPE Stock Price History

CPE Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Callon Petroleum (NYSE:CPE) Shares Gap Down After Analyst Downgrade
Callon Petroleum: Strong Q3 Earnings In The Permian
The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
A Preview Of Callon Petroleum's Earnings
Callon Petroleum Releases Annual Sustainability Report
What 9 Analyst Ratings Have To Say About Callon Petroleum
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Today
11/30/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
13123X10
Employees
354
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$49.71
High Stock Price Target
$63.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+59.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$1.21 billion
Pretax Margin
18.13%

Debt

Sales & Book Value

Annual Sales
$3.23 billion
Cash Flow
$21.87 per share
Book Value
$56.97 per share

Miscellaneous

Free Float
66,554,000
Market Cap
$2.12 billion
Optionable
Optionable
Beta
2.71
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Key Executives

  • Mr. Joseph C. Gatto Jr. (Age 52)
    President, CEO & Director
    Comp: $2.37M
  • Mr. Kevin E. Haggard (Age 52)
    Senior VP & CFO
    Comp: $1.07M
  • Mr. Gregory F. ConawayMr. Gregory F. Conaway (Age 48)
    VP & Chief Accounting Officer
    Comp: $668.22k
  • Ms. Michol L. Ecklund (Age 48)
    Senior VP, General Counsel & Chief Sustainability Officer
    Comp: $998.74k
  • Mr. Russell E. Parker (Age 46)
    Senior VP & COO
  • Ms. Angie Day
    Chief Information Officer
  • Mr. Kevin C. Smith
    Director of Investor Relations
  • Mr. Liam Kelly
    Vice President of Corporate Development & Land
  • Mr. J. Michael Hastings
    Vice President of Marketing
  • Ms. Elizabeth Shuler
    Vice President of Human Resources














CPE Stock Analysis - Frequently Asked Questions

Should I buy or sell Callon Petroleum stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CPE shares.
View CPE analyst ratings
or view top-rated stocks.

What is Callon Petroleum's stock price target for 2024?

7 Wall Street analysts have issued 12-month target prices for Callon Petroleum's shares. Their CPE share price targets range from $40.00 to $63.00. On average, they predict the company's share price to reach $48.43 in the next year. This suggests a possible upside of 54.9% from the stock's current price.
View analysts price targets for CPE
or view top-rated stocks among Wall Street analysts.

How have CPE shares performed in 2023?

Callon Petroleum's stock was trading at $37.09 on January 1st, 2023. Since then, CPE shares have decreased by 15.7% and is now trading at $31.27.
View the best growth stocks for 2023 here
.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a increase in short interest in November. As of November 15th, there was short interest totaling 13,360,000 shares, an increase of 8.4% from the October 31st total of 12,330,000 shares. Based on an average trading volume of 1,670,000 shares, the days-to-cover ratio is currently 8.0 days. Currently, 25.6% of the company's stock are sold short.
View Callon Petroleum's Short Interest
.

When is Callon Petroleum's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our CPE earnings forecast
.

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) posted its earnings results on Wednesday, November, 1st. The oil and natural gas company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.03. The oil and natural gas company had revenue of $619.30 million for the quarter, compared to analyst estimates of $599.76 million. Callon Petroleum had a net margin of 20.63% and a trailing twelve-month return on equity of 16.26%. Callon Petroleum's revenue was down 25.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.04 earnings per share.

What is Fred L. Callon's approval rating as Callon Petroleum's CEO?

2 employees have rated Callon Petroleum Chief Executive Officer Fred L. Callon on Glassdoor.com. Fred L. Callon has an approval rating of 73% among the company's employees.

What other stocks do shareholders of Callon Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Callon Petroleum investors own include Oasis Petroleum (OAS), Bank of America (BAC), Range Resources (RRC), Energy Transfer (ET), Ford Motor (F), Advanced Micro Devices (AMD), General Electric (GE), Boeing (BA), AT&T (T) and Coeur Mining (CDE).

Who are Callon Petroleum's major shareholders?

Callon Petroleum's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (2.74%), Royal Bank of Canada (2.47%), Channing Capital Management LLC (2.10%), American Century Companies Inc. (1.37%), Allspring Global Investments Holdings LLC (1.22%) and Ameriprise Financial Inc. (1.17%). Insiders that own company stock include Barbara J Faulkenberry, Bpp Energy Partners Llc, Bpp Holdco Llc, Gregory F Conaway, Holdings LP Blackstone III, Primexx Energy Partners, Ltd, S P Iv Johnson and Steven A Webster.
View institutional ownership trends
.

How do I buy shares of Callon Petroleum?

Shares of CPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:CPE) was last updated on 12/1/2023 by MarketBeat.com Staff

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