Callon Petroleum Stock Price, News & Analysis (NYSE:CPE) $31.20 -0.15 (-0.48%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$30.70▼$31.5250-Day Range$31.20▼$39.7152-Week Range$28.91▼$44.49Volume1.03 million shsAverage Volume1.56 million shsMarket Capitalization$2.11 billionP/E Ratio3.90Dividend YieldN/APrice Target$47.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Callon Petroleum MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside50.6% Upside$47.00 Price TargetShort InterestBearish25.60% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.42Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth6.56%From $7.77 to $8.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsOils/Energy Sector140th out of 225 stocksCrude Petroleum & Natural Gas Industry49th out of 69 stocks 3.4 Analyst's Opinion Consensus RatingCallon Petroleum has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.00, Callon Petroleum has a forecasted upside of 50.6% from its current price of $31.20.Amount of Analyst CoverageCallon Petroleum has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted25.60% of the float of Callon Petroleum has been sold short.Short Interest Ratio / Days to CoverCallon Petroleum has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in Callon Petroleum has recently increased by 8.35%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCallon Petroleum does not currently pay a dividend.Dividend GrowthCallon Petroleum does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CPE. Previous Next 0.9 News and Social Media Coverage News SentimentCallon Petroleum has a news sentiment score of -0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Callon Petroleum this week, compared to 3 articles on an average week.Search InterestOnly 13 people have searched for CPE on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Callon Petroleum to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Callon Petroleum insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.80% of the stock of Callon Petroleum is held by insiders.Percentage Held by Institutions92.79% of the stock of Callon Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Callon Petroleum are expected to grow by 6.56% in the coming year, from $7.77 to $8.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Callon Petroleum is 3.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Callon Petroleum is 3.90, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.95.Price to Book Value per Share RatioCallon Petroleum has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More CPE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CPE Stock News HeadlinesDecember 2, 2023 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Price Target Cut to $44.00December 1, 2023 | finance.yahoo.comWhy Is Callon (CPE) Down 15.7% Since Last Earnings Report?December 5, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 30, 2023 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Price Target Cut to $40.00 by Analysts at Morgan StanleyNovember 28, 2023 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Given Average Recommendation of "Moderate Buy" by BrokeragesNovember 19, 2023 | finance.yahoo.comAn Intrinsic Calculation For Callon Petroleum Company (NYSE:CPE) Suggests It's 40% UndervaluedNovember 6, 2023 | seekingalpha.comCallon Petroleum: Strong Q3 Earnings In The PermianNovember 3, 2023 | markets.businessinsider.comHold Rating Issued for Callon’s Stock Amidst Q3 Performance and Downward Q4 Production GuidanceDecember 5, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 3, 2023 | markets.businessinsider.comHold Rating for Callon Amid Q3 Underperformance and Unclear 2024 ExpectationsNovember 2, 2023 | finance.yahoo.comWall Street Analysts Believe Callon (CPE) Could Rally 41.22%: Here's is How to TradeNovember 2, 2023 | finance.yahoo.comCallon (CPE) Reports Q3 Earnings: What Key Metrics Have to SayNovember 1, 2023 | finance.yahoo.comCallon Petroleum Company Reports Third Quarter 2023 ResultsNovember 1, 2023 | finance.yahoo.comCallon Petroleum Co (CPE) Reports Q3 2023 Earnings: Net Income of $119.5 MillionOctober 31, 2023 | benzinga.comA Preview Of Callon Petroleum's EarningsOctober 26, 2023 | finance.yahoo.comCallon Petroleum Insiders Placed Bullish Bets Worth US$2.09mOctober 18, 2023 | finance.yahoo.comHere Is Why Bargain Hunters Would Love Fast-paced Mover Callon (CPE)October 17, 2023 | finance.yahoo.comCallon Petroleum Company Schedules Third Quarter 2023 Conference Call for November 2, 2023October 17, 2023 | finance.yahoo.comWall Street Analysts See a 32.37% Upside in Callon (CPE): Can the Stock Really Move This High?October 9, 2023 | benzinga.comThinking about trading options or stock in Tesla, Callon Petroleum, Lockheed Martin, Seadrill, or Rtx Corp?October 9, 2023 | markets.businessinsider.comBuy Rating Reiteration for Callon Amidst Transitional Period and Anticipated Q4 Free Cash Flow InflectionOctober 5, 2023 | msn.comRBC Capital Reiterates Callon Petroleum (CPE) Outperform RecommendationOctober 5, 2023 | marketwatch.com: Callon Petroleum upgraded to buy from neutral at Gerdes Energy ResearchOctober 4, 2023 | finance.yahoo.comCallon Petroleum Releases Annual Sustainability ReportOctober 4, 2023 | finance.yahoo.comCallon Petroleum Co (CPE): A Comprehensive Analysis of Its Fair ValuationSeptember 18, 2023 | markets.businessinsider.comWhat 9 Analyst Ratings Have To Say About Callon PetroleumSeptember 10, 2023 | seekingalpha.comCallon Petroleum: Acquiring Its Way Into MediocritySee More Headlines Receive CPE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Callon Petroleum and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/01/2023Today12/04/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:CPE CUSIP13123X10 CIK928022 Webwww.callon.com Phone(281) 589-5200Fax601-446-1410Employees354Year FoundedN/APrice Target and Rating Average Stock Price Target$48.43 High Stock Price Target$63.00 Low Stock Price Target$40.00 Potential Upside/Downside+55.2%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$7.99 Trailing P/E Ratio3.90 Forward P/E Ratio4.02 P/E GrowthN/ANet Income$1.21 billion Net Margins20.63% Pretax Margin18.13% Return on Equity16.26% Return on Assets8.81% Debt Debt-to-Equity Ratio0.50 Current Ratio0.40 Quick Ratio0.40 Sales & Book Value Annual Sales$3.23 billion Price / Sales0.65 Cash Flow$22.13 per share Price / Cash Flow1.41 Book Value$50.08 per share Price / Book0.62Miscellaneous Outstanding Shares67,770,000Free Float66,554,000Market Cap$2.11 billion OptionableOptionable Beta2.53 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Joseph C. Gatto Jr. (Age 52)President, CEO & Director Comp: $2.37MMr. Kevin E. Haggard (Age 52)Senior VP & CFO Comp: $1.07MMr. Gregory F. Conaway (Age 48)VP & Chief Accounting Officer Comp: $668.22kMs. Michol L. Ecklund (Age 48)Senior VP, General Counsel & Chief Sustainability Officer Comp: $998.74kMr. Russell E. Parker (Age 46)Senior VP & COO Ms. Angie DayChief Information OfficerMr. Kevin C. SmithDirector of Investor RelationsMr. Liam KellyVice President of Corporate Development & LandMr. J. Michael HastingsVice President of MarketingMs. Elizabeth ShulerVice President of Human ResourcesMore ExecutivesKey CompetitorsComstock ResourcesNYSE:CRKKosmos EnergyNYSE:KOSSilverBow ResourcesNYSE:SBOWBerryNASDAQ:BRYSM EnergyNYSE:SMView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 92,413 shares on 11/30/2023Ownership: 1.375%Deutsche Bank AGBought 5,112 shares on 11/24/2023Ownership: 0.046%Public Sector Pension Investment BoardSold 22,074 shares on 11/22/2023Ownership: 0.102%Walleye Capital LLCSold 14,500 shares on 11/21/2023Ownership: 0.000%Walleye Trading LLCSold 2,300 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions CPE Stock Analysis - Frequently Asked Questions Should I buy or sell Callon Petroleum stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 1 hold rating 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? 6 Wall Street research analysts have issued 1-year 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 $47.00 in the next twelve months. This suggests a possible upside of 50.6% 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 at the beginning of the year. Since then, CPE shares have decreased by 15.9% and is now trading at $31.20. View the best growth stocks for 2023 here. Are investors shorting Callon Petroleum? Callon Petroleum saw a increase in short interest in the month of 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 daily volume of 1,670,000 shares, the short-interest ratio is presently 8.0 days. Currently, 25.6% of the shares of the 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) issued its earnings results on Wednesday, November, 1st. The oil and natural gas company reported $1.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.79 by $0.03. The oil and natural gas company had revenue of $619.30 million for the quarter, compared to analysts' expectations of $599.76 million. Callon Petroleum had a net margin of 20.63% and a trailing twelve-month return on equity of 16.26%. The company's quarterly revenue was down 25.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.04 EPS. What ETFs hold Callon Petroleum's stock? ETFs with the largest weight of Callon Petroleum (NYSE:CPE) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Pacer US Small Cap Cash Cows 100 ETF (CALF), First Trust Natural Gas ETF (FCG), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) and First Trust Small Cap Value AlphaDEX Fund (FYT).iShares U.S. Oil & Gas Exploration & Production ETF (IEO). 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 many different institutional and retail investors. Top institutional investors 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 12/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Callon Petroleum Please log in to your account or sign up in order to add this asset to your watchlist. 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