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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
All the trading advice you’ve ever received boils down to this (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
All the trading advice you’ve ever received boils down to this (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
All the trading advice you’ve ever received boils down to this (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way

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

$29.98
+0.20 (+0.67%)
(As of 12/8/2023 ET)
Compare
Today's Range
$29.85
$30.78
50-Day Range
$29.78
$39.44
52-Week Range
$28.91
$44.49
Volume
1.59 million shs
Average Volume
1.36 million shs
Market Capitalization
$2.03 billion
P/E Ratio
3.75
Dividend Yield
N/A
Price Target
$47.00

Callon Petroleum MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
56.8% Upside
$47.00 Price Target
Short Interest
Bearish
25.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.16mentions of Callon Petroleum in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.97%
From $7.71 to $8.17 Per Share

Overall MarketRank

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

2.10 out of 5 stars

Oils/Energy Sector

140th out of 226 stocks

Crude Petroleum & Natural Gas Industry

49th out of 69 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

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Callon Petroleum (NYSE:CPE) Price Target Cut to $44.00
Callon Petroleum: Strong Q3 Earnings In The Permian
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
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
12/10/2023
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
$47.00
High Stock Price Target
$63.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+56.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$1.21 billion
Pretax Margin
18.13%

Debt

Sales & Book Value

Annual Sales
$3.23 billion
Cash Flow
$22.37 per share
Book Value
$50.08 per share

Miscellaneous

Free Float
66,554,000
Market Cap
$2.03 billion
Optionable
Optionable
Beta
2.53
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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?

6 Wall Street equities 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 equities 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 analysts have issued 12 month price targets for Callon Petroleum's shares. Their CPE share price targets range from $40.00 to $63.00. On average, they expect the company's stock price to reach $47.00 in the next twelve months. This suggests a possible upside of 56.8% 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 2023. Since then, CPE stock has decreased by 19.2% and is now trading at $29.98.
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 presently 8.0 days. Currently, 25.6% of the company's stock are short sold.
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 quarterly earnings data on Wednesday, November, 1st. The oil and natural gas company reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.03. The oil and natural gas company earned $619.30 million during the quarter, compared to analysts' expectations of $599.76 million. Callon Petroleum had a trailing twelve-month return on equity of 16.26% and a net margin of 20.63%. The company's quarterly revenue was down 25.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.04 EPS.

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 retail and institutional 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 12/10/2023 by MarketBeat.com Staff

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