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NYSE:CPE

Callon Petroleum (CPE) Stock Forecast, Price & News

$39.70
+1.85 (+4.89%)
(As of 09/27/2023 ET)
Compare
Today's Range
$38.52
$40.41
50-Day Range
$34.45
$40.81
52-Week Range
$28.91
$50.19
Volume
3.17 million shs
Average Volume
1.54 million shs
Market Capitalization
$2.71 billion
P/E Ratio
2.63
Dividend Yield
N/A
Price Target
$51.00

Callon Petroleum MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
28.4% Upside
$51.00 Price Target
Short Interest
Bearish
24.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.30mentions of Callon Petroleum in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.84%
From $7.52 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.

2.71 out of 5 stars

Oils/Energy Sector

39th out of 245 stocks

Crude Petroleum & Natural Gas Industry

23rd out of 80 stocks


CPE stock logo

About Callon Petroleum (NYSE:CPE) Stock

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 Price History

CPE Stock News Headlines

Callon Petroleum (NYSE:CPE) Upgraded to "Hold" by StockNews.com
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Mizuho Increases Callon Petroleum (NYSE:CPE) Price Target to $63.00
Callon Petroleum (NYSE:CPE) PT Raised to $63.00 at Mizuho
What 9 Analyst Ratings Have To Say About Callon Petroleum
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Callon Petroleum: Acquiring Its Way Into Mediocrity
Mizuho Securities Reaffirms Their Buy Rating on Callon (CPE)
7 Recent Wall Street Upgrades You Might Have Missed
See More Headlines
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CPE Company Calendar

Last Earnings
8/02/2023
Today
9/28/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

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 Forecast
$51.00
High Stock Price Forecast
$63.00
Low Stock Price Forecast
$41.00
Forecasted Upside/Downside
+28.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$1.21 billion
Pretax Margin
31.13%

Debt

Sales & Book Value

Annual Sales
$3.23 billion
Cash Flow
$23.22 per share
Book Value
$50.08 per share

Miscellaneous

Free Float
66,930,000
Market Cap
$2.71 billion
Optionable
Optionable
Beta
2.74
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Key Executives

  • Mr. Joseph C. Gatto Jr. (Age 52)
    Pres, CEO & Director
    Comp: $2.37M
  • Mr. Kevin E. Haggard (Age 52)
    Sr. 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)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $998.74k
  • Mr. Russell E. Parker (Age 46)
    Sr. VP & COO
  • Ms. Carrie Endorf
    VP of Asset Devel. & Technology
  • Ms. Angie Day
    Chief Information Officer
  • Mr. Kevin C. Smith
    Director of Investor Relations
  • Mr. Liam Kelly
    VP of Corp. Devel. & Land
  • Mr. J. Michael Hastings
    VP of Marketing













CPE Stock - Frequently Asked Questions

Should I buy or sell Callon Petroleum stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last twelve months. There are currently 2 hold ratings 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 forecast for 2023?

7 equities research analysts have issued 12-month price targets for Callon Petroleum's stock. Their CPE share price forecasts range from $41.00 to $63.00. On average, they predict the company's stock price to reach $51.00 in the next year. This suggests a possible upside of 28.4% 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 start of the year. Since then, CPE stock has increased by 7.1% and is now trading at $39.7050.
View the best growth stocks for 2023 here
.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 13,180,000 shares, an increase of 7.0% from the July 31st total of 12,320,000 shares. Based on an average daily volume of 1,570,000 shares, the short-interest ratio is currently 8.4 days. Approximately 25.1% 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, November 1st 2023.
View our CPE earnings forecast
.

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) posted its quarterly earnings data on Wednesday, August, 2nd. The oil and natural gas company reported $1.99 EPS for the quarter, topping analysts' consensus estimates of $1.78 by $0.21. The oil and natural gas company earned $562.30 million during the quarter, compared to the consensus estimate of $561.08 million. Callon Petroleum had a net margin of 35.11% and a trailing twelve-month return on equity of 21.41%. The company's revenue for the quarter was down 38.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.68 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).

What is Callon Petroleum's stock symbol?

Callon Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPE."

Who are Callon Petroleum's major shareholders?

Callon Petroleum's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.85%), State Street Corp (5.98%), Dimensional Fund Advisors LP (4.75%), Geode Capital Management LLC (1.62%), Woodline Partners LP (1.32%) and Allspring Global Investments Holdings LLC (1.21%). 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.

What is Callon Petroleum's stock price today?

One share of CPE stock can currently be purchased for approximately $39.71.

How much money does Callon Petroleum make?

Callon Petroleum (NYSE:CPE) has a market capitalization of $2.71 billion and generates $3.23 billion in revenue each year. The oil and natural gas company earns $1.21 billion in net income (profit) each year or $15.12 on an earnings per share basis.

How many employees does Callon Petroleum have?

The company employs 354 workers across the globe.

How can I contact Callon Petroleum?

Callon Petroleum's mailing address is 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042. The official website for the company is www.callon.com. The oil and natural gas company can be reached via phone at (281) 589-5200, via email at ir@callon.com, or via fax at 601-446-1410.

This page (NYSE:CPE) was last updated on 9/28/2023 by MarketBeat.com Staff

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