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Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
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Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
NYSE:CPE

Callon Petroleum (CPE) Stock Price, News & Analysis

$35.76
0.00 (0.00%)
(As of 04/11/2024 ET)
Today's Range
$35.76
$35.76
50-Day Range
$30.63
$36.06
52-Week Range
$28.62
$41.36
Volume
N/A
Average Volume
2.15 million shs
Market Capitalization
$2.38 billion
P/E Ratio
5.87
Dividend Yield
N/A
Price Target
$40.33

Callon Petroleum MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
12.8% Upside
$40.33 Price Target
Short Interest
Healthy
16.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.00mentions of Callon Petroleum in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.43%
From $6.56 to $7.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars

Energy Sector

10th out of 14 stocks

Oil & Gas E&P Industry

3rd out of 4 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. Callon Petroleum Company was founded in 1950 and is headquartered in Houston, Texas.

CPE Stock Price History

CPE Stock News Headlines

Options trading has suddenly become more reliable.
When it hits at a stunning 96% win rate... Options trading has suddenly become more reliable.
CPE Jul 2024 31.000 call
CPE Jun 2024 31.000 call
Options trading has suddenly become more reliable.
When it hits at a stunning 96% win rate... Options trading has suddenly become more reliable.
Q4 2023 APA Corp (US) Earnings Call
CPE Jul 2024 33.000 call
CPE Mar 2024 30.000 call
CPE Mar 2024 36.000 put
CPE Mar 2024 30.000 put
CPE Jun 2024 21.000 put
CPE Apr 2024 42.000 put
CPE Jun 2024 32.000 put
Callon Petroleum Co.
Callon Petroleum just downgraded at Stifel, here's why
Big Players' Recent Trades in CPE Options
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Today
4/13/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
13123X10
Employees
281
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.33
High Stock Price Target
$48.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+12.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$401.20 million
Pretax Margin
9.02%

Debt

Sales & Book Value

Annual Sales
$2.34 billion
Cash Flow
$15.09 per share
Book Value
$58.89 per share

Miscellaneous

Free Float
65,311,000
Market Cap
$2.38 billion
Optionable
Optionable
Beta
2.46
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Key Executives

  • Mr. Joseph C. Gatto Jr. (Age 53)
    President, CEO & Director
    Comp: $2.37M
  • Mr. Kevin E. Haggard (Age 53)
    Senior VP & CFO
    Comp: $1.07M
  • Mr. Gregory F. ConawayMr. Gregory F. Conaway (Age 49)
    VP & Chief Accounting Officer
    Comp: $668.22k
  • Ms. Michol L. Ecklund (Age 48)
    Senior VP, General Counsel, Chief Sustainability Officer & Corporate Secretary
    Comp: $998.74k
  • Mr. Russell E. Parker (Age 47)
    Senior VP & COO
  • Ms. Angie Day
    VP & Chief Information Officer
  • Mr. Matthew Hesterberg
    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 3 hold ratings and 3 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 Wall Street analysts have issued 12-month price targets for Callon Petroleum's stock. Their CPE share price targets range from $32.00 to $48.00. On average, they expect the company's share price to reach $40.33 in the next twelve months. This suggests a possible upside of 12.8% 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 2024?

Callon Petroleum's stock was trading at $32.40 on January 1st, 2024. Since then, CPE stock has increased by 10.4% and is now trading at $35.76.
View the best growth stocks for 2024 here
.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 8,370,000 shares, a decline of 9.6% from the February 29th total of 9,260,000 shares. Based on an average daily trading volume, of 1,640,000 shares, the short-interest ratio is currently 5.1 days. Approximately 16.0% of the shares of the company 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, May 1st 2024.
View our CPE earnings forecast
.

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) released its earnings results on Monday, February, 26th. The oil and natural gas company reported $1.62 earnings per share for the quarter, missing analysts' consensus estimates of $1.74 by $0.12. The oil and natural gas company earned $601.36 million during the quarter, compared to the consensus estimate of $563.30 million. Callon Petroleum had a trailing twelve-month return on equity of 12.65% and a net margin of 17.12%.

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 number of retail and institutional investors. Top institutional investors include Global Assets Advisory LLC (0.05%). Insiders that own company stock include Barbara J Faulkenberry, Bpp Energy Partners Llc, Bpp Holdco Llc, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CPE) was last updated on 4/13/2024 by MarketBeat.com Staff

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