Callon Petroleum Company Profile (NYSE:CPE)

About Callon Petroleum

Callon Petroleum logoCallon Petroleum Company is an independent oil and natural gas company. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas properties. It focuses on unconventional, onshore, oil and natural gas reserves in the Permian Basin in West Texas and the Midland Basin. Its asset base is concentrated in the Midland Basin located within the broader Permian Basin. Its operations are focused on horizontal drilling of several prospective intervals, including multiple levels of the Wolfcamp formation. It has drilled approximately 40 gross (over 27.1 net) horizontal, while completing approximately 30 gross (over 25.8 net) horizontal and over 1 gross (approximately 0.4 net) vertical wells. It owns leaseholds over 17,670 net acres in the Permian Basin. Its Southern Midland Basin area consists of fields located in Upton, Reagan and Crockett Counties, Texas. Its Central Midland Basin area encompasses Midland, Ector, Andrews and Martin Counties.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NYSE
  • Symbol: CPE
  • CUSIP: 13123X10
Key Metrics:
  • Previous Close: $14.45
  • 50 Day Moving Average: $12.43
  • 200 Day Moving Average: $10.29
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 30.74
  • P/E Growth: 0.67
  • Market Cap: $1.89B
  • Outstanding Shares: 131,136,000
  • Beta: 2.07
Additional Links:
Companies Related to Callon Petroleum:

Analyst Ratings

Consensus Ratings for Callon Petroleum (NYSE:CPE) (?)
Ratings Breakdown: 3 Hold Ratings, 18 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.91)
Consensus Price Target: $13.42 (7.12% downside)

Analysts' Ratings History for Callon Petroleum (NYSE:CPE)
DateFirmActionRatingPrice TargetDetails
8/22/2016KeyCorpBoost Price TargetOverweight$14.00 -> $16.00View Rating Details
8/11/2016JPMorgan Chase & Co.Boost Price TargetOverweight$14.00 -> $16.00View Rating Details
8/11/2016Citigroup Inc.Boost Price TargetNeutral$12.50 -> $14.00View Rating Details
8/10/2016WunderlichBoost Price TargetBuy$17.00 -> $18.00View Rating Details
8/10/2016Imperial CapitalReiterated RatingOutperform$14.00 -> $16.00View Rating Details
8/10/2016FBR & CoBoost Price TargetOutperform$15.00 -> $17.00View Rating Details
7/12/2016Roth CapitalReiterated RatingBuyView Rating Details
7/11/2016KLR GroupInitiated CoverageBuy$17.00View Rating Details
6/6/2016US Capital AdvisorsReiterated RatingBuyView Rating Details
5/24/2016Credit Suisse Group AGInitiated CoverageOutperform$14.00View Rating Details
5/17/2016ScotiabankUpgradeOutperform$16.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
5/16/2016Howard WeilUpgradeSector Outperform -> Focus StockView Rating Details
5/5/2016Canaccord GenuityReiterated RatingBuy$13.00View Rating Details
4/28/2016Iberia CapitalBoost Price TargetOutperform$10.00 -> $14.00View Rating Details
4/21/2016StephensReiterated RatingBuyView Rating Details
3/31/2016Seaport Global SecuritiesUpgradeAccumulate -> Buy$8.00 -> $11.00View Rating Details
2/2/2016Royal Bank Of CanadaBoost Price TargetSector Perform$8.00 -> $9.00View Rating Details
1/14/2016EuroPacific CanadaReiterated RatingBuy$12.00 -> $9.00View Rating Details
1/14/2016Eurobank EFGLower Price TargetBuy$12.00 -> $9.00View Rating Details
11/6/2015Northland SecuritiesBoost Price TargetOutperform$10.00 -> $12.00View Rating Details
10/9/2015Cowen and CompanyBoost Price TargetMarket Perform$9.00 -> $10.00View Rating Details
8/19/2015Capital One Financial Corp.Boost Price Target$10.00 -> $11.00View Rating Details
6/24/2015SunTrust Banks Inc.Lower Price TargetBuy$12.00 -> $11.00View Rating Details
5/8/2015MLV & Co.Reiterated RatingHoldView Rating Details
3/5/2015Noble FinancialDowngradeBuy -> HoldView Rating Details
12/1/2014Maxim GroupDowngradeBuy -> Hold$11.00 -> $6.00View Rating Details
9/9/2014GMP SecuritiesInitiated CoverageBuy$20.00View Rating Details
9/3/2014Brean CapitalBoost Price TargetBuy$12.00 -> $13.00View Rating Details
(Data available from 8/27/2014 forward)


Earnings History for Callon Petroleum (NYSE:CPE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/8/2016Q216$0.04($0.61)$47.75 million$45.14 millionViewN/AView Earnings Details
3/2/2016Q415$0.03$0.05$40.36 million$33.56 millionViewN/AView Earnings Details
11/4/2015Q315$0.03$0.05$40.11 million$34.32 millionViewN/AView Earnings Details
8/5/2015Q215$0.01$0.04$38.25 million$39.24 millionViewN/AView Earnings Details
3/4/2015Q414$0.08$0.05$14.90 million$38.40 millionViewN/AView Earnings Details
11/5/2014Q3$0.11$0.06$39.42 million$39.66 millionViewListenView Earnings Details
8/6/2014Q214$0.14$0.14$37.81 million$40.50 millionViewListenView Earnings Details
5/8/2014Q114$0.05$0.11$28.47 million$33.29 millionViewListenView Earnings Details
3/12/2014Q413$0.01$0.03$26.83 million$26.50 millionViewListenView Earnings Details
11/7/2013Q313($0.03)$0.03$28.78 million$27.00 millionViewListenView Earnings Details
8/8/2013Q2 2013($0.06)($0.02)$22.79 million$19.10 millionViewN/AView Earnings Details
5/9/2013Q1 2013($0.04)($0.02)$23.15 million$22.50 millionViewN/AView Earnings Details
3/14/2013Q4 2012$0.04($0.01)$31.92 million$28.70 millionViewN/AView Earnings Details
11/7/2012$0.02($0.03)$29.48 million$27.40 millionViewN/AView Earnings Details
8/8/2012($0.01)$0.01ViewN/AView Earnings Details
5/7/2012$0.05$0.01ViewN/AView Earnings Details
11/2/2011$0.16$0.21ViewN/AView Earnings Details
8/8/2011$0.10$0.50ViewN/AView Earnings Details
5/9/2011$0.03$0.12ViewN/AView Earnings Details
3/14/2011$0.07$0.02ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Callon Petroleum (NYSE:CPE)
Current Year EPS Consensus Estimate: $0.24 EPS
Next Year EPS Consensus Estimate: $0.47 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201615($0.12)$0.01($0.03)
Q2 20167($0.03)$0.40$0.08
Q3 20167$0.01$0.14$0.07
Q4 20167$0.01$0.16$0.09
Q1 20178$0.03$0.12$0.08
Q2 20175$0.08$0.14$0.10
Q3 20179$0.03$0.16$0.10
Q4 20176$0.09$0.18$0.14
Q1 20181$0.10$0.10$0.10
Q2 20181$0.14$0.14$0.14
(Data provided by Zacks Investment Research)


Dividend History for Callon Petroleum (NYSE:CPE)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Callon Petroleum (NYSE:CPE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/13/2016Jerry A WeantVPBuy1,000$6.00$6,000.00View SEC Filing  
1/11/2016Jerry A WeantVPBuy1,000$6.75$6,750.00View SEC Filing  
1/6/2016Matthew Regis BobDirectorBuy7,000$7.50$52,500.00View SEC Filing  
8/26/2015Matthew Regis BobDirectorBuy7,000$7.55$52,850.00View SEC Filing  
6/18/2015Mitzi P ConnInsiderSell10,000$8.26$82,600.00View SEC Filing  
6/10/2015Anthony J NocchieroDirectorSell17,994$8.53$153,488.82View SEC Filing  
9/16/2014Matthew Regis BobDirectorBuy5,000$9.33$46,650.00View SEC Filing  
4/7/2014Gary NewberryVPBuy14,616$8.30$121,312.80View SEC Filing  
4/11/2013Howard Clark SmithInsiderBuy5,365$3.90$20,923.50View SEC Filing  
4/9/2013B F WeatherlyCFOBuy11,019$3.63$39,998.97View SEC Filing  
4/9/2013Gary NewberryVPBuy27,300$3.65$99,645.00View SEC Filing  
4/8/2013Fred L CallonCEOBuy14,286$3.50$50,001.00View SEC Filing  
4/4/2013Joseph C Jr. GattoVPBuy5,263$3.42$17,999.46View SEC Filing  
3/26/2013Rodger W Smith JrTreasurerBuy8,098$3.75$30,367.50View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Callon Petroleum (NYSE:CPE)
DateHeadline logoCommit To Purchase Callon Petroleum At $12, Earn 11.5% Annualized Using Options - Nasdaq (NYSE:CPE) - August 26 at 4:28 PM logoCommit To Purchase Callon Petroleum At $12, Earn 11.5% Annualized Using Options (NYSE:CPE) - August 26 at 4:28 PM
News IconNews Buzz: Callon Petroleum Company (NYSE:CPE), Century Aluminum Co (NASDAQ:CENX) - NYSE Journal (press release) (NYSE:CPE) - August 26 at 4:28 PM logoCallon Petroleum Appoints Newberry as COO and Senior VP (NYSE:CPE) - August 26 at 10:23 AM logoToday's Top 5 Stock Picks: Riding a Small-Cap Wave (NYSE:CPE) - August 26 at 10:22 AM logoWill Callon Petroleum Company (NYSE:CPE) Keep up With Analyst Expectations? - Investor Newswire (NYSE:CPE) - August 25 at 4:24 PM
News IconWorth Watching Stocks in Queue: Callon Petroleum Company ... - NYSE Journal (press release) (NYSE:CPE) - August 25 at 4:24 PM
News Icon(CPE) Expected to Post Q1 2017 Earnings of $0.09 Per Share (NYSE:CPE) - August 25 at 9:19 AM logoBillionaire Rob Citrone Loads Up On Energy Stocks (NYSE:CPE) - August 25 at 9:19 AM logoCan Callon Petroleum (CPE) Run Higher on Strong Earnings Estimate Revisions? (NYSE:CPE) - August 24 at 4:20 PM logoCallon Petroleum Company Announces Management Appointments (NYSE:CPE) - August 24 at 4:20 PM logo3 Stocks in Focus: Callon Petroleum Company (CPE), Walgreens Boots Alliance, Inc. (WBA), Diamond Resorts ... - iStreetWire (NYSE:CPE) - August 23 at 4:31 PM logoCallon Petroleum Company Common (CPE) Hits a New 52-Week High - Finance Daily (NYSE:CPE) - August 23 at 4:31 PM logoStreet Talk: L Brands, Garmin & more (NYSE:CPE) - August 22 at 4:28 PM logoStreet Talk: L Brands, Garmin & more (NYSE:CPE) - August 22 at 4:28 PM logoCallon Petroleum Company (CPE) - Financial and Strategic SWOT Analysis Review - New Report Available (NYSE:CPE) - August 22 at 9:05 AM logoETF’s with exposure to Callon Petroleum Co. : August 19, 2016 (NYSE:CPE) - August 19 at 3:27 PM logoCALLON PETROLEUM CO Financials (NYSE:CPE) - August 17 at 4:31 PM logoCallon Petroleum Co. :CPE-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NYSE:CPE) - August 12 at 10:49 AM logoImperial Capital Reiterates Outperform on Callon Petroleum (CPE) Following 2Q (NYSE:CPE) - August 10 at 4:28 PM logoNoticeable Analyst's ideas: Exxon Mobil Corporation (NYSE:XOM ... - Street Updates (NYSE:CPE) - August 10 at 8:05 AM logoAnalyst's Valuable Buzzers: Callon Petroleum Company (NYSE:CPE) , AK Steel Holding Corporation (NYSE:AKS) - Street Updates (NYSE:CPE) - August 10 at 8:05 AM logoCallon Petroleum Company (CPE) Hits New 52-week High During August 08 Session - (NYSE:CPE) - August 10 at 8:05 AM logoEdited Transcript of CPE earnings conference call or presentation 9-Aug-16 1:00pm GMT (NYSE:CPE) - August 10 at 8:05 AM logoShares of CPE Up 102.3% Since Uptrend Call on Shares (NYSE:CPE) - August 9 at 5:23 PM logoCallon Petroleum announces second quarter 2016 results (NYSE:CPE) - August 9 at 5:23 PM logoCallon Petroleum (CPE) Stock Gains as Q2 Earnings Top Estimates (NYSE:CPE) - August 9 at 5:23 PM logo9:29 pm Callon Petroleum Correction: Callon Petroleum beat EPS estimates by a penny (prior comment contained GAAP earnings) (NYSE:CPE) - August 9 at 10:50 AM logoCallon reports 2Q loss (NYSE:CPE) - August 8 at 9:46 PM logoCALLON PETROLEUM CO Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Fina (NYSE:CPE) - August 8 at 9:46 PM logoCallon Petroleum Company Announces Second Quarter 2016 Results (NYSE:CPE) - August 8 at 4:28 PM logoQ2 2016 Callon Petroleum Co Earnings Release - After Market Close (NYSE:CPE) - August 8 at 9:11 AM logoNotable Analysts Assessment of Stocks: Exxon Mobil Corporation ... - Street Updates (NYSE:CPE) - August 4 at 4:33 PM logoMomentum Stocks in Focus: Galena Biopharma, Inc. (GALE) Callon Petroleum Company (CPE) BofI Holding, Inc. (BOFI) - iStreetWire (NYSE:CPE) - August 4 at 4:33 PM logoCALLON PETROLEUM CO Files SEC form 8-K/A, Financial Statements and Exhibits (NYSE:CPE) - August 4 at 11:15 AM logoAnalyst Ratings Summary To Observe: Callon Petroleum Company (NYSE:CPE), WisdomTree Investments, Inc ... - Review Fortune (NYSE:CPE) - August 3 at 9:59 PM
News IconAnalysts Rating to Track: Callon Petroleum Company (NYSE:CPE) - The Voice Registrar (NYSE:CPE) - August 2 at 9:57 PM logoIs Callon Petroleum (CPE) Stock a Solid Choice Right Now? (NYSE:CPE) - July 29 at 8:55 AM logoCallon Petroleum Company (CPE) Insiders Look Optimistic About Prospects - Review Fortune (NYSE:CPE) - July 28 at 11:46 AM logoCitigroup Maintains Callon Petroleum Company to Neutral with Price Target $12.50 - Trade Calls (NYSE:CPE) - July 27 at 12:23 PM logoStocks in Focus: Callon Petroleum (CPE), CBS (CBS), News (NWSA) - iStreetWire (NYSE:CPE) - July 26 at 10:28 PM logoAnalyst Views You Should Be Watching Today: Callon Petroleum ... - Review Fortune (NYSE:CPE) - July 26 at 10:28 PM logoTrading Floor: Mining Stocks Gainers, Losers (NYSE:CPE) - July 23 at 8:36 AM
News IconCallon Petroleum Company (NYSE:CPE) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:CPE) - July 20 at 11:17 AM logoCallon Petroleum Co. breached its 50 day moving average in a Bearish Manner : CPE-US : July 20, 2016 (NYSE:CPE) - July 20 at 8:13 AM logoHoward County - New 'Core' Area Of The Midland Basin? (NYSE:CPE) - July 19 at 9:42 PM logoCallon Petroleum (NYSE:CPE) price target raised to $13 as issued in a report today by Citigroup (NYSE:CPE) - July 19 at 9:42 PM
News IconStock in Positive Territory for the Quarter: Callon Petroleum Company (NYSE:CPE) - Engelwood Daily (NYSE:CPE) - July 19 at 10:36 AM logoNext Weeks Broker Price Targets For Callon Petroleum Company (NYSE:CPE) - Fiscal Standard (NYSE:CPE) - July 17 at 8:57 AM logo3 Stocks to Watch For: Callon Petroleum Company (CPE), BlackBerry Limited (BBRY), Nucor Corporation (NUE) - iStreetWire (NYSE:CPE) - July 15 at 8:24 PM


Callon Petroleum (NYSE:CPE) Chart for Saturday, August, 27, 2016

Last Updated on 8/27/2016 by Staff