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2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
New CBOE “special perk” helps traders target income every weekend (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
New CBOE “special perk” helps traders target income every weekend (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
New CBOE “special perk” helps traders target income every weekend (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio

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

$31.20
-0.15 (-0.48%)
(As of 12/4/2023 ET)
Compare
Today's Range
$30.70
$31.52
50-Day Range
$31.20
$39.71
52-Week Range
$28.91
$44.49
Volume
1.03 million shs
Average Volume
1.56 million shs
Market Capitalization
$2.11 billion
P/E Ratio
3.90
Dividend Yield
N/A
Price Target
$47.00

Callon Petroleum MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
50.6% Upside
$47.00 Price Target
Short Interest
Bearish
25.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.42mentions of Callon Petroleum in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.56%
From $7.77 to $8.28 Per Share

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 stars

Oils/Energy Sector

140th out of 225 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

Callon Petroleum (NYSE:CPE) Price Target Cut to $44.00
All the trading advice you’ve ever received boils down to this
All 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.
Callon Petroleum: Strong Q3 Earnings In The Permian
All the trading advice you’ve ever received boils down to this
All 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.
A Preview Of Callon Petroleum's Earnings
Callon Petroleum Releases Annual Sustainability Report
What 9 Analyst Ratings Have To Say About Callon Petroleum
Callon Petroleum: Acquiring Its Way Into Mediocrity
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Today
12/04/2023
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
$48.43
High Stock Price Target
$63.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+55.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$1.21 billion
Pretax Margin
18.13%

Debt

Sales & Book Value

Annual Sales
$3.23 billion
Cash Flow
$22.13 per share
Book Value
$50.08 per share

Miscellaneous

Free Float
66,554,000
Market Cap
$2.11 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 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 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

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