S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Laser breakthrough could send stock soaring 2,467% (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Having Trouble in Your Trading? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Having Trouble in Your Trading? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Laser breakthrough could send stock soaring 2,467% (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Having Trouble in Your Trading? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Having Trouble in Your Trading? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Laser breakthrough could send stock soaring 2,467% (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Having Trouble in Your Trading? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Having Trouble in Your Trading? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Laser breakthrough could send stock soaring 2,467% (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Having Trouble in Your Trading? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Having Trouble in Your Trading? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NYSE:CPE

Callon Petroleum (CPE) Stock Forecast, Price & News

$30.62
-0.35 (-1.13%)
(As of 05/31/2023 ET)
Compare
Today's Range
$30.14
$30.84
50-Day Range
$30.26
$38.06
52-Week Range
$28.91
$64.08
Volume
1.49 million shs
Average Volume
1.47 million shs
Market Capitalization
$1.89 billion
P/E Ratio
1.36
Dividend Yield
N/A
Price Target
$55.50

Callon Petroleum MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
81.3% Upside
$55.50 Price Target
Short Interest
Bearish
19.97% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.14mentions of Callon Petroleum in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$935,000 Bought Last Quarter
Proj. Earnings Growth
-1.36%
From $8.85 to $8.73 Per Share

Overall MarketRank

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

2.44 out of 5 stars

Oils/Energy Sector

117th out of 249 stocks

Crude Petroleum & Natural Gas Industry

51st out of 80 stocks


CPE stock logo

About Callon Petroleum (NYSE:CPE) Stock

Callon Petroleum Co. engages in the exploration, development, acquisition, and production of oil and natural gas properties in the United States. It focuses on unconventional oil and natural gas reserves in the Permian Basin. The company was founded by Sim C. Callon and John S. Callon in 1950 and is headquartered in Houston, TX.

Receive CPE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Callon Petroleum and its competitors with MarketBeat's FREE daily newsletter.

CPE Stock News Headlines

Oil & Gas Producer Denbury Etching Cup-With-Handle Base (CPE)
Denbury (NYSE: DEN), which went public for the second time a year ago, following a restructuring, has been etching a base since late June. It's now forming a handle below a potential buy point of $75.20.
Callon Petroleum (NYSE: CPE)
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
Analysts Set Callon Petroleum (NYSE:CPE) PT at $56.63
J.P. Morgan Keeps Their Hold Rating on Callon (CPE)
Callon Petroleum (NYSE:CPE) Shares Gap Up to $30.68
See More Headlines
Receive CPE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Callon Petroleum and its competitors with MarketBeat's FREE daily newsletter.

CPE Company Calendar

Last Earnings
5/03/2023
Today
6/01/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
13123X10
Employees
322
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$55.50
High Stock Price Forecast
$71.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+81.3%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$1.21 billion
Pretax Margin
46.43%

Debt

Sales & Book Value

Annual Sales
$3.23 billion
Cash Flow
$21.26 per share
Book Value
$58.99 per share

Miscellaneous

Free Float
60,756,000
Market Cap
$1.89 billion
Optionable
Optionable
Beta
2.73

Key Executives

  • Joseph C. Gatto
    President, Chief Executive Officer & Director
  • Jeffrey Scott Balmer
    Chief Operating Officer & Senior Vice President
  • Kevin E. Haggard
    Chief Financial Officer & Senior Vice President
  • Angie Day
    Chief Information Officer & Vice President
  • Carrie Endorf
    Vice President-Asset Development & Technology













CPE Stock - Frequently Asked Questions

Should I buy or sell Callon Petroleum stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CPE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CPE, but not buy additional shares or sell existing shares.
View CPE analyst ratings
or view top-rated stocks.

What is Callon Petroleum's stock price forecast for 2023?

9 brokers have issued 1 year price targets for Callon Petroleum's shares. Their CPE share price forecasts range from $36.00 to $71.00. On average, they expect the company's stock price to reach $55.50 in the next twelve months. This suggests a possible upside of 81.3% 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 17.4% and is now trading at $30.62.
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 May. As of May 15th, there was short interest totaling 10,450,000 shares, an increase of 17.8% from the April 30th total of 8,870,000 shares. Based on an average daily volume of 1,680,000 shares, the short-interest ratio is currently 6.2 days. Currently, 20.0% of the company's shares 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, August 2nd 2023.
View our CPE earnings forecast
.

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) announced its earnings results on Wednesday, May, 3rd. The oil and natural gas company reported $1.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.96 by $0.02. The oil and natural gas company had revenue of $560 million for the quarter, compared to analysts' expectations of $535.29 million. Callon Petroleum had a trailing twelve-month return on equity of 27.29% and a net margin of 46.15%. The firm's revenue was down 27.9% compared to the same quarter last year. During the same period last year, the firm posted $3.43 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.09%), State Street Corp (6.05%), Dimensional Fund Advisors LP (4.45%), FMR LLC (3.10%), Geode Capital Management LLC (1.51%) and Condire Management LP (1.37%). 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 $30.62.

How much money does Callon Petroleum make?

Callon Petroleum (NYSE:CPE) has a market capitalization of $1.89 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 $22.48 on an earnings per share basis.

How many employees does Callon Petroleum have?

The company employs 322 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 6/1/2023 by MarketBeat.com Staff

My Account -