Callon Petroleum Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last twelve months. There are currently 4 sell ratings, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Callon Petroleum stock. 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.
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Callon Petroleum is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Callon Petroleum.

Callon Petroleum (NYSE:CPE) posted its earnings results on Tuesday, February, 23rd. The oil and natural gas company reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.50. The oil and natural gas company had revenue of $295.97 million for the quarter, compared to analyst estimates of $261.57 million. Callon Petroleum had a positive trailing twelve-month return on equity of 5.38% and a negative net margin of 219.88%.
View Callon Petroleum's earnings history.

Callon Petroleum's stock was trading at $0.6042 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CPE shares have increased by 5,727.5% and is now trading at $35.21.
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14 Wall Street analysts have issued twelve-month target prices for Callon Petroleum's shares. Their forecasts range from $1.00 to $38.00. On average, they anticipate Callon Petroleum's stock price to reach $15.16 in the next year. This suggests that the stock has a possible downside of 56.9%.
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2 employees have rated Callon Petroleum CEO Fred L. Callon on Glassdoor.com. Fred L. Callon has an approval rating of 73% among Callon Petroleum's employees.

Some companies that are related to Callon Petroleum include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Cabot Oil & Gas (COG), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE), Southwestern Energy (SWN), Matador Resources (MTDR), Range Resources (RRC) and SM Energy (SM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Callon Petroleum investors own include (OAS), Bank of America (BAC), Range Resources (RRC), Energy Transfer (ET), Ford Motor (F), Advanced Micro Devices (AMD), General Electric (GE), The Boeing (BA), AT&T (T) and Coeur Mining (CDE).

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

Shares of CPE 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.
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One share of CPE stock can currently be purchased for approximately $35.21.

Callon Petroleum has a market capitalization of $1.63 billion and generates $671.57 million in revenue each year. The oil and natural gas company earns $67.93 million in net income (profit) each year or $7.60 on an earnings per share basis.

Callon Petroleum employs 475 workers across the globe.

The official website for Callon Petroleum is www.callon.com.

Callon Petroleum is headquartered at 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042.

Callon Petroleum's mailing address is 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042. The oil and natural gas company can be reached via phone at 281-589-5200 or via email at [email protected]