Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional onshore, oil, and natural gas reserves in the Permian Basin in West Texas. As of December 31, 2017, its estimated net proved reserves totaled 137.0 million barrel of oil equivalent. The company was founded in 1950 and is headquartered in Natchez, Mississippi.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:CPE
Previous Symbol
CUSIP13123X10
Phone601-442-1601
Debt
Debt-to-Equity Ratio0.46
Current Ratio0.57
Quick Ratio0.57
Price-To-Earnings
Trailing P/E Ratio16.88
Forward P/E Ratio8.02
P/E GrowthN/A
Sales & Book Value
Annual Sales$366.47 million
Price / Sales4.38
Cash Flow$0.9632 per share
Price / Cash Flow7.33
Book Value$9.20 per share
Price / Book0.77
Profitability
EPS (Most Recent Fiscal Year)$0.42
Net Income$120.42 million
Net Margins30.70%
Return on Equity8.31%
Return on Assets5.41%
Miscellaneous
Employees169
Outstanding Shares227,580,000
Market Cap$1.75 billion
OptionableOptionable
Callon Petroleum (NYSE:CPE) Frequently Asked Questions
What is Callon Petroleum's stock symbol?
Callon Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPE."
How were Callon Petroleum's earnings last quarter?
Callon Petroleum (NYSE:CPE) issued its earnings results on Tuesday, November, 6th. The oil and natural gas company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The oil and natural gas company earned $161.21 million during the quarter, compared to analysts' expectations of $145.66 million. Callon Petroleum had a net margin of 30.70% and a return on equity of 8.31%. The business's revenue for the quarter was up 90.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS. View Callon Petroleum's Earnings History.
When is Callon Petroleum's next earnings date?
What price target have analysts set for CPE?
22 Wall Street analysts have issued twelve-month target prices for Callon Petroleum's stock. Their predictions range from $9.00 to $21.00. On average, they anticipate Callon Petroleum's share price to reach $15.4211 in the next year. This suggests a possible upside of 116.6% from the stock's current price. View Analyst Price Targets for Callon Petroleum.
What is the consensus analysts' recommendation for Callon Petroleum?
22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 3 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callon Petroleum.
Has Callon Petroleum been receiving favorable news coverage?
Headlines about CPE stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Callon Petroleum earned a news impact score of 1.8 on InfoTrie's scale. They also gave news stories about the oil and natural gas company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the next several days.
Are investors shorting Callon Petroleum?
Callon Petroleum saw a decrease in short interest during the month of November. As of November 30th, there was short interest totalling 43,724,810 shares, a decrease of 13.5% from the November 15th total of 50,573,976 shares. Based on an average trading volume of 4,072,072 shares, the days-to-cover ratio is presently 10.7 days. Approximately 19.4% of the company's stock are short sold. View Callon Petroleum's Current Options Chain.
Who are some of Callon Petroleum's key competitors?
Some companies that are related to Callon Petroleum include Cimarex Energy (XEC), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), EQT (EQT), Murphy Oil (MUR), Antero Resources (AR), Centennial Resource Development (CDEV), Viper Energy Partners (VNOM), Black Stone Minerals (BSM), Vermilion Energy (VET), Range Resources (RRC), Newfield Exploration (NFX), Magnolia Oil & Gas (MGY) and Whiting Petroleum (WLL).
Who are Callon Petroleum's key executives?
Callon Petroleum's management team includes the folowing people:
- Mr. Joseph C. Gatto Jr., Pres, CEO & Director (Age 47)
- Mr. James P. Ulm II, Sr. VP & CFO (Age 54)
- Mr. Gary A. Newberry, Sr. VP & COO (Age 63)
- Ms. Mitzi P. Conn, VP, Chief Accounting Officer & Corp. Controller (Age 49)
- Ms. Correne S. Loeffler, VP of Fin. & Treasurer (Age 41)
Who are Callon Petroleum's major shareholders?
Callon Petroleum's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.23%), Vanguard Group Inc. (8.96%), Vanguard Group Inc (8.96%), Dimensional Fund Advisors LP (7.93%), Bank of New York Mellon Corp (2.69%) and Channing Capital Management LLC (2.68%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry, Jerry A Weant and Mitzi P Conn. View Institutional Ownership Trends for Callon Petroleum.
Which institutional investors are selling Callon Petroleum stock?
CPE stock was sold by a variety of institutional investors in the last quarter, including Luminus Management LLC, Columbus Circle Investors, Wilks Brothers LLC, Point72 Asset Management L.P., Tributary Capital Management LLC, Morgan Stanley, Paloma Partners Management Co and Marshall Wace North America L.P.. View Insider Buying and Selling for Callon Petroleum.
Which institutional investors are buying Callon Petroleum stock?
CPE stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, BlackRock Inc., BlueMountain Capital Management LLC, Vanguard Group Inc, Vanguard Group Inc., Walthausen & Co. LLC, Key Group Holdings Cayman LTD. and Glenmede Trust Co. NA. View Insider Buying and Selling for Callon Petroleum.
How do I buy shares of Callon Petroleum?
Shares of CPE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Callon Petroleum's stock price today?
One share of CPE stock can currently be purchased for approximately $7.12.
How big of a company is Callon Petroleum?
Callon Petroleum has a market capitalization of $1.75 billion and generates $366.47 million in revenue each year. The oil and natural gas company earns $120.42 million in net income (profit) each year or $0.42 on an earnings per share basis. Callon Petroleum employs 169 workers across the globe.
What is Callon Petroleum's official website?
How can I contact Callon Petroleum?
Callon Petroleum's mailing address is 200 North Canal Street, NATCHEZ MS, 39120. The oil and natural gas company can be reached via phone at 601-442-1601 or via email at [email protected]
MarketBeat Community Rating for Callon Petroleum (NYSE CPE)
MarketBeat's community ratings are surveys of what our community members think about Callon Petroleum and other stocks. Vote "Outperform" if you believe CPE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CPE will underperform the S&P 500 over the long term. You may vote once every thirty days.
