NYSE:CPE

Callon Petroleum Stock Forecast, Price & News

$15.50

-1.16 (-6.96 %)

(As of 01/15/2021 08:00 PM ET)

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Today's Range

$15.35

Now: $15.50▼

$16.42

50-Day Range

$9.51

MA: $13.54▼

$16.66

52-Week Range

$3.80

Now: $15.50▼

$43.00

Volume75,917 shs

Average Volume2.85 million shs

Market Capitalization$616.13 million

P/E RatioN/A

Dividend YieldN/A

Beta3.4

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. As of December 31, 2019, its estimated net proved reserves totaled approximately 540 million barrel of oil equivalent, including 346.4 MMBbls oil, 757.1 Bcf of natural gas, and 67.5 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.

MarketRank^™

Overall MarketRank^™

1.74 out of 5 stars

0.9 Analyst's Opinion

Consensus Rating
Callon Petroleum has received a consensus rating of Hold. The company's average rating score is 1.79, and is based on 2 buy ratings, 11 hold ratings, and 6 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.80, Callon Petroleum has a forecasted downside of 56.1% from its current price of $15.50.
Amount of Analyst Coverage
Callon Petroleum has only been the subject of 3 research reports in the past 90 days.

3.2 Community Rank

Outperform Votes
Callon Petroleum has received 891 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Callon Petroleum has received 513 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Callon Petroleum has received 63.46% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Callon Petroleum does not currently pay a dividend.
Dividend Growth
Callon Petroleum does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Callon Petroleum insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.80% of the stock of Callon Petroleum is held by insiders.
Percentage Held by Institutions
39.74% of the stock of Callon Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Callon Petroleum are expected to grow by 29.73% in the coming year, from $2.22 to $2.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Callon Petroleum is -0.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Callon Petroleum is -0.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Callon Petroleum has a PEG Ratio of 0.47. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Callon Petroleum has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

CIK928022

Webwww.callon.com

Phone281-589-5200

Employees475

Debt

Debt-to-Equity Ratio2.65

Current Ratio0.38

Quick Ratio0.38

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio6.98

P/E Growth0.46

Sales & Book Value

Annual Sales$671.57 million

Price / Sales0.92

Cash Flow$10.69 per share

Price / Cash Flow1.45

Book Value$81.27 per share

Price / Book0.19

Profitability

EPS (Most Recent Fiscal Year)$7.60

Net Income$67.93 million

Net Margins-219.88%

Return on Equity5.38%

Return on Assets2.07%

Miscellaneous

Outstanding Shares39,750,000

Market Cap$616.13 million

Next Earnings Date2/24/2021 (Estimated)

OptionableOptionable

$15.50

-1.16 (-6.96 %)

(As of 01/15/2021 08:00 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Callon Petroleum (NYSE:CPE) Frequently Asked Questions

How has Callon Petroleum's stock been impacted by Coronavirus (COVID-19)?

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 (WHO). Since then, CPE stock has increased by 2,465.4% and is now trading at $15.50.
View which stocks have been most impacted by COVID-19.

Is Callon Petroleum a buy right now?

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last twelve months. There are currently 6 sell ratings, 11 hold ratings and 2 buy ratings 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.
View analyst ratings for Callon Petroleum or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Callon Petroleum?

Wall Street analysts have given Callon Petroleum a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Callon Petroleum wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Callon Petroleum's next earnings date?

Callon Petroleum is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Callon Petroleum.

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) issued its earnings results on Monday, November, 2nd. The oil and natural gas company reported $0.64 EPS for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.49. The oil and natural gas company had revenue of $290.03 million for the quarter, compared to analyst estimates of $248.70 million. Callon Petroleum had a negative net margin of 219.88% and a positive return on equity of 5.38%.
View Callon Petroleum's earnings history.

What price target have analysts set for CPE?

19 brokers have issued 1 year price targets for Callon Petroleum's stock. Their forecasts range from $0.50 to $20.00. On average, they anticipate Callon Petroleum's share price to reach $6.80 in the next year. This suggests that the stock has a possible downside of 56.1%.
View analysts' price targets for Callon Petroleum or view Wall Street analyst' top-rated stocks.

Who are some of Callon Petroleum's key competitors?

Some companies that are related to Callon Petroleum include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Cabot Oil & Gas (COG), Devon Energy (DVN), Continental Resources (CLR), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE), Range Resources (RRC) and Southwestern Energy (SWN).
View all of CPE's competitors.

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 (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).

Who are Callon Petroleum's key executives?

Callon Petroleum's management team includes the following people:

Mr. Joseph C. Gatto Jr., Pres, CEO & Director (Age 50, Pay $1.87M)
Mr. James P. Ulm II, Sr. VP & CFO (Age 57, Pay $988.63k)
Dr. Jeffrey S. Balmer Ph.D., Sr. VP & COO (Age 56, Pay $947.23k)
Mr. Gregory F. Conaway, VP & Chief Accounting Officer (Age 46, Pay $471.58k)
Ms. Michol L. Ecklund, Sr. VP, Gen. Counsel & Corp. Sec. (Age 46, Pay $795.41k)
Mark Brewer, Director of Investor Relations
Mr. Liam Kelly, VP of Corp. Devel.
Mr. J. Michael Hastings, VP of Marketing
Clay V. Bland, Assistant Corp. Sec. & Risk Mang.

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 retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.08%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry, Gregory F Conaway and Steven A Webster.
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 State of Alaska Department of Revenue.
View insider buying and selling activity for Callon Petroleum or view top insider-selling stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Callon Petroleum's stock price today?

One share of CPE stock can currently be purchased for approximately $15.50.

How big of a company is Callon Petroleum?

Callon Petroleum has a market capitalization of $616.17 million 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.

What is Callon Petroleum's official website?

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

How can I contact Callon Petroleum?

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]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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