NYSE:CPE - Callon Petroleum Stock Price, Price Target & More

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

Callon Petroleum (NYSE:CPE) issued its quarterly earnings results on Wednesday, May, 2nd. The oil and natural gas company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.01. The oil and natural gas company earned $127.40 million during the quarter, compared to analyst estimates of $120.69 million. Callon Petroleum had a return on equity of 5.98% and a net margin of 31.28%. The firm's quarterly revenue was up 56.5% on a year-over-year basis. During the same period last year, the company posted $0.22 EPS. View Callon Petroleum's Earnings History.

Callon Petroleum is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Callon Petroleum.

16 Wall Street analysts have issued 1-year price targets for Callon Petroleum's shares. Their predictions range from $12.00 to $21.00. On average, they anticipate Callon Petroleum's stock price to reach $16.00 in the next year. This suggests a possible upside of 44.0% from the stock's current price. View Analyst Ratings for Callon Petroleum.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Callon Petroleum saw a increase in short interest during the month of June. As of June 29th, there was short interest totalling 50,371,796 shares, an increase of 14.4% from the June 15th total of 44,041,150 shares. Based on an average trading volume of 6,899,917 shares, the short-interest ratio is presently 7.3 days. Approximately 22.3% of the shares of the company are short sold. View Callon Petroleum's Current Options Chain.

Some companies that are related to Callon Petroleum include Parsley Energy (PE), Cimarex Energy (XEC), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR), Vermilion Energy (VET), Centennial Resource Development (CDEV), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Range Resources (RRC), PDC Energy (PDCE) and Crescent Point Energy (CPG).

News headlines about CPE stock have trended somewhat positive this week, Accern reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Callon Petroleum earned a news impact score of 0.17 on Accern's scale. They also gave news articles about the oil and natural gas company an impact score of 45.87 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Callon Petroleum's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Channing Capital Management LLC (2.51%), Fisher Asset Management LLC (1.21%), Copper Rock Capital Partners LLC (0.82%), Retirement Systems of Alabama (0.42%), Cambiar Investors LLC (0.22%) and Miller Howard Investments Inc. NY (0.15%). View Institutional Ownership Trends for Callon Petroleum.

CPE stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Cambiar Investors LLC and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Callon Petroleum.

CPE stock was purchased by a variety of institutional investors in the last quarter, including Channing Capital Management LLC, Fisher Asset Management LLC, Viking Fund Management LLC, Retirement Systems of Alabama, Miller Howard Investments Inc. NY, Chesley Taft & Associates LLC, Cerebellum GP LLC and Prospera Financial Services Inc. View Insider Buying and Selling for 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.

One share of CPE stock can currently be purchased for approximately $11.11.

Callon Petroleum has a market capitalization of $2.56 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.

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]