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T   19.83 (-2.22%)
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GE   81.96 (-2.36%)
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NYSE:CPE

Callon Petroleum - CPE Stock Forecast, Price & News

$40.21
-0.34 (-0.84%)
(As of 02/3/2023 04:28 PM ET)
Add
Compare
Today's Range
$40.12
$42.29
50-Day Range
$34.20
$43.89
52-Week Range
$31.23
$66.48
Volume
1.18 million shs
Average Volume
978,192 shs
Market Capitalization
$2.48 billion
P/E Ratio
2.02
Dividend Yield
N/A
Price Target
$66.63

Callon Petroleum MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
65.7% Upside
$66.63 Price Target
Short Interest
Healthy
10.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.25mentions of Callon Petroleum in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-13.23%
From $14.66 to $12.72 Per Share

Overall MarketRank

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

2.13 out of 5 stars

Oils/Energy Sector

151st out of 241 stocks

Crude Petroleum & Natural Gas Industry

59th out of 75 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.

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CPE Stock News Headlines

Callon Petroleum (NYSE:CPE) Short Interest Update
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
CPE.MW - | Stock Price & Latest News | Reuters
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Callon Petroleum: A Look At Its Potential 2023 Results
Can Refracs Boost U.S. Shale Output?
Oneok Inc. (OKE) Q3 Earnings Surpass Estimates
Callon Petroleum: Debt Maturities Look Quite Manageable
2CPE : What Are Whales Doing With Callon Petroleum
See More Headlines
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CPE Company Calendar

Last Earnings
11/03/2021
Today
2/03/2023
Next Earnings (Estimated)
2/22/2023
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
$66.63
High Stock Price Forecast
$94.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+65.7%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$365.15 million
Pretax Margin
38.18%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$13.91 per share
Book Value
$33.41 per share

Miscellaneous

Free Float
60,500,000
Market Cap
$2.48 billion
Optionable
Optionable
Beta
2.69

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 year. 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 equities research analysts have issued 12-month target prices for Callon Petroleum's stock. Their CPE share price forecasts range from $45.00 to $94.00. On average, they anticipate the company's stock price to reach $66.63 in the next twelve months. This suggests a possible upside of 65.7% 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 increased by 8.4% and is now trading at $40.21.
View the best growth stocks for 2023 here
.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 5,500,000 shares, a decrease of 6.5% from the December 31st total of 5,880,000 shares. Based on an average daily trading volume, of 1,220,000 shares, the short-interest ratio is presently 4.5 days. Currently, 10.5% of the company's stock are sold short.
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, February 22nd 2023.
View our CPE earnings forecast
.

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) issued its quarterly earnings data on Wednesday, November, 3rd. The oil and natural gas company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.49 by $0.44. The oil and natural gas company had revenue of $552.56 million for the quarter, compared to the consensus estimate of $418.44 million. Callon Petroleum had a trailing twelve-month return on equity of 38.40% and a net margin of 37.99%. During the same period last year, the company posted $0.64 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 number of retail and institutional investors. Top institutional investors include Post Oak Energy Holdings LLC (1.50%), Allspring Global Investments Holdings LLC (1.00%), Peregrine Capital Management LLC (0.62%), Simplex Trading LLC (0.00%), Ellis Investment Partners LLC (0.08%) and New York State Teachers Retirement System (0.08%). Insiders that own company stock include 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 $40.21.

How much money does Callon Petroleum make?

Callon Petroleum (NYSE:CPE) has a market capitalization of $2.48 billion and generates $2.05 billion in revenue each year. The oil and natural gas company earns $365.15 million in net income (profit) each year or $19.92 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 2/3/2023 by MarketBeat.com Staff