Callon Petroleum Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 2 sell ratings, 7 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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Wall Street analysts have given Callon Petroleum a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Callon Petroleum wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Callon Petroleum is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Callon Petroleum.

Callon Petroleum (NYSE:CPE) issued its quarterly earnings data on Wednesday, May, 5th. The oil and natural gas company reported $1.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.90 by $0.59. The oil and natural gas company earned $359.88 million during the quarter, compared to the consensus estimate of $278.87 million. Callon Petroleum had a positive trailing twelve-month return on equity of 12.30% and a negative net margin of 256.60%.
View Callon Petroleum's earnings history.

Callon Petroleum's stock was trading at $0.6042 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CPE shares have increased by 8,036.4% and is now trading at $49.16.
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10 analysts have issued 1-year price objectives for Callon Petroleum's shares. Their forecasts range from $1.25 to $54.00. On average, they anticipate Callon Petroleum's stock price to reach $24.60 in the next year. This suggests that the stock has a possible downside of 50.0%.
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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), Cimarex Energy (XEC), Cabot Oil & Gas (COG), EQT (EQT), PDC Energy (PDCE), Matador Resources (MTDR), Range Resources (RRC), Southwestern Energy (SWN) 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."

Callon Petroleum's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.55%), Dimensional Fund Advisors LP (1.57%), Arrowstreet Capital Limited Partnership (1.41%), Principal Financial Group Inc. (1.07%), Principal Financial Group Inc. (1.07%) and Morgan Stanley (0.90%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry, Gregory F Conaway, S P Iv Johnson and Steven A Webster.
View institutional ownership trends for Callon Petroleum.

CPE stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Intrinsic Edge Capital Management LLC, Royal Bank of Canada, UBS Group AG, Russell Investments Group Ltd., SG Americas Securities LLC, Occudo Quantitative Strategies LP, and LSV Asset Management. Company insiders that have sold Callon Petroleum company stock in the last year include Gregory F Conaway, and S P Iv Johnson.
View insider buying and selling activity for Callon Petroleum or view top insider-selling stocks.

CPE stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Kennedy Capital Management Inc., Cubist Systematic Strategies LLC, Point72 Asset Management L.P., Quadrature Capital Ltd, Geode Capital Management LLC, and Principal Financial Group Inc.. Company insiders that have bought Callon Petroleum stock in the last two years include Barbara J Faulkenberry, Gregory F Conaway, and Steven A Webster.
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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 $49.16.

Callon Petroleum has a market capitalization of $2.27 billion and generates $1.03 billion in revenue each year. The oil and natural gas company earns $-2,533,620,000.00 in net income (profit) each year or $2.86 on an earnings per share basis.

Callon Petroleum employs 303 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]