NYSE:CPE - Callon Petroleum Stock Price, News, & Analysis

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$9.60 -0.04 (-0.41 %)
(As of 11/14/2018 04:00 PM ET)
Previous Close$9.64
Today's Range$9.57 - $10.18
52-Week Range$9.23 - $14.65
Volume5.94 million shs
Average Volume4.96 million shs
Market Capitalization$2.31 billion
P/E Ratio22.86
Dividend YieldN/A
Beta1.06
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.

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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 Ratio22.86
Forward P/E Ratio10.91
P/E GrowthN/A

Sales & Book Value

Annual Sales$366.47 million
Price / Sales5.96
Cash Flow$0.9959 per share
Price / Cash9.64
Book Value$10.06 per share
Price / Book0.95

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$2.31 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) released its quarterly earnings results on Tuesday, November, 6th. The oil and natural gas company reported $0.21 earnings per share for the quarter, topping the Zacks' 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 return on equity of 8.31% and a net margin of 30.70%. The business's revenue for the quarter was up 90.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.09 earnings per share. View Callon Petroleum's Earnings History.

When is Callon Petroleum's next earnings date?

Callon Petroleum is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Callon Petroleum.

What price target have analysts set for CPE?

20 equities research analysts have issued 12 month target prices for Callon Petroleum's shares. Their forecasts range from $12.00 to $21.00. On average, they expect Callon Petroleum's share price to reach $16.40 in the next year. This suggests a possible upside of 70.8% from the stock's current price. View Analyst Price Targets for Callon Petroleum.

What is the consensus analysts' recommendation for Callon Petroleum?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 2 hold ratings and 18 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?

News stories about CPE stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Callon Petroleum earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned headlines about the oil and natural gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 41,245,822 shares, a decline of 12.6% from the October 15th total of 47,185,843 shares. Based on an average daily trading volume, of 4,964,946 shares, the short-interest ratio is currently 8.3 days. Currently, 18.3% of the company's shares are sold short. View Callon Petroleum's Current Options Chain.

Who are some of Callon Petroleum's key competitors?

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%), Dimensional Fund Advisors LP (7.93%), Bank of New York Mellon Corp (2.69%), Channing Capital Management LLC (2.68%), Victory Capital Management Inc. (2.13%) and Franklin Resources Inc. (2.02%). Company insiders that own Callon Petroleum stock include Jerry A Weant and Mitzi P Conn. View Institutional Ownership Trends for Callon Petroleum.

Which major investors are selling Callon Petroleum stock?

CPE stock was sold by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Wilks Brothers LLC, Tributary Capital Management LLC, Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, Vaughan Nelson Investment Management L.P., Victory Capital Management Inc. and First Trust Advisors LP. View Insider Buying and Selling for Callon Petroleum.

Which major 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., Walthausen & Co. LLC, Channing Capital Management LLC, Nikko Asset Management Americas Inc., Moody National Bank Trust Division, Franklin Resources Inc. and Prudential Financial Inc.. 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 $9.60.

How big of a company is Callon Petroleum?

Callon Petroleum has a market capitalization of $2.31 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?

The official website for Callon Petroleum is http://www.callon.com.

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)

Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  730 (Vote Outperform)
Underperform Votes:  348 (Vote Underperform)
Total Votes:  1,078
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.
This page was last updated on 11/14/2018 by MarketBeat.com Staff

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