Callon Petroleum Company Company Profile (NYSE:CPE)

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

Callon Petroleum Company (NYSE:CPE) issued its earnings results on Wednesday, August, 2nd. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.02. The firm earned $82.30 million during the quarter, compared to analyst estimates of $83.89 million. Callon Petroleum Company had a net margin of 34.61% and a return on equity of 4.16%. The business's quarterly revenue was up 82.5% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.61) earnings per share. View Callon Petroleum Company's Earnings History.

Callon Petroleum Company is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Callon Petroleum Company.

24 analysts have issued 1 year target prices for Callon Petroleum Company's shares. Their predictions range from $10.00 to $26.00. On average, they anticipate Callon Petroleum Company's share price to reach $17.57 in the next twelve months. View Analyst Ratings for Callon Petroleum Company.

Here are some recent quotes from research analysts about Callon Petroleum Company stock:

• 1. According to Zacks Investment Research, "Callon Petroleum Company has been engaged in the exploration, development, acquisition and production of oil and gas properties since 1950. " (8/1/2017)
• 2. Mizuho analysts commented, "We increase estimates through '18 to reflect the deferred production ramp into potentially higher oil prices we now anticipate in late '17/'18 from Callon's planned rig adds. We also nudge up '18 production to reflect a fifth rig for all of the year. CPE shares have been under pressure since December, on concerns execution can remain flawless amid another large acquisition. We remain Neutral-rated as we await visibility of the viability of near-term growth objectives and trim our PT to $14 to reflect updated expense assumptions and a more conservative target multiple." (3/1/2017)

Callon Petroleum Company saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 49,467,962 shares, an increase of 24.3% from the September 15th total of 39,805,675 shares. Based on an average trading volume of 5,559,249 shares, the days-to-cover ratio is currently 8.9 days. Approximately 24.8% of the company's stock are sold short.

Some companies that are related to Callon Petroleum Company include WPX Energy (WPX), Vermilion Energy (VET), Black Stone Minerals, L.P. (BSM), Chesapeake Energy Corporation (CHK), Transportadora De Gas Sa Ord B (TGS), Texas Pacific Land Trust (TPL), PDC Energy (PDCE), Kosmos Energy (KOS), Laredo Petroleum (LPI), Southwestern Energy Company (SWN), Matador Resources Company (MTDR), Gulfport Energy Corporation (GPOR), Tullow Oil plc (TLW), Viper Energy Partners LP (VNOM), Enerplus Corporation (ERF), Magellan Petroleum Corporation (TELL), SM Energy Company (SM) and SRC Energy (SRCI).

Callon Petroleum Company's management team includes the folowing people:

• Joseph C. Gatto Jr., President, Chief Executive Officer
• Correne S. Loeffler, Interim Chief Financial Officer, Treasurer
• Gary A. Newberry, Chief Operating Officer, Senior Vice President
• Mitzi P. Conn, Chief Accounting Officer, Vice President
• Jerry A. Weant, Vice President - Land
• L. Richard Flury, Non-Executive Chairman of the Board
• Matthew Regis Bob, Independent Director
• Michael L. Finch CPA, Independent Director
• Larry D. McVay, Independent Director
• Anthony J. Nocchiero, Independent Director

Callon Petroleum Company's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Viking Fund Management LLC (0.54%), Verde Servicos Internacionais S.A. (0.21%), Mutual of America Capital Management LLC (0.09%) and Quantitative Systematic Strategies LLC (0.06%). Company insiders that own Callon Petroleum Company stock include Jerry A Weant and Matthew Regis Bob. View Institutional Ownership Trends for Callon Petroleum Company.

Callon Petroleum Company's stock was sold by a variety of institutional investors in the last quarter, including Viking Fund Management LLC and Verde Servicos Internacionais S.A.. View Insider Buying and Selling for Callon Petroleum Company.

Callon Petroleum Company's stock was purchased by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC and Quantitative Systematic Strategies LLC. Company insiders that have bought Callon Petroleum Company stock in the last two years include Jerry A Weant and Matthew Regis Bob. View Insider Buying and Selling for Callon Petroleum Company.

Shares of Callon Petroleum Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Callon Petroleum Company stock can currently be purchased for approximately $10.97.