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 quarterly earnings data on Wednesday, August, 2nd. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.11 by $0.02. The firm had revenue of $82.30 million for the quarter, compared to analysts' expectations of $83.89 million. Callon Petroleum Company had a net margin of 34.61% and a return on equity of 4.16%. Callon Petroleum Company's revenue was up 82.5% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.61) EPS. View Callon Petroleum Company's Earnings History.

Callon Petroleum Company is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Callon Petroleum Company.

22 brokerages have issued 12 month price targets for Callon Petroleum Company's shares. Their forecasts range from $10.00 to $26.00. On average, they anticipate Callon Petroleum Company's share price to reach $17.64 in the next year. 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 during the month of August. As of August 15th, there was short interest totalling 42,846,823 shares, an increase of 10.7% from the July 31st total of 38,722,065 shares. Based on an average daily volume of 4,716,756 shares, the days-to-cover ratio is currently 9.1 days. Approximately 21.4% of the shares of the company are short sold.

Some companies that are related to Callon Petroleum Company include WPX Energy (WPX), Chesapeake Energy Corporation (CHK), Black Stone Minerals, L.P. (BSM), Transportadora De Gas Sa Ord B (TGS), Laredo Petroleum (LPI), Texas Pacific Land Trust (TPL), Southwestern Energy Company (SWN), PDC Energy (PDCE), Kosmos Energy (KOS), Gulfport Energy Corporation (GPOR), Matador Resources Company (MTDR), Enerplus Corporation (ERF), Magellan Petroleum Corporation (TELL), Tullow Oil plc (TLW), Viper Energy Partners LP (VNOM), SM Energy Company (SM), Whiting Petroleum Corporation (WLL) 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 many different of retail and institutional investors. Top institutional investors include FMR LLC (7.99%), Vanguard Group Inc. (7.98%), BlackRock Inc. (6.42%), State Street Corp (3.89%), Goldman Sachs Group Inc. (3.68%) and Dimensional Fund Advisors LP (3.56%). 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 Discovery Capital Management LLC CT, Teachers Advisors LLC, Principal Financial Group Inc., Vaughan Nelson Investment Management L.P., UBS Oconnor LLC, UBS Asset Management Americas Inc., Cambiar Investors LLC and Castleark Management LLC. View Insider Buying and Selling for Callon Petroleum Company.

Callon Petroleum Company's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Caymus Capital Partners L.P., Balyasny Asset Management LLC, Cramer Rosenthal Mcglynn LLC, Marshall Wace North America L.P., Kennedy Capital Management Inc., Royal Bank of Canada and FMR 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 $11.07.