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

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

Callon Petroleum (NYSE:CPE) issued its earnings results on Monday, August, 6th. The oil and natural gas company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.22 by $0.01. The oil and natural gas company had revenue of $137.10 million for the quarter, compared to analysts' expectations of $133.66 million. Callon Petroleum had a return on equity of 8.31% and a net margin of 30.70%. Callon Petroleum's revenue for the quarter was up 66.6% on a year-over-year basis. During the same period last year, the firm earned $0.09 earnings per share. View Callon Petroleum's Earnings History.

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

Callon Petroleum will be holding an earnings conference call on Wednesday, February 27th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.

21 Wall Street analysts have issued 12 month price objectives for Callon Petroleum's shares. Their predictions range from $9.00 to $21.00. On average, they expect Callon Petroleum's stock price to reach $14.7647 in the next twelve months. This suggests a possible upside of 105.6% from the stock's current price. View Analyst Price Targets for Callon Petroleum.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 3 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callon Petroleum.

News coverage about CPE stock has trended somewhat positive this week, according to InfoTrie. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Callon Petroleum earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news articles 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 next few days.

Callon Petroleum saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 57,053,117 shares, an increase of 5.7% from the January 15th total of 53,962,676 shares. Based on an average trading volume of 4,886,968 shares, the short-interest ratio is presently 11.7 days. Currently, 25.2% of the company's shares are short sold. View Callon Petroleum's Current Options Chain.

Some companies that are related to Callon Petroleum include Parsley Energy (PE), WPX Energy (WPX), Murphy Oil (MUR), EQT (EQT), Viper Energy Partners (VNOM), Vermilion Energy (VET), Black Stone Minerals (BSM), Centennial Resource Development (CDEV), Newfield Exploration (NFX), Magnolia Oil & Gas (MGY), Antero Resources (AR), ARC Resources (AETUF), Range Resources (RRC), Whiting Petroleum (WLL) and PDC Energy (PDCE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Callon Petroleum investors own include Oasis Petroleum (OAS), Halcon Resources (HK), Bank of America (BAC), Cypress Semiconductor (CY), Advanced Micro Devices (AMD), Range Resources (RRC), Encana (ECA), Energy Transfer LP Unit (ET), Alibaba Group (BABA) and Chesapeake Energy (CHK).

Callon Petroleum's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.81%), Dimensional Fund Advisors LP (7.83%), Thrivent Financial for Lutherans (3.44%), Barrow Hanley Mewhinney & Strauss LLC (2.75%), Northern Trust Corp (2.62%) and Bank of New York Mellon Corp (2.30%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry and Mitzi P Conn. View Institutional Ownership Trends for Callon Petroleum.

CPE stock was sold by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Channing Capital Management LLC, Bank of New York Mellon Corp, Emerald Mutual Fund Advisers Trust, Columbus Circle Investors, Victory Capital Management Inc., Bank of America Corp DE and RR Advisors LLC. View Insider Buying and Selling for Callon Petroleum.

CPE stock was bought by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, BlackRock Inc., Barrow Hanley Mewhinney & Strauss LLC, Weiss Multi Strategy Advisers LLC, Monarch Partners Asset Management LLC, Ninepoint Partners LP, Hancock Whitney Corp and Oregon Public Employees Retirement Fund. View Insider Buying and Selling for 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.

One share of CPE stock can currently be purchased for approximately $7.18.

Callon Petroleum has a market capitalization of $1.63 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.

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

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]