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NYSE:CPE

Callon Petroleum - CPE Stock Forecast, Price & News

$45.95
+0.05 (+0.11%)
(As of 10/7/2022 12:33 PM ET)
Add
Compare
Today's Range
$45.24
$46.80
50-Day Range
$31.36
$46.04
52-Week Range
$31.23
$66.48
Volume
59,171 shs
Average Volume
1.79 million shs
Market Capitalization
$2.83 billion
P/E Ratio
3.13
Dividend Yield
N/A
Price Target
$71.63

Callon Petroleum MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
50.0% Upside
$70.13 Price Target
Short Interest
Healthy
12.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.84mentions of Callon Petroleum in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.05%
From $15.69 to $17.58 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.76 out of 5 stars

Oils/Energy Sector

30th out of 249 stocks

Crude Petroleum & Natural Gas Industry

17th out of 79 stocks

CPE stock logo

About Callon Petroleum (NYSE:CPE) Stock

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. As of December 31, 2021, its estimated net proved reserves totaled approximately 484.6 million barrel of oil equivalent, including 290.3 MMBbls oil, 577.3 Bcf of natural gas, and 98.1 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.

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CPE Stock News Headlines

2CPE : What Are Whales Doing With Callon Petroleum
Noteworthy Friday Option Activity: DG, COLM, CPE
Why Is Callon (CPE) Up 10.1% Since Last Earnings Report?
What 8 Analyst Ratings Have To Say About Callon Petroleum
7 Analysts Have This to Say About Callon Petroleum
Callon Petroleum Whale Trades For June 16
See More Headlines
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CPE Company Calendar

Last Earnings
8/03/2022
Today
10/07/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
13123X10
Employees
322
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$70.13
High Stock Price Forecast
$94.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+55.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$365.15 million
Pretax Margin
28.96%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$15.07 per share
Book Value
$33.41 per share

Miscellaneous

Free Float
60,580,000
Market Cap
$2.83 billion
Optionable
Optionable
Beta
2.67

Key Executives

  • Mr. Joseph C. Gatto Jr. (Age 51)
    Pres, CEO & Director
    Comp: $3.62M
  • Mr. Kevin E. Haggard (Age 51)
    Sr. VP & CFO
    Comp: $1.17M
  • Dr. Jeffrey S. Balmer Ph.D. (Age 57)
    Sr. VP & COO
    Comp: $2.04M
  • Mr. Gregory F. ConawayMr. Gregory F. Conaway (Age 47)
    VP & Chief Accounting Officer
    Comp: $950.37k
  • Ms. Michol L. Ecklund (Age 47)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.52M
  • Mr. James P. Ulm II (Age 58)
    Consultant
    Comp: $1.28M
  • Mr. Kevin C. Smith
    Director of Investor Relations
  • Mr. Liam Kelly
    VP of Corp. Devel.
  • Mr. J. Michael Hastings
    VP of Marketing
  • Clay V. Bland
    Assistant Corp. Sec. & Risk Mang.













CPE Stock - Frequently Asked Questions

Should I buy or sell Callon Petroleum stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CPE shares. 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.
View CPE analyst ratings
or view top-rated stocks.

What is Callon Petroleum's stock price forecast for 2022?

9 brokers have issued 12 month price targets for Callon Petroleum's stock. Their CPE share price forecasts range from $45.00 to $94.00. On average, they predict the company's stock price to reach $70.13 in the next year. This suggests a possible upside of 52.8% from the stock's current price.
View analysts price targets for CPE
or view top-rated stocks among Wall Street analysts.

How have CPE shares performed in 2022?

Callon Petroleum's stock was trading at $47.25 at the beginning of the year. Since then, CPE shares have decreased by 2.9% and is now trading at $45.90.
View the best growth stocks for 2022 here
.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 6,140,000 shares, a drop of 7.5% from the August 15th total of 6,640,000 shares. Based on an average daily trading volume, of 1,700,000 shares, the days-to-cover ratio is currently 3.6 days. Approximately 12.5% of the company's shares are short sold.
View Callon Petroleum's Short Interest
.

When is Callon Petroleum's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our CPE earnings forecast
.

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) issued its quarterly earnings results on Wednesday, August, 3rd. The oil and natural gas company reported $3.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.00 by $0.32. The oil and natural gas company had revenue of $913.62 million for the quarter, compared to analyst estimates of $686.84 million. Callon Petroleum had a trailing twelve-month return on equity of 42.31% and a net margin of 28.78%.

What is Fred L. Callon's approval rating as Callon Petroleum's CEO?

2 employees have rated Callon Petroleum Chief Executive Officer Fred L. Callon on Glassdoor.com. Fred L. Callon has an approval rating of 73% among the company's employees.

What other stocks do shareholders of Callon Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Callon Petroleum investors own include Oasis Petroleum (OAS), Bank of America (BAC), Range Resources (RRC), Energy Transfer (ET), Ford Motor (F), Advanced Micro Devices (AMD), General Electric (GE), Boeing (BA), AT&T (T) and Coeur Mining (CDE).

What is Callon Petroleum's stock symbol?

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

Who are Callon Petroleum's major shareholders?

Callon Petroleum's stock is owned by a variety of retail and institutional investors. Top institutional investors include Moody National Bank Trust Division (0.02%). Insiders that own company stock include Bpp Energy Partners Llc, Bpp Holdco Llc, Gregory F Conaway, Holdings LP Blackstone III, Primexx Energy Partners, Ltd, S P Iv Johnson and Steven A Webster.
View institutional ownership trends
.

How do I buy shares of Callon Petroleum?

Shares of CPE stock 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.
Compare Top Brokerages Here.

What is Callon Petroleum's stock price today?

One share of CPE stock can currently be purchased for approximately $45.90.

How much money does Callon Petroleum make?

Callon Petroleum (NYSE:CPE) has a market capitalization of $2.83 billion and generates $2.05 billion in revenue each year. The oil and natural gas company earns $365.15 million in net income (profit) each year or $14.69 on an earnings per share basis.

How many employees does Callon Petroleum have?

The company employs 322 workers across the globe.

How can I contact Callon Petroleum?

Callon Petroleum's mailing address is 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042. The official website for the company is www.callon.com. The oil and natural gas company can be reached via phone at (281) 589-5200, via email at ir@callon.com, or via fax at 601-446-1410.

This page (NYSE:CPE) was last updated on 10/7/2022 by MarketBeat.com Staff

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