NYSE:CPE - Callon Petroleum Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $8.34 +0.23 (+2.84 %) (As of 04/22/2019 02:44 PM ET)Previous Close$8.11Today's Range$8.23 - $8.4552-Week Range$5.57 - $14.65Volume127,759 shsAverage Volume5.58 million shsMarket Capitalization$1.90 billionP/E Ratio10.16Dividend YieldN/ABeta1.53 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 and southeastern New Mexico. As of December 31, 2018, its estimated net proved reserves totaled 238.5 million barrel of oil equivalent, including 180.1 MMBbls of oil and 350.5 Bcf of natural gas. The company was founded in 1950 and is headquartered in Houston, Texas. Receive CPE News and Ratings via Email Sign-up to receive the latest news and ratings for CPE and its competitors with MarketBeat's FREE daily newsletter. 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 CIK928022 Webwww.callon.com Phone281-589-5200Debt Debt-to-Equity Ratio0.49 Current Ratio0.71 Quick Ratio0.71Price-To-Earnings Trailing P/E Ratio10.16 Forward P/E Ratio9.59 P/E Growth0.84 Sales & Book Value Annual Sales$587.62 million Price / Sales3.23 Cash Flow$1.6848 per share Price / Cash Flow4.95 Book Value$10.74 per share Price / Book0.78Profitability EPS (Most Recent Fiscal Year)$0.82 Net Income$300.36 million Net Margins51.11% Return on Equity8.11% Return on Assets5.14%Miscellaneous Employees218 Outstanding Shares227,880,000Market Cap$1.90 billion Next Earnings Date5/6/2019 (Confirmed) 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) posted its earnings results on Tuesday, February, 26th. The oil and natural gas company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by $0.05. The oil and natural gas company earned $161.90 million during the quarter, compared to analyst estimates of $164.50 million. Callon Petroleum had a net margin of 51.11% and a return on equity of 8.11%. 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 Monday, May 6th 2019. View Earnings Estimates for Callon Petroleum. How can I listen to Callon Petroleum's earnings call? Callon Petroleum will be holding an earnings conference call on Tuesday, May 7th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003. What price target have analysts set for CPE? 19 equities research analysts have issued 1 year target prices for Callon Petroleum's stock. Their predictions range from $9.00 to $21.00. On average, they expect Callon Petroleum's share price to reach $14.1333 in the next twelve months. This suggests a possible upside of 69.5% from the stock's current price. View Analyst Price Targets for Callon Petroleum. What is the consensus analysts' recommendation for Callon Petroleum? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 4 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callon Petroleum. What are Wall Street analysts saying about Callon Petroleum stock? Here are some recent quotes from research analysts about Callon Petroleum stock: 1. Williams Capital analysts commented, "We are not surprised by the Ranger sale as chaer about the assets being marketed started back in early February. We view the transacon as posive as it improves the company’s bal ance sheet and liquidity, as well as high-grades its porolio. With the a nnounced transacons, we model a ~0.4x and ~0.3x improvement to its 2019 and 2020 net-debt/EBITDA metrics, respecvely, as well as to its EV/EBIT DA valuaon. We expect CPE shares to outperform on the announced transacons . We reaﬃrm our Buy rang and CPE remains our top pick small-cap on our high convicon in management’s ability to execute on its plans and c ross over to a sustainable free cash ﬂow model." (4/9/2019) 2. According to Zacks Investment Research, "Callon Petroleum’s operation is solely focused on the Permian Basin, which is the highest-producing shale play in the United States. The company boasts an impressive footprint (86,000 net acres) throughout the basin. Moreover, unlike most of the explorers in the region, the company is not significantly exposed to Permian bottlenecks as it has reserved pipeline networks to transport roughly 90% of its produced liquid volumes to the local refineries. Also, due to the Ward County acquisition and a strong performance from its Spur area assets, the company’s output is expected to surge in the near future. However, the company’s increasing operating expenses is a concern. In fact, for 2019 LOE is expected to significantly increase. Moreover, in the past few years, the company’s free cash flow remained negative, even though oil price recovered significantly from the 2016 lows. Therefore, the stock warrants a cautious stance." (3/18/2019) Has Callon Petroleum been receiving favorable news coverage? Media headlines about CPE stock have trended somewhat positive on Monday, according to InfoTrie. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of 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 1.7 on InfoTrie's scale. They also assigned news articles about the oil and natural gas company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the immediate future. Are investors shorting Callon Petroleum? Callon Petroleum saw a increase in short interest in March. As of March 29th, there was short interest totalling 45,414,164 shares, an increase of 2.3% from the March 15th total of 44,401,198 shares. Based on an average trading volume of 4,556,909 shares, the short-interest ratio is currently 10.0 days. Approximately 20.1% of the shares of the stock are sold short. View Callon Petroleum's Current Options Chain. Who are some of Callon Petroleum's key competitors? Some companies that are related to Callon Petroleum include Cimarex Energy (XEC), Energen (EGN), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), EQT (EQT), Chesapeake Energy (CHK), Murphy Oil (MUR), Viper Energy Partners (VNOM), Vermilion Energy (VET), Eclipse Resources (ECR), Black Stone Minerals (BSM), Newfield Exploration (NFX), Magnolia Oil & Gas (MGY) and PDC Energy (PDCE). 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 Range Resources (RRC), Alerian MLP (AMLP), Coeur Mining (CDE), Halcon Resources (HK), Oasis Petroleum (OAS), OFG Bancorp (OFG), Advanced Micro Devices (AMD), Ford Motor (F), Chesapeake Energy (CHK) and Cypress Semiconductor (CY). 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 48)Mr. James P. Ulm II, Sr. VP & CFO (Age 55)Ms. Mitzi P. Conn, VP, Chief Accounting Officer & Corp. Controller (Age 50)Ms. Correne S. Loeffler, VP of Fin. & Treasurer (Age 42)Mr. Jeffrey S. Balmer, Sr. VP & COO (Age 54) 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 Copper Rock Capital Partners LLC (0.93%), Tributary Capital Management LLC (0.92%), Retirement Systems of Alabama (0.45%), Peregrine Capital Management LLC (0.41%), Viking Fund Management LLC (0.10%) and E&G Advisors LP (0.02%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry 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 Viking Fund Management LLC, Copper Rock Capital Partners LLC, E&G Advisors LP and Peregrine Capital Management LLC. View Insider Buying and Selling for Callon Petroleum. Which major investors are buying Callon Petroleum stock? CPE stock was bought by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Virtu Financial LLC, Nisa Investment Advisors LLC and Retirement Systems of Alabama. 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 $8.34. How big of a company is Callon Petroleum? Callon Petroleum has a market capitalization of $1.90 billion and generates $587.62 million in revenue each year. The oil and natural gas company earns $300.36 million in net income (profit) each year or $0.82 on an earnings per share basis. Callon Petroleum employs 218 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 1401 enclave parkway suite 600, HOUSTON TX, 77077. The oil and natural gas company can be reached via phone at 281-589-5200 or via email at [email protected] MarketBeat Community Rating for Callon Petroleum (NYSE CPE)Community Ranking: 3.3 out of 5 ( )Outperform Votes: 774 (Vote Outperform)Underperform Votes: 382 (Vote Underperform)Total Votes: 1,156MarketBeat'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 4/22/2019 by MarketBeat.com StaffFeatured Article: What is a short straddle?