NYSE:CPE Callon Petroleum Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Callon Petroleum Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.85 -0.40 (-7.62 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$4.84Now: $4.85▼$5.2850-Day Range$1.04MA: $6.35▼$10.6952-Week Range$3.80Now: $4.85▼$49.80Volume4.22 million shsAverage Volume3.15 million shsMarket Capitalization$192.78 millionP/E RatioN/ADividend YieldN/ABeta2.91 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.9 Analyst's Opinion Consensus RatingCallon Petroleum has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on 3 buy ratings, 12 hold ratings, and 6 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.40, Callon Petroleum has a forecasted downside of 9.2% from its current price of $4.85.Amount of Analyst CoverageCallon Petroleum has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.2 Community Rank Outperform VotesCallon Petroleum has received 888 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCallon Petroleum has received 500 “underperform” votes. (Add your “underperform” vote.)Community SentimentCallon Petroleum has received 63.98% “outperform” votes from our community.MarketBeat'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. Previous Next 0.0 Dividend Strength Dividend YieldCallon Petroleum does not currently pay a dividend.Dividend GrowthCallon Petroleum does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Callon Petroleum insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.80% of the stock of Callon Petroleum is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Callon Petroleum are expected to grow by 58.82% in the coming year, from $2.04 to $3.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Callon Petroleum is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Callon Petroleum is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCallon Petroleum has a P/B Ratio of 0.06. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.9Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.53 out of 5 stars 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 Ratio1.78 Current Ratio0.34 Quick Ratio0.34Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio2.38 P/E GrowthN/A Sales & Book Value Annual Sales$671.57 million Price / Sales0.29 Cash Flow$9.51 per share Price / Cash Flow0.51 Book Value$81.27 per share Price / Book0.06Profitability EPS (Most Recent Fiscal Year)$7.60 Net Income$67.93 million Net Margins-164.77% Return on Equity5.70% Return on Assets2.58%Miscellaneous Employees218 Outstanding Shares39,748,000Market Cap$192.78 million Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $4.85 -0.40 (-7.62 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Callon Petroleum (NYSE:CPE) Frequently Asked Questions How has Callon Petroleum's stock been impacted by Coronavirus (COVID-19)? Callon Petroleum's stock was trading at $0.6042 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CPE shares have increased by 702.7% and is now trading at $4.85. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Callon Petroleum? 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 6 sell ratings, 12 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Callon Petroleum. When is Callon Petroleum's next earnings date? Callon Petroleum is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for Callon Petroleum. How were Callon Petroleum's earnings last quarter? Callon Petroleum (NYSE:CPE) released its quarterly earnings data on Tuesday, August, 4th. The oil and natural gas company reported $0.01 EPS for the quarter, topping the Zacks' consensus estimate of ($0.02) by $0.03. The oil and natural gas company had revenue of $157.23 million for the quarter, compared to analysts' expectations of $201.53 million. Callon Petroleum had a negative net margin of 164.77% and a positive return on equity of 5.70%. View Callon Petroleum's earnings history. What price target have analysts set for CPE? 21 brokers have issued 1 year price targets for Callon Petroleum's stock. Their forecasts range from $0.50 to $13.00. On average, they expect Callon Petroleum's stock price to reach $4.40 in the next year. This suggests that the stock has a possible downside of 9.2%. View analysts' price targets for Callon Petroleum. Are investors shorting Callon Petroleum? Callon Petroleum saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,590,000 shares, an increase of 17.7% from the August 15th total of 5,600,000 shares. Based on an average trading volume of 2,910,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 17.1% of the shares of the stock are short sold. View Callon Petroleum's Short Interest. Who are some of Callon Petroleum's key competitors? Some companies that are related to Callon Petroleum include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Apache (APA), EQT (EQT), Devon Energy (DVN), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC) and Range Resources (RRC). View all competitors. 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), Range Resources (RRC), Bank of America (BAC), Energy Transfer LP Unit (ET), Ford Motor (F), Coeur Mining (CDE), General Electric (GE), Advanced Micro Devices (AMD), Boeing (BA) and Opko Health (OPK). Who are Callon Petroleum's key executives? Callon Petroleum's management team includes the following 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) 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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (80.82%), Silvercrest Asset Management Group LLC (13.57%), Principal Financial Group Inc. (0.97%), Principal Financial Group Inc. (9.73%), Goldman Sachs Group Inc. (9.20%) and First Trust Advisors LP (0.90%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry, Gregory F Conaway and Steven A Webster. View institutional ownership trends for Callon Petroleum. Which institutional investors are selling Callon Petroleum stock? CPE stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Vanguard Group Inc., Bank of America Corp DE, Bank of New York Mellon Corp, Prudential Financial Inc., Principal Financial Group Inc., Principal Financial Group Inc., and Silvercrest Asset Management Group LLC. View insider buying and selling activity for Callon Petroleum. Which institutional investors are buying Callon Petroleum stock? CPE stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Jane Street Group LLC, Point72 Hong Kong Ltd, Sei Investments Co., Virtu Financial LLC, FMR LLC, FMR LLC, and Two Sigma Securities LLC. Company insiders that have bought Callon Petroleum stock in the last two years include Barbara J Faulkenberry, Gregory F Conaway, and Steven A Webster. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Callon Petroleum's stock price today? One share of CPE stock can currently be purchased for approximately $4.85. How big of a company is Callon Petroleum? Callon Petroleum has a market capitalization of $192.78 million and generates $671.57 million in revenue each year. The oil and natural gas company earns $67.93 million in net income (profit) each year or $7.60 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 www.callon.com. How can I contact Callon Petroleum? Callon Petroleum's mailing address is 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042. The oil and natural gas company can be reached via phone at 281-589-5200 or via email at [email protected] This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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