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. As of December 31, 2017, its estimated net proved reserves totaled 137.0 million barrel of oil equivalent. The company was founded in 1950 and is headquartered in Natchez, Mississippi.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:CPE
CUSIP13123X10
Phone601-442-1601
Debt
Debt-to-Equity Ratio0.44
Current Ratio2.61
Quick Ratio2.61
Price-To-Earnings
Trailing P/E Ratio27.79
Forward P/E Ratio13.41
P/E GrowthN/A
Sales & Book Value
Annual Sales$366.47 million
Price / Sales7.25
Cash Flow$1.0318 per share
Price / Cash11.31
Book Value$9.20 per share
Price / Book1.27
Profitability
EPS (Most Recent Fiscal Year)$0.42
Net Income$120.42 million
Net Margins31.27%
Return on Equity7.25%
Return on Assets4.88%
Miscellaneous
Employees169
Outstanding Shares227,570,000
Market Cap$2.71 billion
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 quarterly earnings results on Monday, August, 6th. The oil and natural gas company reported $0.21 EPS for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.01. The oil and natural gas company had revenue of $137.10 million for the quarter, compared to the consensus estimate of $133.66 million. Callon Petroleum had a net margin of 31.27% and a return on equity of 7.25%. The company's quarterly revenue was up 66.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.09 earnings per share. View Callon Petroleum's Earnings History.
When is Callon Petroleum's next earnings date?
What price target have analysts set for CPE?
18 brokers have issued twelve-month price targets for Callon Petroleum's shares. Their predictions range from $12.00 to $21.00. On average, they anticipate Callon Petroleum's stock price to reach $16.3333 in the next year. This suggests a possible upside of 40.0% from the stock's current price. View Analyst Price Targets for Callon Petroleum.
What is the consensus analysts' recommendation for Callon Petroleum?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callon Petroleum.
Are investors shorting Callon Petroleum?
Callon Petroleum saw a decrease in short interest in September. As of September 28th, there was short interest totalling 39,519,232 shares, a decrease of 9.1% from the September 14th total of 43,477,208 shares. Based on an average daily volume of 3,821,878 shares, the days-to-cover ratio is currently 10.3 days. Currently, 17.5% of the company's stock are short sold. 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 Encana (ECA), Cenovus Energy (CVE), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), Energen (EGN), WPX Energy (WPX), RSP Permian (RSPP), Murphy Oil (MUR), Antero Resources (AR), Centennial Resource Development (CDEV), Newfield Exploration (NFX), Viper Energy Partners (VNOM), Vermilion Energy (VET) and Range Resources (RRC).
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 47)
- Mr. James P. Ulm II, Sr. VP & CFO (Age 54)
- Mr. Gary A. Newberry, Sr. VP & COO (Age 63)
- Ms. Mitzi P. Conn, VP, Chief Accounting Officer & Corp. Controller (Age 49)
- Ms. Correne S. Loeffler, VP of Fin. & Treasurer (Age 41)
Who are Callon Petroleum's major shareholders?
Callon Petroleum's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Copper Rock Capital Partners LLC (0.79%), Tributary Capital Management LLC (0.65%), Tributary Capital Management LLC (0.43%), Peregrine Capital Management LLC (0.21%), Nikko Asset Management Americas Inc. (0.17%) and Aperio Group LLC (0.05%). Company insiders that own Callon Petroleum stock include Jerry A Weant and Mitzi P Conn. 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 Tributary Capital Management LLC, Copper Rock Capital Partners LLC, Tributary Capital Management LLC and Peregrine Capital Management LLC. View Insider Buying and Selling for Callon Petroleum.
Which institutional investors are buying Callon Petroleum stock?
CPE stock was purchased by a variety of institutional investors in the last quarter, including Nikko Asset Management Americas Inc., Deltec Asset Management LLC, Seven Eight Capital LP, Aperio Group LLC, Fox Run Management L.L.C., First Hawaiian Bank and Strs Ohio. 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 $11.67.
How big of a company is Callon Petroleum?
Callon Petroleum has a market capitalization of $2.71 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.
What is Callon Petroleum's official website?
How can I contact Callon Petroleum?
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]
MarketBeat Community Rating for Callon Petroleum (NYSE CPE)
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.
