NYSE:CPE - Callon Petroleum Stock Price, Price Target & More

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

Callon Petroleum (NYSE:CPE) issued its earnings results on Wednesday, May, 2nd. The oil and natural gas company reported $0.20 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.01. The oil and natural gas company had revenue of $127.40 million for the quarter, compared to analysts' expectations of $120.69 million. Callon Petroleum had a return on equity of 5.98% and a net margin of 31.28%. The company's revenue was up 56.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.22 earnings per share. View Callon Petroleum's Earnings History.

Callon Petroleum is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Callon Petroleum.

16 brokers have issued 1 year target prices for Callon Petroleum's stock. Their forecasts range from $12.00 to $21.00. On average, they anticipate Callon Petroleum's share price to reach $16.00 in the next year. This suggests a possible upside of 42.2% from the stock's current price. View Analyst Ratings for Callon Petroleum.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Callon Petroleum saw a increase in short interest during the month of June. As of June 29th, there was short interest totalling 50,371,796 shares, an increase of 14.4% from the June 15th total of 44,041,150 shares. Based on an average trading volume of 6,899,917 shares, the days-to-cover ratio is currently 7.3 days. Approximately 22.3% of the shares of the company are sold short. View Callon Petroleum's Current Options Chain.

Some companies that are related to Callon Petroleum include Parsley Energy (PE), Cimarex Energy (XEC), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Vermilion Energy (VET), Murphy Oil (MUR), Centennial Resource Development (CDEV), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Range Resources (RRC), Crescent Point Energy (CPG) and PDC Energy (PDCE).

Media coverage about CPE stock has trended somewhat positive on Friday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Callon Petroleum earned a news impact score of 0.13 on Accern's scale. They also assigned press coverage about the oil and natural gas company an impact score of 47.05 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Callon Petroleum's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (1.21%), Copper Rock Capital Partners LLC (0.82%), Retirement Systems of Alabama (0.42%), Cambiar Investors LLC (0.22%), Miller Howard Investments Inc. NY (0.15%) and Viking Fund Management LLC (0.09%). View Institutional Ownership Trends for Callon Petroleum.

CPE stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Cambiar Investors LLC and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Callon Petroleum.

CPE stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Viking Fund Management LLC, Retirement Systems of Alabama, Miller Howard Investments Inc. NY, Chesley Taft & Associates LLC, Cerebellum GP LLC, Prospera Financial Services Inc and Louisiana State Employees Retirement System. 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 $11.25.

Callon Petroleum has a market capitalization of $2.50 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.

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]