NYSE:CPE - Callon Petroleum Stock Price, News, & Analysis

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$7.46 -0.47 (-5.93 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$7.46
Today's Range$7.4450 - $7.8450
52-Week Range$5.57 - $14.65
Volume5.80 million shs
Average Volume5.80 million shs
Market Capitalization$1.70 billion
P/E Ratio9.10
Dividend YieldN/A
Beta1.54
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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP13123X10
Phone281-589-5200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$587.62 million
Cash Flow$1.5413 per share
Book Value$10.74 per share

Profitability

Net Income$300.36 million

Miscellaneous

EmployeesN/A
Market Cap$1.70 billion
Next Earnings Date5/1/2019 (Estimated)
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) issued its earnings results on Monday, August, 6th. The oil and natural gas company reported $0.21 EPS for the quarter, missing the 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 analysts' expectations of $133.66 million. Callon Petroleum had a return on equity of 8.11% and a net margin of 51.11%. Callon Petroleum's revenue for the quarter was up 66.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.09 earnings per share. 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 Wednesday, May 1st 2019. View Earnings Estimates for Callon Petroleum.

What price target have analysts set for CPE?

20 Wall Street analysts have issued 12 month price targets for Callon Petroleum's stock. Their forecasts range from $9.00 to $21.00. On average, they expect Callon Petroleum's share price to reach $14.3750 in the next year. This suggests a possible upside of 92.7% from the stock's current price. View Analyst Price Targets for Callon Petroleum.

What is the consensus analysts' recommendation for Callon Petroleum?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 4 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callon Petroleum.

Has Callon Petroleum been receiving favorable news coverage?

Media coverage about CPE stock has trended positive recently, InfoTrie reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Callon Petroleum earned a news sentiment score of 2.2 on InfoTrie's scale. They also assigned media stories about the oil and natural gas company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a decrease in short interest during the month of February. As of February 28th, there was short interest totalling 47,847,054 shares, a decrease of 15.3% from the February 15th total of 56,465,724 shares. Based on an average trading volume of 7,993,073 shares, the days-to-cover ratio is currently 6.0 days. Currently, 21.2% of the company's stock are sold short. View Callon Petroleum's Current Options Chain.

Who are some of Callon Petroleum's key 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 Halcon Resources (HK), Oasis Petroleum (OAS), Cypress Semiconductor (CY), Bank of America (BAC), Advanced Micro Devices (AMD), Encana (ECA), Energy Transfer LP Unit (ET), Alibaba Group (BABA), Micron Technology (MU) and Chesapeake Energy (CHK).

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. Jerry A. Weant, VP of Land (Age 60)

Who are Callon Petroleum's major shareholders?

Callon Petroleum's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.81%), Dimensional Fund Advisors LP (7.83%), Thrivent Financial for Lutherans (3.44%), Barrow Hanley Mewhinney & Strauss LLC (2.75%), Northern Trust Corp (2.62%) and Bank of New York Mellon Corp (2.30%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry 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 Zimmer Partners LP, Channing Capital Management LLC, Bank of New York Mellon Corp, FMR LLC, Emerald Mutual Fund Advisers Trust, Columbus Circle Investors, Victory Capital Management Inc. and Bank of America Corp DE. 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 Thrivent Financial for Lutherans, BlackRock Inc., Barrow Hanley Mewhinney & Strauss LLC, Norges Bank, Weiss Multi Strategy Advisers LLC, Monarch Partners Asset Management LLC, Ninepoint Partners LP and Hancock Whitney Corp. 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 $7.46.

How big of a company is Callon Petroleum?

Callon Petroleum has a market capitalization of $1.70 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.

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:  3.4 out of 5 (star star star)
Outperform Votes:  768 (Vote Outperform)
Underperform Votes:  377 (Vote Underperform)
Total Votes:  1,145
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.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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