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
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone281-589-5200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$587.62 million
Profitability
Miscellaneous
EmployeesN/A
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 quarterly earnings results on Monday, August, 6th. The oil and natural gas company reported $0.21 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.01. The oil and natural gas company earned $137.10 million during the quarter, compared to analyst estimates of $133.66 million. Callon Petroleum had a return on equity of 8.11% and a net margin of 51.11%. Callon Petroleum's quarterly revenue was up 66.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.09 EPS. View Callon Petroleum's Earnings History.
When is Callon Petroleum's next earnings date?
What price target have analysts set for CPE?
20 brokers have issued 12 month 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 $14.3750 in the next twelve months. 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 stories about CPE stock have been trending somewhat negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Callon Petroleum earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned headlines about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
Are investors shorting Callon Petroleum?
Callon Petroleum saw a drop in short interest in February. As of February 28th, there was short interest totalling 47,847,054 shares, a drop of 15.3% from the February 15th total of 56,465,724 shares. Based on an average daily trading volume, of 7,993,073 shares, the short-interest ratio is currently 6.0 days. Currently, 21.2% of the shares of the company 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 Parsley Energy (PE), WPX Energy (WPX), EQT (EQT), Chesapeake Energy (CHK), Murphy Oil (MUR), Eclipse Resources (ECR), Viper Energy Partners (VNOM), Vermilion Energy (VET), Black Stone Minerals (BSM), Newfield Exploration (NFX), Magnolia Oil & Gas (MGY), PDC Energy (PDCE), Range Resources (RRC), Antero Resources (AR) and Southwestern Energy (SWN).
What other stocks do shareholders of Callon Petroleum own?
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 number 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 bought 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?
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)
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.
