NYSE:CPE Callon Petroleum Stock Forecast, Price & News Adding Choose a watchlist: 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. $39.27 +0.07 (+0.18%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$36.85▼$39.9650-Day Range$39.20▼$62.5052-Week Range$25.32▼$66.48Volume1.96 million shsAverage Volume2.07 million shsMarket Capitalization$2.42 billionP/E Ratio4.45Dividend YieldN/APrice Target$75.25 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Callon Petroleum Stock Forecast (MarketRank)Analyst RatingHold2.25 Rating ScoreUpside/Downside91.6% Upside$75.25 Price TargetShort InterestHealthy10.98% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.34Based on 2 Articles This WeekInsider TradingSelling Shares$33.94 M Sold Last QuarterProj. Earnings Growth15.45%From $16.44 to $18.98 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.07 out of 5 starsOils/Energy Sector51st out of 391 stocksCrude Petroleum & Natural Gas Industry24th out of 127 stocks 3.1 Analyst's Opinion Consensus RatingCallon Petroleum has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $75.25, Callon Petroleum has a forecasted upside of 91.6% from its current price of $39.27.Amount of Analyst CoverageCallon Petroleum has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted10.98% of the float of Callon Petroleum has been sold short.Short Interest Ratio / Days to CoverCallon Petroleum has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Callon Petroleum has recently decreased by 1.46%, indicating that investor sentiment is improving. 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 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CPE. Previous Next 1.3 News and Social Media Coverage News SentimentCallon Petroleum has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Callon Petroleum this week, compared to 3 articles on an average week.Search InterestOnly 41 people have searched for CPE on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Callon Petroleum to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Callon Petroleum insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $33,940,601.00 in company stock.Percentage Held by InsidersOnly 1.80% of the stock of Callon Petroleum is held by insiders.Percentage Held by Institutions95.73% of the stock of Callon Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Callon Petroleum are expected to grow by 15.45% in the coming year, from $16.44 to $18.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Callon Petroleum is 4.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 46.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Callon Petroleum is 4.45, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.44.Price to Book Value per Share RatioCallon Petroleum has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CPE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Callon Petroleum and its competitors with MarketBeat's FREE daily newsletter. Email Address About Callon Petroleum (NYSE:CPE)Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. As of December 31, 2021, its estimated net proved reserves totaled approximately 484.6 million barrel of oil equivalent, including 290.3 MMBbls oil, 577.3 Bcf of natural gas, and 98.1 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.Read More CPE Stock News HeadlinesJune 30, 2022 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Shares Gap Up to $43.06June 28, 2022 | americanbankingnews.comCritical Analysis: Callon Petroleum (NYSE:CPE) & PetroChina (NYSE:PTR)June 18, 2022 | benzinga.comCallon Petroleum Whale Trades For June 16June 17, 2022 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Trading Down 3%June 16, 2022 | nasdaq.comCallon Petroleum Breaks Below 200-Day Moving Average - Notable for CPEJune 10, 2022 | americanbankingnews.comResearch Analysts Issue Forecasts for Callon Petroleum's Q4 2023 Earnings (NYSE:CPE)June 9, 2022 | finance.yahoo.comCallon Petroleum Company Announces Pricing of $600 Million Senior Unsecured Notes OfferingJune 9, 2022 | finance.yahoo.comDow Jones Futures Rise After Many Market Rally Leaders Crack; Tesla China Sales Ramping UpJune 9, 2022 | americanbankingnews.comCallon Petroleum Forecasted to Post Q1 2023 Earnings of $4.99 Per Share (NYSE:CPE)June 8, 2022 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Given New $101.00 Price Target at Truist FinancialJune 8, 2022 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Price Target Cut to $75.00 by Analysts at JPMorgan Chase & Co.June 7, 2022 | seekingalpha.comCallon Petroleum raises FY22 free cash flow view to over $900M; reaffirms 2022 production and expense guidanceJune 6, 2022 | finance.yahoo.comCallon Petroleum Company Provides Operational Update and Increases Its Free Cash Flow OutlookSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:CPE CUSIP13123X10 CIK928022 Webwww.callon.com Phone(281) 589-5200Fax601-446-1410Employees322Year FoundedN/ACompany Calendar Last Earnings5/04/2022Today7/01/2022Next Earnings (Estimated)8/03/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$75.25 High Stock Price Forecast$101.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+91.6%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$8.819990 Trailing P/E Ratio4.45 Forward P/E Ratio2.39 P/E GrowthN/ANet Income$365.15 million Net Margins19.71% Pretax Margin19.77% Return on Equity42.41% Return on Assets11.30% Debt Debt-to-Equity Ratio1.37 Current Ratio0.36 Quick Ratio0.36 Sales & Book Value Annual Sales$2.05 billion Price / Sales1.18 Cash Flow$13.88 per share Price / Cash Flow2.83 Book Value$33.41 per share Price / Book1.18Miscellaneous Outstanding Shares61,690,000Free Float60,580,000Market Cap$2.42 billion OptionableOptionable Beta2.71 Callon Petroleum Frequently Asked Questions Should I buy or sell Callon Petroleum stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Callon Petroleum stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CPE, but not buy additional shares or sell existing shares. View analyst ratings for Callon Petroleum or view top-rated stocks. What is Callon Petroleum's stock price forecast for 2022? 8 brokerages have issued 12 month target prices for Callon Petroleum's stock. Their CPE stock forecasts range from $45.00 to $101.00. On average, they expect Callon Petroleum's share price to reach $75.25 in the next twelve months. This suggests a possible upside of 91.6% from the stock's current price. View analysts' price targets for Callon Petroleum or view top-rated stocks among Wall Street analysts. How has Callon Petroleum's stock performed in 2022? Callon Petroleum's stock was trading at $47.25 at the start of the year. Since then, CPE stock has decreased by 16.9% and is now trading at $39.27. View the best growth stocks for 2022 here. When is Callon Petroleum's next earnings date? Callon Petroleum is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings forecast for Callon Petroleum. How were Callon Petroleum's earnings last quarter? Callon Petroleum (NYSE:CPE) issued its earnings results on Wednesday, May, 4th. The oil and natural gas company reported $3.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.28 by $0.15. The oil and natural gas company had revenue of $664.80 million for the quarter, compared to analysts' expectations of $587.95 million. Callon Petroleum had a trailing twelve-month return on equity of 42.41% and a net margin of 19.71%. The company's revenue was up 107.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.49 EPS. View Callon Petroleum's earnings history. 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 51, Pay $3.62M)Mr. Kevin E. Haggard, Sr. VP & CFO (Age 51, Pay $1.17M)Dr. Jeffrey S. Balmer Ph.D., Sr. VP & COO (Age 57, Pay $2.04M)Mr. Gregory F. Conaway, VP & Chief Accounting Officer (Age 47, Pay $950.37k) (LinkedIn Profile)Ms. Michol L. Ecklund, Sr. VP, Gen. Counsel & Corp. Sec. (Age 47, Pay $1.52M)Mr. James P. Ulm II, Consultant (Age 58, Pay $1.28M)Mr. Kevin C. Smith, Director of Investor RelationsMr. Liam Kelly, VP of Corp. Devel.Mr. J. Michael Hastings, VP of MarketingClay V. Bland, Assistant Corp. Sec. & Risk Mang. What is Fred L. Callon's approval rating as Callon Petroleum's CEO? 2 employees have rated Callon Petroleum CEO Fred L. Callon on Glassdoor.com. Fred L. Callon has an approval rating of 73% among Callon Petroleum's employees. 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), Devon Energy (DVN), Continental Resources (CLR), Diamondback Energy (FANG), Marathon Oil (MRO), EQT (EQT), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), SM Energy (SM), Comstock Resources (CRK) and Kosmos Energy (KOS). View all of CPE's 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), Bank of America (BAC), Range Resources (RRC), Energy Transfer (ET), Ford Motor (F), Advanced Micro Devices (AMD), General Electric (GE), Boeing (BA), AT&T (T) and Coeur Mining (CDE). What is Callon Petroleum's stock symbol? Callon Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPE." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Callon Petroleum's stock price today? One share of CPE stock can currently be purchased for approximately $39.27. How much money does Callon Petroleum make? Callon Petroleum (NYSE:CPE) has a market capitalization of $2.42 billion and generates $2.05 billion in revenue each year. The oil and natural gas company earns $365.15 million in net income (profit) each year or $8.819990 on an earnings per share basis. How many employees does Callon Petroleum have? Callon Petroleum employs 322 workers across the globe. How can I contact Callon Petroleum? Callon Petroleum's mailing address is 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042. The official website for Callon Petroleum is www.callon.com. The oil and natural gas company can be reached via phone at (281) 589-5200, via email at [email protected], or via fax at 601-446-1410. This page (NYSE:CPE) was last updated on 7/1/2022 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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