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

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

Callon Petroleum (NYSE:CPE) posted its quarterly earnings data on Monday, August, 6th. The oil and natural gas company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates 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 net margin of 30.70% and a return on equity of 8.31%. The business's quarterly revenue was up 66.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.09 EPS. View Callon Petroleum's Earnings History.

Callon Petroleum is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Callon Petroleum.

Callon Petroleum will be holding an earnings conference call on Wednesday, February 27th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.

21 brokerages have issued 12-month price objectives 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 $14.7647 in the next year. This suggests a possible upside of 87.1% from the stock's current price. View Analyst Price Targets for Callon Petroleum.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 3 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callon Petroleum.

News articles about CPE stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing 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 daily sentiment score of 0.3 on InfoTrie's scale. They also gave news headlines about the oil and natural gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Callon Petroleum saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 57,053,117 shares, an increase of 5.7% from the January 15th total of 53,962,676 shares. Based on an average daily trading volume, of 4,886,968 shares, the days-to-cover ratio is presently 11.7 days. Approximately 25.2% 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 Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), Murphy Oil (MUR), EQT (EQT), Viper Energy Partners (VNOM), Vermilion Energy (VET), Black Stone Minerals (BSM), Newfield Exploration (NFX), Centennial Resource Development (CDEV), Magnolia Oil & Gas (MGY), Antero Resources (AR), ARC Resources (AETUF), Whiting Petroleum (WLL) and Range Resources (RRC).

Callon Petroleum's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.81%), Dimensional Fund Advisors LP (7.83%), Thrivent Financial for Lutherans (3.44%), Northern Trust Corp (2.62%), Bank of New York Mellon Corp (2.30%) and Channing Capital Management LLC (2.18%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry and Mitzi P Conn. View Institutional Ownership Trends for Callon Petroleum.

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, Emerald Mutual Fund Advisers Trust, Columbus Circle Investors, Victory Capital Management Inc., Bank of America Corp DE and RR Advisors LLC. View Insider Buying and Selling for Callon Petroleum.

CPE stock was acquired by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, BlackRock Inc., Weiss Multi Strategy Advisers LLC, Monarch Partners Asset Management LLC, Ninepoint Partners LP, Hancock Whitney Corp, Oregon Public Employees Retirement Fund and Peregrine Capital Management LLC. 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 $7.89.

Callon Petroleum has a market capitalization of $1.80 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.

The official website for Callon Petroleum is http://www.callon.com.

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]