Callon Petroleum Company Company Profile (NYSE:CPE)

About Callon Petroleum Company (NYSE:CPE)

Callon Petroleum Company logoCallon Petroleum Company is an independent oil and natural gas company. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas properties. The Company focuses on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin. The Permian Basin is located in West Texas and southeastern New Mexico and consisted of three primary sub-basins: the Midland Basin, the Delaware Basin, and the Central Basin Platform as of December 31, 2016. The Company's drilling activity focuses on the horizontal development of various prospective intervals in the Midland Basin, including multiple levels of the Wolfcamp formation and the Lower Spraberry shale. It owns additional immaterial properties in Louisiana. As of December 31, 2016, the Company had owned leaseholds in 39,570 net acres in the Permian Basin, all of which was located in the Midland Basin.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Exploration and Production - NEC
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:CPE
  • CUSIP: 13123X10
  • Web:
  • Market Cap: $2.21972 billion
  • Outstanding Shares: 201,061,000
Average Prices:
  • 50 Day Moving Avg: $10.69
  • 200 Day Moving Avg: $12.57
  • 52 Week Range: $9.63 - $18.53
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.32
  • P/E Growth: 0.25
Sales & Book Value:
  • Annual Revenue: $235.96 million
  • Price / Sales: 9.27
  • Book Value: $8.85 per share
  • Price / Book: 1.23
  • EBIDTA: $163.46 million
  • Net Margins: -1.42%
  • Return on Equity: 4.23%
  • Return on Assets: 3.09%
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 0.75%
  • Quick Ratio: 0.75%
  • Average Volume: 4.77 million shs.
  • Beta: 1.44
  • Short Ratio: 7.81

Frequently Asked Questions for Callon Petroleum Company (NYSE:CPE)

What is Callon Petroleum Company's stock symbol?

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

How were Callon Petroleum Company's earnings last quarter?

Callon Petroleum Company (NYSE:CPE) posted its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.00. The company had revenue of $81.36 million for the quarter, compared to the consensus estimate of $80.22 million. Callon Petroleum Company had a positive return on equity of 4.23% and a negative net margin of 1.42%. View Callon Petroleum Company's Earnings History.

When will Callon Petroleum Company make its next earnings announcement?

Callon Petroleum Company is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Callon Petroleum Company.

Where is Callon Petroleum Company's stock going? Where will Callon Petroleum Company's stock price be in 2017?

24 analysts have issued 12 month price objectives for Callon Petroleum Company's stock. Their forecasts range from $10.00 to $26.00. On average, they expect Callon Petroleum Company's share price to reach $17.83 in the next twelve months. View Analyst Ratings for Callon Petroleum Company.

What are analysts saying about Callon Petroleum Company stock?

Here are some recent quotes from research analysts about Callon Petroleum Company stock:

  • 1. According to Zacks Investment Research, "Callon Petroleum Company has been engaged in the exploration, development, acquisition and production of oil and gas properties since 1950. " (7/18/2017)
  • 2. Mizuho analysts commented, "We increase estimates through '18 to reflect the deferred production ramp into potentially higher oil prices we now anticipate in late '17/'18 from Callon's planned rig adds. We also nudge up '18 production to reflect a fifth rig for all of the year. CPE shares have been under pressure since December, on concerns execution can remain flawless amid another large acquisition. We remain Neutral-rated as we await visibility of the viability of near-term growth objectives and trim our PT to $14 to reflect updated expense assumptions and a more conservative target multiple." (3/1/2017)

Who are some of Callon Petroleum Company's key competitors?

Who are Callon Petroleum Company's key executives?

Callon Petroleum Company's management team includes the folowing people:

  • Joseph C. Gatto Jr., President, Chief Executive Officer
  • Correne S. Loeffler, Interim Chief Financial Officer, Treasurer
  • Gary A. Newberry, Chief Operating Officer, Senior Vice President
  • Mitzi P. Conn, Chief Accounting Officer, Vice President
  • Jerry A. Weant, Vice President - Land
  • L. Richard Flury, Non-Executive Chairman of the Board
  • Matthew Regis Bob, Independent Director
  • Michael L. Finch CPA, Independent Director
  • Larry D. McVay, Independent Director
  • Anthony J. Nocchiero, Independent Director

Who owns Callon Petroleum Company stock?

Callon Petroleum Company's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (1.43%), Copper Rock Capital Partners LLC (0.90%), GW&K Investment Management LLC (0.81%), Viking Fund Management LLC (0.57%), Sprott Inc. (0.47%) and Peregrine Capital Management LLC (0.31%). Company insiders that own Callon Petroleum Company stock include Jerry A Weant and Matthew Regis Bob. View Institutional Ownership Trends for Callon Petroleum Company.

Who sold Callon Petroleum Company stock? Who is selling Callon Petroleum Company stock?

Callon Petroleum Company's stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Sprott Inc. and Copper Rock Capital Partners LLC. View Insider Buying and Selling for Callon Petroleum Company.

Who bought Callon Petroleum Company stock? Who is buying Callon Petroleum Company stock?

Callon Petroleum Company's stock was purchased by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Peregrine Capital Management LLC, AMI Asset Management Corp, Viking Fund Management LLC, Aperio Group LLC, First National Bank of Omaha, Verde Servicos Internacionais S.A. and Bank of Montreal Can. Company insiders that have bought Callon Petroleum Company stock in the last two years include Jerry A Weant and Matthew Regis Bob. View Insider Buying and Selling for Callon Petroleum Company.

How do I buy Callon Petroleum Company stock?

Shares of Callon Petroleum Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Callon Petroleum Company's stock price today?

One share of Callon Petroleum Company stock can currently be purchased for approximately $10.88.

MarketBeat Community Rating for Callon Petroleum Company (NYSE CPE)
Community Ranking:  3.5 out of 5 (   )
Outperform Votes:  537 (Vote Outperform)
Underperform Votes:  220 (Vote Underperform)
Total Votes:  757
MarketBeat's community ratings are surveys of what our community members think about Callon Petroleum Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Callon Petroleum Company (NYSE:CPE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 21 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $17.83 (63.91% upside)

Analysts' Ratings History for Callon Petroleum Company (NYSE:CPE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/21/2017Citigroup Inc.Lower Price TargetBuy$15.00 -> $14.00LowView Rating Details
7/17/2017Northland SecuritiesSet Price TargetBuy$18.00MediumView Rating Details
7/7/2017Barclays PLCReiterated RatingBuy$14.00HighView Rating Details
7/1/2017ScotiabankSet Price TargetBuy$15.00LowView Rating Details
6/26/2017BMO Capital MarketsSet Price TargetBuy$15.00N/AView Rating Details
6/21/2017Seaport Global SecuritiesDowngradeBuy -> Neutral$19.00 -> $10.00HighView Rating Details
6/20/2017Tudor PickeringInitiated CoverageBuy -> Buy$26.00HighView Rating Details
6/3/2017Royal Bank Of CanadaSet Price TargetBuy$20.00LowView Rating Details
6/2/2017Credit Suisse GroupReiterated RatingOutperform$18.00LowView Rating Details
5/26/2017Roth CapitalSet Price TargetBuy$23.00N/AView Rating Details
4/19/2017Evercore ISIDowngradeOutperform -> In-Line$17.00 -> $16.00HighView Rating Details
4/13/2017Echelon Wealth PartnersUpgradeBuy$17.00MediumView Rating Details
4/13/2017EuroPacific CanadaUpgradeNeutral -> Buy$17.00HighView Rating Details
4/13/2017Eurobank EFGUpgradeHold -> Buy$17.00HighView Rating Details
4/12/2017Stifel NicolausInitiated CoverageBuy -> Buy$21.00HighView Rating Details
3/7/2017Deutsche Bank AGLower Price TargetBuy$19.00 -> $18.00N/AView Rating Details
3/1/2017MizuhoLower Price TargetNeutral$18.00 -> $14.00N/AView Rating Details
3/1/2017FBR & CoLower Price TargetOutperform -> Outperform$20.00 -> $17.00N/AView Rating Details
2/28/2017Canaccord GenuityReiterated RatingBuy$22.00N/AView Rating Details
12/18/2016KLR GroupSet Price TargetBuy$20.00 -> $24.00N/AView Rating Details
11/22/2016KeyCorpBoost Price TargetOverweight$19.00 -> $20.00N/AView Rating Details
9/30/2016Imperial CapitalBoost Price TargetOutperform$16.00 -> $18.00N/AView Rating Details
8/11/2016J P Morgan Chase & CoBoost Price TargetOverweight$14.00 -> $16.00N/AView Rating Details
8/10/2016WunderlichBoost Price TargetBuy$17.00 -> $18.00N/AView Rating Details
6/6/2016US Capital AdvisorsReiterated RatingBuyN/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
5/16/2016Howard WeilUpgradeSector Outperform -> Focus StockN/AView Rating Details
4/28/2016Iberia CapitalBoost Price TargetOutperform$10.00 -> $14.00N/AView Rating Details
4/21/2016StephensReiterated RatingBuyN/AView Rating Details
10/9/2015Cowen and CompanyBoost Price TargetMarket Perform$9.00 -> $10.00N/AView Rating Details
8/19/2015Capital One Financial CorporationBoost Price Target$10.00 -> $11.00N/AView Rating Details
(Data available from 7/22/2015 forward)


Earnings History for Callon Petroleum Company (NYSE:CPE)
Earnings by Quarter for Callon Petroleum Company (NYSE:CPE)
Earnings History by Quarter for Callon Petroleum Company (NYSE CPE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q1 2017$0.10$0.10$80.22 million$81.36 millionViewListenView Earnings Details
2/27/2017Q416$0.10$0.08$72.03 million$69.10 millionViewN/AView Earnings Details
11/2/2016Q316$0.07$0.09$45.48 million$55.90 millionViewN/AView Earnings Details
8/8/2016Q216$0.04$0.05$47.75 million$45.14 millionViewN/AView Earnings Details
3/2/2016Q415$0.03$0.05$40.36 million$33.56 millionViewN/AView Earnings Details
11/4/2015Q315$0.03$0.05$40.11 million$34.32 millionViewN/AView Earnings Details
8/5/2015Q215$0.01$0.04$38.25 million$39.24 millionViewN/AView Earnings Details
3/4/2015Q414$0.07$0.05$14.90 million$38.40 millionViewN/AView Earnings Details
11/5/2014Q3$0.11$0.06$39.42 million$39.66 millionViewListenView Earnings Details
8/6/2014Q214$0.14$0.14$37.81 million$40.50 millionViewListenView Earnings Details
5/8/2014Q114$0.05$0.11$28.47 million$33.29 millionViewListenView Earnings Details
3/12/2014Q413$0.01$0.03$26.83 million$26.50 millionViewListenView Earnings Details
11/7/2013Q313($0.03)$0.03$28.78 million$27.00 millionViewListenView Earnings Details
8/8/2013Q2 2013($0.06)($0.02)$22.79 million$19.10 millionViewN/AView Earnings Details
5/9/2013Q1 2013($0.04)($0.02)$23.15 million$22.50 millionViewN/AView Earnings Details
3/14/2013Q4 2012$0.04($0.01)$31.92 million$28.70 millionViewN/AView Earnings Details
11/7/2012$0.02($0.03)$29.48 million$27.40 millionViewN/AView Earnings Details
8/8/2012($0.01)$0.01ViewN/AView Earnings Details
5/7/2012$0.05$0.01ViewN/AView Earnings Details
11/2/2011$0.16$0.21ViewN/AView Earnings Details
8/8/2011$0.10$0.50ViewN/AView Earnings Details
5/9/2011$0.03$0.12ViewN/AView Earnings Details
3/14/2011$0.07$0.02ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Callon Petroleum Company (NYSE:CPE)
2017 EPS Consensus Estimate: $0.51
2018 EPS Consensus Estimate: $0.64
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20178$0.04$0.15$0.10
Q2 20178$0.05$0.16$0.11
Q3 20178$0.09$0.19$0.13
Q4 20178$0.11$0.23$0.16
Q1 20183$0.06$0.24$0.13
Q2 20183$0.06$0.17$0.12
Q3 20182$0.09$0.33$0.21
Q4 20182$0.10$0.24$0.17
(Data provided by Zacks Investment Research)


Dividend History for Callon Petroleum Company (NYSE:CPE)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Callon Petroleum Company (NYSE:CPE)
Insider Ownership Percentage: 0.82%
Insider Trades by Quarter for Callon Petroleum Company (NYSE:CPE)
Institutional Ownership by Quarter for Callon Petroleum Company (NYSE:CPE)
Insider Trades by Quarter for Callon Petroleum Company (NYSE:CPE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/14/2017Jerry A. WeantVPSell4,000$14.45$57,800.00View SEC Filing  
1/13/2016Jerry A WeantVPBuy1,000$6.00$6,000.00View SEC Filing  
1/11/2016Jerry A WeantVPBuy1,000$6.75$6,750.00View SEC Filing  
1/6/2016Matthew Regis BobDirectorBuy7,000$7.50$52,500.00View SEC Filing  
8/26/2015Matthew Regis BobDirectorBuy7,000$7.55$52,850.00View SEC Filing  
6/18/2015Mitzi P ConnInsiderSell10,000$8.26$82,600.00View SEC Filing  
6/10/2015Anthony J NocchieroDirectorSell17,994$8.53$153,488.82View SEC Filing  
9/16/2014Matthew Regis BobDirectorBuy5,000$9.33$46,650.00View SEC Filing  
4/7/2014Gary NewberryVPBuy14,616$8.30$121,312.80View SEC Filing  
4/11/2013Howard Clark SmithInsiderBuy5,365$3.90$20,923.50View SEC Filing  
4/9/2013B F WeatherlyCFOBuy11,019$3.63$39,998.97View SEC Filing  
4/9/2013Gary NewberryVPBuy27,300$3.65$99,645.00View SEC Filing  
4/8/2013Fred L CallonCEOBuy14,286$3.50$50,001.00View SEC Filing  
4/4/2013Joseph C Jr. GattoVPBuy5,263$3.42$17,999.46View SEC Filing  
3/26/2013Rodger W Smith JrTreasurerBuy8,098$3.75$30,367.50View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Callon Petroleum Company (NYSE:CPE)
Latest Headlines for Callon Petroleum Company (NYSE:CPE)
DateHeadline logoCitigroup Inc. Trims Callon Petroleum Company (NYSE:CPE) Target Price to $14.00 - July 22 at 12:20 AM logoCallon Petroleum Co. breached its 50 day moving average in a Bullish Manner : CPE-US : July 20, 2017 - July 20 at 7:25 PM logoCallon Petroleum Company (CPE) Downgraded by Zacks Investment Research - July 18 at 6:24 PM logoCallon Petroleum Company (NYSE:CPE) Given Consensus Recommendation of "Buy" by Analysts - July 17 at 8:28 PM logoKeyCorp Weighs in on Callon Petroleum Company's Q2 2017 Earnings (NYSE:CPE) - July 17 at 7:52 AM logoCallon Petroleum Company (CPE) Price Target Cut to $15.00 - July 13 at 6:42 PM logo$87.53 Million in Sales Expected for Callon Petroleum Company (NYSE:CPE) This Quarter - July 13 at 11:44 AM logoKey Trends in Carrizo Oil & Gas’s Short Interest Ratio - July 12 at 6:11 PM logoZacks: Brokerages Anticipate Callon Petroleum Company (NYSE:CPE) to Post $0.11 EPS - July 11 at 8:15 AM logoCommit To Buy Callon Petroleum At $8, Earn 9.4% Annualized ... - Nasdaq - July 10 at 5:23 PM logoETFs with exposure to Callon Petroleum Co. : July 10, 2017 - July 10 at 5:23 PM logoHow Is Carrizo Oil & Gas’s Recent Delaware Deal Valued? - July 10 at 5:23 PM logoSunTrust Banks Weighs in on Callon Petroleum Company's FY2017 Earnings (NYSE:CPE) - July 10 at 7:37 AM logoCallon Petroleum Company (CPE) Earns "Buy" Rating from Barclays PLC - July 8 at 8:04 AM logoCallon Petroleum Company (CPE) to Post Q2 2017 Earnings of $0.12 Per Share, SunTrust Banks Forecasts - July 7 at 8:54 AM logoCallon Petroleum Company (NYSE:CPE) PT Set at $15.00 by Scotiabank - July 2 at 11:50 PM logoCallon Petroleum Company (CPE) Upgraded to Sell by BidaskClub - June 28 at 6:46 PM logoCallon Petroleum Company Schedules Second Quarter 2017 Conference Call for August 3, 2017 - June 28 at 5:23 PM logoWhy Halcon Is Pursuing More Delaware Opportunities - June 26 at 5:12 PM logoETFs with exposure to Callon Petroleum Co. : June 26, 2017 - June 26 at 5:12 PM logoCallon Petroleum Company (CPE) Rating Lowered to Neutral at Seaport Global Securities - June 25 at 9:20 PM logoCallon Petroleum (CPE) Names Interim CFO - June 23 at 5:04 PM logoQ1 2018 Earnings Forecast for Callon Petroleum Company Issued By Seaport Global Securities (CPE) - June 23 at 11:19 AM logoCallon Petroleum (CPE) Names Interim CFO - - June 22 at 9:47 PM logoCallon Petroleum appoints Loeffler as interim CFO - Seeking Alpha - June 22 at 9:47 PM logoCallon Petroleum Company Announces Interim Chief Financial Officer - June 22 at 4:47 PM logoQ2 2017 EPS Estimates for Callon Petroleum Company Decreased by Analyst (CPE) - June 22 at 8:02 AM logoCallon Petroleum Company (CPE) Given Average Rating of "Buy" by Brokerages - June 20 at 8:52 PM logoCallon Petroleum Company (CPE) Stock Rating Lowered by BidaskClub - June 20 at 8:44 PM logoCallon Petroleum Company Announces Upcoming Investor Event - June 20 at 5:08 PM logoCallon Petroleum Company (CPE) Earns Buy Rating from Analysts at Tudor Pickering - June 20 at 10:32 AM logoCallon Petroleum Company (CPE) Expected to Announce Quarterly Sales of $88.70 Million - June 17 at 10:38 AM logo Analysts Expect Callon Petroleum Company (CPE) Will Announce Earnings of $0.12 Per Share - June 15 at 7:38 AM logoCallon Petroleum Company (CPE) Lifted to "Sell" at BidaskClub - June 14 at 9:40 PM logoETFs with exposure to Callon Petroleum Co. : June 13, 2017 - June 13 at 12:33 PM logoResearch Analysts Issue Forecasts for Callon Petroleum Company's FY2017 Earnings (CPE) - June 12 at 7:44 AM logoRoyal Bank of Canada Analysts Give Callon Petroleum Company (CPE) a $20.00 Price Target - June 5 at 6:52 PM logoCallon Petroleum Company (CPE) Raised to Hold at ValuEngine - June 4 at 10:32 PM logoBlog Coverage: Changes in Top Management Announced at Callon Petroleum - June 1 at 5:03 PM logoETFs with exposure to Callon Petroleum Co. : May 31, 2017 - May 31 at 4:30 PM logoCallon Petroleum Company Announces New Credit Agreement with Increased Borrowing Base and Commitment Size - May 31 at 4:30 PM logoCallon Petroleum Company Announces Extension of Exchange ... - PR Newswire (press release) - May 27 at 2:58 AM logoCallon Petroleum Company (CPE) Receives Consensus Rating of "Buy" from Analysts - May 26 at 9:04 PM logoCallon Petroleum Company Announces Extension of Exchange Offer for Its 6.125% Senior Notes due 2024 - May 26 at 4:56 PM logoCallon Petroleum Could Be A Takeover Target Again After Namesake CEO's Unexpected Death - May 26 at 4:56 PM logoSeaport Global Securities Analysts Cut Earnings Estimates for Callon Petroleum Company (CPE) - May 26 at 12:09 PM logoCallon Petroleum Chairman/CEO passes away - May 25 at 11:06 PM logoCallon Petroleum Company Announces Appointment of Joseph Gatto, Jr. as Chief ... - May 25 at 11:05 PM logoCallon Petroleum (CPE) Mourns Loss of Chairman and CEO Fred L. Callon - - May 25 at 6:03 PM logoCallon Petroleum Company Announces Death of Chairman and Chief Executive Officer, Fred L. Callon - May 25 at 6:03 PM



Callon Petroleum Company (CPE) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by Staff