Callon Petroleum Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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.
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Wall Street analysts have given Callon Petroleum a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Callon Petroleum wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Callon Petroleum is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Callon Petroleum.

Callon Petroleum (NYSE:CPE) announced its earnings results on Tuesday, August, 3rd. The oil and natural gas company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.48 by $0.01. The oil and natural gas company had revenue of $440.40 million for the quarter, compared to analyst estimates of $340.48 million. Callon Petroleum had a positive trailing twelve-month return on equity of 24.26% and a negative net margin of 92.16%.
View Callon Petroleum's earnings history.

Callon Petroleum's stock was trading at $0.6042 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CPE shares have increased by 6,167.8% and is now trading at $37.87.
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11 analysts have issued 1-year price objectives for Callon Petroleum's shares. Their forecasts range from $6.00 to $54.00. On average, they anticipate Callon Petroleum's share price to reach $33.70 in the next twelve months. This suggests that the stock has a possible downside of 11.0%.
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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.

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), Cimarex Energy (XEC), Cabot Oil & Gas (COG), EQT (EQT), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR) and SM Energy (SM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Callon Petroleum investors own include (OAS), Bank of America (BAC), Range Resources (RRC), Energy Transfer (ET), Ford Motor (F), Advanced Micro Devices (AMD), General Electric (GE), The Boeing (BA), AT&T (T) and Coeur Mining (CDE).

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

Callon Petroleum's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.84%), State Street Corp (7.81%), Vanguard Group Inc. (7.41%), JB Investments Management LLC (6.60%), Credit Suisse AG (0.00%) and Dimensional Fund Advisors LP (2.01%). Company insiders that own Callon Petroleum stock include Gregory F Conaway, S P Iv Johnson and Steven A Webster.
View institutional ownership trends for Callon Petroleum.

CPE stock was sold by a variety of institutional investors in the last quarter, including Wolverine Trading LLC, Goldman Sachs Group Inc., Parallax Volatility Advisers L.P., L & S Advisors Inc, PEAK6 Investments LLC, Millennium Management LLC, Bank of America Corp DE, and Principal Financial Group Inc.. Company insiders that have sold Callon Petroleum company stock in the last year include Gregory F Conaway, and S P Iv Johnson.
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CPE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Credit Suisse AG, Vanguard Group Inc., Susquehanna International Group LLP, Geode Capital Management LLC, Northern Trust Corp, Lion Point Capital LP, and Dimensional Fund Advisors LP. Company insiders that have bought Callon Petroleum stock in the last two years include Gregory F Conaway, and Steven A Webster.
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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.
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One share of CPE stock can currently be purchased for approximately $37.87.

Callon Petroleum has a market capitalization of $1.75 billion and generates $1.03 billion in revenue each year. The oil and natural gas company earns $-2,533,620,000.00 in net income (profit) each year or $2.86 on an earnings per share basis.

Callon Petroleum employs 303 workers across the globe.

The official website for Callon Petroleum is www.callon.com.

Callon Petroleum is headquartered at 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042.

Callon Petroleum's mailing address is 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042. The oil and natural gas company can be reached via phone at (281) 589-5200 or via email at [email protected].