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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
NYSE:CPE

Callon Petroleum - CPE Stock Forecast, Price & News

$30.58
+0.32 (+1.06%)
(As of 03/24/2023 08:51 PM ET)
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Compare
Today's Range
$29.10
$30.67
50-Day Range
$29.75
$43.89
52-Week Range
$28.91
$66.48
Volume
1.60 million shs
Average Volume
1.46 million shs
Market Capitalization
$1.88 billion
P/E Ratio
1.56
Dividend Yield
N/A
Price Target
$58.88

Callon Petroleum MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
92.5% Upside
$58.88 Price Target
Short Interest
Bearish
13.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.35mentions of Callon Petroleum in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$9,795 Bought Last Quarter
Proj. Earnings Growth
-6.40%
From $11.40 to $10.67 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Oils/Energy Sector

146th out of 242 stocks

Crude Petroleum & Natural Gas Industry

58th out of 77 stocks


CPE stock logo

About Callon Petroleum (NYSE:CPE) Stock

Callon Petroleum Co. engages in the exploration, development, acquisition, and production of oil and natural gas properties in the United States. It focuses on unconventional oil and natural gas reserves in the Permian Basin. The company was founded by Sim C. Callon and John S. Callon in 1950 and is headquartered in Houston, TX.

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CPE Stock News Headlines

Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
The Latest Analyst Ratings for Callon Petroleum
StockNews.com Begins Coverage on Callon Petroleum (NYSE:CPE)
Callon Petroleum: Reviewing Its Guidance For 2023
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Callon Petroleum (CPE) Q4 Earnings Miss Estimates
Earnings Preview: Callon Petroleum
Analyst Expectations for Callon Petroleum's Future
Callon chair Flury to retire after 2023 annual meeting
CPE.MW - | Stock Price & Latest News | Reuters
Callon Petroleum: A Look At Its Potential 2023 Results
Can Refracs Boost U.S. Shale Output?
See More Headlines
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CPE Company Calendar

Last Earnings
2/23/2023
Today
3/26/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
13123X10
Employees
322
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$58.88
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+92.5%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$1.21 billion
Pretax Margin
37.81%

Debt

Sales & Book Value

Annual Sales
$3.23 billion
Cash Flow
$22.49 per share
Book Value
$50.08 per share

Miscellaneous

Free Float
60,516,000
Market Cap
$1.88 billion
Optionable
Optionable
Beta
2.70

Key Executives

  • Joseph C. Gatto
    President, Chief Executive Officer & Director
  • Jeffrey Scott Balmer
    Chief Operating Officer & Senior Vice President
  • Kevin E. Haggard
    Chief Financial Officer & Senior Vice President
  • Angie Day
    Chief Information Officer & Vice President
  • Carrie Endorf
    Vice President-Asset Development & Technology













CPE Stock - Frequently Asked Questions

Should I buy or sell Callon Petroleum stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CPE shares. 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 CPE analyst ratings
or view top-rated stocks.

What is Callon Petroleum's stock price forecast for 2023?

9 brokerages have issued 1 year price objectives for Callon Petroleum's shares. Their CPE share price forecasts range from $45.00 to $80.00. On average, they expect the company's share price to reach $58.88 in the next twelve months. This suggests a possible upside of 92.5% from the stock's current price.
View analysts price targets for CPE
or view top-rated stocks among Wall Street analysts.

How have CPE shares performed in 2023?

Callon Petroleum's stock was trading at $37.09 at the beginning of 2023. Since then, CPE shares have decreased by 17.6% and is now trading at $30.58.
View the best growth stocks for 2023 here
.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 6,870,000 shares, an increase of 18.4% from the February 13th total of 5,800,000 shares. Based on an average daily volume of 1,230,000 shares, the days-to-cover ratio is presently 5.6 days. Currently, 13.1% of the shares of the company are sold short.
View Callon Petroleum's Short Interest
.

When is Callon Petroleum's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our CPE earnings forecast
.

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) released its quarterly earnings data on Thursday, February, 23rd. The oil and natural gas company reported $3.36 EPS for the quarter, missing the consensus estimate of $3.44 by $0.08. The oil and natural gas company had revenue of $704.25 million for the quarter, compared to analyst estimates of $617.42 million. Callon Petroleum had a trailing twelve-month return on equity of 35.68% and a net margin of 37.44%. During the same quarter last year, the company earned $2.66 EPS.

What is Fred L. Callon's approval rating as Callon Petroleum's CEO?

2 employees have rated Callon Petroleum Chief Executive Officer Fred L. Callon on Glassdoor.com. Fred L. Callon has an approval rating of 73% among the company's employees.

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."

Who are Callon Petroleum's major shareholders?

Callon Petroleum's stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (2.89%), Marshall Wace LLP (1.56%), Post Oak Energy Holdings LLC (1.50%), Geode Capital Management LLC (1.46%), Allspring Global Investments Holdings LLC (1.00%) and American Century Companies Inc. (0.98%). Insiders that own company stock include Barbara J Faulkenberry, Bpp Energy Partners Llc, Bpp Holdco Llc, Gregory F Conaway, Holdings LP Blackstone III, Primexx Energy Partners, Ltd and S P Iv Johnson.
View institutional ownership trends
.

How do I buy shares of Callon Petroleum?

Shares of CPE stock 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 $30.58.

How much money does Callon Petroleum make?

Callon Petroleum (NYSE:CPE) has a market capitalization of $1.88 billion and generates $3.23 billion in revenue each year. The oil and natural gas company earns $1.21 billion in net income (profit) each year or $19.55 on an earnings per share basis.

How many employees does Callon Petroleum have?

The company 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 the company is www.callon.com. The oil and natural gas company can be reached via phone at (281) 589-5200, via email at ir@callon.com, or via fax at 601-446-1410.

This page (NYSE:CPE) was last updated on 3/27/2023 by MarketBeat.com Staff