NYSE:CPE - Callon Petroleum Stock Price, Forecast & News Adding Choose a 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. Log In and Add $3.23 -0.11 (-3.29 %) (As of 01/24/2020 04:00 PM ET) Add Compare Today's Range$3.16Now: $3.23▼$3.3350-Day Range$3.23MA: $4.36▼$4.8852-Week Range$3.16Now: $3.23▼$8.55Volume19.06 million shsAverage Volume15.42 million shsMarket Capitalization$737.70 millionP/E Ratio3.14Dividend YieldN/ABeta1.6 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas and southeastern New Mexico. As of December 31, 2018, its estimated net proved reserves totaled 238.5 million barrel of oil equivalent, including 180.1 MMBbls of oil and 350.5 Bcf of natural gas. Read More… Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:CPE Previous Symbol CUSIP13123X10 CIK928022 Webhttp://www.callon.com/ Phone281-589-5200Debt Debt-to-Equity Ratio0.48 Current Ratio0.55 Quick Ratio0.55Price-To-Earnings Trailing P/E Ratio3.14 Forward P/E Ratio4.36 P/E Growth0.15 Sales & Book Value Annual Sales$587.62 million Price / Sales1.26 Cash Flow$1.58 per share Price / Cash Flow2.04 Book Value$10.74 per share Price / Book0.30Profitability EPS (Most Recent Fiscal Year)$0.82 Net Income$300.36 million Net Margins38.86% Return on Equity7.48% Return on Assets4.59%Miscellaneous Employees218 Outstanding Shares228,390,000Market Cap$737.70 million Next Earnings Date2/25/2020 (Estimated) OptionableOptionable Receive CPE News and Ratings via Email Sign-up to receive the latest news and ratings for CPE and its competitors with MarketBeat's FREE daily newsletter. CPE Rates by TradingView Callon Petroleum (NYSE:CPE) Frequently Asked Questions What is Callon Petroleum's stock symbol? Callon Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPE." How were Callon Petroleum's earnings last quarter? Callon Petroleum (NYSE:CPE) released its earnings results on Monday, November, 4th. The oil and natural gas company reported $0.19 EPS for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.01. The oil and natural gas company had revenue of $155.38 million for the quarter, compared to analysts' expectations of $152.61 million. Callon Petroleum had a return on equity of 7.48% and a net margin of 38.86%. The firm's revenue was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.21 earnings per share. View Callon Petroleum's Earnings History. When is Callon Petroleum's next earnings date? Callon Petroleum is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Callon Petroleum. What price target have analysts set for CPE? 14 analysts have issued 1-year price objectives for Callon Petroleum's shares. Their forecasts range from $4.75 to $13.00. On average, they anticipate Callon Petroleum's share price to reach $9.57 in the next twelve months. This suggests a possible upside of 196.2% from the stock's current price. View Analyst Price Targets for Callon Petroleum. What is the consensus analysts' recommendation for Callon Petroleum? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callon Petroleum. What are Wall Street analysts saying about Callon Petroleum stock? Here are some recent quotes from research analysts about Callon Petroleum stock: 1. Evercore ISI analysts commented, "We see further improvement in LOE in 3Q before blending in higher CRZO LOE in 4Q (reported ~$7.50/boe in 1Q) which we expect the combined co to actively work down during 2020." (8/8/2019) 2. Northland Securities analysts commented, "We think this is an endorsement of its capabilities with a larger asset base expected to be coming through its CRZO transaction. We reiterate our Outperform rating and $10 PT." (8/7/2019) 3. Williams Capital analysts commented, "We are not surprised by the Ranger sale as chaer about the assets being marketed started back in early February. We view the transacon as posive as it improves the company’s bal ance sheet and liquidity, as well as high-grades its porolio. With the a nnounced transacons, we model a ~0.4x and ~0.3x improvement to its 2019 and 2020 net-debt/EBITDA metrics, respecvely, as well as to its EV/EBIT DA valuaon. We expect CPE shares to outperform on the announced transacons . We reaffirm our Buy rang and CPE remains our top pick small-cap on our high convicon in management’s ability to execute on its plans and c ross over to a sustainable free cash flow model." (4/9/2019) 4. According to Zacks Investment Research, "Callon Petroleum’s operation is solely focused on the Permian Basin, which is the highest-producing shale play in the United States. The company boasts an impressive footprint (86,000 net acres) throughout the basin. Moreover, unlike most of the explorers in the region, the company is not significantly exposed to Permian bottlenecks as it has reserved pipeline networks to transport roughly 90% of its produced liquid volumes to the local refineries. Also, due to the Ward County acquisition and a strong performance from its Spur area assets, the company’s output is expected to surge in the near future. However, the company’s increasing operating expenses is a concern. In fact, for 2019 LOE is expected to significantly increase. Moreover, in the past few years, the company’s free cash flow remained negative, even though oil price recovered significantly from the 2016 lows. Therefore, the stock warrants a cautious stance." (3/18/2019) Has Callon Petroleum been receiving favorable news coverage? Headlines about CPE stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Callon Petroleum earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned news stories about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Callon Petroleum. Are investors shorting Callon Petroleum? Callon Petroleum saw a decline in short interest in the month of December. As of December 13th, there was short interest totalling 84,760,000 shares, a decline of 5.5% from the November 28th total of 89,740,000 shares. Based on an average daily volume of 18,270,000 shares, the days-to-cover ratio is currently 4.6 days. Approximately 37.4% of the company's shares are sold short. View Callon Petroleum's Current Options Chain. 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), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS) and Matador Resources (MTDR). 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 Range Resources (RRC), Coeur Mining (CDE), Alerian MLP ETF (AMLP), Chesapeake Energy (CHK), Ford Motor (F), Oasis Petroleum (OAS), Advanced Micro Devices (AMD), Halcon Resources (HK), Encana (ECA) and Energy Transfer LP Unit (ET). Who are Callon Petroleum's key executives? Callon Petroleum's management team includes the folowing people: Mr. Joseph C. Gatto Jr., Pres, CEO & Director (Age 48)Mr. James P. Ulm II, Sr. VP & CFO (Age 55)Ms. Mitzi P. Conn, VP, Chief Accounting Officer & Corp. Controller (Age 50)Ms. Correne S. Loeffler, VP of Fin. & Treasurer (Age 42)Mr. Jeffrey S. Balmer, Sr. VP & COO (Age 54) Who are Callon Petroleum's major shareholders? Callon Petroleum's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (1.60%), Caymus Capital Partners L.P. (1.59%), Smith Graham & Co. Investment Advisors LP (0.62%), Peregrine Capital Management LLC (0.51%), New York State Teachers Retirement System (0.26%) and First National Bank of Omaha (0.15%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry and Mitzi P Conn. View Institutional Ownership Trends for Callon Petroleum. Which major investors are selling Callon Petroleum stock? CPE stock was sold by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC and E&G Advisors LP. View Insider Buying and Selling for Callon Petroleum. Which major investors are buying Callon Petroleum stock? CPE stock was acquired by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P., Tributary Capital Management LLC, Smith Graham & Co. Investment Advisors LP, New York State Teachers Retirement System, Ellis Investment Partners LLC, First National Bank of Omaha, Peregrine Capital Management LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Callon Petroleum. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is Callon Petroleum's stock price today? One share of CPE stock can currently be purchased for approximately $3.23. How big of a company is Callon Petroleum? Callon Petroleum has a market capitalization of $737.70 million and generates $587.62 million in revenue each year. The oil and natural gas company earns $300.36 million in net income (profit) each year or $0.82 on an earnings per share basis. Callon Petroleum employs 218 workers across the globe.View Additional Information About Callon Petroleum. What is Callon Petroleum's official website? The official website for Callon Petroleum is http://www.callon.com/. How can I contact Callon Petroleum? 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] MarketBeat Community Rating for Callon Petroleum (NYSE CPE)Community Ranking: 3.3 out of 5 ( )Outperform Votes: 845 (Vote Outperform)Underperform Votes: 442 (Vote Underperform)Total Votes: 1,287MarketBeat's community ratings are surveys of what our community members think about Callon Petroleum and other stocks. Vote "Outperform" if you believe CPE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CPE will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 1/25/2020 by MarketBeat.com StaffFeatured Article: What is the market perform rating?
