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. As of December 31, 2017, its estimated net proved reserves totaled 137.0 million barrel of oil equivalent. The company was founded in 1950 and is headquartered in Natchez, Mississippi.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone601-442-1601
Debt
Current Ratio0.57
Quick Ratio0.57
Price-To-Earnings
Sales & Book Value
Annual Sales$366.47 million
Price / Sales5.17
Price / Cash Flow7.89
Price / Book0.91
Profitability
Net Income$120.42 million
Net Margins30.70%
Return on Assets5.41%
Miscellaneous
Employees169
OptionableOptionable
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) announced its quarterly earnings results on Tuesday, November, 6th. The oil and natural gas company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. The oil and natural gas company had revenue of $161.21 million for the quarter, compared to analysts' expectations of $145.66 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 90.5% compared to the same quarter last year. During the same period last year, the firm posted $0.09 earnings per share. View Callon Petroleum's Earnings History.
When is Callon Petroleum's next earnings date?
What price target have analysts set for CPE?
21 analysts have issued 1-year price objectives for Callon Petroleum's stock. Their predictions range from $9.00 to $21.00. On average, they expect Callon Petroleum's stock price to reach $15.3529 in the next twelve months. This suggests a possible upside of 84.3% from the stock's current price. View Analyst Price Targets for Callon Petroleum.
What is the consensus analysts' recommendation 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.
Has Callon Petroleum been receiving favorable news coverage?
News stories about CPE stock have been trending positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Callon Petroleum earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned media coverage about the oil and natural gas company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future.
Are investors shorting Callon Petroleum?
Callon Petroleum saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 46,272,655 shares, an increase of 10.4% from the December 14th total of 41,926,704 shares. Based on an average daily volume of 6,107,954 shares, the days-to-cover ratio is currently 7.6 days. Approximately 20.5% of the company's stock 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 Energen (EGN), Cimarex Energy (XEC), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), EQT (EQT), Murphy Oil (MUR), Centennial Resource Development (CDEV), Vermilion Energy (VET), Newfield Exploration (NFX), Viper Energy Partners (VNOM), Antero Resources (AR), Black Stone Minerals (BSM), Magnolia Oil & Gas (MGY) and Range Resources (RRC).
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. Gary A. Newberry, Exec. Officer (Age 64)
Who are Callon Petroleum's major shareholders?
Callon Petroleum's stock is owned by many different of retail and institutional investors. Top institutional investors include Copper Rock Capital Partners LLC (0.96%), Retirement Systems of Alabama (0.45%), Louisiana State Employees Retirement System (0.03%) and Chesley Taft & Associates LLC (0.01%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry, Jerry A Weant and Mitzi P Conn. View Institutional Ownership Trends for Callon Petroleum.
Which major investors are selling Callon Petroleum stock?
Which major investors are buying Callon Petroleum stock?
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, Scottrade, Fidelity and Charles Schwab.
What is Callon Petroleum's stock price today?
One share of CPE stock can currently be purchased for approximately $8.33.
How big of a company is Callon Petroleum?
Callon Petroleum has a market capitalization of $1.89 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.
What is Callon Petroleum's official website?
How can I contact Callon Petroleum?
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]
MarketBeat Community Rating for Callon Petroleum (NYSE CPE)
MarketBeat'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.
