NYSE:CPE - Callon Petroleum Stock Price, Price Target & More

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

Callon Petroleum (NYSE:CPE) posted its quarterly earnings results on Wednesday, May, 2nd. The oil and natural gas company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.19 by $0.01. The oil and natural gas company earned $127.40 million during the quarter, compared to analysts' expectations of $120.69 million. Callon Petroleum had a return on equity of 5.98% and a net margin of 31.28%. The company's revenue for the quarter was up 56.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.22 EPS. View Callon Petroleum's Earnings History.

Callon Petroleum is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Callon Petroleum.

16 analysts have issued twelve-month price targets for Callon Petroleum's shares. Their predictions range from $12.00 to $21.00. On average, they anticipate Callon Petroleum's stock price to reach $16.00 in the next year. This suggests a possible upside of 46.3% from the stock's current price. View Analyst Ratings for Callon Petroleum.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Callon Petroleum saw a increase in short interest during the month of June. As of June 29th, there was short interest totalling 50,371,796 shares, an increase of 14.4% from the June 15th total of 44,041,150 shares. Based on an average trading volume of 6,899,917 shares, the days-to-cover ratio is presently 7.3 days. Approximately 22.3% of the shares of the stock are short sold. View Callon Petroleum's Current Options Chain.

Some companies that are related to Callon Petroleum include Cimarex Energy (XEC), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR), Vermilion Energy (VET), Centennial Resource Development (CDEV), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Crescent Point Energy (CPG), PDC Energy (PDCE), Range Resources (RRC) and ARC Resources (AETUF).

Media stories about CPE stock have been trending somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Callon Petroleum earned a media sentiment score of 0.11 on Accern's scale. They also assigned media coverage about the oil and natural gas company an impact score of 45.76 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Callon Petroleum's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (1.21%), Copper Rock Capital Partners LLC (0.82%), Viking Fund Management LLC (0.09%), Chesley Taft & Associates LLC (0.01%) and Cerebellum GP LLC (0.01%). View Institutional Ownership Trends for Callon Petroleum.

CPE stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC. View Insider Buying and Selling for Callon Petroleum.

CPE stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Viking Fund Management LLC, Chesley Taft & Associates LLC and Cerebellum GP LLC. View Insider Buying and Selling for 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.

One share of CPE stock can currently be purchased for approximately $10.94.

Callon Petroleum has a market capitalization of $2.48 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.

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]