NYSE:CPE Callon Petroleum - CPE Stock Forecast, Price & News Adding Choose a watchlist: 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. $41.54 -0.10 (-0.24%) (As of 02/2/2023 12:35 PM ET) Add Compare Share Share Today's Range$40.67▼$42.1050-Day Range$34.20▼$43.8952-Week Range$31.23▼$66.48Volume389,659 shsAverage Volume930,416 shsMarket Capitalization$2.56 billionP/E Ratio2.09Dividend YieldN/APrice Target$66.63 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Callon Petroleum MarketRank™ ForecastAnalyst RatingHold2.44 Rating ScoreUpside/Downside59.7% Upside$66.63 Price TargetShort InterestHealthy10.52% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.32Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth-13.23%From $14.66 to $12.72 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.04 out of 5 starsOils/Energy Sector155th out of 241 stocksCrude Petroleum & Natural Gas Industry59th out of 75 stocks 3.2 Analyst's Opinion Consensus RatingCallon Petroleum has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $66.63, Callon Petroleum has a forecasted upside of 59.7% from its current price of $41.73.Amount of Analyst CoverageCallon Petroleum has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted10.52% of the float of Callon Petroleum has been sold short.Short Interest Ratio / Days to CoverCallon Petroleum has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Callon Petroleum has recently decreased by 6.46%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCallon Petroleum does not currently pay a dividend.Dividend GrowthCallon Petroleum does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CPE. Previous Next 1.5 News and Social Media Coverage News SentimentCallon Petroleum has a news sentiment score of -0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Callon Petroleum this week, compared to 3 articles on an average week.Search Interest23 people have searched for CPE on MarketBeat in the last 30 days. This is an increase of 64% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Callon Petroleum to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Callon Petroleum insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.80% of the stock of Callon Petroleum is held by insiders.Percentage Held by Institutions83.60% of the stock of Callon Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Callon Petroleum are expected to decrease by -13.23% in the coming year, from $14.66 to $12.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Callon Petroleum is 2.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Callon Petroleum is 2.09, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 45.54.Price to Book Value per Share RatioCallon Petroleum has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Callon Petroleum (NYSE:CPE) StockCallon 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.Read More Receive CPE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Callon Petroleum and its competitors with MarketBeat's FREE daily newsletter. Email Address CPE Stock News HeadlinesJanuary 31, 2023 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Short Interest UpdateJanuary 28, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Callon Petroleum Decreased by KeyCorp (NYSE:CPE)February 2, 2023 | PressReach (Ad)Top AI Tech Stock To WatchToday's stock market news features a Robotics stock with blue sky potential.January 26, 2023 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Price Target Cut to $53.00 by Analysts at Morgan StanleyJanuary 25, 2023 | americanbankingnews.comQ4 2022 EPS Estimates for Callon Petroleum (NYSE:CPE) Decreased by Capital One FinancialJanuary 25, 2023 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Expected to Earn FY2022 Earnings of $14.62 Per ShareJanuary 22, 2023 | reuters.comCPE.MW - | Stock Price & Latest News | ReutersJanuary 20, 2023 | finance.yahoo.comWhile shareholders of Callon Petroleum (NYSE:CPE) are in the red over the last five years, underlying earnings have actually grownFebruary 2, 2023 | PressReach (Ad)Top AI Tech Stock To WatchToday's stock market news features a Robotics stock with blue sky potential.January 5, 2023 | seekingalpha.comCallon Petroleum: A Look At Its Potential 2023 ResultsJanuary 3, 2023 | finance.yahoo.comCallon Petroleum moving HQ to brand-new office building in Memorial CityDecember 30, 2022 | finance.yahoo.comA Look At The Fair Value Of Callon Petroleum Company (NYSE:CPE)December 13, 2022 | finance.yahoo.comWhy Hold Strategy is Apt for Callon Petroleum (CPE) Stock NowDecember 5, 2022 | msn.com4 Analysts Have This to Say About Callon PetroleumDecember 3, 2022 | finance.yahoo.comCallon (CPE) Down 12.1% Since Last Earnings Report: Can It Rebound?December 1, 2022 | benzinga.comThis Is What Whales Are Betting On Callon PetroleumNovember 8, 2022 | finance.yahoo.comCan Refracs Boost U.S. Shale Output?November 8, 2022 | finance.yahoo.comCallon Petroleum Third Quarter 2022 Earnings: Beats ExpectationsNovember 2, 2022 | finance.yahoo.comCallon Petroleum (CPE) Q3 Earnings and Revenues Surpass EstimatesNovember 2, 2022 | finance.yahoo.comCallon Petroleum Company Announces Third Quarter 2022 ResultsNovember 1, 2022 | finance.yahoo.comOneok Inc. (OKE) Q3 Earnings Surpass EstimatesOctober 26, 2022 | seekingalpha.comCallon Petroleum: Debt Maturities Look Quite ManageableOctober 20, 2022 | finance.yahoo.comCallon Petroleum Company (NYSE:CPE) is largely controlled by institutional shareholders who own 62% of the companyOctober 18, 2022 | finance.yahoo.comCallon Petroleum Company Schedules Third Quarter 2022 Conference Call for November 3, 2022September 30, 2022 | msn.comThe following stocks are considered to be notable value stocks in the energy sector:September 23, 2022 | benzinga.com2CPE : What Are Whales Doing With Callon PetroleumSeptember 18, 2022 | finance.yahoo.comBoasting A 37% Return On Equity, Is Callon Petroleum Company (NYSE:CPE) A Top Quality Stock?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CPE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Callon Petroleum and its competitors with MarketBeat's FREE daily newsletter. Email Address CPE Company Calendar Last Earnings11/03/2021Today2/02/2023Next Earnings (Estimated)2/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:CPE CUSIP13123X10 CIK928022 Webwww.callon.com Phone(281) 589-5200Fax601-446-1410Employees322Year FoundedN/APrice Target and Rating Average Stock Price Forecast$66.63 High Stock Price Forecast$94.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+60.4%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$19.92 Trailing P/E Ratio2.09 Forward P/E Ratio2.83 P/E GrowthN/ANet Income$365.15 million Net Margins37.99% Pretax Margin38.18% Return on Equity38.40% Return on Assets14.56% Debt Debt-to-Equity Ratio0.84 Current Ratio0.44 Quick Ratio0.44 Sales & Book Value Annual Sales$2.05 billion Price / Sales1.25 Cash Flow$14.03 per share Price / Cash Flow2.96 Book Value$33.41 per share Price / Book1.24Miscellaneous Outstanding Shares61,610,000Free Float60,500,000Market Cap$2.56 billion OptionableOptionable Beta2.69 Key ExecutivesJoseph C. GattoPresident, Chief Executive Officer & DirectorJeffrey Scott BalmerChief Operating Officer & Senior Vice PresidentKevin E. HaggardChief Financial Officer & Senior Vice PresidentAngie DayChief Information Officer & Vice PresidentCarrie EndorfVice President-Asset Development & TechnologyKey CompetitorsComstock ResourcesNYSE:CRKKosmos EnergyNYSE:KOSSM EnergyNYSE:SMW&T OffshoreNYSE:WTILaredo PetroleumNYSE:LPIView All CompetitorsInsiders & InstitutionsWolverine Asset Management LLCBought 9,400 shares on 2/1/2023Ownership: 0.070%Bank of Montreal CanBought 24,425 shares on 2/1/2023Ownership: 0.040%Zurcher Kantonalbank Zurich Cantonalbank Sold 3,914 shares on 2/1/2023Ownership: 0.011%Ellis Investment Partners LLCBought 9,269 shares on 1/31/2023Ownership: 0.082%Kestra Advisory Services LLCBought 4,639 shares on 1/31/2023Ownership: 0.019%View All Insider TransactionsView All Institutional Transactions CPE Stock - Frequently Asked Questions Should I buy or sell Callon Petroleum stock right now? 9 Wall Street research 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 research 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 analysts have issued twelve-month price targets for Callon Petroleum's shares. Their CPE share price forecasts range from $45.00 to $94.00. On average, they anticipate the company's stock price to reach $66.63 in the next year. This suggests a possible upside of 60.0% 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 start of the year. Since then, CPE shares have increased by 12.3% and is now trading at $41.64. View the best growth stocks for 2023 here. Are investors shorting Callon Petroleum? Callon Petroleum saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 5,500,000 shares, a drop of 6.5% from the December 31st total of 5,880,000 shares. Based on an average trading volume of 1,220,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 10.5% of the shares of the stock 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, February 22nd 2023. View our CPE earnings forecast. How were Callon Petroleum's earnings last quarter? Callon Petroleum (NYSE:CPE) posted its quarterly earnings data on Wednesday, November, 3rd. The oil and natural gas company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.49 by $0.44. The oil and natural gas company earned $552.56 million during the quarter, compared to analysts' expectations of $418.44 million. Callon Petroleum had a trailing twelve-month return on equity of 38.40% and a net margin of 37.99%. During the same quarter in the prior year, the business earned $0.64 earnings per share. 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 a variety of retail and institutional investors. Top institutional shareholders include Post Oak Energy Holdings LLC (1.50%), Allspring Global Investments Holdings LLC (1.00%), Peregrine Capital Management LLC (0.62%), Ellis Investment Partners LLC (0.08%), New York State Teachers Retirement System (0.08%) and Oak Ridge Investments LLC (0.08%). Insiders that own company stock include Bpp Energy Partners Llc, Bpp Holdco Llc, Gregory F Conaway, Holdings LP Blackstone III, Primexx Energy Partners, Ltd, S P Iv Johnson and Steven A Webster. 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 $41.64. How much money does Callon Petroleum make? Callon Petroleum (NYSE:CPE) has a market capitalization of $2.57 billion and generates $2.05 billion in revenue each year. The oil and natural gas company earns $365.15 million in net income (profit) each year or $19.92 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 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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