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
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:CPE
CUSIP13123X10
Phone601-442-1601
Debt
Debt-to-Equity Ratio0.44
Current Ratio2.61
Quick Ratio2.61
Price-To-Earnings
Trailing P/E Ratio29.48
Forward P/E Ratio14.28
P/E GrowthN/A
Sales & Book Value
Annual Sales$366.47 million
Price / Sales7.63
Cash Flow$1.0994 per share
Price / Cash11.17
Book Value$9.20 per share
Price / Book1.33
Profitability
EPS (Most Recent Fiscal Year)$0.42
Net Income$120.42 million
Net Margins31.27%
Return on Equity7.25%
Return on Assets4.88%
Miscellaneous
Employees169
Outstanding Shares227,570,000
Market Cap$2.67 billion
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) issued its earnings results on Monday, August, 6th. The oil and natural gas company reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.01. The oil and natural gas company had revenue of $137.10 million for the quarter, compared to the consensus estimate of $133.66 million. Callon Petroleum had a return on equity of 7.25% and a net margin of 31.27%. Callon Petroleum's quarterly revenue was up 66.6% on a year-over-year basis. During the same quarter last year, the business posted $0.09 EPS. View Callon Petroleum's Earnings History.
When is Callon Petroleum's next earnings date?
What price target have analysts set for CPE?
18 Wall Street analysts have issued 12-month price objectives for Callon Petroleum's shares. Their forecasts range from $12.00 to $21.00. On average, they expect Callon Petroleum's share price to reach $16.3529 in the next twelve months. This suggests a possible upside of 33.2% from the stock's current price. View Analyst Price Targets for Callon Petroleum.
What is the consensus analysts' recommendation for Callon Petroleum?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callon Petroleum.
Are investors shorting Callon Petroleum?
Callon Petroleum saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 44,746,722 shares, an increase of 0.1% from the August 15th total of 44,717,753 shares. Based on an average trading volume of 3,419,118 shares, the days-to-cover ratio is presently 13.1 days. Currently, 19.8% of the shares of the 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 Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), Energen (EGN), WPX Energy (WPX), RSP Permian (RSPP), Antero Resources (AR), Newfield Exploration (NFX), Centennial Resource Development (CDEV), Murphy Oil (MUR), Viper Energy Partners (VNOM), Vermilion Energy (VET), Whiting Petroleum (WLL), Range Resources (RRC) and Oasis Petroleum (OAS).
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 47)
- Mr. James P. Ulm II, Sr. VP & CFO (Age 54)
- Mr. Gary A. Newberry, Sr. VP & COO (Age 63)
- Ms. Mitzi P. Conn, VP, Chief Accounting Officer & Corp. Controller (Age 49)
- Ms. Correne S. Loeffler, VP of Fin. & Treasurer (Age 41)
Who are Callon Petroleum's major shareholders?
Callon Petroleum's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.91%), Dimensional Fund Advisors LP (7.59%), Luminus Management LLC (2.91%), Northern Trust Corp (2.77%), Bank of New York Mellon Corp (2.72%) and Bank of New York Mellon Corp (2.72%). Company insiders that own Callon Petroleum stock include Jerry A Weant and Mitzi P Conn. View Institutional Ownership Trends for Callon Petroleum.
Which institutional investors are selling Callon Petroleum stock?
CPE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vaughan Nelson Investment Management L.P., Caymus Capital Partners L.P., Copper Rock Capital Partners LLC, United Services Automobile Association, OppenheimerFunds Inc., Schroder Investment Management Group and Schroder Investment Management Group. View Insider Buying and Selling for Callon Petroleum.
Which institutional investors are buying Callon Petroleum stock?
CPE stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Columbus Circle Investors, Luminus Management LLC, Channing Capital Management LLC, Dimensional Fund Advisors LP, Fisher Asset Management LLC, Glenmede Trust Co. NA and Stephens Investment Management Group LLC. 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, Scottrade, Fidelity and Charles Schwab.
What is Callon Petroleum's stock price today?
One share of CPE stock can currently be purchased for approximately $12.28.
How big of a company is Callon Petroleum?
Callon Petroleum has a market capitalization of $2.67 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.
