Callon Petroleum Stock Forecast, Price & News

Callon Petroleum's stock was trading at $0.6042 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CPE stock has increased by 2,357.8% and is now trading at $14.85.
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19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last twelve months. There are currently 6 sell ratings, 11 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Callon Petroleum stock. 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.
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538 employees have rated Callon Petroleum CEO Thomas Greco on Glassdoor.com. Thomas Greco has an approval rating of 63% among Callon Petroleum's employees. This puts Thomas Greco in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Callon Petroleum is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Callon Petroleum.

Callon Petroleum will be holding an earnings conference call on Wednesday, February 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Callon Petroleum (NYSE:CPE) announced its earnings results on Monday, November, 2nd. The oil and natural gas company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.49. The oil and natural gas company earned $290.03 million during the quarter, compared to analyst estimates of $248.70 million. Callon Petroleum had a positive return on equity of 5.38% and a negative net margin of 219.88%.
View Callon Petroleum's earnings history.

19 Wall Street analysts have issued twelve-month target prices for Callon Petroleum's shares. Their forecasts range from $0.50 to $20.00. On average, they anticipate Callon Petroleum's stock price to reach $6.80 in the next twelve months. This suggests that the stock has a possible downside of 54.2%.
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Some companies that are related to Callon Petroleum include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Devon Energy (DVN), Cabot Oil & Gas (COG), Continental Resources (CLR), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE), Range Resources (RRC) and Southwestern Energy (SWN).
View all of CPE's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Callon Petroleum investors own include (OAS), Bank of America (BAC), Range Resources (RRC), Energy Transfer (ET), Ford Motor (F), Advanced Micro Devices (AMD), General Electric (GE), The Boeing (BA), AT&T (T) and Coeur Mining (CDE).

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

Callon Petroleum's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry, Gregory F Conaway and Steven A Webster.
View institutional ownership trends for Callon Petroleum.

CPE stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.
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Shares of CPE 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.

One share of CPE stock can currently be purchased for approximately $14.85.

Callon Petroleum has a market capitalization of $590.33 million and generates $671.57 million in revenue each year. The oil and natural gas company earns $67.93 million in net income (profit) each year or $7.60 on an earnings per share basis. Callon Petroleum employs 475 workers across the globe.

The official website for Callon Petroleum is www.callon.com.

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]