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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Microsoft strikes 10-year deal with Nintendo on Call of Duty
"TAKE THAT, CHINA!" USA Gains in EV Battery Arms Race (Ad)
Top 10 Searched Stocks on MarketBeat All-Access
Could trawler cams help save world's dwindling fish stocks?
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Southwest Airlines brings back dividend as travel rebounds
3 Dividend Kings With Royally Good Upside
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Microsoft strikes 10-year deal with Nintendo on Call of Duty
"TAKE THAT, CHINA!" USA Gains in EV Battery Arms Race (Ad)
Top 10 Searched Stocks on MarketBeat All-Access
Could trawler cams help save world's dwindling fish stocks?
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Southwest Airlines brings back dividend as travel rebounds
3 Dividend Kings With Royally Good Upside
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Microsoft strikes 10-year deal with Nintendo on Call of Duty
"TAKE THAT, CHINA!" USA Gains in EV Battery Arms Race (Ad)
Top 10 Searched Stocks on MarketBeat All-Access
Could trawler cams help save world's dwindling fish stocks?
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Southwest Airlines brings back dividend as travel rebounds
3 Dividend Kings With Royally Good Upside
NYSE:CPE

Callon Petroleum - CPE Stock Forecast, Price & News

$36.59
-1.19 (-3.15%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$36.25
$38.28
50-Day Range
$34.77
$48.23
52-Week Range
$31.23
$66.48
Volume
1.19 million shs
Average Volume
1.19 million shs
Market Capitalization
$2.25 billion
P/E Ratio
1.84
Dividend Yield
N/A
Price Target
$68.57

Callon Petroleum MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
87.8% Upside
$68.71 Price Target
Short Interest
Bearish
13.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.26mentions of Callon Petroleum in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.29%
From $14.93 to $15.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Oils/Energy Sector

142nd out of 246 stocks

Crude Petroleum & Natural Gas Industry

59th out of 78 stocks

CPE stock logo

About Callon Petroleum (NYSE:CPE) Stock

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. As of December 31, 2021, its estimated net proved reserves totaled approximately 484.6 million barrel of oil equivalent, including 290.3 MMBbls oil, 577.3 Bcf of natural gas, and 98.1 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.

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CPE Stock News Headlines

Callon Petroleum (NYSE:CPE) Trading Down 5.2%
Can Refracs Boost U.S. Shale Output?
Oneok Inc. (OKE) Q3 Earnings Surpass Estimates
Callon Petroleum: Debt Maturities Look Quite Manageable
2CPE : What Are Whales Doing With Callon Petroleum
Noteworthy Friday Option Activity: DG, COLM, CPE
Why Is Callon (CPE) Up 10.1% Since Last Earnings Report?
What 8 Analyst Ratings Have To Say About Callon Petroleum
See More Headlines
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CPE Company Calendar

Last Earnings
11/03/2021
Today
12/08/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/22/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
13123X10
Employees
322
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$68.71
High Stock Price Forecast
$94.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+87.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$365.15 million
Pretax Margin
38.18%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$13.97 per share
Book Value
$33.41 per share

Miscellaneous

Free Float
60,500,000
Market Cap
$2.25 billion
Optionable
Optionable
Beta
2.65

Key Executives

  • Mr. Joseph C. Gatto Jr. (Age 51)
    Pres, CEO & Director
    Comp: $3.62M
  • Mr. Kevin E. Haggard (Age 51)
    Sr. VP & CFO
    Comp: $1.17M
  • Dr. Jeffrey S. Balmer Ph.D. (Age 57)
    Sr. VP & COO
    Comp: $2.04M
  • Mr. Gregory F. ConawayMr. Gregory F. Conaway (Age 47)
    VP & Chief Accounting Officer
    Comp: $950.37k
  • Ms. Michol L. Ecklund (Age 47)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.52M
  • Mr. James P. Ulm II (Age 58)
    Consultant
    Comp: $1.28M
  • Mr. Kevin C. Smith
    Director of Investor Relations
  • Mr. Liam Kelly
    VP of Corp. Devel.
  • Mr. J. Michael Hastings
    VP of Marketing
  • Clay V. Bland
    Assistant Corp. Sec. & Risk Mang.













CPE Stock - Frequently Asked Questions

Should I buy or sell Callon Petroleum stock right now?

8 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 3 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?

8 analysts have issued 12 month target prices for Callon Petroleum's shares. Their CPE share price forecasts range from $45.00 to $94.00. On average, they predict the company's share price to reach $68.71 in the next year. This suggests a possible upside of 87.8% 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 2022?

Callon Petroleum's stock was trading at $47.25 at the beginning of 2022. Since then, CPE stock has decreased by 22.6% and is now trading at $36.59.
View the best growth stocks for 2022 here
.

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) issued its quarterly earnings results on Wednesday, November, 3rd. The oil and natural gas company reported $2.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.49 by $0.44. The oil and natural gas company earned $552.56 million during the quarter, compared to analyst estimates 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 period in the prior year, the firm posted $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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.71%), Vanguard Group Inc. (10.73%), State Street Corp (5.92%), Dimensional Fund Advisors LP (2.46%), Marshall Wace LLP (1.22%) and Allspring Global Investments Holdings LLC (1.08%). 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 $36.59.

How much money does Callon Petroleum make?

Callon Petroleum (NYSE:CPE) has a market capitalization of $2.25 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 12/8/2022 by MarketBeat.com Staff