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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:CPE

Callon Petroleum Stock Forecast, Price & News

$39.27
+0.07 (+0.18%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$36.85
$39.96
50-Day Range
$39.20
$62.50
52-Week Range
$25.32
$66.48
Volume
1.97 million shs
Average Volume
2.29 million shs
Market Capitalization
$2.42 billion
P/E Ratio
4.45
Dividend Yield
N/A
Price Target
$75.25

Callon Petroleum MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
91.6% Upside
$75.25 Price Target
Short Interest
Healthy
10.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.34mentions of Callon Petroleum in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$32.39 M Sold Last Quarter
Proj. Earnings Growth
15.45%
From $16.44 to $18.98 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.07 out of 5 stars

Oils/Energy Sector

102nd out of 391 stocks

Crude Petroleum & Natural Gas Industry

40th out of 127 stocks

30 days | 90 days | 365 days | Advanced Chart

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Callon Petroleum 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.

CPE Stock News Headlines

Callon Petroleum (NYSE:CPE) Shares Gap Up to $43.06
Callon Petroleum Whale Trades For June 16
Callon Petroleum (NYSE:CPE) Trading Down 3%
2 Risky Energy Picks That Could Pay Off
Why did Callon Petroleum Stock drop today?
See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Last Earnings
5/04/2022
Today
7/03/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$75.25
High Stock Price Forecast
$101.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+91.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$365.15 million
Pretax Margin
19.77%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$14.38 per share
Book Value
$33.41 per share

Miscellaneous

Free Float
60,580,000
Market Cap
$2.42 billion
Optionable
Optionable
Beta
2.78














Callon Petroleum Frequently Asked Questions

Should I buy or sell Callon Petroleum stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.
View analyst ratings for Callon Petroleum
or view top-rated stocks.

What is Callon Petroleum's stock price forecast for 2022?

8 brokers have issued 12 month price targets for Callon Petroleum's shares. Their CPE stock forecasts range from $45.00 to $101.00. On average, they expect Callon Petroleum's stock price to reach $75.25 in the next year. This suggests a possible upside of 91.6% from the stock's current price.
View analysts' price targets for Callon Petroleum
or view top-rated stocks among Wall Street analysts.

How has Callon Petroleum's stock price performed in 2022?

Callon Petroleum's stock was trading at $47.25 on January 1st, 2022. Since then, CPE stock has decreased by 16.9% and is now trading at $39.27.
View the best growth stocks for 2022 here
.

When is Callon Petroleum's next earnings date?

Callon Petroleum is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Callon Petroleum
.

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) released its earnings results on Wednesday, May, 4th. The oil and natural gas company reported $3.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.28 by $0.15. The oil and natural gas company earned $664.80 million during the quarter, compared to analyst estimates of $587.95 million. Callon Petroleum had a trailing twelve-month return on equity of 42.41% and a net margin of 19.71%. The business's revenue for the quarter was up 107.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.49 EPS.
View Callon Petroleum's earnings history
.

Who are Callon Petroleum's key executives?

Callon Petroleum's management team includes the following people:
  • Mr. Joseph C. Gatto Jr., Pres, CEO & Director (Age 51, Pay $3.62M)
  • Mr. Kevin E. Haggard, Sr. VP & CFO (Age 51, Pay $1.17M)
  • Dr. Jeffrey S. Balmer Ph.D., Sr. VP & COO (Age 57, Pay $2.04M)
  • Mr. Gregory F. Conaway, VP & Chief Accounting Officer (Age 47, Pay $950.37k) (LinkedIn Profile)
  • Ms. Michol L. Ecklund, Sr. VP, Gen. Counsel & Corp. Sec. (Age 47, Pay $1.52M)
  • Mr. James P. Ulm II, Consultant (Age 58, Pay $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.

What is Fred L. Callon's approval rating as Callon Petroleum's CEO?

2 employees have rated Callon Petroleum CEO Fred L. Callon on Glassdoor.com. Fred L. Callon has an approval rating of 73% among Callon Petroleum'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."

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 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 $39.27.

How much money does Callon Petroleum make?

Callon Petroleum (NYSE:CPE) has a market capitalization of $2.42 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 $8.819990 on an earnings per share basis.

How many employees does Callon Petroleum have?

Callon Petroleum 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 Callon Petroleum 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 7/3/2022 by MarketBeat.com Staff

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