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S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
The Next Big Crisis Is Here (Ad)
Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
The Next Big Crisis Is Here (Ad)
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
The Next Big Crisis Is Here (Ad)
Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
The Next Big Crisis Is Here (Ad)
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
The Next Big Crisis Is Here (Ad)
Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
The Next Big Crisis Is Here (Ad)
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
NYSE:CPE

Callon Petroleum - CPE Stock Forecast, Price & News

$41.45
-1.82 (-4.21%)
(As of 01/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$41.40
$42.64
50-Day Range
$34.20
$43.89
52-Week Range
$31.23
$66.48
Volume
691,329 shs
Average Volume
951,465 shs
Market Capitalization
$2.55 billion
P/E Ratio
2.08
Dividend Yield
N/A
Price Target
$66.63

Callon Petroleum MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
60.7% Upside
$66.63 Price Target
Short Interest
Healthy
10.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.38mentions of Callon Petroleum in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-11.44%
From $14.69 to $13.01 Per Share

Overall MarketRank

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

2.09 out of 5 stars

Oils/Energy Sector

154th out of 241 stocks

Crude Petroleum & Natural Gas Industry

57th out of 75 stocks


CPE stock logo

About Callon Petroleum (NYSE:CPE) Stock

Callon 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.

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CPE Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
CPE.MW - | Stock Price & Latest News | Reuters
Callon Petroleum: A Look At Its Potential 2023 Results
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
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
See More Headlines
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CPE Company Calendar

Last Earnings
11/02/2022
Today
1/31/2023
Next Earnings (Estimated)
2/22/2023
Fiscal Year End
12/31/2023

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
$66.63
High Stock Price Forecast
$94.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+60.7%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$365.15 million
Pretax Margin
38.18%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$13.77 per share
Book Value
$33.41 per share

Miscellaneous

Free Float
60,500,000
Market Cap
$2.55 billion
Optionable
Optionable
Beta
2.63

Key Executives

  • Joseph C. Gatto
    President, Chief Executive Officer & Director
  • Jeffrey Scott Balmer
    Chief Operating Officer & Senior Vice President
  • Kevin E. Haggard
    Chief Financial Officer & Senior Vice President
  • Angie Day
    Chief Information Officer & Vice President
  • Carrie Endorf
    Vice President-Asset Development & Technology













CPE Stock - Frequently Asked Questions

Should I buy or sell Callon Petroleum stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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 Wall Street analysts have issued 1 year price targets for Callon Petroleum's stock. Their CPE share price forecasts range from $45.00 to $94.00. On average, they expect the company's stock price to reach $66.63 in the next twelve months. This suggests a possible upside of 60.7% 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 beginning of 2023. Since then, CPE shares have increased by 11.8% and is now trading at $41.45.
View the best growth stocks for 2023 here
.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a drop in short interest during 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 daily trading volume, of 1,220,000 shares, the days-to-cover ratio is presently 4.5 days. Currently, 10.5% of the company's stock are short sold.
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) released its quarterly earnings results on Wednesday, November, 2nd. The oil and natural gas company reported $4.04 EPS for the quarter, topping analysts' consensus estimates of $4.00 by $0.04. The oil and natural gas company earned $835.88 million during the quarter, compared to analyst estimates of $699.68 million. Callon Petroleum had a trailing twelve-month return on equity of 38.40% and a net margin of 37.99%.

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 Post Oak Energy Holdings LLC (1.50%), Allspring Global Investments Holdings LLC (1.00%), Peregrine Capital Management LLC (0.62%), New York State Teachers Retirement System (0.08%), Oak Ridge Investments LLC (0.08%) and Yousif Capital Management LLC (0.05%). 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 $41.45.

How much money does Callon Petroleum make?

Callon Petroleum (NYSE:CPE) has a market capitalization of $2.55 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 1/31/2023 by MarketBeat.com Staff