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
Current SymbolNYSE:CPE
Previous Symbol
CUSIP13123X10
Phone601-442-1601
Debt
Debt-to-Equity Ratio0.46
Current Ratio0.57
Quick Ratio0.57
Price-To-Earnings
Trailing P/E Ratio17.93
Forward P/E Ratio8.56
P/E GrowthN/A
Sales & Book Value
Annual Sales$366.47 million
Price / Sales4.68
Cash Flow$0.9843 per share
Price / Cash Flow7.65
Book Value$9.20 per share
Price / Book0.82
Profitability
EPS (Most Recent Fiscal Year)$0.42
Net Income$120.42 million
Net Margins30.70%
Return on Equity8.31%
Return on Assets5.41%
Miscellaneous
Employees169
Outstanding Shares227,580,000
Market Cap$1.83 billion
OptionableOptionable
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 quarterly earnings data on Tuesday, November, 6th. The oil and natural gas company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. The oil and natural gas company had revenue of $161.21 million for the quarter, compared to analyst estimates of $145.66 million. Callon Petroleum had a net margin of 30.70% and a return on equity of 8.31%. The company's revenue was up 90.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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?
21 Wall Street analysts have issued 1-year target prices for Callon Petroleum's shares. Their predictions range from $9.00 to $21.00. On average, they anticipate Callon Petroleum's share price to reach $15.6316 in the next year. This suggests a possible upside of 107.6% from the stock's current price. View Analyst Price Targets for Callon Petroleum.
What is the consensus analysts' recommendation for Callon Petroleum?
21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 2 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callon Petroleum.
Has Callon Petroleum been receiving favorable news coverage?
Media coverage about CPE stock has been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Callon Petroleum earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles about the oil and natural gas company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the stock's share price in the near term.
Are investors shorting Callon Petroleum?
Callon Petroleum saw a drop in short interest in November. As of November 30th, there was short interest totalling 43,724,810 shares, a drop of 13.5% from the November 15th total of 50,573,976 shares. Based on an average daily trading volume, of 4,072,072 shares, the days-to-cover ratio is currently 10.7 days. Approximately 19.4% of the company's shares are short sold. 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 Cimarex Energy (XEC), Energen (EGN), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), Murphy Oil (MUR), EQT (EQT), Centennial Resource Development (CDEV), Antero Resources (AR), Vermilion Energy (VET), Viper Energy Partners (VNOM), Range Resources (RRC), Black Stone Minerals (BSM), Newfield Exploration (NFX) and Magnolia Oil & Gas (MGY).
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 investors include BlackRock Inc. (11.23%), Vanguard Group Inc. (8.96%), Dimensional Fund Advisors LP (7.93%), Bank of New York Mellon Corp (2.69%), Channing Capital Management LLC (2.68%) and Glenmede Trust Co. NA (2.66%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry, 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 Luminus Management LLC, Columbus Circle Investors, Wilks Brothers LLC, Point72 Asset Management L.P., Tributary Capital Management LLC, Morgan Stanley, Paloma Partners Management Co and Marshall Wace North America L.P.. 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 Dimensional Fund Advisors LP, BlackRock Inc., BlueMountain Capital Management LLC, Vanguard Group Inc., Walthausen & Co. LLC, Key Group Holdings Cayman LTD., Glenmede Trust Co. NA and Channing Capital Management 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 $7.53.
How big of a company is Callon Petroleum?
Callon Petroleum has a market capitalization of $1.83 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.
