NYSE:CPE - Callon Petroleum Stock Price, News, & Analysis

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$7.50 -0.15 (-1.96 %)
(As of 03/20/2019 02:59 AM ET)
Previous Close$7.65
Today's Range$7.45 - $7.83
52-Week Range$5.57 - $14.65
Volume3.98 million shs
Average Volume6.26 million shs
Market Capitalization$1.71 billion
P/E Ratio9.15
Dividend YieldN/A
Beta1.54
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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP13123X10
Phone281-589-5200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$587.62 million
Cash Flow$1.6704 per share
Book Value$10.74 per share

Profitability

Net Income$300.36 million

Miscellaneous

EmployeesN/A
Market Cap$1.71 billion
Next Earnings Date5/1/2019 (Estimated)
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) released its earnings results on Monday, August, 6th. The oil and natural gas company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by $0.01. The oil and natural gas company earned $137.10 million during the quarter, compared to the consensus estimate of $133.66 million. Callon Petroleum had a net margin of 51.11% and a return on equity of 8.11%. The firm's revenue for the quarter was up 66.6% on a year-over-year basis. During the same period last year, the business posted $0.09 EPS. View Callon Petroleum's Earnings History.

When is Callon Petroleum's next earnings date?

Callon Petroleum is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Callon Petroleum.

What price target have analysts set for CPE?

19 equities research analysts have issued twelve-month price targets for Callon Petroleum's stock. Their predictions range from $9.00 to $21.00. On average, they expect Callon Petroleum's stock price to reach $14.7333 in the next twelve months. This suggests a possible upside of 96.4% from the stock's current price. View Analyst Price Targets for Callon Petroleum.

What is the consensus analysts' recommendation for Callon Petroleum?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 2 hold ratings and 17 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?

Headlines about CPE stock have been trending negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Callon Petroleum earned a news impact score of -2.0 on InfoTrie's scale. They also assigned media coverage about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a decline in short interest during the month of February. As of February 28th, there was short interest totalling 47,847,054 shares, a decline of 15.3% from the February 15th total of 56,465,724 shares. Based on an average daily trading volume, of 7,993,073 shares, the days-to-cover ratio is currently 6.0 days. Approximately 21.2% of the shares of the stock are sold short. View Callon Petroleum's Current Options Chain.

Who are some of Callon Petroleum's key competitors?

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 Halcon Resources (HK), Oasis Petroleum (OAS), Bank of America (BAC), Cypress Semiconductor (CY), Advanced Micro Devices (AMD), Encana (ECA), Energy Transfer LP Unit (ET), Alibaba Group (BABA), Chesapeake Energy (CHK) and Range Resources (RRC).

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 48)
  • Mr. James P. Ulm II, Sr. VP & CFO (Age 55)
  • Ms. Mitzi P. Conn, VP, Chief Accounting Officer & Corp. Controller (Age 50)
  • Ms. Correne S. Loeffler, VP of Fin. & Treasurer (Age 42)
  • Mr. Jerry A. Weant, VP of Land (Age 60)

Who are Callon Petroleum's major shareholders?

Callon Petroleum's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.81%), Dimensional Fund Advisors LP (7.83%), Thrivent Financial for Lutherans (3.44%), Barrow Hanley Mewhinney & Strauss LLC (2.75%), Northern Trust Corp (2.62%) and Bank of New York Mellon Corp (2.30%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry 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 Zimmer Partners LP, Channing Capital Management LLC, Bank of New York Mellon Corp, FMR LLC, Emerald Mutual Fund Advisers Trust, Columbus Circle Investors, Victory Capital Management Inc. and Bank of America Corp DE. 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 Thrivent Financial for Lutherans, BlackRock Inc., Barrow Hanley Mewhinney & Strauss LLC, Norges Bank, Weiss Multi Strategy Advisers LLC, Monarch Partners Asset Management LLC, Ninepoint Partners LP and Hancock Whitney Corp. 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 $7.50.

How big of a company is Callon Petroleum?

Callon Petroleum has a market capitalization of $1.71 billion and generates $587.62 million in revenue each year. The oil and natural gas company earns $300.36 million in net income (profit) each year or $0.82 on an earnings per share basis.

What is Callon Petroleum's official website?

The official website for Callon Petroleum is http://www.callon.com.

How can I contact Callon Petroleum?

Callon Petroleum's mailing address is 1401 enclave parkway suite 600, HOUSTON TX, 77077. The oil and natural gas company can be reached via phone at 281-589-5200 or via email at [email protected]


MarketBeat Community Rating for Callon Petroleum (NYSE CPE)

Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  768 (Vote Outperform)
Underperform Votes:  374 (Vote Underperform)
Total Votes:  1,142
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.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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