NYSE:CPECallon Petroleum Stock Price, Forecast & News

Callon Petroleum's stock was trading at $0.6042 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CPE stock has increased by 10.7% and is now trading at $0.6687. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 5 sell ratings, 14 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Callon Petroleum.

Callon Petroleum is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Callon Petroleum.

Callon Petroleum (NYSE:CPE) announced its quarterly earnings data on Monday, May, 11th. The oil and natural gas company reported $0.12 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.03. The oil and natural gas company earned $289.92 million during the quarter, compared to analyst estimates of $344.75 million. Callon Petroleum had a net margin of 37.61% and a return on equity of 7.24%. View Callon Petroleum's earnings history.

23 equities research analysts have issued 12-month price targets for Callon Petroleum's stock. Their forecasts range from $0.50 to $13.00. On average, they expect Callon Petroleum's stock price to reach $5.62 in the next year. This suggests a possible upside of 739.9% from the stock's current price. View analysts' price targets for Callon Petroleum.

Headlines about CPE stock have trended positive recently, InfoTrie reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Callon Petroleum earned a coverage optimism score of 2.8 on InfoTrie's scale. They also gave headlines about the oil and natural gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutCallon Petroleum.

Some companies that are related to Callon Petroleum include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), Apache (APA), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Southwestern Energy (SWN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Callon Petroleum investors own include Range Resources (RRC), Oasis Petroleum (OAS), Coeur Mining (CDE), Chesapeake Energy (CHK), Energy Transfer LP Unit (ET), Ford Motor (F), Alerian MLP ETF (AMLP), Advanced Micro Devices (AMD), Bank of America (BAC) and General Electric (GE).

Callon Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPE."

Callon Petroleum's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.95%), State Street Corp (8.07%), Morgan Stanley (2.55%), Morgan Stanley (2.55%), Schroder Investment Management Group (1.51%) and Silvercrest Asset Management Group LLC (1.49%). Company insiders that own Callon Petroleum stock include Barbara J Faulkenberry, Gregory F Conaway, Mitzi P Conn and Steven A Webster. View institutional ownership trends for Callon Petroleum.

CPE stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Victory Capital Management Inc., Victory Capital Management Inc., BlackRock Inc., Silvercrest Asset Management Group LLC, Nuveen Asset Management LLC, UBS Group AG, and Public Sector Pension Investment Board. View insider buying and selling activity for Callon Petroleum.

CPE stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Morgan Stanley, Morgan Stanley, Two Sigma Investments LP, Schroder Investment Management Group, Arosa Capital Management LP, Smith Graham & Co. Investment Advisors LP, and Luminus Management LLC. Company insiders that have bought Callon Petroleum stock in the last two years include Barbara J Faulkenberry, Gregory F Conaway, and Steven A Webster. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of CPE stock can currently be purchased for approximately $0.67.

Callon Petroleum has a market capitalization of $265.47 million and generates $671.57 million in revenue each year. The oil and natural gas company earns $67.93 million in net income (profit) each year or $0.76 on an earnings per share basis. Callon Petroleum employs 218 workers across the globe.

The official website for Callon Petroleum is www.callon.com.

Callon Petroleum's mailing address is 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042. The oil and natural gas company can be reached via phone at 281-589-5200 or via email at [email protected]