S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:CPE

Callon Petroleum (CPE) Stock Price, News & Analysis

$35.76
+0.64 (+1.82%)
(As of 03/28/2024 ET)
Today's Range
$35.33
$36.20
50-Day Range
$30.63
$36.06
52-Week Range
$28.62
$41.36
Volume
30.36 million shs
Average Volume
2.15 million shs
Market Capitalization
$2.38 billion
P/E Ratio
5.87
Dividend Yield
N/A
Price Target
$40.33

Callon Petroleum MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
12.8% Upside
$40.33 Price Target
Short Interest
Healthy
16.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.05mentions of Callon Petroleum in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.43%
From $6.56 to $7.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.72 out of 5 stars

Oils/Energy Sector

142nd out of 238 stocks

Crude Petroleum & Natural Gas Industry

48th out of 73 stocks

CPE stock logo

About Callon Petroleum Stock (NYSE:CPE)

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in West Texas. Callon Petroleum Company was founded in 1950 and is headquartered in Houston, Texas.

CPE Stock Price History

CPE Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Callon Petroleum (NYSE:CPE) PT Lowered to $35.00 at Mizuho
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
CPE Jul 2024 31.000 call
CPE Jun 2024 31.000 call
Q4 2023 APA Corp (US) Earnings Call
CPE Jul 2024 33.000 call
CPE Mar 2024 30.000 call
CPE Mar 2024 36.000 put
CPE Mar 2024 30.000 put
CPE Jun 2024 21.000 put
CPE Apr 2024 42.000 put
CPE Jun 2024 32.000 put
Callon Petroleum Co.
Callon Petroleum just downgraded at Stifel, here's why
See More Headlines
Receive CPE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Callon Petroleum and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/26/2024
Today
3/28/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
13123X10
Employees
281
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.33
High Stock Price Target
$48.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+12.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$401.20 million
Pretax Margin
9.02%

Debt

Sales & Book Value

Annual Sales
$2.34 billion
Cash Flow
$15.75 per share
Book Value
$58.89 per share

Miscellaneous

Free Float
65,311,000
Market Cap
$2.38 billion
Optionable
Optionable
Beta
2.46
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Joseph C. Gatto Jr. (Age 53)
    President, CEO & Director
    Comp: $2.37M
  • Mr. Kevin E. Haggard (Age 53)
    Senior VP & CFO
    Comp: $1.07M
  • Mr. Gregory F. ConawayMr. Gregory F. Conaway (Age 49)
    VP & Chief Accounting Officer
    Comp: $668.22k
  • Ms. Michol L. Ecklund (Age 48)
    Senior VP, General Counsel, Chief Sustainability Officer & Corporate Secretary
    Comp: $998.74k
  • Mr. Russell E. Parker (Age 47)
    Senior VP & COO
  • Ms. Angie Day
    VP & Chief Information Officer
  • Mr. Matthew Hesterberg
    Investor Relations
  • Mr. Liam Kelly
    Vice President of Corporate Development & Land
  • Mr. J. Michael Hastings
    Vice President of Marketing
  • Ms. Elizabeth Shuler
    Vice President of Human Resources

CPE Stock Analysis - Frequently Asked Questions

Should I buy or sell Callon Petroleum stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CPE shares.
View CPE analyst ratings
or view top-rated stocks.

What is Callon Petroleum's stock price target for 2024?

6 Wall Street analysts have issued 1 year target prices for Callon Petroleum's shares. Their CPE share price targets range from $32.00 to $48.00. On average, they anticipate the company's share price to reach $40.33 in the next twelve months. This suggests a possible upside of 12.8% 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 2024?

Callon Petroleum's stock was trading at $32.40 at the start of the year. Since then, CPE stock has increased by 10.4% and is now trading at $35.76.
View the best growth stocks for 2024 here
.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 8,370,000 shares, a drop of 9.6% from the February 29th total of 9,260,000 shares. Based on an average daily volume of 1,640,000 shares, the short-interest ratio is presently 5.1 days. Currently, 16.0% of the shares of the 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, May 1st 2024.
View our CPE earnings forecast
.

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) announced its quarterly earnings data on Monday, February, 26th. The oil and natural gas company reported $1.62 earnings per share for the quarter, missing analysts' consensus estimates of $1.74 by $0.12. The oil and natural gas company had revenue of $601.36 million for the quarter, compared to analysts' expectations of $563.30 million. Callon Petroleum had a net margin of 17.12% and a trailing twelve-month return on equity of 12.65%.

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).

Who are Callon Petroleum's major shareholders?

Callon Petroleum's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.95%), Vanguard Group Inc. (10.13%), Dimensional Fund Advisors LP (5.04%), HAP Trading LLC (0.00%), Boston Trust Walden Corp (1.63%) and Channing Capital Management LLC (1.56%). Insiders that own company stock include Barbara J Faulkenberry, Bpp Energy Partners Llc, Bpp Holdco Llc, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CPE) was last updated on 3/29/2024 by MarketBeat.com Staff

From Our Partners