NYSE:CPE Callon Petroleum (CPE) Stock Price, News & Analysis → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free CPE Stock Alerts $35.76 0.00 (0.00%) (As of 04/11/2024) Add Compare Share Share Today's Range$35.76▼$35.7650-Day Range$30.63▼$36.0652-Week Range$28.62▼$41.36VolumeN/AAverage Volume2.15 million shsMarket Capitalization$2.38 billionP/E Ratio5.87Dividend YieldN/APrice Target$40.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Callon Petroleum alerts: Email Address Callon Petroleum MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside12.8% Upside$40.33 Price TargetShort InterestHealthy16.01% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth11.43%From $6.56 to $7.31 Per ShareSee Full Details Hide Full Details 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.3.01 out of 5 starsEnergy Sector4th out of 9 stocksOil & Gas E&P Industry2nd out of 3 stocks 2.3 Analyst's Opinion Consensus RatingCallon Petroleum has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageCallon Petroleum has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted16.01% of the float of Callon Petroleum has been sold short.Short Interest Ratio / Days to CoverCallon Petroleum has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in Callon Petroleum has recently decreased by 9.61%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCallon Petroleum does not currently pay a dividend.Dividend GrowthCallon Petroleum does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CPE. Previous Next 3.4 News and Social Media Coverage News SentimentCallon Petroleum has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Callon Petroleum this week, compared to 3 articles on an average week.Search Interest6 people have searched for CPE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added Callon Petroleum to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Callon Petroleum insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.80% of the stock of Callon Petroleum is held by insiders.Percentage Held by Institutions91.08% of the stock of Callon Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Callon Petroleum are expected to grow by 11.43% in the coming year, from $6.56 to $7.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Callon Petroleum is 5.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Callon Petroleum is 5.87, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 94.43.Price to Book Value per Share RatioCallon Petroleum has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story 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.Read More CPE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CPE Stock News HeadlinesApril 13, 2024 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Coverage Initiated by Analysts at StockNews.comMarch 29, 2024 | prnewswire.comCALLON PETROLEUM COMPANY ANNOUNCES EXPIRATION AND FINAL RESULTS OF ITS TENDER OFFERS AND CONSENT SOLICITATIONSApril 20, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereMarch 25, 2024 | prnewswire.comAppFolio Set to Join S&P MidCap 400; Inari Medical to Join S&P SmallCap 600March 21, 2024 | nasdaq.comCallon Petroleum (CPE) Shares Cross Above 200 DMAMarch 18, 2024 | finance.yahoo.comCPE Jul 2024 31.000 callMarch 18, 2024 | finance.yahoo.comCPE Jun 2024 31.000 callMarch 15, 2024 | prnewswire.comCALLON PETROLEUM COMPANY ANNOUNCES PRICE DETERMINATION WITH RESPECT TO ITS TENDER OFFERS AND CONSENT SOLICITATIONSApril 20, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereMarch 15, 2024 | finance.yahoo.comCALLON PETROLEUM COMPANY ANNOUNCES EARLY RESULTS OF ITS TENDER OFFERS AND CONSENT SOLICITATIONSMarch 1, 2024 | prnewswire.comCALLON PETROLEUM COMPANY ANNOUNCES TENDER OFFERS AND CONSENT SOLICITATIONS CONTINGENT ON CLOSING OF MERGERFebruary 26, 2024 | prnewswire.comCallon Petroleum Company Reports Fourth Quarter and Full Year 2023 ResultsFebruary 23, 2024 | finance.yahoo.comQ4 2023 APA Corp (US) Earnings CallFebruary 21, 2024 | finance.yahoo.comEarnings Preview: Callon Petroleum (CPE) Q4 Earnings Expected to DeclineFebruary 19, 2024 | ca.finance.yahoo.comCPE Jul 2024 33.000 callFebruary 19, 2024 | finance.yahoo.comCPE Mar 2024 30.000 callFebruary 19, 2024 | finance.yahoo.comCPE Mar 2024 36.000 putFebruary 19, 2024 | ca.finance.yahoo.comCPE Mar 2024 30.000 putFebruary 17, 2024 | ca.finance.yahoo.comCPE Jun 2024 21.000 putFebruary 17, 2024 | ca.finance.yahoo.comCPE Apr 2024 42.000 putFebruary 15, 2024 | finance.yahoo.comCPE Jun 2024 32.000 putFebruary 14, 2024 | wsj.comCallon Petroleum Co.January 23, 2024 | realmoney.thestreet.comCallon Petroleum just downgraded at Stifel, here's whyJanuary 7, 2024 | seekingalpha.comAPA's Acquisition Of Callon Petroleum - An Opportunity For CPE ShareholdersJanuary 5, 2024 | msn.comM & A News: APA Acquires Callon (NYSE:CPE) in $4.5B DealJanuary 4, 2024 | benzinga.comBig Players' Recent Trades in CPE OptionsJanuary 4, 2024 | seekingalpha.comAPA Corporation Buys Callon Petroleum: Joining Domestic Energy ConsolidationSee 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. Email Address Company Calendar Last Earnings2/26/2024Today4/19/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryOil & Gas Exploration & Production Current SymbolNYSE:CPE CUSIP13123X10 CIK928022 Webwww.callon.com Phone(281) 589-5200Fax601-446-1410Employees281Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$6.09 Trailing P/E Ratio5.87 Forward P/E Ratio5.45 P/E GrowthN/ANet Income$401.20 million Net Margins17.12% Pretax Margin9.02% Return on Equity12.65% Return on Assets7.14% Debt Debt-to-Equity Ratio0.48 Current Ratio0.39 Quick Ratio0.39 Sales & Book Value Annual Sales$2.34 billion Price / Sales1.02 Cash Flow$15.09 per share Price / Cash Flow2.37 Book Value$58.89 per share Price / Book0.61Miscellaneous Outstanding Shares66,508,000Free Float65,311,000Market Cap$2.38 billion OptionableOptionable Beta2.46 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Joseph C. Gatto Jr. (Age 53)President, CEO & Director Comp: $2.37MMr. Kevin E. Haggard (Age 53)Senior VP & CFO Comp: $1.07MMr. Gregory F. Conaway (Age 49)VP & Chief Accounting Officer Comp: $668.22kMs. Michol L. Ecklund (Age 48)Senior VP, General Counsel, Chief Sustainability Officer & Corporate Secretary Comp: $998.74kMr. Russell E. Parker (Age 47)Senior VP & COO Ms. Angie DayVP & Chief Information OfficerMr. Matthew HesterbergInvestor RelationsMr. Liam KellyVice President of Corporate Development & LandMr. J. Michael HastingsVice President of MarketingMs. Elizabeth ShulerVice President of Human ResourcesMore ExecutivesKey CompetitorsVAALCO EnergyNYSE:EGYCalifornia ResourcesNYSE:CRCNorthern Oil and GasNYSE:NOGCONSOL EnergyNYSE:CEIXHess MidstreamNYSE:HESMView All CompetitorsInsiders & InstitutionsDenali Advisors LLCBought 20,500 shares on 4/19/2024Ownership: 0.031%Allspring Global Investments Holdings LLCSold 494,266 shares on 4/18/2024Ownership: 0.292%Cannon Global Investment Management LLCBought 210,000 shares on 4/17/2024Ownership: 0.316%Portman Square Capital LLPBought 6,766 shares on 4/15/2024Ownership: 0.010%Global Assets Advisory LLCBought 35,900 shares on 4/12/2024Ownership: 0.054%View All Insider TransactionsView All Institutional Transactions CPE Stock Analysis - Frequently Asked Questions Should I buy or sell Callon Petroleum stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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 research 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 stock 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 shares have 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 days-to-cover ratio is currently 5.1 days. Currently, 16.0% of the company's stock are sold short. 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) posted its quarterly earnings data on Monday, February, 26th. The oil and natural gas company reported $1.62 EPS for the quarter, missing the consensus estimate of $1.74 by $0.12. The oil and natural gas company earned $601.36 million during 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 ETFs hold Callon Petroleum's stock? ETFs with the largest weight of Callon Petroleum (NYSE:CPE) stock in their portfolio include First Trust Natural Gas ETF (FCG).First Trust Small Cap Value AlphaDEX Fund (FYT). 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 investors include Cannon Global Investment Management LLC (0.32%), Allspring Global Investments Holdings LLC (0.29%), Global Assets Advisory LLC (0.05%), Denali Advisors LLC (0.03%) and Portman Square Capital LLP (0.01%). 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 4/20/2024 by MarketBeat.com Staff From Our PartnersThe “Perfect Storm” for GoldGold Safe ExchangeBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaYour Money is Not SafeAmerican AlternativeThe #1 Crypto for 2024InvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent alert: open this for a huge profit potentialTimothy SykesTiny Biotech Stock Wins $75 Billion PatentBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Callon Petroleum Please log in to your account or sign up in order to add this asset to your watchlist. 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