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Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
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How major US stock indexes fared Monday, 3/18/2024
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2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
NYSE:CPE

Callon Petroleum (CPE) Stock Price, News & Analysis

$33.74
+0.18 (+0.54%)
(As of 03/18/2024 ET)
Today's Range
$33.47
$34.23
50-Day Range
$30.63
$33.99
52-Week Range
$28.62
$41.36
Volume
899,585 shs
Average Volume
1.08 million shs
Market Capitalization
$2.24 billion
P/E Ratio
5.54
Dividend Yield
N/A
Price Target
$40.33

Callon Petroleum MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
19.5% Upside
$40.33 Price Target
Short Interest
Healthy
17.72% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.07mentions of Callon Petroleum in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.78%
From $6.81 to $7.34 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.

3.10 out of 5 stars

Oils/Energy Sector

131st out of 243 stocks

Crude Petroleum & Natural Gas Industry

50th out of 77 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

Callon Petroleum (NYSE:CPE) PT Lowered to $35.00 at Mizuho
CPE Jul 2024 31.000 call
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CPE Jun 2024 31.000 call
Short Interest in Callon Petroleum (NYSE:CPE) Drops By 5.7%
StockNews.com Begins Coverage on Callon Petroleum (NYSE:CPE)
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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
Big Players' Recent Trades in CPE Options
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Today
3/19/2024
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
+19.5%
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
$15.06 per share
Book Value
$58.89 per share

Miscellaneous

Free Float
65,311,000
Market Cap
$2.24 billion
Optionable
Optionable
Beta
2.46
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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 equities 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 equities 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 brokerages have issued 12-month price objectives for Callon Petroleum's stock. 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 year. This suggests a possible upside of 19.5% 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 beginning of the year. Since then, CPE shares have increased by 4.1% and is now trading at $33.74.
View the best growth stocks for 2024 here
.

Are investors shorting Callon Petroleum?

Callon Petroleum saw a drop in short interest in February. As of February 29th, there was short interest totaling 9,260,000 shares, a drop of 5.7% from the February 14th total of 9,820,000 shares. Based on an average daily volume of 1,880,000 shares, the short-interest ratio is currently 4.9 days. Approximately 17.7% of the shares of the 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) announced its quarterly earnings results on Wednesday, November, 1st. The oil and natural gas company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.03. The oil and natural gas company had revenue of $619.30 million for the quarter, compared to the consensus estimate of $599.76 million. Callon Petroleum had a trailing twelve-month return on equity of 12.65% and a net margin of 17.12%. The company's quarterly revenue was down 25.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.04 earnings per share.

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 number of retail and institutional investors. Top institutional investors 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 3/19/2024 by MarketBeat.com Staff

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