NYSE:CPE Callon Petroleum (CPE) Stock Price, News & Analysis → Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years (From Banyan Hill Publishing) (Ad) Free CPE Stock Alerts $35.76 +0.64 (+1.82%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$35.33▼$36.2050-Day Range$30.63▼$36.0652-Week Range$28.62▼$41.36Volume30.42 million shsAverage Volume1.16 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 Sentiment-0.05Based on 6 Articles This WeekInsider 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.2.73 out of 5 starsOils/Energy Sector145th out of 244 stocksCrude Petroleum & Natural Gas Industry50th out of 76 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.33, Callon Petroleum has a forecasted upside of 12.8% from its current price of $35.76.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 2.2 News and Social Media Coverage News SentimentCallon Petroleum has a news sentiment score of -0.05. 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 lower news sentiment than the 0.58 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Callon Petroleum this week, compared to 4 articles on an average week.Search Interest3 people have searched for CPE on MarketBeat in the last 30 days. This is an increase of 50% 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 50% 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 136.21.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 Oils/Energy sector average P/E ratio of about 18.76.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 Crypto Swap ProfitsGrab Your Free Bitcoin Today!And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here 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 HeadlinesMarch 29, 2024 | prnewswire.comCALLON PETROLEUM COMPANY ANNOUNCES EXPIRATION AND FINAL RESULTS OF ITS TENDER OFFERS AND CONSENT SOLICITATIONSMarch 28, 2024 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Now Covered by Analysts at StockNews.comMarch 29, 2024 | Porter & Company (Ad)Bombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.March 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 20, 2024 | americanbankingnews.comQ1 2024 EPS Estimates for Callon Petroleum (NYSE:CPE) Decreased by Zacks ResearchMarch 20, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for Callon Petroleum (NYSE:CPE) Cut by Zacks ResearchMarch 20, 2024 | americanbankingnews.comCallon Petroleum (NYSE:CPE) Earns Hold Rating from Analysts at StockNews.comMarch 29, 2024 | Porter & Company (Ad)Bombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.March 19, 2024 | americanbankingnews.comCallon Petroleum (NYSE:CPE) PT Lowered to $35.00 at MizuhoMarch 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 SOLICITATIONSMarch 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 whySee 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 Earnings2/26/2024Today3/29/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas 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$15.35 per share Price / Cash Flow2.33 Book Value$58.89 per share Price / Book0.61Miscellaneous Outstanding Shares66,510,000Free Float65,311,000Market Cap$2.38 billion OptionableOptionable Beta2.46 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.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 CompetitorsComstock ResourcesNYSE:CRKKosmos EnergyNYSE:KOSVAALCO EnergyNYSE:EGYBerryNASDAQ:BRYSM EnergyNYSE:SMView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Sold 1,340 shares on 3/22/2024Ownership: 0.004%Vanguard Group Inc.Bought 67,625 shares on 3/11/2024Ownership: 10.135%Fisher Asset Management LLCBought 159,380 shares on 3/5/2024Ownership: 0.646%Greenwood Capital Associates LLCSold 407 shares on 3/5/2024Ownership: 0.022%Goldman Sachs Group Inc.Bought 56,982 shares on 3/1/2024Ownership: 0.486%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 twelve months. 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 brokers have issued twelve-month price objectives for Callon Petroleum's stock. Their CPE share price targets range from $32.00 to $48.00. On average, they expect 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 beginning of 2024. 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 decline in short interest during the month of March. As of March 15th, there was short interest totaling 8,370,000 shares, a decline of 9.6% from the February 29th total of 9,260,000 shares. Based on an average trading volume of 1,640,000 shares, the days-to-cover ratio is currently 5.1 days. Approximately 16.0% of the shares of the company 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) issued 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 earned $601.36 million during the quarter, compared to the consensus estimate of $563.30 million. Callon Petroleum had a trailing twelve-month return on equity of 12.65% and a net margin of 17.12%. What ETFs hold Callon Petroleum's stock? ETFs with the largest weight of Callon Petroleum (NYSE:CPE) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Pacer US Small Cap Cash Cows 100 ETF (CALF), First Trust Natural Gas ETF (FCG), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) and First Trust Small Cap Value AlphaDEX Fund (FYT).iShares U.S. Oil & Gas Exploration & Production ETF (IEO). 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 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 PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeYour Money is Not SafeAmerican AlternativeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaThe ONE AI Sock to own now. 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