Callon Petroleum Company (CPE)

NYSE: CPE · IEX Real-Time Price · USD
41.31
+3.34 (8.80%)
At close: Oct 4, 2022 4:00 PM
41.40
+0.09 (0.22%)
After-hours: Oct 4, 2022 7:59 PM EDT
8.80%
Market Cap 2.55B
Revenue (ttm) 2.94B
Net Income (ttm) 845.00M
Shares Out 61.71M
EPS (ttm) 13.93
PE Ratio 2.97
Forward PE 1.90
Dividend n/a
Ex-Dividend Date n/a
Volume 1,792,343
Open 39.46
Previous Close 37.97
Day's Range 38.95 - 41.36
52-Week Range 31.23 - 66.48
Beta 2.73
Analysts Buy
Price Target 72.68 (+75.9%)
Earnings Date Nov 1, 2022

About 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 Permian Basin in West Texas. As of December 31, 2021, its estimated net proved reserves totaled approximately 484.6 million barrel of oil equivalent, including 290.3 MMBbls oil, 577.3 Bcf of natural gas, and 98.1 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas. [Read more...]

Industry Oil, Gas & Consumable Fuels
IPO Date Dec 19, 1988
CEO Joseph Gatto
Employees 322
Stock Exchange NYSE
Ticker Symbol CPE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for CPE stock is "Buy." The 12-month stock price forecast is 72.68, which is an increase of 75.94% from the latest price.

Price Target
$72.68
(75.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

KeyBanc's Rezvan makes the bull case for oil stocks

Tim Rezvan, managing director of equity research at KeyBanc Capital Markets, joins 'The Exchange' to discuss opportunities for mid-cap growth in energy markets, U.S. oil production growth forecasts and ...

2 weeks ago - CNBC Television

Callon Petroleum Company Publishes 2021 Sustainability Report

HOUSTON , Sept. 6, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) today announced the publication of the Company's 2021 Sustainability Report, titled Shaping Our Future.

4 weeks ago - PRNewsWire

Why Is Callon (CPE) Up 10.1% Since Last Earnings Report?

Callon (CPE) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Callon Petroleum to Participate in Barclays CEO Energy-Power Conference

HOUSTON , Aug. 31, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced Joe Gatto, President and Chief Executive Officer and Kevin Haggard, SVP and Chief...

1 month ago - PRNewsWire

Is the Options Market Predicting a Spike in Callon Petroleum (CPE) Stock?

Investors need to pay close attention to Callon Petroleum (CPE) stock based on the movements in the options market lately.

1 month ago - Zacks Investment Research

Callon (CPE) Stock Dips 7% Since Q2 Earnings Miss Estimates

Higher lease operating expenses hurt Callon's (CPE) earnings in Q2.

1 month ago - Zacks Investment Research

Callon Petroleum (CPE) Q2 Earnings Miss Estimates

Callon (CPE) delivered earnings and revenue surprises of -8% and 33.02%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Callon Petroleum Company Announces Second Quarter 2022 Results

HOUSTON , Aug. 3 , 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today reported results of operations for the three and six months ended June 30, 2022. Presentati...

2 months ago - PRNewsWire

USA Compression Partners and Callon Petroleum Announce Start-up of Dual Drive Compression in Eagle Ford Shale

AUSTIN, Texas & HOUSTON--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) (“USA Compression”) and Callon Petroleum Company (NYSE: CPE) (“Callon”) today announced the start-up of multiple Dual ...

Other symbols: USAC
2 months ago - Business Wire

Callon Petroleum (CPE) Earnings Expected to Grow: Should You Buy?

Callon (CPE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Callon Petroleum Company Schedules Second Quarter 2022 Conference Call for August 4, 2022

HOUSTON , July 19, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") plans to host a conference call to discuss its second quarter 2022 financial and operating result...

2 months ago - PRNewsWire

Should Value Investors Buy Callon Petroleum (CPE) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

7 Best Bargain Stocks to Buy in July 2022

Although equities just finished one of the worst first-half performances ever, it also opened doors to the best bargain stocks to buy. The post 7 Best Bargain Stocks to Buy in July 2022 appeared first o...

Other symbols: BLDEBORREVGOPWRBOTSLCA
2 months ago - InvestorPlace

Callon Petroleum (CPE) is a Top-Ranked Growth Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

3 months ago - Zacks Investment Research

Callon Petroleum Company Announces Pricing of $600 Million Senior Unsecured Notes Offering

HOUSTON , June 9, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") announced today that it has priced $600 million aggregate principal amount of its 7.500% senior un...

3 months ago - PRNewsWire

Callon Petroleum Company Announces Launch of $600 Million Senior Unsecured Notes Offering

HOUSTON , June 9, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that, subject to market and other conditions, it intends to offer $600 million agg...

3 months ago - PRNewsWire

As gas prices hit records highs this exploration stock could be set to benefit

Crude oil futures are hovering around $118 as traders try to get a better feel of the demand outlook. Recently.

3 months ago - Finbold

Callon Petroleum Company Provides Operational Update and Increases Its Free Cash Flow Outlook

Reaffirms 2022 Production and Expense Guidance Updates Full-Year Capital Spending Forecast to Incorporate Increase in Service Costs Increases Adjusted Free Cash Flow Outlook for 2022 to Over $900 Millio...

3 months ago - PRNewsWire

Are Investors Undervaluing Callon Petroleum (CPE) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

Why Is Callon (CPE) Up 12.5% Since Last Earnings Report?

Callon (CPE) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

2 Risky Energy Picks That Could Pay Off

ONEOK Inc. ( OKE , Financial) and Callon Petroleum Co ( CPE , Financial) have underperformed the broader market recently. They are also in financial distress, as represented by low Altman Z-Scores, mean...

Other symbols: OKE
4 months ago - GuruFocus

Here's Why Callon Petroleum (CPE) is an Attractive Investment Bet

Higher oil price is aiding Callon Petroleum (CPE), making it a solid bet.

4 months ago - Zacks Investment Research

Wall Street Analysts Believe Callon (CPE) Could Rally 49%: Here's is How to Trade

The mean of analysts' price targets for Callon (CPE) points to a 48.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in ...

4 months ago - Zacks Investment Research

Tap the Crude Rally With These 3 Promising Upstream Firms

Improving fuel demand amid tight supply will continue to keep the crude price scenario favorable for upstream companies like Marathon Oil (MRO), PDC Energy (PDCE) and Callon (CPE).

Other symbols: MROPDCE
4 months ago - Zacks Investment Research

Callon (CPE) Stock Dips 16% Despite Reporting Q1 Earnings Beat

Higher production and commodity price realizations aid Callon's (CPE) earnings in Q1.

4 months ago - Zacks Investment Research