Callon Petroleum Company (CPE)

NYSE: CPE · IEX Real-Time Price · USD
57.00
3.69 (6.92%)
At close: Jan 14, 2022 4:00 PM
57.25
0.25 (0.44%)
After-hours:Jan 14, 2022 7:50 PM EST
Market Cap3.50B
Revenue (ttm)1.65B
Net Income (ttm)-425.27M
Shares Out61.36M
EPS (ttm)-9.73
PE Ration/a
Forward PE3.47
Dividendn/a
Ex-Dividend Daten/a
Volume1,746,589
Open52.84
Previous Close53.31
Day's Range52.45 - 57.04
52-Week Range12.22 - 65.45
Beta2.98
AnalystsHold
Price Target70.21 (+23.2%)
Earnings DateNov 3, 2021

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, 2020, its estimated net proved reserves totaled approximately 475.9 million barrel of oil equivalent, including 289.5 MMBbls oil, 541.6 Bcf of natural gas, and 96.1 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.

IndustryOil, Gas & Consumable Fuels
IPO DateDec 19, 1988
CEOJoseph Gatto
Employees303
Stock ExchangeNYSE
Ticker SymbolCPE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CPE stock is "Hold." The 12-month stock price forecast is 70.21, which is an increase of 23.18% from the latest price.

Price Target
$70.21
(23.18% upside)
Analyst Consensus: Hold

News

Callon (CPE) Rallies 11.1% YTD: More Room for Upside Left?

The oil price positive trajectory is definitely a boon for Callon Petroleum's (CPE) upstream operations.

1 week ago - Zacks Investment Research

Callon Petroleum Company Announces Departure of Board Member

HOUSTON, Jan. 5, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced the resignation of S.P. "Chip" Johnson IV from its Board of Directors ("Board"), ef...

1 week ago - PRNewsWire

Callon Petroleum Company Announces Appointment of Mary Shafer-Malicki to Board of Directors

HOUSTON, Dec. 20, 2021 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") is pleased to announce the appointment of Mary Shafer-Malicki to its Board of Directors. Ms. Shafe...

3 weeks ago - PRNewsWire

How Callon Petroleum (CPE) Stock Stands Out in a Strong Industry

Callon Petroleum (CPE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

1 month ago - Zacks Investment Research

7 Top-Rated Energy Stocks to Fill Up Your Portfolio

Energy prices have taken off this year and so have energy stocks. But there are still some quality stocks that have plenty of juice left.

Other symbols:FLNGIMOMGYMROMTDROAS
1 month ago - InvestorPlace

U.S. Well Services Announces New Contract with Callon Petroleum

HOUSTON, Dec. 7, 2021 /PRNewswire/ -- U.S. Well Services (NASDAQ: USWS) ("USWS" or the "Company") today announced it has entered into a contract to provide electric pressure pumping services for the ope...

Other symbols:USWS
1 month ago - PRNewsWire

Callon (CPE) Down 14.4% Since Last Earnings Report: Can It Rebound?

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

1 month ago - Zacks Investment Research

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

Since the third quarter of 2020, Callon Petroleum (CPE) has generated more than $250 million in organic adjusted free cashflows.

1 month ago - Zacks Investment Research

Add These 5 Strong Sales Growth Stocks to Your Portfolio Now

Steady sales growth is a vital gauge of a company's ability to sustain its business. Let's check out Target (TGT), Olin (OLN), Callon Petroleum (CPE), Cboe Global (CBOE) and Nutrien (NTR), as these are ...

Other symbols:CBOENTROLNTGT
1 month ago - Zacks Investment Research

Do Options Traders Know Something About Callon (CPE) Stock We Don't?

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

Should you buy Callon Petroleum after the 16% dip on Friday?

Shares of independent oil and natural gas company Callon Petroleum (NYSE: CPE) fell by over 16% on Friday, it is now trading 20% lower than the new all-time high hit earlier this month. CPE showed great...

1 month ago - Invezz

Callon (CPE) Rises 12% Since Q3 Earnings Beat on Oil Price

Callon Petroleum (CPE) is operating with six rigs and 1.5 completion crews for the fourth quarter.

2 months ago - Zacks Investment Research

Callon (CPE) Hits Fresh High: Is There Still Room to Run?

Callon (CPE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

2 months ago - Zacks Investment Research

Muted Action In Indexes, Individual Stocks Still Strong; FCX, Callon Petroleum, And Bitfarms

Muted action in indexes, individual stocks still strong; Freeport-McMoRan, Callon Petroleum, and Bitfarms in focus. Investor's Business Daily has been helping people invest smarter results by providing ...

Other symbols:BITFFCX
2 months ago - Investors Business Daily

Why Callon Petroleum Stock Rallied 16% at the Open Today

Callon reported earnings and investors clearly liked what they saw, with higher energy prices helping things along.

2 months ago - The Motley Fool

Callon Petroleum (CPE) Surpasses Q3 Earnings and Revenue Estimates

Callon (CPE) delivered earnings and revenue surprises of 17.67% and 32.05%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Callon Petroleum Company Announces Third Quarter 2021 Results

HOUSTON, Nov. 3, 2021 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today reported results of operations for the three and nine months ended September 30, 2021. Presen...

2 months ago - PRNewsWire

Callon Petroleum (CPE) Reports Next Week: Wall Street Expects Earnings Growth

Callon (CPE) doesn't possess 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

Looking for a Growth Stock? 3 Reasons Why Callon (CPE) is a Solid Choice

Callon (CPE) possesses solid growth attributes, which could help it handily outperform the market.

3 months ago - Zacks Investment Research

Earnings Estimates Rising for Callon (CPE): Will It Gain?

Callon (CPE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research

Callon (CPE) Closes Buyout, Streamlines Portfolio, Ups Guidance

Strong well performance in the Permian Basin is likely to aid Callon Petroleum's (CPE) third-quarter production.

3 months ago - Zacks Investment Research

Can Crude Oil Touch the $100 Golden Mark? 3 Stocks to Gain

The rise in gas prices has become so steep that several markets in Asia are witnessing a gas-to-oil switch.

Other symbols:CLREQNRPXD
3 months ago - Zacks Investment Research

Is Callon (CPE) Stock a Solid Choice Right Now?

Callon (CPE) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

3 months ago - Zacks Investment Research

Callon Petroleum Company Completes the Acquisition of Primexx Delaware Basin Assets

HOUSTON, Oct. 5, 2021 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that it has closed the acquisition of leasehold interests and related oil, gas, and...

3 months ago - PRNewsWire

The 1 Bright Spot in the Stock Market Today

Even as most stocks fell, this group of companies did quite well. Find out why.

3 months ago - The Motley Fool