Callon Petroleum Company (CPE)
Market Cap | 2.23B |
Revenue (ttm) | 2.34B |
Net Income (ttm) | 401.20M |
Shares Out | 66.51M |
EPS (ttm) | 6.19 |
PE Ratio | 5.45 |
Forward PE | 5.83 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 899,783 |
Open | 33.50 |
Previous Close | 33.56 |
Day's Range | 33.47 - 34.23 |
52-Week Range | 28.62 - 41.36 |
Beta | 2.47 |
Analysts | Buy |
Price Target | 40.50 (+20.04%) |
Earnings Date | May 1, 2024 |
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 West Texas. Callon Petroleum Company was founded in 1950 and is headquartered in Houston, Texas. [Read more]
Financial Performance
In 2023, CPE's revenue was $2.34 billion, a decrease of -27.48% compared to the previous year's $3.23 billion. Earnings were $401.20 million, a decrease of -60.65%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for CPE stock is "Buy." The 12-month stock price forecast is $40.5, which is an increase of 20.04% from the latest price.
News
CALLON PETROLEUM COMPANY ANNOUNCES PRICE DETERMINATION WITH RESPECT TO ITS TENDER OFFERS AND CONSENT SOLICITATIONS
HOUSTON , March 15, 2024 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced the pricing terms of its previously announced cash tender offers (the "Offers"...
CALLON PETROLEUM COMPANY ANNOUNCES EARLY RESULTS OF ITS TENDER OFFERS AND CONSENT SOLICITATIONS
HOUSTON , March 15, 2024 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced the early tender results of its previously announced cash tender offers (the "...
CALLON PETROLEUM COMPANY ANNOUNCES TENDER OFFERS AND CONSENT SOLICITATIONS CONTINGENT ON CLOSING OF MERGER
HOUSTON , March 1, 2024 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that it has commenced cash tender offers (the "Offers") for any and all of its ...
Callon Petroleum Company Reports Fourth Quarter and Full Year 2023 Results
Fourth quarter results top expectations for production Long-term debt further reduced to $1.9 billion Realized reductions in well costs and gains in well productivity to drive 2024 capital efficiency ...
CALLON PETROLEUM INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Callon Petroleum Company - CPE
NEW ORLEANS , Jan. 26, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
CALLON PETROLEUM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Callon Petroleum Company - CPE
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Callon Petroleum...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Callon Petroleum Company
NEW YORK , Jan. 4, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Callon Petroleum Company (NYSE: CPE) and its board of directors concerning the proposed ...
Shareholder Alert: Ademi LLP investigates whether Callon Petroleum Company has obtained a Fair Price in its transaction with APA
MILWAUKEE , Jan. 4, 2024 /PRNewswire/ -- Ademi LLP is investigating Callon (NYSE: CPE) for possible breaches of fiduciary duty and other violations of law in its transaction with APA. Click here to le...
Why APA Is Spending $4.5 Billion to Buy Callon Petroleum
U.S. oil producer APA Corp. (APA) is buying rival Callon Petroleum (CPE) for $4.5 billion including debt, in an all-stock deal that will boost APA's portfolio in the Permian Basin, the companies annou...
CPE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Callon Petroleum Company Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Callon Petroleum Company (NYSE: CPE) to APA Corporation for 1.0425 shares of APA common s...
Energy Company APA to Buy Callon Petroleum in $4.5 Billion Deal
Energy company APA has agreed to buy smaller peer Callon Petroleum in a stock-swap deal valued at about $4.5 billion, including assumed debt.
APA Buys Callon in $4.5 Billion Oil Deal. It's Another Permian Basin Play.
The purchase follows acquisitions by Occidental and Exxon Mobil in the region.
APA to acquire Callon Petroleum in all-stock deal valued at about $4.5 billion
APA Corp. APA, +1.77% has entered a definitive agreement to acquire Callon Petroleum Co. CPE, +3.32% in an all-stock deal valued at about $4.5 billion, including debt. Under the terms of the deal, APA...
APA Corporation to Acquire Callon Petroleum Company in All-Stock Transaction
Complements and enhances APA's asset base in the Permian Basin; expected to be accretive to key financial metrics; Adds to APA's high-quality, short-cycle development inventory and increases oil mix; ...
This Permian producer has reportedly attracted takeover interest
Shares of Callon Petroleum Company (NYSE: CPE) are up 5.0% on Friday following a report that the oil and gas company has attracted takeover interest.
Five potential takeover targets in the oil industry, following deals by Exxon Mobil and Chevron
This could be a good time for investors to pour money into stocks of companies involved in the production of oil and natural gas. And the best reason for that may have nothing to do with military conf...
Callon Petroleum Company Reports Third Quarter 2023 Results
Reduced long-term debt to $1.9 billion Reiterated full-year 2023 capital expenditure outlook of $960 – $980 million Recent efficiency gains are expected to reduce 2024 drilling, completion, and facili...
Callon Petroleum Company Schedules Third Quarter 2023 Conference Call for November 2, 2023
HOUSTON , Oct. 17, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") plans to host a conference call to discuss its third quarter 2023 financial and operating resul...
Callon Petroleum Releases Annual Sustainability Report
HOUSTON , Oct. 4, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) today announces the publication of its 2022 Sustainability Report, highlighting the Company's progress and initiatives on en...
Stocks This Week: Buy SM Energy And Callon Petroleum
September has traditionally been a weak month. The energy sector is top-ranked for performance in this month.
Callon Petroleum Company Announces Second Quarter 2023 Results
Delivered 7% sequential production growth Capital expenditures at low end of guidance 13th straight quarter of delivering adjusted free cash flow Share buyback program to commence in 3Q HOUSTON , Aug....
Callon Petroleum Company Schedules Second Quarter 2023 Conference Call for August 3, 2023
HOUSTON , July 18, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") plans to host a conference call to discuss its second quarter 2023 financial and operating resu...
CALLON PETROLEUM COMPANY ANNOUNCES THE CLOSING OF DELAWARE BASIN ACQUISITION AND EAGLE FORD DIVESTITURE
Reduces Outstanding Debt by Approximately $300 Million Will Commence Share Buyback Program in the Third Quarter HOUSTON , July 5, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or...
CALLON PETROLEUM COMPANY ANNOUNCES CHIEF OPERATING OFFICER TRANSITION
Jeff Balmer to Retire from Position, Russell Parker to Succeed Him as COO HOUSTON , May 18, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that R...
Callon Petroleum Company Announces Participation in Upcoming Investor Events
HOUSTON, May 10, 2023 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") intends to participate in the follow upcoming investor events and plans to post an updated invest...