Callon Petroleum Company (CPE)

NYSE: CPE · IEX Real-Time Price · USD
35.76
+0.64 (1.82%)
At close: Mar 28, 2024, 4:00 PM
35.87
+0.11 (0.31%)
After-hours: Mar 28, 2024, 7:52 PM EDT

Total Valuation

CPE has a market cap or net worth of $2.38 billion. The enterprise value is $4.29 billion.

Market Cap 2.38B
Enterprise Value 4.29B

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

CPE has 66.51 million shares outstanding. The number of shares has increased by 4.76% in one year.

Shares Outstanding 66.51M
Shares Change (YoY) +4.76%
Shares Change (QoQ) -1.06%
Owned by Insiders (%) 10.02%
Owned by Institutions (%) 93.24%
Float 53.90M

Valuation Ratios

The trailing PE ratio is 5.78 and the forward PE ratio is 6.13. CPE's PEG ratio is 0.13.

PE Ratio 5.78
Forward PE 6.13
PS Ratio 1.02
Forward PS 1.09
PB Ratio 0.60
P/FCF Ratio 6.12
PEG Ratio 0.13
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.63, with an EV/FCF ratio of 11.04.

EV / Earnings 10.70
EV / Sales 1.83
EV / EBITDA 4.63
EV / EBIT 10.99
EV / FCF 11.04

Financial Position

The company has a current ratio of 0.39, with a Debt / Equity ratio of 0.48.

Current Ratio 0.39
Quick Ratio 0.32
Debt / Equity 0.48
Debt / EBITDA 2.07
Debt / FCF 4.93
Interest Coverage 2.18

Financial Efficiency

Return on equity (ROE) is 10.70% and return on invested capital (ROIC) is 11.69%.

Return on Equity (ROE) 10.70%
Return on Assets (ROA) 6.00%
Return on Capital (ROIC) 11.69%
Revenue Per Employee $8.34M
Profits Per Employee $1.43M
Employee Count 281
Asset Turnover 0.35
Inventory Turnover n/a

Taxes

Income Tax -189.81M
Effective Tax Rate -89.79%

Stock Price Statistics

The stock price has increased by +9.96% in the last 52 weeks. The beta is 2.47, so CPE's price volatility has been higher than the market average.

Beta (1Y) 2.47
52-Week Price Change +9.96%
50-Day Moving Average 32.48
200-Day Moving Average 34.58
Relative Strength Index (RSI) 63.30
Average Volume (30 Days) 1,668,186

Short Selling Information

The latest short interest is 8.37 million, so 12.59% of the outstanding shares have been sold short.

Short Interest 8.37M
Short Previous Month 9.82M
Short % of Shares Out 12.59%
Short % of Float 15.53%
Short Ratio (days to cover) 7.21

Income Statement

In the last 12 months, CPE had revenue of $2.34 billion and earned $401.20 million in profits. Earnings per share was $6.19.

Revenue 2.34B
Gross Profit 1.42B
Operating Income 363.88M
Pretax Income 211.39M
Net Income 401.20M
EBITDA 926.36M
EBIT 390.70M
Earnings Per Share (EPS) $6.19
Full Income Statement

Balance Sheet

The company has $3.33 million in cash and $1.92 billion in debt, giving a net cash position of -$1.92 billion or -$28.80 per share.

Cash & Cash Equivalents 3.33M
Total Debt 1.92B
Net Cash -1.92B
Net Cash Per Share -$28.80
Equity / Book Value 3.99B
Book Value Per Share 60.01
Working Capital -394.84M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.09 billion and capital expenditures -$703.70 million, giving a free cash flow of $388.83 million.

Operating Cash Flow 1.09B
Capital Expenditures -703.70M
Free Cash Flow 388.83M
FCF Per Share $6.01
Full Cash Flow Statement

Margins

Gross margin is 60.55%, with operating and profit margins of 15.53% and 17.12%.

Gross Margin 60.55%
Operating Margin 15.53%
Pretax Margin 9.02%
Profit Margin 17.12%
EBITDA Margin 39.54%
EBIT Margin 16.68%
FCF Margin 16.60%

Dividends & Yields

CPE does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -4.76%
Shareholder Yield -4.76%
Earnings Yield 16.87%
FCF Yield 16.35%
Dividend Details

Analyst Forecast

The average price target for CPE is $40.50, which is 13.26% higher than the current price. The consensus rating is "Buy".

Price Target $40.50
Price Target Difference 13.26%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on August 10, 2020. It was a reverse split with a ratio of 1:10.

Last Split Date Aug 10, 2020
Split Type Reverse
Split Ratio 1:10

Scores

CPE has an Altman Z-Score of 0.95 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.95
Piotroski F-Score 5