Callon Petroleum (CPE) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $35.76 to $35.76
• 50-Day Range: $31.76 to $36.06
• 52-Week Range: $28.62 to $41.36
• Volume: N/A
• Average Volume: 2.15 million shs
• Market Capitalization: $2.38 billion
• P/E Ratio: 5.87
• Dividend Yield: N/A
• Price Target: $37.25
• Consensus Rating: Hold

Callon Petroleum Stock Analysis - MarketRank™

Callon Petroleum scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Callon Petroleum has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Callon Petroleum has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 11.43%

Earnings Growth

Earnings 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 Market

The 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 121.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of Callon Petroleum is 5.87, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 109.72.

Price to Book Value per Share Ratio

Callon 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.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CPE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Callon Petroleum does not currently pay a dividend.

Dividend Growth

Callon Petroleum does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CPE.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 2 people have searched for CPE on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Callon Petroleum insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.80% of the stock of Callon Petroleum is held by insiders.

Percentage Held by Institutions

91.08% of the stock of Callon Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CPE Stock Analysis - Frequently Asked Questions

How were Callon Petroleum's earnings last quarter?

Callon Petroleum (NYSE:CPE) issued its earnings results on Wednesday, November, 1st. The oil and natural gas company reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.03. The firm's revenue for the quarter was down 25.9% on a year-over-year basis.

When did Callon Petroleum's stock split?

Shares of Callon Petroleum split on Saturday, January 1st 2000. The 10-1 split was announced on Saturday, January 1st 2000. The newly created shares were issued to shareholders after the market closes on Monday, August 10th 2020. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split.

What other stocks do shareholders of Callon Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and General Electric (GE).

Company Calendar

• Last Earnings: 11/01/2023
• Today: 10/05/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:CPE
• CUSIP: 13123X10
• CIK: 928022
• Web: www.callon.com
• Phone: (281) 589-5200
• Fax: 601-446-1410
• Employees: 281
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $37.25
• High Stock Price Target: $42.00
• Low Stock Price Target: $32.00
• Potential Upside/Downside: +4.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.09
• Trailing P/E Ratio: 5.87
• Forward P/E Ratio: 5.45
• P/E Growth: N/A
• Net Income: $401.20 million
• Net Margins: 17.12%
• Pretax Margin: 9.02%
• Return on Equity: 12.65%
• Return on Assets: 7.14%

Debt

• Debt-to-Equity Ratio: 0.48
• Current Ratio: 0.39
• Quick Ratio: 0.39

Sales & Book Value

• Annual Sales: $2.34 billion
• Price / Sales: 1.02
• Cash Flow: $15.09 per share
• Price / Cash Flow: 2.37
• Book Value: $58.89 per share
• Price / Book: 0.61

Miscellaneous

• Outstanding Shares: 66,508,000
• Free Float: 65,311,000
• Market Cap: $2.38 billion
• Optionable: Optionable
• Beta: 2.46