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CPE

Callon Petroleum Company

Energy

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Price alert · CPE

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35.76 0.00 0.00%
As of Mar 28, 2024
35.35 Day range 36.18

52-week range unavailable

Open
35.45
Prev close
35.76
Mkt cap
2.38B
Vol
30.42M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.00%
More statistics
Low
35.35
High
36.18
Forward P/E
5.19
Beta
2.47
Short ratio
7.21
Inst. own
93.20%
Dividend
0.00
Ex-div date
Jun 25, 1998
Earnings
May 1, 2024
50-d avg
33.07
200-d avg
34.67
1y target
43.28

2Y chart

Chart tools
Interval
CPE two-year price chart28.637.847.056.265.4Apr 22Sep 22Jan 23Jun 23Nov 23Apr 24

Key statistics

Market cap
2.38B
Enterprise value
4.37B
Trailing P/E
5.78
Forward P/E
5.19
PEG ratio
1.11
Price / sales
1.02
Price / book
0.60
EPS (TTM)
6.19
Beta
2.47
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
17.12%
Revenue (TTM)
2.34B
Revenue growth
-14.60%
Free cash flow
-316.96M
Total cash
3.33M
Total debt
1.99B
Return on equity
10.82%
Shares outstanding
66.51M
Short % of float
16.51%
50-day average
33.07
200-day average
34.67

Analyst view

Consensus: buy

Buy
Price target (mean) 43.28 +21.0% upside
Target (low)
32.00
Target (mean)
43.28
Target (high)
56.70
Ratings (0m) 25 22 buy · 3 hold · 0 sell
  • Strong buy9
  • Buy13
  • Hold3
  • Sell0
  • Strong sell0

Next earnings

May 1, 2024

Expected May 1, 2024. Consensus EPS estimate 1.24.

Earnings history

Financials — quick view

All financials
CPE Revenue — quarterly 601.36M
2020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 2023
CPE Net income — quarterly 168.97M
2020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 2023
CPE EPS — quarterly 2.56
2020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 2023

Earnings

CPE recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
May 1, 2024Mar 1, 20241.51———
Feb 26, 2024Dec 1, 20231.74———
Nov 1, 2023Sep 1, 20231.79———
Aug 2, 2023Jun 1, 20231.78———
May 3, 2023Mar 1, 20231.96———
Feb 22, 2023Dec 1, 20223.44———

Upgrades / downgrades

CPE analyst upgrades and downgrades
DateFirmActionFromTo
Oct 3, 2023RBC CapitalreitOutperformOutperform
Sep 17, 2023MizuhomainBuyBuy
Aug 17, 2023Morgan StanleymainEqual-WeightEqual-Weight
Aug 15, 2023CitigroupupNeutralBuy
Aug 8, 2023RBC CapitalreitOutperformOutperform
Aug 8, 2023CitigroupmainNeutralNeutral

About Callon Petroleum Company

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.

Sector
Energy
Industry
Oil & Gas E&P
Country
United States
Website
callon.com

News

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Insider holders

CPE insider holders
InsiderRelationLatest transactionDateShares held
BOB MATTHEW REGISDirectorConversion of Exercise of derivative securityApr 25, 202318,531
CONAWAY GREGORY FOfficerConversion of Exercise of derivative securityMar 30, 202343,193
FAULKENBERRY BARBARA JDirectorConversion of Exercise of derivative securityApr 25, 202315,343
FLURY L RICHARDFormerConversion of Exercise of derivative securityApr 25, 202324,631
GATTO JOSEPH C JRChief Executive OfficerConversion of Exercise of derivative securityMar 30, 2023134,323
NOCCHIERO ANTHONY JDirectorConversion of Exercise of derivative securityApr 25, 202324,316

Institution ownership

CPE institution ownership
Holder% heldSharesValueReported
Blackrock Inc.12.85%8,754,834307.03MJun 29, 2023
Vanguard Group Inc9.72%6,621,547232.22MJun 29, 2023
Blackstone Inc8.56%5,832,824204.56MJun 29, 2023
State Street Corporation5.98%4,073,407142.85MJun 29, 2023
Dimensional Fund Advisors LP4.75%3,239,672113.62MJun 29, 2023
FMR, LLC2.88%1,965,87268.94MJun 29, 2023

Fund ownership

CPE fund ownership
Holder% heldSharesValueReported
iShares Core S&P Smallcap ETF5.54%3,773,473147.62MSep 29, 2023
SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF3.52%2,396,54394.02MAug 30, 2023
Vanguard Total Stock Market Index Fund2.82%1,920,24167.34MJun 29, 2023
Vanguard Small-Cap Index Fund2.34%1,597,31456.02MJun 29, 2023
Pacer Small Cap U.S. Cash Cows 100 ETF2.12%1,443,56954.22MJul 30, 2023
iShares Russell 2000 ETF2.06%1,403,26455.05MAug 30, 2023
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