CPE : Long term Callon Petroleum Company stock forecast for 2022, 2023 (1 year) - 2025 - 2027 (5 year) - 2030, and 2032 (10 year) Forecast for 2022 Jul. is $42.21, for 2023 Jun. is $59.25, for 2026 Jun. is $32.25, for 2027 Jun. is $78.50, for 2031 Jun. is $143.21, and for 2032 Jun. is $143.94.
Is Callon Petroleum Company (CPE) a good investment?
It focuses on unconventional oil and natural gas reserves in the Permian Basin. The company was founded by Sim C. Callon and John S. Callon in 1950 and is headquartered in Houston, TX. Have Callon Petroleum Company (NYSE:CPE) Insiders Been Selling Their Stock? Callon Petroleum has received a consensus rating of Hold.
Is CPE stock headed to bankruptcy?
But somehow CPE stock continues to draw the attention of investors. But after an ill-timed acquisition, the company has a multitude of problems. And ultimately, the answer may be bankruptcy. I’m probably becoming loathed by Robinhood investors. However, in fairness, they’re making it very easy.
Where can I buy shares of CPE?
Shares of CPE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
What is the upside for Callon Petroleum's stock?
Their forecasts range from $10.00 to $77.00. On average, they expect Callon Petroleum's share price to reach $60.00 in the next year. This suggests a possible upside of 27.0% from the stock's current price.
Will CPE go up?
The 12 analysts offering 12-month price forecasts for Callon Petroleum Co have a median target of 78.50, with a high estimate of 145.00 and a low estimate of 60.00. The median estimate represents a +99.75% increase from the last price of 39.30.
Is CPE stock a good buy?
The financial health and growth prospects of CPE, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
Why is CPE stock dropping?
The primary reason behind the drastic fall is the acquisition of Primexx Energy assets. While the move can boost the upstream company's Delaware Basin footprint, investors are worried that it is paying too much premium through the $788-million cash-and-stock bid.
Did CPE reverse split?
Today the Company also announced that its Board of Directors has approved a reverse stock split of the Company's outstanding shares of common stock at a ratio of 1-for-10, which was approved by the Company's shareholders at the Company's annual meeting of shareholders on June 8, 2020.
Does CPE stock pay dividends?
Callon Petroleum Co (NYSE: CPE) does not pay a dividend.
How much debt does Callon Petroleum have?
Callon is now expected to generate $758 million in positive cash flow in 2022. This would allow it to reduce its net debt to $1.955 billion at the end of 2022, or around 1.15x its 2022 EBITDAX....$ Million.$ MillionCash Interest$160Operational Capital Expenditures$775Total Expenses$1,5764 more rows•May 3, 2022
Should I buy or sell Callon Petroleum stock right now?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callon Petroleum in the last year. There are currently 1 sell rating, 4 ho...
What is Callon Petroleum's stock price forecast for 2022?
8 Wall Street analysts have issued 1-year price objectives for Callon Petroleum's shares. Their forecasts range from $45.00 to $101.00. On average,...
How has Callon Petroleum's stock price performed in 2022?
Callon Petroleum's stock was trading at $47.25 at the start of the year. Since then, CPE stock has increased by 26.8% and is now trading at $59.93....
When is Callon Petroleum's next earnings date?
Callon Petroleum is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings forecast for Ca...
How were Callon Petroleum's earnings last quarter?
Callon Petroleum (NYSE:CPE) released its quarterly earnings data on Wednesday, May, 4th. The oil and natural gas company reported $3.43 EPS for the...
Who are Callon Petroleum's key executives?
Callon Petroleum's management team includes the following people: Mr. Joseph C. Gatto Jr. , Pres, CEO & Director (Age 51, Pay $3.62M) Mr. Kevin...
What is Fred L. Callon's approval rating as Callon Petroleum's CEO?
2 employees have rated Callon Petroleum CEO Fred L. Callon on Glassdoor.com . Fred L. Callon has an approval rating of 73% among Callon Petroleum'...
Who are some of Callon Petroleum's key competitors?
Some companies that are related to Callon Petroleum include ConocoPhillips (COP) , EOG Resources (EOG) , Pioneer Natural Resources (PXD) , Devo...
What other stocks do shareholders of Callon Petroleum own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Callon Petroleum investors own include Oasis Petroleum (OA...
When will Callon Petroleum release its earnings?
Callon Petroleum is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021. View our earnings forecast for Callon Petroleum.
How much does Callon Petroleum make?
Callon Petroleum has a market capitalization of $1.93 billion and generates $1.03 billion in revenue each year. The oil and natural gas company earns $-2,533,620,000.00 in net income (profit) each year or $2.86 on an earnings per share basis.
Callon Petroleum Co Stock Forecast
Over the next 52 weeks, Callon Petroleum Co has on average historically risen by 11.2 % based on the past 26 years of stock performance.
Will Callon Petroleum Co Stock Go Up Next Year?
Over the next 52 weeks, Callon Petroleum Co has on average historically risen by 11.2% based on the past 26 years of stock performance.
Callon Petroleum Co Stock Price History
Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and CPE is experiencing buying pressure, which is a positive indicator for future bullish movement.
Stock Predictions
Is Callon Petroleum Co stock public? Yes, Callon Petroleum Co is a publicly traded company.
Stock Price Forecast
The 14 analysts offering 12-month price forecasts for Callon Petroleum Co have a median target of 65.38, with a high estimate of 95.00 and a low estimate of 56.00. The median estimate represents a +20.04% increase from the last price of 54.46.
Analyst Recommendations
The current consensus among 14 polled investment analysts is to Hold stock in Callon Petroleum Co. This rating has held steady since January, when it was unchanged from a Hold rating. Move your mouse over past months for detail
CPE : Callon Petroleum Company stock forecast by Wall Street Analysts
The average Callon Petroleum Company stock forecast from last 6 month is $63.14, and this show a 13.91% increase in average from the prior price target of the each prediction. Also, this average forecast of $63.14 represents a 42.85% increase from the past average forecast of $44.2, 6 months ago from 10 wall street analysts.
Frequently Asked Questions about Callon Petroleum Company stock forecast
From Callon Petroleum Company stock forecast , Callon Petroleum Company (CPE) stock can be a good investment choice. According to AI Pickup, the Callon Petroleum Company stock price forecast for 2022 Mar. is $52.16839513155
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CPE Stock Is Loved by Robinhood Investors
I’m probably becoming loathed by Robinhood investors. However, in fairness, they’re making it very easy. In early March, only 4,000 accounts were holding its stock. As of this writing over 76,000 Robinhood members are seeking to be the smartest guy in the room.
Callon Has Serious Problems
For starters, Callon is heavily invested in shale production. That’s a very expensive way to extract oil. And they’ve shut in a good bit of their production. So even if oil prices go up significantly, they’re going to be late getting to that party.
What does increasing volume mean in stocks?
Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What is sentiment in stock?
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.