Stock FAQs

why is cpe stock falling

by Alana Dickinson Published 3 years ago Updated 2 years ago
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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.Aug 16, 2021

Who bought CPE stock in the last quarter?

CPE stock was purchased by a variety of institutional investors in the last quarter, including Cutler Group LP, Sciencast Management LP, State of Alaska Department of Revenue, Louisiana State Employees Retirement System, and Kestra Advisory Services LLC.

Is CPE a hold or sell?

Today CPE ranks #10638 as hold candidate. Get $10 when you deposit $100* in your eToro account. Which way will CPE go? * StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Who sells Callon Petroleum (CPE) stock?

CPE stock was sold by a variety of institutional investors in the last quarter, including AE Wealth Management LLC. Company insiders that have sold Callon Petroleum company stock in the last year include Bpp Energy Partners Llc, Gregory F Conaway, and S P Iv Johnson.

When do you think CPE will hit $65+?

We have CPE Q4 earnings sometime late Feb. I see CPE making new highs then BEFORE the CC, trading at $65+. A fantastic CC/2022 projection then may push CPE to $70+ pps by March. I think we are past the point of CPE being milked for swing trades here shortly.

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What is happening with CPE stock?

Callon Petroleum Co (NYSE:CPE) The 13 analysts offering 12-month price forecasts for Callon Petroleum Co have a median target of 78.00, with a high estimate of 140.00 and a low estimate of 60.00. The median estimate represents a +63.69% increase from the last price of 47.65.

Will CPE stock recover?

Based on our forecasts, a long-term increase is expected, the "CPE" stock price prognosis for 2027-05-26 is 146.562 USD. With a 5-year investment, the revenue is expected to be around +134.65%. Your current $100 investment may be up to $234.65 in 2027. Get It Now!

Is CPE a good stock to 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.

Is CPE a buy or sell?

Out of 6 analysts, 2 (33.33%) are recommending CPE as a Strong Buy, 0 (0%) are recommending CPE as a Buy, 3 (50%) are recommending CPE as a Hold, 0 (0%) are recommending CPE as a Sell, and 1 (16.67%) are recommending CPE as a Strong Sell. What is CPE's earnings growth forecast for 2022-2024?

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

Does CPE stock pay dividends?

CPE does not currently pay a dividend.

Will Cdev go up?

Centennial Resource Development Inc (NASDAQ:CDEV) The 11 analysts offering 12-month price forecasts for Centennial Resource Development Inc have a median target of 11.00, with a high estimate of 13.00 and a low estimate of 8.00. The median estimate represents a +28.35% increase from the last price of 8.57.

How many employees does Callon Petroleum have?

Compare CPE With Other StocksCallon Petroleum Annual Number of Employees20203032019475201821820171699 more rows

How much is Callon Petroleum stock worth in 2021?

Is Callon Petroleum a negative stock?

The Callon Petroleum Company stock price gained 5.18% on the last trading day (Friday, 9th Jul 2021), rising from $51.76 to $54.44. During the day the stock fluctuated 5.71% from a day low at $51.54 to a day high of $54.48. The price has been going up and down for this period, and there has been a -7.34% loss for the last 2 weeks. Volume fell on the last day by -792 thousand shares and in total, 1 million shares were bought and sold for approximately $68.87 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

IBD 50 Stocks To Watch: Energy Stock Callon Petroleum Nears Buy Point Amid Higher Energy Prices

The Callon Petroleum Company stock holds several negative signals and despite the positive trend, we believe Callon Petroleum Company will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Sell candidate.

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EQT Corporation (EQT) Lags Q4 Earnings and Revenue Estimates

It could be a good time to go short, because the consensus wisdom is that oil prices will stay high all year. Evidence to the contrary could slam the stocks.

What is the CPE symbol?

EQT Corporation (EQT) delivered earnings and revenue surprises of -19.61% and 2.49%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

When will Callon Petroleum release its earnings?

Callon Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPE."

How much does Callon Petroleum make?

Callon Petroleum is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021. View our earnings forecast for Callon Petroleum.

What is the P/B ratio of Callon Petroleum?

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.

What is Callon Petroleum's rating?

Callon Petroleum has a P/B Ratio of 3.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Does Callon Petroleum pay dividends?

Callon Petroleum has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 8 hold ratings, and no sell ratings.

Why did riots break out in the Hague?

Callon Petroleum does not currently pay a dividend.

How much would a 15 million barrel oil release bring down the price of crude oil?

Rioting broke out at The Hague on Saturday over the Dutch government's new coronavirus measures. Video from the scene shows riot police deploying water cannons and charging groups of demonstrators.

How many police officers were injured in the Hague?

A release of 15 million to 48 million barrels over a short period would bring crude prices down by about $2 a barrel, or the equivalent to as much as 10 cents per gallon of gasoline, Nalley added.

How many short positions are abandoned in 300k?

Five police officers were injured during the clashes at The Hague, with one taken to hospital suffering concussion and two suffering hearing damage from loud fireworks, police said in a statement.

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