Callon Petroleum Stock Today

CPE Stock  USD 35.12  0.86  2.51%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 34

 
100  
 
Zero
Below Average
Callon Petroleum is trading at 35.12 as of the 28th of March 2024, a 2.51 percent increase since the beginning of the trading day. The stock's lowest day price was 33.91. Callon Petroleum has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Callon Petroleum are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
19th of December 1988
Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. The company was founded in 1950 and is headquartered in Houston, Texas. The company has 66.51 M outstanding shares of which 9.26 M shares are currently shorted by investors with about 7.03 days to cover. More on Callon Petroleum

Moving against Callon Stock

  0.55HPKEW HighPeak EnergyPairCorr

Callon Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Callon Petroleum's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Callon Petroleum or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJoseph Gatto
Thematic IdeaPetroleum and Natural Gas (View all Themes)
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, SP Small-Cap 600, Petroleum and Natural Gas, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering Callon Petroleum report their recommendations after researching Callon Petroleum's financial statements, talking to executives and customers, or listening in on Callon Petroleum's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Callon Petroleum. The Callon consensus assessment is calculated by taking the average forecast from all of the analysts covering Callon Petroleum.
Financial Strength
Based on the analysis of Callon Petroleum's profitability, liquidity, and operating efficiency, Callon Petroleum is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in April. Financial strength of Callon Petroleum is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.210.3314
Way Down
Pretty Stable
Gross Profit Margin0.720.373
Way Up
Very volatile
Total Current Liabilities679.3 M647 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.6 B2.4 B
Sufficiently Up
Slightly volatile
Total Assets7.4 B7.1 B
Sufficiently Up
Slightly volatile
Total Current Assets264.7 M252.1 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.1 B1.1 B
Sufficiently Up
Slightly volatile
Callon Petroleum's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Callon Petroleum's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Callon Petroleum's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Callon Petroleum's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Callon Petroleum's financial leverage. It provides some insight into what part of Callon Petroleum's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Callon Petroleum's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Callon Petroleum deploys its capital and how much of that capital is borrowed.
Liquidity
Callon Petroleum cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.92 B in debt with debt to equity (D/E) ratio of 1.11, which is OK given its current industry classification. Callon Petroleum has a current ratio of 0.38, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Callon Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Callon Petroleum's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Callon Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Callon to invest in growth at high rates of return. When we think about Callon Petroleum's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

(156.17 Million)
Callon Petroleum (CPE) is traded on New York Stock Exchange in USA. It is located in One Briarlake Plaza, Houston, TX, United States, 77042 and employs 281 people. Callon Petroleum is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.34 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Callon Petroleum's market, we take the total number of its shares issued and multiply it by Callon Petroleum's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Callon Petroleum runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 66.51 M outstanding shares of which 9.26 M shares are currently shorted by investors with about 7.03 days to cover. Callon Petroleum has about 3.4 M in cash with 1.09 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check Callon Petroleum Probability Of Bankruptcy
Ownership Allocation
Callon Petroleum holds a total of 66.51 Million outstanding shares. The majority of Callon Petroleum outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Callon Petroleum to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Callon Petroleum. Please pay attention to any change in the institutional holdings of Callon Petroleum as this could imply that something significant has changed or is about to change at the company. Also note that nearly one million nine hundred ninety-five thousand two hundred fourty-nine invesors are currently shorting Callon Petroleum expressing very little confidence in its future performance.
Check Callon Ownership Details

Callon Stock Price Odds Analysis

What are Callon Petroleum's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Callon Petroleum jumping above the current price in 90 days from now is roughly 2.87%. The Callon Petroleum probability density function shows the probability of Callon Petroleum stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Callon Petroleum has a beta of -0.5209 suggesting as returns on benchmark increase, returns on holding Callon Petroleum are expected to decrease at a much lower rate. During the bear market, however, Callon Petroleum is likely to outperform the market. Additionally, callon Petroleum has an alpha of 0.1155, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 35.12HorizonTargetOdds Above 35.12
97.08%90 days
 35.12 
2.87%
Based on a normal probability distribution, the odds of Callon Petroleum to move above the current price in 90 days from now is roughly 2.87 (This Callon Petroleum probability density function shows the probability of Callon Stock to fall within a particular range of prices over 90 days) .

Callon Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Callon Petroleum that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Callon Petroleum's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Callon Petroleum's value.
InstituionRecorded OnShares
Arrowstreet Capital Limited Partnership2023-12-31
M
Post Oak Energy Holdings Llc2023-12-31
926.3 K
Ameriprise Financial Inc2023-12-31
784.4 K
Morgan Stanley - Brokerage Accounts2023-12-31
739.7 K
D. E. Shaw & Co Lp2023-09-30
693.4 K
Bank Of New York Mellon Corp2023-12-31
688.6 K
Allspring Global Investments Holdings, Llc2023-12-31
688.2 K
Northern Trust Corp2023-12-31
666.6 K
Aventail Capital Group, Lp2023-12-31
657 K
Blackrock Inc2023-12-31
M
Vanguard Group Inc2023-12-31
6.7 M
View Callon Petroleum Diagnostics

Callon Petroleum Historical Income Statement

Callon Petroleum Income Statement is one of the three primary financial statements used for reporting Callon's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Callon Petroleum revenue and expense. Callon Petroleum Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Callon Petroleum's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 121.1 M, whereas Income Tax Expense is projected to grow to (180.3 M). View More Fundamentals

Callon Stock Against Markets

Picking the right benchmark for Callon Petroleum stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Callon Petroleum stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Callon Petroleum is critical whether you are bullish or bearish towards Callon Petroleum at a given time. Please also check how Callon Petroleum's historical prices are related to one of the top price index indicators.

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Our tools can tell you how much better you can do entering a position in Callon Petroleum without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Callon Petroleum Corporate Directors

Callon Petroleum corporate directors refer to members of a Callon Petroleum board of directors. The board of directors generally takes responsibility for the Callon Petroleum's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Callon Petroleum's board members must vote for the resolution. The Callon Petroleum board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Barbara FaulkenberryIndependent DirectorProfile
L FluryIndependent DirectorProfile
James TrimbleIndependent DirectorProfile
Sylvester JohnsonIndependent DirectorProfile

How to buy Callon Stock?

Before investing in Callon Petroleum, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Callon Petroleum. To buy Callon Petroleum stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Callon Petroleum. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Callon Petroleum stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Callon Petroleum stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Callon Petroleum stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Callon Petroleum, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Callon Stock please use our How to Invest in Callon Petroleum guide.

Already Invested in Callon Petroleum?

The danger of trading Callon Petroleum is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Callon Petroleum is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Callon Petroleum. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Callon Petroleum is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Callon Petroleum is a strong investment it is important to analyze Callon Petroleum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Callon Petroleum's future performance. For an informed investment choice regarding Callon Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Callon Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Callon Stock refer to our How to Trade Callon Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Callon Petroleum's price analysis, check to measure Callon Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Callon Petroleum is operating at the current time. Most of Callon Petroleum's value examination focuses on studying past and present price action to predict the probability of Callon Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Callon Petroleum's price. Additionally, you may evaluate how the addition of Callon Petroleum to your portfolios can decrease your overall portfolio volatility.
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Is Callon Petroleum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Callon Petroleum. If investors know Callon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Callon Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Earnings Share
6.19
Revenue Per Share
36.218
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0736
The market value of Callon Petroleum is measured differently than its book value, which is the value of Callon that is recorded on the company's balance sheet. Investors also form their own opinion of Callon Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Callon Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Callon Petroleum's market value can be influenced by many factors that don't directly affect Callon Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Callon Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callon Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callon Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.