Advertisement
Advertisement
U.S. markets close in 1 hour 55 minutes
Advertisement
Advertisement
Advertisement
Advertisement

Callon Petroleum Company (CPE)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
38.89+2.43 (+6.66%)
As of 02:05PM EDT. Market open.
Advertisement
Sign in to post a message.
  • G
    Gladiator
    Papito/HarryB/Grateful and longs next 3 weeks. And just wait till CEO announces shares buyback by earnings
    Bullish
  • M
    Meigs
    EIA Report ending July 1, 2022: "U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve)
    increased by 8.2 million barrels from the previous week. At 423.8 million barrels, U.S. crude oil
    inventories are about 10% below the five year average for this time of year. Total motor gasoline
    inventories decreased by 2.5 million barrels last week and are about 8% below the five year
    average for this time of year. Finished gasoline inventories increased and blending components
    inventories decreased last week. Distillate fuel inventories decreased by 1.3 million barrels last
    week and are about 20% below the five year average for this time of year. Propane/propylene
    inventories increased by 0.9 million barrels last week and are about 16% below the five year
    average for this time of year. Total commercial petroleum inventories increased by 5.1 million
    barrels last week."
  • G
    Grateful
    With a current P/E of 4, I would put every penny that I have into CPE if I could trust the management to not dilute again to buy another company at shareholder expense, and not payoff debt, or pull some other shenanigans.
    Let's face it, they just restructured the debt instead of paying it off. That screams "we have no intention of doing right by shareholders".
  • J
    John
    Flash... oil sell off overshoots, says Goldman as oil inventories approach critically low levels lol lol they could've just asked anyone on this board who would have set them straight
  • G
    Gladiator
    My post from yesterday
    "I say we hit bottom and start our journey back to $65. It will be a bumpy next 2 weeks as sleepy Joe heads to SA. I am confident we will not see the 2021 lows. Still a ton of bullish news for oil. SPR barrels released will end in October, supply still tight, no major investment in oil last 2 years and an administration hostile to oil. Commodities have collapsed last 3 weeks and oil is last to break. Good news for fed. Means dollar will start to decline and fed will relax comes September. I still expect a 75 bp increase in July. I also expect CPI number to show that inflation is is under control. Especially CPI numbers to be released in August. Bearish market gives you the opportunity to buy your favorite stocks at a huge discount. I say start buying. Big rally coming. Just a matter of time."
    Bullish
  • M
    Meigs
    API report: Crude +3.825M Gasoline -1.814M Distillate -0.635M Cushing +0.459M
  • P
    Pakalu Papito
    $SBOW up %12.
  • C
    CD
    4 hou4 hours ago — RBC Capital analyst Scott Hanold upgraded Callon Petroleum (NYSE: CPE) from Sector Perform to Outperform with a price target of $75.00
    Bullish
  • M
    Mark
    YouTube interview July 6, 2022 Oil market has clearly priced in a recession - Randy Ollenberger, Managing Director of Oil and Gas Equity Research at BMO Capital Market (subsidiary of Canadian Bank of Montreal)
    • Less down side ($10) risk and much bigger up side risk at current level, even with a recession scenario.
    • A mild recession with 2% demand decrease for a few quarters won’t stop oil price going up
    • End of year oil price $130
    • Oil company stocks are currently priced at oil price below $60

    $TGA $LPI
  • E
    Edward
    CPE is about to EXPLODE upwards!!!Don't miss out!!!
    CPE for an easy DOUBLE or TRIPLE!!!!
    Bullish
  • E
    Educated
    Need a week of this.
  • Y
    Yosef
    In the coming month cpe is going to go down, like all stocks !!!! There is a recession in the world and it is affecting the stock markets all over the world !!!! The nephew will strengthen again after the recession and will again stand at $ 110 and even more. But there is no doubt that by the end of the year cpe will recover and reach a level of 50 and also 60 and even 70 dollars
    Bullish
  • G
    Gladiator
    Short squeeze coming. Be careful shorts
    Bullish
  • P
    Pakalu Papito
    $LPI conversation
    Wish I had more money. What a bargain with $SBOW, $LPI and even $CPE. Hard to predict bottom but I just went ALL IN. My largest positions now are SBOW and LPI, followed by CPE
  • C
    CD
    What 4 Analyst Ratings Have To Say About Callon Petroleum 10:05 am ET July 6, 2022 (Benzinga)
    "In the last 3 months, 4 analysts have offered 12-month price targets for Callon Petroleum. The company has an average price target of $80.75 with a high of $101.00 and a low of $68.00."
  • P
    Patriek
    It maybe not happening, but all we need is a serious short squeeze !!
  • G
    Gladiator
    CPI number to be released next week and start of earning season. CPI number should show that inflation has peaked. However the August number will 100% and put the fed at ease. And that is when the market takes off. Next 2 weeks will be bumpy as sleepy Joe heads to SA and earnings. I say 2 weeks from now we start a huge rally. CPE back to $65 by end of August. And if CEO surprises us with a share buyback $80 is my target. Will he??? I say 70% chance he will
    Bullish
  • a
    alan
    The Fed and their intermediaries shorting oil still doesn’t change the huge supply and demand imbalances that have occurred over the years. This will come back to bite Powell and Biden by creating de facto price controls through algo trading.
  • R
    Ryan
    This will close green IMO. A small cap like CPE outperforming peers means this sell-off is almost over.
Advertisement
Advertisement