CPE - Callon Petroleum Company

NYSE - NYSE Delayed Price. Currency in USD
10.89
-0.21 (-1.89%)
At close: 4:02PM EDT
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Previous Close11.10
Open11.11
Bid0.00 x 1800
Ask0.00 x 1000
Day's Range10.86 - 11.24
52 Week Range9.34 - 14.65
Volume3,991,545
Avg. Volume6,511,931
Market Cap2.477B
Beta0.73
PE Ratio (TTM)18.03
EPS (TTM)0.60
Earnings DateJul 31, 2018 - Aug 6, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1998-06-26
1y Target Est16.57
Trade prices are not sourced from all markets
  • Market Realist6 days ago

    Factors that Could Influence Energy Prices This Week

    Between July 9 and July 13, the events listed in the following table could impact oil and natural gas prices. The EIA (U.S. Energy Information Administration) is expected to release its Short-Term Energy Outlook on July 10. The IEA (International Energy Agency) is scheduled to release its Oil Market Report scheduled on July 12. These reports could influence oil and natural gas prices for the next few weeks.

  • US Crude Oil Could Retreat to $70 by July 13
    Market Realist10 days ago

    US Crude Oil Could Retreat to $70 by July 13

    On July 5, US crude oil’s implied volatility was 26.5%—1.1% below the highest level in 2018 of 26.8% on February 12. The higher implied volatility could warrant sharp movement in oil prices.

  • China’s Retaliation Could Impact Oil Prices
    Market Realist10 days ago

    China’s Retaliation Could Impact Oil Prices

    US tariffs on Chinese imports went into effect at 12:00 AM EST on July 6. China retaliated by announcing tariffs on US imports. Escalating trade tensions between the US and China could lead to China imposing a 25% tariff on US crude oil imports.

  • TheStreet.com18 days ago

    Oil Surge Is Creating High-Yield Opportunities

    As crude oil's strong rebound continues -- I'm seeing WTI quoted at $73.31 as I write this -- I have been looking into different ways to play the jump in prices. The fact is, though, an extended period of sustainably higher oil prices changes the basic economics of drilling a well. Higher oil prices also increase the value of the land upon which E&P companies lease their drilling rights, as that land is worth the current discounted value of future production volumes.

  • Does Callon Petroleum Company’s (NYSE:CPE) PE Ratio Warrant A Sell?
    Simply Wall St.19 days ago

    Does Callon Petroleum Company’s (NYSE:CPE) PE Ratio Warrant A Sell?

    I am writing today to help inform people who are new to the stock market and want to begin learning the link between Callon Petroleum Company (NYSE:CPE)’s fundamentals and stockRead More...

  • Market Realist21 days ago

    Oil and Gas: Key Energy Events to Watch through June 29

    Between June 25 and June 29, the events listed in the following chart could impact oil and natural gas prices.

  • Will US Crude Oil Move Sharply Due to OPEC’s Meeting?
    Market Realist24 days ago

    Will US Crude Oil Move Sharply Due to OPEC’s Meeting?

    On June 21, US crude oil August futures fell 0.3% and closed at $65.54 per barrel. However, the United States Oil ETF (USO) rose 0.2% on that day. USO is meant to track oil futures, but it can sometimes have a tracking difference due to various factors.

  • US Crude Oil Production Is Steady at Record Levels
    Market Realist25 days ago

    US Crude Oil Production Is Steady at Record Levels

    The EIA (U.S. Energy Information Administration) released its weekly US crude oil output data on June 20. The EIA reported that the US crude oil output was steady at 10,900,000 bpd (barrels per day) on June 8–15. Crude oil production has been steady at a record high level. The US crude oil output increased by 1,550,000 bpd or ~16.6% year-over-year.

  • ACCESSWIRE26 days ago

    Today's Research Reports on Trending Tickers: Callon Petroleum and Carrizo Oil & Gas

    NEW YORK, NY / ACCESSWIRE / June 20, 2018 / U.S. equities slumped on Tuesday as global trade concerns grew after President Trump threatened to impose an additional $400 billion in tariffs on goods from ...

  • US Tight Oil Growth Driven by Increasing New Well Productivity
    Market Realist27 days ago

    US Tight Oil Growth Driven by Increasing New Well Productivity

    The Permian Basin Is Still a Star, but Can Midstream Keep Up? According to the EIA (U.S. Energy Information Administration), US tight oil production has increased in part due to the increasing productivity of new wells. Growing initial production rates have helped tight oil production to increase despite slowdowns in drilling activity when oil prices crashed in 2014.

  • Market Realist28 days ago

    Key Events for the Oil Market This Week

    OPEC members’ meeting is scheduled for June 22. The meeting will likely be the most important event for oil prices this week. The meeting will decide the fate of the production cut deal—an event that would decide the future direction of oil prices.

  • Lower US Crude Oil Production Forecasts for 2019
    Market Realistlast month

    Lower US Crude Oil Production Forecasts for 2019

    The EIA (U.S. Energy Information Administration) released its weekly US crude oil production data on June 13. The EIA reported that US crude oil production increased by 100,000 bpd (barrels per day) to a record high of 10.9 MMbpd (million barrels per day) on June 1–8. The production increased by 1.6 MMbpd or ~16.8% from a year ago.

  • PR Newswirelast month

    Callon Petroleum Company Announces Upcoming Investor Events

    NATCHEZ, Miss. , June 12, 2018 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that senior management plans to participate in the upcoming ...

  • ACCESSWIRElast month

    Free Pre-Market Technical Pulse on Callon Petroleum and Three More Independent Oil & Gas Stocks -- Kosmos Energy, National Fuel Gas, California Resources, and Callon Petroleum Co.

    Pre-market today, WallStEquities.com tracks four Independent Oil and Gas companies to see how they have fared over the previous trading sessions: Kosmos Energy Ltd. (NYSE: KOS), National Fuel Gas Co. (NYSE: NFG), California Resources Corp. (NYSE: CRC), and Callon Petroleum Co. (NYSE: CPE). Last Friday, shares in Hamilton, Bermuda-based Kosmos Energy Ltd. ended the session 0.63% lower at $7.95.

  • PR Newswirelast month

    Callon Petroleum Company Announces Closing of $400 Million Offering of Senior Unsecured Notes Due 2026

    NATCHEZ, Miss., June 7, 2018 /PRNewswire/ -- Callon Petroleum Company (CPE) ("Callon" or the "Company") announced today the closing of its private offering of $400 million aggregate principal amount of its 6.375% senior unsecured notes due 2026 (the "notes") at an issue price of 100% of the principal amount of the notes.  The notes will mature on July 1, 2026, unless redeemed in accordance with their terms prior to such date.  The notes were offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The balance of the net proceeds from the offering is expected to be used to repay amounts borrowed under the Company's senior secured revolving credit facility and the remaining proceeds, if any, for general corporate purposes.

  • Oil Sell-Off: Which Oil-Weighted Stocks to Avoid
    Market Realistlast month

    Oil Sell-Off: Which Oil-Weighted Stocks to Avoid

    On June 6, US crude oil July futures fell 1.2% and closed at $64.73 per barrel—the lowest closing level for active US crude oil futures since April 9. In four out of the last five trading sessions, US crude oil July futures closed lower. On May 30–June 6, US crude oil active futures fell 5.1%.

  • Is the Oil Market Concerned about Rising Production?
    Market Realistlast month

    Is the Oil Market Concerned about Rising Production?

    On June 4, US crude oil July futures closed $2.78 above the July 2019 futures contract. On May 25, the futures spread or the price difference was at a premium of $4.49. On May 25–June 4, US crude oil July futures fell 4.6%.

  • PR Newswirelast month

    Callon Petroleum Declares Series A Preferred Dividend

    Callon is an independent energy company focused on the acquisition, development, exploration and operation of oil and gas properties in the Permian Basin in West Texas. This news release is posted on the Company's website at www.callon.com and will be archived there for subsequent review.

  • How Oil ETFs Did Last Week
    Market Realistlast month

    How Oil ETFs Did Last Week

    Last week (May 25–June 1), US crude oil futures ETFs’ performance was as follows: The United States Oil ETF (USO) fell 3.1%. The United States 12 Month Oil ETF (USL) fell 2.4%. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 6.3%.

  • Could US Crude Oil Fall More?
    Market Realistlast month

    Could US Crude Oil Fall More?

    On May 31, US crude oil July futures fell 1.7% and closed at $67.04 per barrel. That same day, the United States Oil ETF (USO) fell 2%.

  • Callon (CPE) Expands Notes Offering to Fund Delaware Buyout
    Zackslast month

    Callon (CPE) Expands Notes Offering to Fund Delaware Buyout

    Callon (CPE) raises the principal amount of the senior unsecured notes from $300 million to $400 million.

  • Market Realistlast month

    Has Oil Dragged Oil-Weighted Stocks?

    On May 23–30, our list of oil-weighted stocks fell 1.8%. US crude oil July futures fell 5.1% during this period. Below are the oil-weighted stocks with the biggest increases in the trailing week: Whiting Petroleum (WLL) rose 3.8%. Oasis Petroleum (OAS) rose 2.2%. WPX Energy (WPX) rose 1%.

  • PR Newswirelast month

    Callon Petroleum Company Announces Pricing of Upsized $400 Million Senior Unsecured Notes Offering

    NATCHEZ, Miss., May 31, 2018 /PRNewswire/ -- Callon Petroleum Company (CPE) ("Callon" or the "Company") announced today that it has priced $400 million aggregate principal amount of its 6.375% senior unsecured notes due 2026 (the "notes") in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act").  This represents an increase of $100 million over the aggregate principal amount previously announced. The notes will be initially guaranteed on a senior unsecured basis by the Company's wholly-owned subsidiary, Callon Petroleum Operating Company, and may be guaranteed in the future by other subsidiaries. A portion of the net proceeds from the offering is expected to be used to partially fund the previously disclosed purchase from Cimarex Energy Co. of certain producing oil and gas properties and undeveloped acreage in the Delaware Basin.

  • Moody's2 months ago

    Callon Petroleum Company -- Moody's rates Callon Petroleum's new notes B3; outlook changed to positive

    Moody's Investors Service, ("Moody's") assigned a B3 rating to Callon Petroleum Company's ("Callon") proposed senior unsecured notes due 2026 and changed Callon Petroleum Company's outlook to positive from stable. Moody's also affirmed Callon's existing ratings, including the B2 Corporate Family Rating (CFR), B2-PD Probability of Default Rating and the B3 rating on the existing notes due 2024.

  • PR Newswire2 months ago

    Callon Petroleum Company Announces Launch of $300 Million Senior Unsecured Notes Offering

    NATCHEZ, Miss., May 31, 2018 /PRNewswire/ -- Callon Petroleum Company (CPE) ("Callon" or the "Company") today announced that, subject to market and other conditions, it intends to offer $300 million aggregate principal amount of senior unsecured notes due 2026 (the "notes") in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). A portion of the net proceeds from the offering is expected to be used to partially fund the previously disclosed purchase from Cimarex Energy Co. of certain producing oil and gas properties and undeveloped acreage in the Delaware Basin. The balance of the net proceeds, if any, from the offering is expected to be used for general corporate purposes.