CPE - Callon Petroleum Company

NYSE - NYSE Delayed Price. Currency in USD
6.81
-0.19 (-2.71%)
At close: 4:03PM EDT
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Trade prices are not sourced from all markets
Previous Close7.00
Open7.11
Bid6.80 x 800
Ask6.92 x 21500
Day's Range6.65 - 7.20
52 Week Range5.57 - 13.09
Volume7,989,495
Avg. Volume6,162,923
Market Cap1.552B
Beta (3Y Monthly)1.45
PE Ratio (TTM)6.98
EPS (TTM)0.98
Earnings DateAug 5, 2019 - Aug 9, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1998-06-26
1y Target Est11.47
  • QEP Resources' Stock Gains 5.3% on Takeover Speculations
    Zacks5 days ago

    QEP Resources' Stock Gains 5.3% on Takeover Speculations

    QEP Resources (QEP) has impressed investors by undertaking several initiatives to become a pure-play Permian firm.

  • Bloomberg5 days ago

    Blackstone, Whiting, Callon Consider Bids for Shale Driller QEP

    The Denver-based natural gas and oil explorer and producer said in February that it would explore a sale after activist investor Elliott Management Corp. made a $2 billion proposal to acquire the company. A final decision hasn’t been made and QEP’s plans could still change, they said. Representatives for Blackstone and Elliott declined to comment.

  • Thomson Reuters StreetEvents11 days ago

    Edited Transcript of CPE earnings conference call or presentation 7-May-19 1:00pm GMT

    Q1 2019 Callon Petroleum Co Earnings Call

  • Callon Petroleum (CPE) Q1 Earnings & Revenues Beat Estimates
    Zacks16 days ago

    Callon Petroleum (CPE) Q1 Earnings & Revenues Beat Estimates

    Callon Petroleum's (CPE) first-quarter 2019 earnings are supported by higher production volumes, partially offset by increased operating expenses.

  • Callon Petroleum (CPE) Q1 2019 Earnings Call Transcript
    Motley Fool18 days ago

    Callon Petroleum (CPE) Q1 2019 Earnings Call Transcript

    CPE earnings call for the period ending March 31, 2019.

  • Associated Press19 days ago

    Callon: 1Q Earnings Snapshot

    On a per-share basis, the Houston-based company said it had a loss of 9 cents. Earnings, adjusted for non-recurring costs, came to 16 cents per share. The results exceeded Wall Street expectations. The ...

  • PR Newswire19 days ago

    Callon Petroleum Company Announces First Quarter 2019 Results

    HOUSTON , May 6, 2019 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today reported results of operations for the three months ended March 31, 2019. ...

  • Did Hedge Funds Drop The Ball On Callon Petroleum Company (CPE) ?
    Insider Monkey23 days ago

    Did Hedge Funds Drop The Ball On Callon Petroleum Company (CPE) ?

    Before we spend countless hours researching a company, we'd like to analyze what insiders, hedge funds and billionaire investors think of the stock first. We would like to do so because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors […]

  • These Fundamentals Make Callon Petroleum Company (NYSE:CPE) Truly Worth Looking At
    Simply Wall St.24 days ago

    These Fundamentals Make Callon Petroleum Company (NYSE:CPE) Truly Worth Looking At

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Callon Petroleum Company (NYSE:CPE) is a company with exceptional fundamental characteristic...

  • A Fall in the Inventory Might Boost Oil
    Market Realist26 days ago

    A Fall in the Inventory Might Boost Oil

    Crude Oil in April: Best Month since Late 2016(Continued from Prior Part)Changes in inventory levels On May 1, the EIA (U.S. Energy Information Administration) is scheduled to announce last week’s US crude oil inventory data. A rise up to 0.97

  • Earnings Preview: Callon Petroleum (CPE) Q1 Earnings Expected to Decline
    Zacks27 days ago

    Earnings Preview: Callon Petroleum (CPE) Q1 Earnings Expected to Decline

    Callon (CPE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • 5 Cheap Energy Stocks to Buy Under $10
    InvestorPlacelast month

    5 Cheap Energy Stocks to Buy Under $10

    A little bit of profit taking has descended on Wall Street after the S&P 500 hit a new record closing high earlier in the week. All is normal and typical behavior after such an impressive move out of the late December low.Energy stocks continue to be an area of warmth and light as crude oil prices push toward the $70-a-barrel level on increased tensions with Iran following President Trump's decision to further tighten the vice on Tehran's oil exports. His Administration announced that exemptions that allowed trading partners to import Iranian oil would be ended. All this comes as the summer driving season is set to start. * 10 Automation Stocks to Buy for the 21st Century As a result, a number of names in the energy sector are perking up. Especially smaller, cheaper names that have really yet to follow crude oil's push back above its 200-day moving average. Here are five energy stocks trading for less than $10 that are worth a look:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Transocean (RIG) Click to EnlargeShares of Transocean (NYSE:RIG) are holding steady above their 50-day moving average, setting up a push to challenge the 200-day moving average that was last crossed back in September. A return to the triple-top resistance set late last year would be worth a gain of more than 60% from here.The company will next report results on April 29 after the close. Analysts are looking for a loss of 29 cents per share on revenues of $751.3 million. When the company last reported on Feb. 19, a loss of 34 cents per share missed estimates by 10 cents on an 18.9% rise in revenues. Callon Petroleum (CPE) Click to EnlargeShares of Callon Petroleum (NYSE:CPE) look set to exit out of a four-month consolidation range with a break above resistance near the $8.50-a-share level. Watch for a run at the 200-day moving average, which would be worth a gain of nearly 20% from here. Earlier this month, the company agreed to sell non-core assets in the Midland Basin for $260 million in cash. * 7 Cloud Stocks to Buy Now The company will next report results on May 6 after the close. Analysts are looking for earnings of 15 cents per share on revenues of $151.4 million. When the company last reported on Feb. 26, earnings of 68 cents per share beat estimates by 48 cents on a 37% rise in revenues. Denbury Resources (DNR) Click to EnlargeShares of Denbury Resources (NYSE:DNR) are arcing up and out of a six-month consolidation range, setting up a move to fill the selloff gap formed in late October that would coincide with a move above its 200-day moving average. Zooming out, the stock has been mired in a churning consolidation range since late 2015, so a rotation back to overhead resistance near $4.50 should be expected.The company will next report results on May 7 before the bell. Analysts are looking for earnings of 8 cents per share on revenues of $307 million. When the company last reported on Feb. 27, earnings of 10 cents per share beat estimates by a penny on a 4.7% rise in revenues. Oasis Petroleum (OAS) Click to EnlargeOasis Petroleum (NYSE:OAS) shares look ready to break up and out of a five-month consolidation range with a move above its January high. This comes despite a downgrade from IFS Securities earlier in the week. Watch for a run at the 200-day moving average, lost back in October, which would be worth a gain of nearly 40% from here. * 7 Reasons the Stock Market's Record Closing Isn't the End of the Rally The company will next report results on May 28 after the close. Analysts are looking for earnings of 4 cents per share on revenues of $421.7 million. When the company last reported on Feb. 26, a loss of 2 cents per share missed estimates by 6 cents on a 37.9% rise in revenues. Laredo Petroleum (LPI) Click to EnlargeShares of Laredo Petroleum (NYSE:LPI) are mired in a tight but still tightening consolidation range going back to December. This caps an 80%+ decline from the highs seen in late 2016. Watch for an energy price tailwind to drive shares to a challenge of its 200-day moving average, which would be worth a gain of nearly 70% from here. Management is in the midst of a cost-cutting plan, slicing labor costs by 25%.The company will next report results on May 1 after the close. Analysts are looking for earnings of 9 cents per share on revenues of $185.1 million. When the company last reported on Feb. 13, earnings of 16 cents per share missed estimates by 6 cents on a 10.4% decline in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks That Could Double Over the Next Five Years * 6 S&P 500 Stocks Ready to Break Out * 5 Mining ETFs to Dig Into Compare Brokers The post 5 Cheap Energy Stocks to Buy Under $10 appeared first on InvestorPlace.

  • Can Range Resources (RRC) Deliver a Beat in Q1 Earnings?
    Zackslast month

    Can Range Resources (RRC) Deliver a Beat in Q1 Earnings?

    Range Resources' (RRC) first-quarter 2019 earnings are expected to gain from rising prices and production.

  • Rigzone.com2 months ago

    Callon Petroleum to Sell Non-Core Midland Assets

    Callon Petroleum Company has entered into a definitive agreement to divest its non-core assets in the Ranger operating area of the Midland Basin for $260 million cash.

  • Oil Hits 5-Month High On Libya Turmoil
    Oilprice.com2 months ago

    Oil Hits 5-Month High On Libya Turmoil

    Oil prices have hit a five month high as bullish sentiment continues to grow on the back of violence in Libya and banks hiking their pricing forecasts

  • Permian-focused upstream co. sells noncore assets after moving HQ to Houston
    American City Business Journals2 months ago

    Permian-focused upstream co. sells noncore assets after moving HQ to Houston

    Callon Petroleum Co. (NYSE: CPE), which recently moved its headquarters to Houston, will sell some of its noncore Midland Basin assets to an undisclosed buyer. Callon expects to receive initial cash proceeds of $260 million, subject to customary purchase price adjustments, and incremental cash payments of up to $60 million based upon future commodity prices, according to an April 8 press release.  The assets are in the Ranger operating area of the southern Midland Basin and include approximately 9,850 net Wolfcamp acres and more than 80 currently producing horizontal wells that have been drilled since 2012. The assets produced an average of about 4,000 barrels of oil equivalent per day in February 2019, and Callon wasn’t planning to invest in any new activity in the area for 2019.  The deal will help increase Callon’s “capital efficiency by monetizing lower margin, non-core properties that have not competed for capital on a sustained basis,” Joe Gatto, Callon’s president and CEO, said in the April 8 release.

  • Callon Petroleum to Divest Non-Core Midland Basin Assets
    Zacks2 months ago

    Callon Petroleum to Divest Non-Core Midland Basin Assets

    Callon Petroleum's (CPE) decision to divest certain non-core assets in the Midland Basin is in sync with its strategy of monetizing lower margin, non-core properties.

  • PR Newswire2 months ago

    Callon Petroleum Company Announces Divestiture of Non-Core Assets

    HOUSTON, April 8, 2019 /PRNewswire/ -- Callon Petroleum Company (CPE) ("Callon" or "we") today announced it has entered into a definitive agreement regarding the sale of certain non-core assets in the Midland Basin for initial cash proceeds of $260 million, subject to customary purchase price adjustments. The agreement also provides for potential incremental cash payments of up to $60 million based upon future commodity prices with upside participation starting at the $60/Bbl West Texas Intermediate level. The proceeds from this divestiture will accelerate our debt reduction initiatives and also provide the opportunity to retire our preferred stock, reducing our cash financing costs.

  • The Callon Petroleum (NYSE:CPE) Share Price Is Down 36% So Some Shareholders Are Getting Worried
    Simply Wall St.2 months ago

    The Callon Petroleum (NYSE:CPE) Share Price Is Down 36% So Some Shareholders Are Getting Worried

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Callon Petroleum Company (NYSE:CPE) shareholders should be happy to see the share price up 13% in the last month. But t...

  • PR Newswire2 months ago

    Callon Petroleum Company Schedules First Quarter 2019 Conference Call for May 7, 2019

    HOUSTON , April 4, 2019 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) plans to host a conference call to discuss its first quarter 2019 financial and operating results. Webcast and Conference Call: ...

  • Why Is Callon (CPE) Down 0.9% Since Last Earnings Report?
    Zacks2 months ago

    Why Is Callon (CPE) Down 0.9% Since Last Earnings Report?

    Callon (CPE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • What Change in the Inventory Will Support Oil Prices?
    Market Realist2 months ago

    What Change in the Inventory Will Support Oil Prices?

    Analyzing Key Dynamics of the Oil Market(Continued from Prior Part)Changes in inventory levelsOn March 27, the EIA (U.S. Energy Information Administration) is scheduled to announce last week’s US crude oil inventory data. Any rise up to 1.4 MMbbls

  • Oil Futures Spread: Bullish Sentiments Decline
    Market Realist2 months ago

    Oil Futures Spread: Bullish Sentiments Decline

    Analyzing Key Dynamics of the Oil Market(Continued from Prior Part)Futures spreadOn March 25, the US crude oil May 2019 futures closed just ~$0.08 above the May 2020 futures. On March 18, the futures spread was at a premium of $0.24. On March

  • PR Newswire2 months ago

    Callon Petroleum Company Announces Upcoming Investor Event

    HOUSTON , March 19, 2019 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that senior management plans to participate in the upcoming ...