Callon Petroleum Company Stock News

The oil price positive trajectory is definitely a boon for Callon Petroleum's (CPE) upstream operations.

The oil price positive trajectory is definitely a boon for Callon Petroleum's (CPE) upstream operations.

Callon's net debt is projected to be under $2.1 billion at the end of 2022. This would put its net debt at 1.4x EBITDAX, with the potential to reach 1.0x by the end of 2023.

Smart Beta ETF report for XOP

Callon Petroleum (NYSE:CPE) Director S P. Iv Johnson sold 1,200 shares of the firm’s stock in a transaction that occurred on Monday, December 20th. The stock was sold at an average price of $42.71, for a total transaction of $51,252.00. The transaction was disclosed in a document filed with the SEC, which can be accessed […]

Callon Petroleum Company (NYSE:CPE) has a beta value of 3.01 and has seen 1.61 million shares traded in the last trading session. The company, currently valued at $2.66B, closed the last trade at $46.50 per share which meant it gained $3.67 on the day or 8.57% during that session. The CPE stock price is -40.75% An In-Depth Look At The Callon Petroleum Company (CPE) Stock Read More »

Crescent Energy (NYSE:CRGY) and Callon Petroleum (NYSE:CPE) are both mid-cap oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, dividends, profitability, earnings and risk. Risk & Volatility Crescent Energy has a beta of 2.02, suggesting that its share price []

Zacks Investment Research cut shares of Callon Petroleum (NYSE:CPE) from a strong-buy rating to a hold rating in a research note released on Wednesday, Zacks.com reports. The firm currently has $50.00 price objective on the oil and natural gas companys stock. According to Zacks, Callons strong presence in the Permian Basin, which is among the []

Callon Petroleum (NYSE:CPE) was downgraded by Zacks Investment Research from a strong-buy rating to a hold rating in a research report issued on Wednesday, Zacks.com reports. They presently have a $50.00 price objective on the oil and natural gas companys stock. Zacks Investment Researchs price target suggests a potential upside of 6.52% from the companys []

Suncor Energy (SU) expects its average upstream production for next year within 750,000-790,000 barrels of oil equivalent per day.

Once the deal closes, Shell (RDS.A) will continue operating with 43% and 21% working interests in Blocks 3 and 4, respectively.

EQT Corp. (EQT) expects its upstream operations, spreading across the cores of the prolific Marcellus & Utica shale plays, to get stronger on mounting clean energy demand.

Callon Petroleum Company found using ticker (CPE) now have 14 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 93 and 56 with the average target price sitting at 69.93. Given that the stocks previous close was at 52.12 this is indicating there is a potential upside of 34.2%. There is a 50 day moving average of 55.01 and the 200 day moving average is 43.54. The company has a market cap of $2,991m. Find out more information at: https://www.callon.com [stock_market_widget type="chart" symbol="CPE" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] 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. As of December 31, 2020, its estimated net proved reserves totaled approximately 475.9 million barrel of oil equivalent, including 289.5 MMBbls oil, 541.6 Bcf of natural gas, and 96.1 MMBbls of natural gas liquids.

Cheniere (LNG) requests FERC for deadline extension of its planned expansion at the Corpus Christi LNG plant as pandemic disruptions prevented it from making an FID on the stage three project in time.

Tax loss selling and a small pullback in the preferreds market have opened up a number of buying opportunities.