Callon Petroleum Company which can be found using ticker (CPE) now have 12 confirmed 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 70 and 43 with the average target price sitting at $54.58. Now with the previous closing price of $35.38 and the analysts are correct then we can expect a percentage increase in value of 54.3%. It’s also worth noting that there is a 50 day moving average of $36.98 and the 200 moving average now moves to $39.56. The company has a market cap of $2,246m. Company Website: https://www.callon.com
The potential market cap would be $3,464m based on the market consensus.
Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in West Texas. The company was founded in 1950 and is headquartered in Houston, Texas.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 1.95, revenue per share of 52.43 and a 14.44% return on assets.
