Callon Petroleum Company with ticker code (CPE) have now 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 95 and 56 with a mean TP of 69.2. Given that the stocks previous close was at 59.79 this indicates there is a potential upside of 15.7%. There is a 50 day moving average of 52.58 and the 200 day moving average is 47.87. The market capitalisation for the company is $3,731m. Find out more information at: https://www.callon.com
The potential market cap would be $4,319m based on the market concensus.
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, 2021, its estimated net proved reserves totaled approximately 484.6 million barrel of oil equivalentluding 290.3 MMBbls oil, 577.3 Bcf of natural gas, and 98.1 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.
