Callon Petroleum Company found using ticker (CPE) have now 12 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 68 and 43 with a mean TP of 55.06. Now with the previous closing price of 43.27 this would indicate that there is a potential upside of 27.2%. The day 50 moving average is 38.71 while the 200 day moving average is 43.63. The market cap for the company is $2,554m. Company Website: https://www.callon.com
The potential market cap would be $3,249m 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 equivalent, including 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.
