Callon Petroleum Company found using ticker (CPE) have now 13 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 100 and 56 calculating the average target price we see 73.21. Now with the previous closing price of 56.01 this would imply there is a potential upside of 30.7%. There is a 50 day moving average of 54.01 and the 200 day MA is 48.79. The market cap for the company is $3,592m. Visit the company website at: https://www.callon.com
The potential market cap would be $4,695m 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.
