Callon Petroleum Company with ticker code (CPE) have now 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 93 and 56 calculating the mean target price we have 69.86. Given that the stocks previous close was at 53.31 this would imply there is a potential upside of 31.0%. The day 50 moving average is 53.3 and the 200 day moving average is 45.22. The company has a market capitalisation of $3,498m. Visit the company website at: https://www.callon.com
The potential market cap would be $4,584m 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, 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. The company was founded in 1950 and is headquartered in Houston, Texas.
