Callon Petroleum Company with ticker code (CPE) now have 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 95 and 56 with a mean TP of 69.63. Given that the stocks previous close was at 52.3 this now indicates there is a potential upside of 33.1%. There is a 50 day moving average of 51.15 and the 200 day MA is 47.07. The market cap for the company is $3,187m. Find out more information at: https://www.callon.com
The potential market cap would be $4,243m 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.
