Callon Petroleum Company found using ticker (CPE) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 68 and 43 calculating the average target price we see 55.15. With the stocks previous close at 41.27 this would indicate that there is a potential upside of 33.6%. There is a 50 day moving average of 38.51 and the 200 moving average now moves to 42.69. The company has a market capitalisation of $2,556m. Find out more information at: https://www.callon.com
The potential market cap would be $3,416m 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.
