Callon Petroleum Company found using ticker (CPE) have now 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 95 and 56 with the average target price sitting at 69.2. Now with the previous closing price of 51.56 this now indicates there is a potential upside of 34.2%. The 50 day moving average now sits at 51.33 and the 200 day moving average is 47.33. The company has a market cap of $3,466m. Company Website: https://www.callon.com
The potential market cap would be $4,652m 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.
