Callon Petroleum Company found using ticker (CPE) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 93 and 56 with a mean TP of 68.7. With the stocks previous close at 50.09 this would imply there is a potential upside of 37.2%. The 50 day moving average now sits at 51.25 while the 200 day moving average is 45.86. The market cap for the company is $3,034m. Visit the company website at: https://www.callon.com
The potential market cap would be $4,161m 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.
