Callon Petroleum Company with ticker code (CPE) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 144 and 56 calculating the mean target price we have 82.71. With the stocks previous close at 59.93 this would imply there is a potential upside of 38.0%. The 50 day MA is 55.37 and the 200 day moving average is 52.31. The company has a market cap of $3,450m. Find out more information at: https://www.callon.com
The potential market cap would be $4,762m 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.
