Callon Petroleum Company with ticker code (CPE) have now 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 the average target price sitting at 69.7. Given that the stocks previous close was at 47.23 this would indicate that there is a potential upside of 47.6%. The 50 day MA is 52.47 and the 200 day MA is 45.48. The company has a market capitalisation of $3,028m. Find out more information at: https://www.callon.com
The potential market cap would be $4,469m 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.
