Callon Petroleum Company found using ticker (CPE) have now 12 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 140 and 56 calculating the mean target price we have 83.38. With the stocks previous close at 54.03 this would imply there is a potential upside of 54.3%. The 50 day moving average now sits at 55.2 and the 200 day MA is 50.91. The company has a market capitalisation of $3,612m. Visit the company website at: https://www.callon.com
The potential market cap would be $5,574m 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.
