Callon Petroleum Company – Consensus Indicates Potential 61.1% Upside

Broker Ratings
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Callon Petroleum Company found using ticker (CPE) have now 12 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 144 and 56 with a mean TP of 82.04. With the stocks previous close at 50.93 this would indicate that there is a potential upside of 61.1%. The 50 day moving average now sits at 54.57 and the 200 day MA is 52.8. The company has a market cap of $2,840m. Find out more information at: https://www.callon.com

The potential market cap would be $4,574m 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.

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