Callon Petroleum Company found using ticker (CPE) now have 12 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 145 and 40 calculating the mean target price we have 74.58. Given that the stocks previous close was at 46.04 this now indicates there is a potential upside of 62.0%. The day 50 moving average is 47.08 and the 200 day MA is 52.41. The market cap for the company is $2,729m. Visit the company website at: https://www.callon.com
The potential market cap would be $4,421m 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.
