Callon Petroleum Company with ticker code (CPE) have now 11 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 124 and 45 calculating the mean target price we have 71.64. Given that the stocks previous close was at 42.26 this indicates there is a potential upside of 69.5%. The 50 day MA is 40.63 while the 200 day moving average is 50.27. The market cap for the company is $2,691m. Find out more information at: https://www.callon.com
The potential market cap would be $4,561m 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.
