Callon Petroleum Company with ticker code (CPE) have now 12 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 132 and 45 with the average target price sitting at 71.25. With the stocks previous close at 40.43 this now indicates there is a potential upside of 76.2%. The 50 day moving average now sits at 41.11 and the 200 moving average now moves to 49.92. The market cap for the company is $2,454m. Find out more information at: https://www.callon.com
The potential market cap would be $4,325m 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.
