Callon Petroleum Company found using ticker (CPE) now have 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 68 and 43 with the average target price sitting at 55.15. With the stocks previous close at 40.21 this would indicate that there is a potential upside of 37.2%. The 50 day moving average now sits at 38.56 and the 200 day MA is 43.11. The company has a market cap of $2,418m. Find out more information at: https://www.callon.com
The potential market cap would be $3,316m based on the market concensus.
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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.