Callon Petroleum Company found using ticker (CPE) have now 18 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 6 and 0.5 and has a mean target at 1.31. Given that the stocks previous close was at 0.67 this now indicates there is a potential upside of 95.5%. There is a 50 day moving average of 0.67 and the 200 moving average now moves to 2.29. The market cap for the company is $286m. Visit the company website at: http://www.callon.com
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, 2019, its estimated net proved reserves totaled approximately 540 million barrel of oil equivalent, including 346.4 MMBbls oil, 757.1 Bcf of natural gas, and 67.5 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.