As of the time of writing, West Texas Intermediate is trading for $86.23 per barrel. Top stakeholders of CPE according to 13F filings - stockzoa Who owns CALLON PETROLEUM CO? With that said though, the presence of the hedges is still beneficial considering that oil prices can go down and up. Im living paycheck to paycheck and I feel drained: My fianc said he would pay half of the mortgage. The definition of company insiders can be subjective and does vary between jurisdictions. 4 min read Every investor in Callon Petroleum Company ( NYSE:CPE) should be aware of the most powerful shareholder groups. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. However, as I have pointed out in various previous articles, pretty much everything in the traditional energy space is incredibly undervalued today. It is, however, unlikely that production will grow sufficiently to satisfy this projected demand growth. Company Information :: Callon Petroleum Company (CPE) Midland. Please. Our size allows us to efficiently pivot our business and capitalize on new opportunities. Intraday data delayed at least 15 minutes or per exchange requirements. I wrote this article myself, and it expresses my own opinions. Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. this free report showing whether analysts are predicting a brighter future, The Dutch king will deliver a speech at an event on the anniversary of slavery's end in its colonies, China's Communist Party appoints Pan Gongsheng as party secretary for the central bank, Snchez visits Kyiv on the day Spain starts EU presidency to underline bloc's support for Ukraine, Russias Rusty Oil Tanker Fleet Sets Sail With Newer Ships, Sri Lanka's parliament to vote on debt restructuring plan amid economic crisis. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. Shares of Callon Petroleum (NYSE:CPE - Free Report) have earned a consensus recommendation of "Hold" from the nine brokerages that are covering the company, MarketBeat.com reports. Houston Office. With that said though, crude oil demand is still expected to increase going forward, just not as much as natural gas. It's largest disclosed sale occurred in 2019, when it sold Callon Petroleum - Non-Core Assets to Sequitur Energy Resources for $320M. Indeed, they own a respectable stake in the company. Callon Petroleum to Acquire Primexx to Build upon Delaware Basin May. Callon Petroleum Operating Company - Job Opportunities - Paylocity You can see below how EPS has changed over time (discover the exact values by clicking on the image). Financial Advisors Public Companies CPE 3.42% What Is The Ownership Structure Like For Callon Petroleum Company (NYSE:CPE)? Callon Petroleum (CPE) at the time of this post is at 0.50. Callon Petroleum - CPE - Stock Price & News | The Motley Fool So they usually pay more attention to companies that are included in major indices. Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. A Callon Petroleum Company (NYSE:CPE) insider increased their holdings Callon Petroleum serves customers in the United States. United Airlines CEO apologizes for private-jet flight amid cancellations, Callon Petroleum started at sector weight at KeyBanc Capital, Callon Petroleum stock price target raised to $100 from $64 at Truist, Callon Petroleum upgraded to buy from hold at Truist, Callon Petroleum downgraded to underweight from neutral at J.P. Morgan, Callon Petroleum stock price target raised to $55 from $37 at Truist, Callon Petroleum stock price target raised to $53.25 from $44.25 at Cowen, Callon Petroleum downgraded to hold from buy at Siebert Williams Shank, Callon Petroleum upgraded to buy from neutral at MKM Partners, Callon Petroleum price target raised to $61 from $43 at Truist Securities, stock rated hold, Callon Petroleum upgraded to buy from hold at Siebert Williams Shank, Chevron Tests the M&A Narrative With a Modest Deal, Callon Petroleum price target raised to $60 from $58 at JPMorgan, Callon Petroleum price target lowered to $54 from $65 at Mizuho Securities, Callon Petroleum started at buy with $49 stock price target at Gerdes Energy Research, Investor demand for energy stocks will soon increase dramatically, analyst says, If Oil Keeps Rising, These 5 Exploration Stocks Could Benefit, Big Lots, SLM Corp., and Others See Action From Activist Investors, 7 Energy Stocks That Shorts Are Betting Against, Short interest in energy stocks increased in the past month. This browser is no longer supported at MarketWatch. For the best MarketWatch.com experience, please update to a modern browser. Check Out These 4 Stocks Insiders Are Buying, Looking Into Callon Petroleum's Return On Capital Employed, Callon (CPE) Q1 Earnings Miss Estimates, Revenues Declines Y/Y, Callon (CPE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates, Callon Petroleum (CPE) Lags Q1 Earnings Estimates, Earnings Preview: Devon Energy (DVN) Q1 Earnings Expected to Decline, Exxon Mobil (XOM) Beats Q1 Earnings Estimates, Earnings Preview: Callon Petroleum (CPE) Q1 Earnings Expected to Decline, Callon (CPE) Gets a Buy from Mizuho Securities, Range Resources (RRC) Q1 Earnings and Revenues Surpass Estimates, The Latest Analyst Ratings for Callon Petroleum. Callon Petroleum has acquired 2 companies, including 1 in the last 5 years. As a company operating the vast majority of our acreage, we have the flexibility to modify development plans to appropriately address continuously-changing industry conditions and commodity price cycles. Warren Buffett Plows $123 Million Into Occidental to Own 25% of the Oil Why Callon Petroleum Stock Rallied 16% at the Open Today This gives the company a net debt-to-equity ratio of 1.11. Sep. 16, 2021 at 6:11 a.m. Callon Petroleum (NYSE:CPE) Stake Raised by Oak Ridge - MarketBeat Power Hedge is an independent stock research and analysis firm with a passion for macro- and microeconomic analysis. Truist Securities Increases Price Target on Callon Petroleum to $71 From $55, Maintains Buy Rating. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. First of all, they are under tremendous pressure from politicians and environmental activists to improve the sustainability of their operations. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Many institutions measure their performance against an index that approximates the local market. You probably do not want to miss this free list of growing companies that insiders are buying. CPE | Callon Petroleum Co. Profile | MarketWatch Reservoir Engineer 05/25/2023 - Asset Development. Here are all the current hedges that the company has: There are both advantages and disadvantages to this. Market Data powered by QuoteMedia. It's good to see that there was some significant insider buying in the last three months. I am not receiving compensation for it (other than from Seeking Alpha). We'd need to see some sustained improvements in the key metrics before we could muster much enthusiasm. Analysts expect adjusted earnings to reach $8.343 per share for the current fiscal year. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. There are plenty of other companies that have insiders buying up shares. However, there are other warning signs too. There are currently no items in this Watchlist. Create a list of the investments you want to track. Callon Petroleum's (NYSE:CPE) three-year earnings growth trails the 44% Powell's mixed signals and Pacwest weigh on US indices. https://www.prnewswire.com/news-releases/callon-petroleum-company-announces-pricing-of-600-million-senior-unsecured-notes-offering-301565396.html. Callon Petroleum Company is an independent energy company. However, this has been changing. It's also up 11% in about a month. One metric that we can use to value an energy company like Callon Petroleum is the forward price-to-earnings ratio. It also tells us how well the company's equity will cover its debt obligations in the event of a bankruptcy or liquidation event, which is arguably more important. By subscribing, you will get access to our best ideas earlier than they are released to the general public (and many of them are not released at all) as well as far more in-depth research than we make available to everybody. To that end, you should learn about the 3 warning signs we've spotted with Callon Petroleum (including 1 which is a bit unpleasant) . Kevin SmithDirector of Investor RelationsCallon Petroleum Companyir@callon.com(281) 589-5200, View original content:https://www.prnewswire.com/news-releases/callon-petroleum-company-announces-pricing-of-600-million-senior-unsecured-notes-offering-301565396.html. ET by Tomi Kilgore. HOUSTON, June 9, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") announced today that it has priced $600 million aggregate principal amount of its 7.500% senior unsecured notes due 2030 (the "notes") in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). Callon Petroleum (CPE) Q2 Earnings Miss Estimates - Yahoo Finance In-depth Research on underfollowed dividend stocks with 7%+ yields. View our latest analysis for Callon Petroleum. Every investor in Callon Petroleum Company (NYSE:CPE) should be aware of the most powerful shareholder groups. Mark BrewerDirector of Investor RelationsCallon Petroleum Company[emailprotected]1-281-589-5200. Callon Petroleum Co (NYSE: CPE) is owned by 83.38% institutional shareholders, 69.94% Callon Petroleum Co insiders, and 0.00% retail investors. This is substantially higher than the 1.0x or lower ratios that many of its peers have and could likewise indicate that Callon Petroleum will struggle more than many other energy companies should some event cause its cash flows to decline. Why Callon Petroleum Stock Is Surging Today | The Motley Fool The oil and natural gas company reported $1.94 earnings per share for the quarter, missing the consensus estimate of $1.96 by $0.02. CALLON PETROLEUM holds a total of fourty-six million two hundred sixty thousand outstanding shares.The majority of CALLON PETROLEUM CO outstanding shares are owned by other corporate entities.These outside corporations are usually referred to as non-private investors looking to acquire positions in CALLON PETROLEUM to benefit from reduced commissions. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Callon Petroleum announced today it intends to offer $650 million of senior unsecured notes due in 2028. Callon Petroleum also expects this to be its average over the course of 2022 as well, which implies that the company will increase its production further in the fourth quarter in order to offset its weaker average in the second quarter. However, it is a very different story in emerging markets. Admittedly, I am not particularly attracted to it because of its focus on crude oil, but the valuation is hard to ignore. This ratio essentially tells an investor how much they are paying today for each dollar of earnings the company can be expected to generate over the next year. The company management answer to the board and the latter should represent the interests of shareholders. Entering text into the input field will update the search result below. They never pay for anything. Fortunately, Callon Petroleum has a way to protect itself against this. These statements are subject to a number of known and unknown risks and uncertainties, which may cause the Company's actual results and performance to be materially different from any future results or performance expressed or implied by the forward-looking statements including risks more fully discussed in our filings with the Securities and Exchange Commission (the "SEC"), including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, available on our website or the SEC's website at www.sec.gov. The disadvantage is that when energy prices increase quickly, as they did over the past year, then the company ends up locking in a price that is much less than the market price. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. In no event shall stockzoa.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content available on stockzoa.com, or relating to the use of, or inability to use, stockzoa.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. Is this happening to you frequently? The stock trades at $120. Concerned about the content? Shares of NYSE:CPE opened at $35.06 on Friday. Get in touch with us directly. The 2024 Notes and the Second Lien Notes will be redeemable on July 9, 2022, which redemptions will settle on Monday, July 11, 2022. Terms of Use. The incredible mineral wealth of this region is reflected in Callon Petroleum's reserves. Callon Petroleum: Let's Discuss Asset Value (NYSE:CPE) this could be a description of pretty much any Permian drilling company.
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who owns callon petroleum