Callon Petroleum Company (CPE) Hit 1-Year High on Apr, 16 at $13.40

April 16, 2018 - By Matthew Richard

During Q4 2017 the big money sentiment decreased to 1.41. That’s change of 0.22, from 2017Q3’s 1.63. 28 investors sold all, 75 reduced holdings as Callon Petroleum Company ratio worsened. 108 increased holdings while 37 funds took holdings. Funds hold 258.40 million shares thus 2.97% more from 2017Q3’s 250.94 million shares.
Raymond James & Assoc has 191,791 shs. Walthausen And invested in 0.76% or 659,860 shs. Gabelli Funds Lc owns 284,000 shs for 0.02% of their capital. Usca Ria Ltd invested 0.04% of its capital in Callon Petroleum Company (NYSE:CPE). Assetmark Inc reported 5,631 shs or 0% of all its holdings. Pnc Fincl Group Inc invested in 21,484 shs. Mason Street Advsrs Ltd holds 99,438 shs or 0.03% of its capital. Strs Ohio stated it has 0% of its capital in Callon Petroleum Company (NYSE:CPE). Great West Life Assurance Co Can reported 0% in Callon Petroleum Company (NYSE:CPE). Nokomis Capital Limited Liability Corp holds 2% or 725,838 shs in its capital. Cambrian Cap Ltd Partnership owns 0.74% invested in Callon Petroleum Company (NYSE:CPE) for 50,200 shs. 104,881 are held by Barclays Public Ltd Com. Corecommodity Mngmt Ltd Liability accumulated 76,204 shs or 0.77% of the stock. The Texas-based Avalon Advisors Ltd has invested 0.01% in Callon Petroleum Company (NYSE:CPE). 34,324 were reported by Greenwood Assocs Ltd Liability Company.

The company Callon Petroleum Company (NYSE:CPE) touched yearly high with $14.47 price target or 8.00 % above today’s $13.40 share price. The yearly high was published on Apr, 16 by It has $2.71B market cap. The valuation of NYSE:CPE can change by $216.40M if our $14.47 price target is touched.

The stock increased 2.10% or $0.275 during the last trading session, reaching $13.395.Currently Callon Petroleum Company is uptrending after 0.92% change in last April 16, 2017. CPE has 1.77 million shares volume. CPE underperformed the S&P500 by 10.63%.

Analysts await Callon Petroleum Company (NYSE:CPE) to report earnings on May, 1. They expect $0.18 earnings per share, up 80.00 % or $0.08 from last year’s $0.1 per share. CPE’s profit will be $36.35 million for 18.60 P/E if the $0.18 EPS becomes a reality. After $0.15 actual earnings per share reported by Callon Petroleum Company for the previous quarter, Wall Street now forecasts 20.00 % EPS growth.

Callon Petroleum Company (NYSE:CPE) Ratings Coverage

Total analysts of 15 have positions in Callon Petroleum (NYSE:CPE) as follows: 11 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 73%. Since October 17, 2017 according to StockzIntelligence Inc Callon Petroleum has 21 analyst reports. The company rating was maintained by Mizuho on Tuesday, January 16. On Tuesday, November 21 the rating was upgraded by Mizuho to “Buy”. In Wednesday, January 3 report Citigroup downgraded the stock to “Neutral” rating. On Thursday, January 4 Piper Jaffray initiated Callon Petroleum Company (NYSE:CPE) with “Buy” rating. On Monday, December 11 the stock has “Hold” rating by Credit Suisse. On Monday, December 11 Northland Capital maintained the shares of CPE in report with “Buy” rating. On Friday, March 9 the stock of Callon Petroleum Company (NYSE:CPE) has “Hold” rating given by FBR Capital. On Monday, February 5 the stock of Callon Petroleum Company (NYSE:CPE) earned “Hold” rating by FBR Capital. In Tuesday, November 14 report BMO Capital Markets maintained it with “Buy” rating and $15.0 target. On Monday, April 16 the company was maintained by SunTrust.

Callon Petroleum Company Inc., an independent oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas.The company has $2.71 billion market cap. As of December 31, 2016, its estimated net proved reserves totaled 91.6 million barrel of oil equivalent.The P/E ratio is 23.92.

Callon Petroleum Company (NYSE:CPE) Institutional Investors Chart

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