Callon Petroleum Company

Company Profile

Callon Petroleum Company had its IPO on 1988-12-19 under the ticker symbol CPE.

The company operates in the Energy sector and Oil & Gas E&P industry. Callon Petroleum Company has a staff strength of 354 employees.

Stock update

Shares of Callon Petroleum Company opened at $38.9 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $38.87 - $40.18, and closed at $40.11.

This is a +4.56% increase from the previous day's closing price.

A total volume of 1,895,756 shares were traded at the close of the day’s session.

In the last one week, shares of Callon Petroleum Company have slipped by -1.4%.

Callon Petroleum Company's Key Ratios

Callon Petroleum Company has a market cap of $1.99 billion, indicating a price to book ratio of 0.7841 and a price to sales ratio of 0.6779.

In the last 12-months Callon Petroleum Company’s revenue was $3.01 billion with a gross profit of $2.21 billion and an EBITDA of $2.00 billion. The EBITDA ratio measures Callon Petroleum Company's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Callon Petroleum Company’s operating margin was 50.47% while its return on assets stood at 15.34% with a return of equity of 51.69%.

In Q1, Callon Petroleum Company’s quarterly earnings growth was a negative -8% while revenue growth was a negative 27.9%.

Callon Petroleum Company’s PE and PEG Ratio

Forward PE

2.2671

Trailing PE

1.3091

PEG

0.1334

Its diluted EPS in the last 12-months stands at $24.62 per share while it has a forward price to earnings multiple of 2.2671 and a PEG multiple of 0.1334. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Callon Petroleum Company’s profitability.

Callon Petroleum Company stock is trading at a EV to sales ratio of 1.4202 and a EV to EBITDA ratio of 2.6123. Its price to sales ratio in the trailing 12-months stood at 0.6779.

Callon Petroleum Company stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$6.65 billion

Total Liabilities

$697.69 million

Operating Cash Flow

$-209909000.00

Capital Expenditure

$210.89 million

Dividend Payout Ratio

0%

Callon Petroleum Company ended 2024 with $6.65 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.65 billion while shareholder equity stood at $3.65 billion.

Callon Petroleum Company ended 2024 with $0 in deferred long-term liabilities, $697.69 million in other current liabilities, 616000.00 in common stock, $-376391000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $3.37 million and cash and short-term investments were $3.37 million. The company’s total short-term debt was $2,211,678,000 while long-term debt stood at $2.20 billion.

Callon Petroleum Company’s total current assets stands at $274.64 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $210.11 million compared to accounts payable of $550.92 million and inventory worth $0.

In 2024, Callon Petroleum Company's operating cash flow was $-209909000.00 while its capital expenditure stood at $210.89 million.

Comparatively, Callon Petroleum Company paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$40.11

52-Week High

$64.0787

52-Week Low

$28.91

Analyst Target Price

$51.06

Callon Petroleum Company stock is currently trading at $40.11 per share. It touched a 52-week high of $64.0787 and a 52-week low of $64.0787. Analysts tracking the stock have a 12-month average target price of $51.06.

Its 50-day moving average was $36.52 and 200-day moving average was $36.04 The short ratio stood at 6.38 indicating a short percent outstanding of 0%.

Around 184.3% of the company’s stock are held by insiders while 8876% are held by institutions.