Recent developments with Callon Petroleum Company (CPE) have led to the company’s beta value being reach 2.58 cents.

Callon Petroleum Company (NYSE: CPE) kicked off on June 22, 2022, at the price of $45.00, down -10.88% from the previous trading day. During the day, the shares moved up to $45.83 and dropped to $43.03 before settling in for the closing price of $48.34. Over the past 52 weeks, CPE has traded in a range of $25.32-$66.48.

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Annual sales at Energy sector company grew by 59.10% over the past five years. While this was happening, its average annual earnings per share was recorded 111.40%. With a float of $60.47 million, this company’s outstanding shares have now reached $61.49 million.

Let’s look at the performance matrix of the company that is accounted for 322 employees. In terms of profitability, gross margin is +53.94, operating margin of +51.31, and the pretax margin is +17.86.

Callon Petroleum Company (CPE) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Callon Petroleum Company is 5.10%, while institutional ownership is 83.80%. The most recent insider transaction that took place on Jun 01, was worth 368,225,000. In this transaction 10% Owner of this company sold 6,500,000 shares at a rate of $56.65, taking the stock ownership to the 5,200,780 shares. Before that another transaction happened on Apr 18, when Company’s Former 10% Owner sold 200,000 for $62.00, making the entire transaction worth $12,399,037. This insider now owns 5,935,002 shares in total.

Callon Petroleum Company (CPE) Latest Financial update

In the latest quarterly report, which was put into the public domain on 3/30/2022, the organization reported $3.43 earnings per share (EPS), higher than consensus estimate (set at $3.33) by $0.1. This company achieved a net margin of +17.86 while generating a return on equity of 28.34. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.42 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 111.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.00% during the next five years compared to 23.90% growth over the previous five years of trading.

Callon Petroleum Company (NYSE: CPE) Trading Performance Indicators

Take a look at Callon Petroleum Company’s (CPE) current performance indicators. Last quarter, stock had a quick ratio of 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 6.70.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.43, a number that is poised to hit 3.33 in the next quarter and is forecasted to reach 17.94 in one year’s time.

Technical Analysis of Callon Petroleum Company (CPE)

Callon Petroleum Company (NYSE: CPE) saw its 5-day average volume 2.73 million, a positive change from its year-to-date volume of 2.06 million. As of the previous 9 days, the stock’s Stochastic %D was 6.22%. Additionally, its Average True Range was 4.06.

During the past 100 days, Callon Petroleum Company’s (CPE) raw stochastic average was set at 2.66%, which indicates a significant increase from 0.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.87% in the past 14 days, which was higher than the 70.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $53.95, while its 200-day Moving Average is $52.92. Nevertheless, the first resistance level for the watch stands at $44.93 in the near term. At $46.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $47.73. If the price goes on to break the first support level at $42.13, it is likely to go to the next support level at $41.18. The third support level lies at $39.33 if the price breaches the second support level.

Callon Petroleum Company (NYSE: CPE) Key Stats

The company with the Market Capitalisation of 2.94 billion has total of 61,690K Shares Outstanding. Its annual sales at the moment are 2,045 M in contrast with the sum of 365,150 K annual income. Company’s last quarter sales were recorded 777,220 K and last quarter income was 39,740 K.


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