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Callon Petroleum Co Stock Research

CPE

36.83USD-2.29(-5.85%)Market Closed
Watchlist

Market Summary

USD36.83-2.29
Market Closed
-5.85%

CPE Alerts

CPE Stock Price

CPE RSI Chart

CPE Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

2.44

Price/Sales (Trailing)

0.86

EV/EBITDA

3.31

Price/Free Cashflow

1.58

CPE Price/Sales (Trailing)

CPE Profitability

EBT Margin

44.84%

Return on Equity

38.1%

Return on Assets

20.91%

Free Cashflow Yield

63.4%

CPE Fundamentals

CPE Revenue

Revenue (TTM)

2.7B

Revenue Y/Y

-38.46%

Revenue Q/Q

0.4%

CPE Earnings

Earnings (TTM)

934.8M

Earnings Y/Y

-135.58%

Earnings Q/Q

-148.9%

Price Action

52 Week Range

28.9150.19
(Low)(High)

Last 7 days

-3.4%

Last 30 days

-9.5%

Last 90 days

4.8%

Trailing 12 Months

5.2%

CPE Financial Health

Current Ratio

0.39

Debt/Equity

0.6

Debt/Cashflow

0.68

CPE Investor Care

Shares Dilution (1Y)

0.34%

Diluted EPS (TTM)

15.11

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for CPE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-31
WEBSTER STEVEN A
bought
225,175
30.495
7,384
-
2023-05-12
WEBSTER STEVEN A
bought
302,450
30.245
10,000
-
2023-05-11
WEBSTER STEVEN A
bought
302,400
30.24
10,000
-
2023-05-10
WEBSTER STEVEN A
bought
613,280
30.664
20,000
-
2023-05-09
WEBSTER STEVEN A
bought
632,600
31.63
20,000
-
2023-04-26
FLURY L RICHARD
acquired
-
-
3,055
-
2023-04-26
TRIMBLE JAMES M
acquired
-
-
3,055
-
2023-04-26
Bob Matthew Regis
acquired
-
-
3,055
-
2023-04-26
WEBSTER STEVEN A
acquired
-
-
3,055
-
2023-04-26
Nocchiero Anthony J
acquired
-
-
3,055
-

1–10 of 50

Which funds bought or sold CPE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
added
75.46
2,102,000
4,604,000
-%
2023-08-24
Alberta Investment Management Corp
sold off
-100
-234,548
-
-%
2023-08-23
WOLVERINE TRADING, LLC
reduced
-15.7
-221,100
1,704,900
-%
2023-08-22
US Asset Management LLC
sold off
-100
-89,000
-
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
added
20.5
176,387
845,187
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
12.31
366,432
2,426,700
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
5.72
57,000
583,000
0.01%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-48.36
-114,245
134,828
-%
2023-08-16
Nuveen Asset Management, LLC
reduced
-10.22
-307,293
4,955,710
-%
2023-08-16
GTS SECURITIES LLC
new
-
1,021,240
1,021,240
0.03%

1–10 of 38

Latest Funds Activity

Are funds buying CPE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CPE
No. of Funds

Schedule 13G FIlings of Callon Petroleum

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jul 13, 2023
percussion petroleum management ii, llc
9.2%
6,267,385
SC 13G
Feb 09, 2023
vanguard group inc
10.92%
6,728,744
SC 13G/A
Feb 02, 2023
state street corp
7.32%
4,506,810
SC 13G/A
Jan 26, 2023
blackrock inc.
13.0%
7,998,948
SC 13G/A
Jan 25, 2023
bpp holdco llc
9.5%
5,832,824
SC 13D/A
Jan 20, 2023
blackrock inc.
13.0%
7,998,948
SC 13G/A
Nov 15, 2022
blackstone holdings iii l.p.
0%
0
SC 13D/A
Jun 13, 2022
blackstone holdings iii l.p.
1.6%
991,703
SC 13D/A
Jun 03, 2022
kimmeridge energy management company, llc
8.4%
5,200,780
SC 13G/A
Apr 20, 2022
blackstone holdings iii l.p.
1.6%
991,703
SC 13D/A

Recent SEC filings of Callon Petroleum

View All Filings
Date Filed Form Type Document
Sep 27, 2023
144
Notice of Insider Sale Intent
Sep 26, 2023
144
Notice of Insider Sale Intent
Aug 02, 2023
8-K
Current Report
Aug 02, 2023
8-K
Current Report
Aug 02, 2023
10-Q
Quarterly Report
Jul 13, 2023
SC 13G
Major Ownership Report
Jul 11, 2023
8-K
Current Report
Jul 11, 2023
8-K
Current Report
Jul 07, 2023
S-3ASR
S-3ASR
Jul 07, 2023
8-K
Current Report

Peers (Alternatives to Callon Petroleum)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
-
8.8B
-12.31% 16.31%
-
-
-19.24% -60.57%
71.7B
25.9B
-5.59% 11.33%
8.24
2.77
16.80% 52.54%
60.4B
31.8B
-3.52% 1.89%
4.68
1.64
-6.68% -38.20%
52.5B
20.3B
-7.12% 3.66%
9.07
2.58
-14.26% -6.45%
26.9B
8.3B
-2.88% 26.39%
7.71
3.24
-8.75% -9.74%
-
16.8B
-13.74% -21.03%
-
-
-8.28% -9.23%
MID-CAP
12.5B
13.4B
-5.18% -0.48%
3.75
0.93
15.65% 37.73%
7.3B
4.5B
-8.75% 20.51%
4.28
1.63
15.35% 216.30%
6.8B
2.8B
-12.12% 16.11%
7.23
2.44
1.90% -11.66%
3.5B
1.6B
1.33% 47.78%
16.37
2.15
-20.41% 13.75%
2.9B
2.9B
-16.42% -38.75%
3.06
1.02
9.57% 185.64%
2.3B
2.7B
-9.46% 5.20%
2.44
0.86
12.93% 24.18%
-
4.0B
- -
-
-
72.02% 99.37%
SMALL-CAP
2.2B
7.3B
-0.03% 117.25%
3.47
0.29
21.02% 508.09%
805.4M
1.5B
-8.19% -35.44%
1.28
0.42
-22.98% 63.46%

Callon Petroleum News

SETE News
A History of Outperforming Analyst Forecasts and Beating the Odds ....
SETE News,
18 hours ago
InvestorPlace

Returns for CPE

Cumulative Returns on CPE

-3.8%


10-Year Cumulative Returns

-18.6%


7-Year Cumulative Returns

-22%


5-Year Cumulative Returns

95.0%


3-Year Cumulative Returns

Risks for CPE

What is the probability of a big loss on CPE?

100%


Probability that Callon Petroleum stock will be more than 20% underwater in next one year

100%


Probability that Callon Petroleum stock will be more than 30% underwater in next one year.

90.8%


Probability that Callon Petroleum stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CPE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Callon Petroleum was unfortunately bought at previous high price.

Drawdowns

Financials for Callon Petroleum

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q32019Q22019Q12018Q42018Q32018Q22018Q1
Revenue-11.7%2,6623,0143,2312,6412,3581,8841,4671,6491,3861,1031,033983803816503509479453544467413
Operating Expenses22.1%1,9371,5871,5501,2431,0898867111,4762,1553,4423,4793,5742,485605331317278234289254242
  S&GA Expenses12.4%87.0077.0057.0074.0070.0061.0050.0048.0047.0046.0037.0037.0038.0039.0043.0044.0041.0035.0035.0032.0031.00
EBITDA-100.0%-1,9451,7681,7641,36097582426.00-807-2,255-1,836-1,416-744743-------
EBITDA Margin-100.0%-0.65*0.55*0.67*0.79*0.40*0.40*0.02*-0.58*-2.04*-1.78*-1.52*-0.93*0.92*-------
Interest Expenses0.2%13113180.0013914712510210310098.0094.0069.0045.0023.003.003.003.003.002.002.002.00
Earnings Before Taxes-43.7%7361,3071,2221,136758439365-417-1,272-2,773-2,411-1,930-1,176409283248228308170148130
EBT Margin-100.0%-0.45*0.38*0.47*0.49*0.20*0.18*-0.25*-0.92*-2.51*-2.33*-2.07*-1.47*0.51*-------
Net Income-30.5%9351,3461,2101,130753438365-425-1,277-2,830-2,533-2,052-1,315304248230225300167146129
Net Income Margin-100.0%-0.46*0.37*0.46*0.49*0.20*0.18*-0.26*-0.92*-2.57*-2.45*-2.20*-1.65*0.38*-------
Free Cashflow-100.0%-1,5021,5021,4951,31460846523374.00-59.29-117-142-159-67.34-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-1.3%6,5666,6526,4886,1005,9485,7465,5484,6864,5464,4774,3634,9375,8107,3807,1954,0173,9154,1093,9793,7093,507
  Current Assets201.4%828275298351405385295269244236178160164357269165138171223189640
    Cash Equivalents8.3%4.003.003.004.006.004.0010.004.004.0024.0020.0011.008.0015.0013.0011.0016.0010.0016.0012.00509
Liabilities0.7%3,0233,0023,0633,2913,6893,8313,6823,7533,7893,7093,6523,7333,9293,9373,9721,5481,4321,6801,5341,4201,258
  Current Liabilities-2.4%6816987037941,0421,073872828814672497417478584652301292324315333245
  Long Term Debt2.9%2,2682,2052,2412,3732,5162,6232,6942,8102,8652,9372,9693,1903,3513,2513,186---1,189--
Shareholder's Equity-2.9%3,5433,6503,4262,8092,6982,3981,8669337577687111,2041,8813,4433,2232,4692,4842,4282,4452,2882,250
  Retained Earnings-28.7%-484-376-597-1,209-1,759-2,107-2,147-2,432-2,604-2,592-2,512-2,007-1,32623821.0045.00-2.37-55.73-34.36-188-224
  Additional Paid-In Capital0.0%4,0264,0264,0224,0184,0184,0214,0123,3653,3613,3603,2233,2113,2043,2013,1982,4222,4842,4822,4772,4752,472
Shares Outstanding0.4%62.0062.0062.0062.0062.0061.0061.0046.0046.0043.0040.0040.0040.0040.0040.0023.0023.0023.0023.0023.0021.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-3.8%1,4451,5021,5021,4951,2451,084974742584506560563541593476490493450468396334
  Share Based Compensation425.7%5.00-1.653.002.003.0011.0013.0015.0016.0013.003.003.005.004.0011.0010.0010.0010.006.006.005.00
Cashflow From Investing-15.8%-1,181-1,020-999-1,189-1,025-966-876-535-293-374-529-573-717-435-388-545-1,080-1,381-1,324-1,179-634
Cashflow From Financing44.8%-265-481-508-304-217-138-108-213-293-122-23.0010.00168-153-90.6454.0094.00924844734670

CPE Income Statement

2023-06-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating Revenues:    
Total operating revenues$ 562,283$ 913,620[1]$ 1,122,329$ 1,690,838[1]
Operating Expenses:    
Lease operating76,78872,940[1]151,890140,268[1]
Production and ad valorem taxes24,70644,873[1]57,42782,551[1]
Gathering, transportation and processing27,33823,267[1]53,31544,042[1]
Exploration1,8822,410[1]4,1144,295[1]
Depreciation, depletion and amortization127,348115,956[1]253,313229,599[1]
Impairment of oil and gas properties406,8980406,8980
General and administrative29,76820,175[1]57,56647,232[1]
Merger, integration and transaction1,5430[1]1,543769[1]
Total operating expenses785,039435,018[1]1,160,895815,424[1]
Income (Loss) From Operations(222,756)478,602[1](38,566)875,414[1]
Other (Income) Expenses:    
Interest expense47,23946,995[1]93,54594,091[1]
(Gain) loss on derivative contracts(5,941)81,648[1](31,586)439,948[1]
Loss on extinguishment of debt042,417[1]042,417[1]
Other (income) expense541,051[1](6,360)269[1]
Total other (income) expense41,352172,111[1]55,599576,725[1]
Income (Loss) Before Income Taxes(264,108)306,491[1](94,165)298,689[1]
Income tax benefit (expense)156,212(3,240)[1]206,907(3,153)[1]
Net Income (Loss)$ (107,896)$ 303,251[1]$ 112,742$ 295,536[1],[2]
Net Income (Loss) Per Common Share:    
Basic (in dollars per share)$ (1.74)$ 4.92[1]$ 1.83$ 4.80[1]
Diluted (in dollars per share)$ (1.74)$ 4.90[1]$ 1.82$ 4.77[1]
Weighted Average Common Shares Outstanding:    
Basic (in shares)61,85661,679[1]61,74161,583[1]
Diluted (in shares)61,85661,909[1]61,93961,956[1]
Oil    
Operating Revenues:    
Total operating revenues$ 421,775$ 619,812[1]$ 831,331$ 1,173,061[1]
Natural gas    
Operating Revenues:    
Total operating revenues14,42364,913[1]38,009108,889[1]
Natural gas liquids    
Operating Revenues:    
Total operating revenues40,62975,530[1]83,999143,148[1]
Sales of purchased oil and gas    
Operating Revenues:    
Total operating revenues85,456153,365[1]168,990265,740[1]
Operating Expenses:    
Cost of purchased oil and gas$ 88,768$ 155,397[1]$ 174,829$ 266,668[1]
[1]Financial information for the prior period has been recast to reflect retrospective application of the successful efforts method of accounting. See “Note 2 - Summary of Significant Accounting Policies” for additional information.
[2]Financial information for the prior period has been recast to reflect retrospective application of the successful efforts method of accounting. See “Note 2 - Summary of Significant Accounting Policies” for additional information

CPE Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 3,650$ 3,395[1]
Accounts receivable, net164,708237,128[1]
Fair value of derivatives14,96021,332[1]
Assets held for sale606,6140
Other current assets37,97535,783[1]
Total current assets827,907297,638[1]
Oil and natural gas properties, successful efforts accounting method:  
Proved properties, net4,216,6414,851,529[1]
Unproved properties1,203,1681,225,768[1]
Total oil and natural gas properties, net5,419,8096,077,297[1]
Other property and equipment, net26,59626,152[1]
Deferred income taxes198,5340[1]
Deferred financing costs15,44718,822[1]
Other assets, net77,26568,560[1]
Total assets6,565,5586,488,469[1]
Current liabilities:  
Accounts payable and accrued liabilities507,471536,233[1]
Fair value of derivatives1,50616,197[1]
Liabilities associated with assets held for sale71,1140
Other current liabilities100,701150,384[1]
Total current liabilities680,792702,814[1]
Long-term debt2,268,1162,241,295[1]
Asset retirement obligations36,23553,892[1]
Fair value of derivatives1,94113,415[1]
Other long-term liabilities35,80251,272[1]
Total liabilities3,022,8863,062,688[1]
Commitments and contingencies[1]
Stockholders’ equity:  
Common stock619616[1]
Capital in excess of par value4,026,3404,022,194[1]
Accumulated deficit(484,287)(597,029)[1]
Total stockholders’ equity3,542,6723,425,781[1],[2]
Total liabilities and stockholders’ equity$ 6,565,558$ 6,488,469[1]
[1]Financial information for the prior period has been recast to reflect retrospective application of the successful efforts method of accounting. See “Note 2 - Summary of Significant Accounting Policies” for additional information.
[2]Financial information for prior periods has been recast to reflect retrospective application of the successful efforts method of accounting. See “Note 2 - Summary of Significant Accounting Policies” for additional information.
Joseph C. Gatto
320
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, 2021, its estimated net proved reserves totaled approximately 484.6 million barrel of oil equivalent, including 290.3 MMBbls oil, 577.3 Bcf of natural gas, and 98.1 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.