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Callon Petroleum Co Stock Research

CPE

30.56USD+0.34(+1.13%)Delayed

Market Summary

USD30.56+0.34
Delayed
1.13%

CPE Alerts

CPE Stock Price

CPE RSI Chart

CPE Valuation

Market Cap

1.9B

Price/Earnings (Trailing)

1.56

Price/Sales (Trailing)

0.58

EV/EBITDA

2.33

Price/Free Cashflow

1.25

CPE Price/Sales (Trailing)

CPE Profitability

EBT Margin

37.81%

Return on Equity

39.21%

Return on Assets

19.68%

Free Cashflow Yield

79.73%

CPE Fundamentals

CPE Revenue

Revenue (TTM)

3.2B

Revenue Y/Y

516.14%

Revenue Q/Q

-15.75%

CPE Earnings

Earnings (TTM)

1.2B

Earnings Y/Y

-4.52%

Earnings Q/Q

-50.42%

Price Action

52 Week Range

28.9166.48
(Low)(High)

Last 7 days

-22.0%

Last 30 days

-26.8%

Last 90 days

-14.7%

Trailing 12 Months

-44.4%

CPE Financial Health

Current Ratio

0.42

Debt/Equity

0.73

Debt/Cashflow

0.67

CPE Investor Care

Shares Dilution (1Y)

0.41%

Diluted EPS (TTM)

19.54

Peers (Alternatives to Callon Petroleum)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
60.9B
25.7B
-23.86% -6.70%
7.85
2.37
37.87% 66.36%
60.4B
37.1B
-12.29% 4.78%
4.68
1.64
40.97% 472.95%
49.8B
19.8B
-29.01% -13.47%
9.45
2.71
44.20% 113.83%
44.6B
24.4B
-21.77% -18.01%
5.68
1.83
36.45% 270.40%
22.6B
9.6B
-17.20% 4.67%
5.15
2.34
41.87% 101.01%
14.4B
11.9B
-24.61% -11.58%
4.67
1.31
50.58% 232.96%
MID-CAP
8.6B
14.3B
-31.07% -22.32%
2.37
0.6
36.25% 156.85%
6.0B
5.3B
-6.30% -5.53%
5.09
1.13
49.01% 187.38%
5.4B
3.2B
-31.43% -11.75%
4.47
1.7
71.67% 107.57%
4.4B
3.6B
-33.88% 7.97%
4.99
1.94
130.82% 480.77%
3.0B
3.6B
-16.98% 14.70%
2.6
0.82
96.03% 571.98%
2.9B
2.2B
-22.76% 7.07%
12.82
1.29
68.57% 391.06%
1.9B
3.2B
-26.77% -44.44%
1.56
0.58
60.18% 231.32%
SMALL-CAP
1.6B
7.3B
-8.48% 116.33%
4.35
0.22
55.45% 547.97%
805.4M
1.9B
-8.19% -35.44%
1.28
0.42
37.78% 335.50%

Financials for Callon Petroleum

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue22.3%3,2312,6412,3581,8841,467
Operating Expenses29.0%1,5501,2021,048863711
  S&GA Expenses4.0%57.0055.0051.0051.0050.00
EBITDA0.2%1,7681,7641,360975-
EBITDA Margin-18.1%0.55*0.67*0.79*0.40*-
Earnings Before Taxes-0.6%1,2221,229850487365
EBT Margin-18.7%0.38*0.47*0.49*0.20*-
Interest Expenses-8.4%80.0087.0095.0099.00102
Net Income-1.1%1,2101,223845485365
Net Income Margin-19.1%0.37*0.46*0.49*0.20*-
Free Cahsflow0.4%1,5021,4951,314608-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.8%6,1466,1005,9485,7465,548
  Current Assets-15.2%298351405385295
    Cash Equivalents-22.0%3.004.006.004.0010.00
  Net PPE3.3%5,4505,2745,166--
Liabilities-7.0%3,0613,2913,6893,8313,682
  Current Liabilities-11.5%7037941,0421,073872
  Long Term Debt-5.6%2,2412,3732,5162,6232,694
Shareholder's Equity9.8%3,0852,8092,2591,9151,866
  Retained Earnings22.5%-937-1,209-1,759-2,107-2,147
  Additional Paid-In Capital0.1%4,0224,0184,0184,0214,012
Accumulated Depreciation1.4%31.0030.0030.00--
Shares Outstanding0.0%62.0062.0062.0061.0061.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations0.4%1,5021,4951,3141,118974
  Share Based Compensation25.7%3.002.001.009.0013.00
Cashflow From Investing16.0%-999-1,189-1,094-999-876
Cashflow From Financing-67.1%-508-304-217-138-108

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

96.5%


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

86.5%


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

Returns for CPE

Cumulative Returns on CPE

-3.6%


10-Year Cumulative Returns

-13.5%


7-Year Cumulative Returns

-23.8%


5-Year Cumulative Returns

65.8%


3-Year Cumulative Returns

What are the long-term rolling returns for CPE?

FIve years rolling returns for Callon Petroleum.

Annualized Returns

Which funds bought or sold CPE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-36.6
-4,783,800
9,787,200
0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-8.26
-1,000
11,000
-%
2023-03-01
Goehring & Rozencwajg Associates, LLC
new
-
914,331
914,331
0.32%
2023-02-28
Voya Investment Management LLC
unchanged
-
39,071
698,071
-%
2023-02-27
Parallax Volatility Advisers, L.P.
added
8.64
1,539,960
11,748,000
0.02%
2023-02-24
NATIXIS
sold off
-100
-3,262,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
23.49
137,000
583,000
0.01%
2023-02-21
MACQUARIE GROUP LTD
reduced
-26.36
-424,000
1,445,000
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
new
-
97,287
97,287
-%
2023-02-17
TRUIST FINANCIAL CORP
reduced
-7.59
-101,540
4,731,460
0.01%

1–10 of 38

Latest Funds Activity

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

Callon Petroleum News

MarketBeat

Callon Petroleum (NYSE:CPE) Holdings Lowered by Peregrine ....

MarketBeat,
24 hours ago

InvestorsObserver

Investor's Business Daily

Callon Petroleum Company

Schedule 13G FIlings of Callon Petroleum

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Apr 06, 2022
blackstone holdings iii l.p.
1.6%
991,703
SC 13D/A

CPE Fair Value

Callon Petroleum fair value in different scenarios

The table shows the Fair Value estimates for Callon Petroleum for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

195.65

540.22%

249.84

717.54%

518.97

1598.20%

843.82

2661.19%

1401.78

4486.98%
Current Inflation

181.09

492.57%

228.02

646.14%

462.23

1412.53%

740.04

2321.60%

1216.97

3882.23%
Very High Inflation

162.86

432.92%

201.23

558.48%

394.29

1190.22%

617.81

1921.63%

1001.32

3176.57%

Historical Callon Petroleum Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Callon Petroleum

View All Filings
Date Filed Form Type Document
Mar 13, 2023
ARS
ARS
Mar 13, 2023
DEF 14A
DEF 14A
Mar 13, 2023
DEFA14A
DEFA14A
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 23, 2023
10-K
Annual Report

Latest Insider Trading transactions for CPE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-27
Faulkenberry Barbara J
bought
9,794
39.179
250
-
2023-01-01
Conaway Gregory F
acquired
-
-
1,645
vice president & cao
2023-01-01
Conaway Gregory F
sold (taxes)
-18,099
37.09
-488
vice president & cao
2022-12-31
Ecklund Michol L
sold (taxes)
-32,490
37.09
-876
svp,general counsel & corp sec
2022-12-31
Gatto Joseph C. Jr.
back to issuer
-237,629
36.07
-6,588
president and ceo
2022-12-31
Gatto Joseph C. Jr.
sold (taxes)
-67,652
37.09
-1,824
president and ceo
2022-12-31
Balmer Jeffrey S
back to issuer
-112,214
36.07
-3,111
senior vp and coo
2022-12-31
Gatto Joseph C. Jr.
acquired
-
-
6,588
president and ceo
2022-12-31
Conaway Gregory F
acquired
-
-
724
vice president & cao
2022-12-31
Balmer Jeffrey S
sold (taxes)
-51,555
37.09
-1,390
senior vp and coo

1–10 of 50

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.

CPE Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Revenues:   
Total operating revenues$ 3,230,964,000$ 2,045,030,000$ 1,033,147,000
Operating Expenses:   
Lease operating290,486,000203,141,000194,101,000
Production and ad valorem taxes159,920,000100,160,00062,638,000
Gathering, transportation and processing96,902,00080,970,00077,309,000
Depreciation, depletion and amortization466,517,000356,556,000480,631,000
General and administrative57,393,00050,483,00037,187,000
Impairment of evaluated oil and gas properties002,547,241,000
Merger, integration and transaction769,00014,289,00028,482,000
Total operating expenses1,550,432,0001,006,687,0003,479,355,000
Income From Operations1,680,532,0001,038,343,000(2,446,208,000)
Other (Income) Expenses:   
Interest expense, net of capitalized amounts79,667,000102,012,00094,329,000
Loss on derivative contracts330,953,000522,300,00027,773,000
(Gain) loss on extinguishment of debt45,658,00041,040,000(170,370,000)
Other (income) expense2,645,0007,660,00013,627,000
Total other (income) expense458,923,000673,012,000(34,641,000)
Income (loss) before income taxes1,221,609,000365,331,000(2,411,567,000)
Income tax expense(11,793,000)(180,000)(122,054,000)
Net Income (Loss)$ 1,209,816,000$ 365,151,000$ (2,533,621,000)
Net Income (Loss) Per Common Share:   
Basic (in dollars per share)$ 19.63$ 7.51$ (63.79)
Diluted (in dollars per share)$ 19.54$ 7.26$ (63.79)
Weighted Average Common Shares Outstanding:   
Basic (in shares)61,62048,61239,718
Diluted (in shares)61,90450,31139,718
Oil   
Operating Revenues:   
Total operating revenues$ 2,262,647,000$ 1,516,225,000$ 850,667,000
Natural gas   
Operating Revenues:   
Total operating revenues232,681,000141,493,00051,866,000
Natural gas liquids   
Operating Revenues:   
Total operating revenues260,472,000193,861,00081,295,000
Sales of purchased oil and gas   
Operating Revenues:   
Total operating revenues475,164,000193,451,00049,319,000
Operating Expenses:   
Cost of purchased oil and gas$ 478,445,000$ 201,088,000$ 51,766,000

CPE Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 3,395$ 9,882
Accounts receivable, net237,128232,436
Fair value of derivatives21,33222,381
Other current assets35,78330,745
Total current assets297,638295,444
Oil and natural gas properties, full cost accounting method:  
Evaluated properties, net4,023,6033,352,821
Unevaluated properties1,711,3061,812,827
Total oil and natural gas properties, net5,734,9095,165,648
Other property and equipment, net26,15228,128
Deferred financing costs18,82218,125
Other assets, net68,56040,158
Total assets6,146,0815,547,503
Current liabilities:  
Accounts payable and accrued liabilities536,233569,991
Fair value of derivatives16,197185,977
Other current liabilities150,384116,523
Total current liabilities702,814872,491
Long-term debt2,241,2952,694,115
Asset retirement obligations53,89254,458
Fair value of derivatives13,41511,409
Other long-term liabilities49,24349,262
Total liabilities3,060,6593,681,735
Commitments and contingencies
Stockholders’ equity:  
Common stock616614
Capital in excess of par value4,022,1944,012,358
Accumulated deficit(937,388)(2,147,204)
Total stockholders’ equity3,085,4221,865,768
Total liabilities and stockholders’ equity$ 6,146,081$ 5,547,503