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CPE

36.59USD-1.19(-3.15%)Market Closed

Callon Petroleum Co

Market Summary

USD36.59-1.19Market Closed
-3.15%

CPE Stock Price

RSI Chart

Valuation

Market Cap

2.7B

Price/Earnings

3.22

Price/Sales

0.93

Price/Cashflow

2.07

MarketCap/EBT

3.2

Price/Sales

Profitability

EBT Margin

28.96%

Return on Equity

37.4%

Return on Assets

14.21%

Fundamentals

Revenue

Revenue (TTM)

2.9B

Earnings

Earnings (TTM)

1.2B

Earnings Y/Y

219.72%

Earnings Q/Q

57.93%

Price Action

52 Week Range

31.2366.48
(Low)(High)

Last 7 days

-8.4%

Last 30 days

-18.4%

Last 90 days

-4.6%

Trailing 12 Months

-23.2%

Financial Health

Current Ratio

0.39

Debt/Equity

1.11

Debt/Cashflow

0.52

Investor Care

Shares Dilution (1Y)

33.31%

Diluted EPS (TTM)

20.19

Peers (Alternatives to Callon Petroleum)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
78.3B
25.0B
-10.15% 58.77%
13.73
3.53
60.81% 147.54%
66.9B
36.8B
-12.46% 116.37%
6.09
1.96
69.86% 4049.24%
61.4B
24.8B
-11.34% 32.03%
8.62
2.47
81.49% 409.80%
49.8B
19.7B
-10.28% 59.46%
9.45
2.71
78.50% 424.48%
26.7B
9.6B
-13.18% 36.24%
6.94
2.93
73.79% 893.42%
14.4B
10.9B
-10.45% 72.49%
4.67
1.31
73.36% 286.92%
12.8B
14.1B
-5.26% 53.86%
5.25
0.97
63.46% 733.33%
MID-CAP
7.8B
3.1B
-15.94% 55.11%
6.63
2.55
105.26% 318.63%
7.1B
5.4B
-8.96% 39.32%
5.66
1.32
97.87% 385.71%
4.4B
2.3B
-33.88% 7.97%
4.99
1.94
101.44% 11.78%
4.2B
2.6B
-19.64% 90.36%
12.34
1.58
131.99% 194.19%
2.8B
2.3B
-14.37% 52.48%
15
1.38
105.29% 360.71%
2.7B
2.9B
-18.45% -23.15%
3.22
0.93
111.76% 387.51%
SMALL-CAP
1.4B
6.1B
-9.82% 47.15%
13.64
0.23
72.58% 132.13%
1.1B
1.9B
-17.60% -10.00%
2.05
0.56
114.30% 186.49%

Financials for Callon Petroleum

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2021Q42020Q42020Q32020Q22020Q1
Revenue97.9%2,0451,033933799808
Operating Expenses-1,010
  S&GA Expenses-50
Earnings Before Taxes-365
Net Income-365
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.5%6,1005,9485,7465,5484,686
  Current Assets-13.4%351405385295269
    Cash Equivalents-28.7%464104
  Net PPE3.3%5,4505,2745,1664,278-
Liabilities-10.8%3,2913,6893,8313,6823,753
  Current Liabilities-23.8%7941,0421,073872828
  Long Term Debt-5.7%2,3732,5162,6232,6942,810
Shareholder's Equity24.3%2,8092,2591,9151,866933
  Retained Earnings16.5%-1,759.46-2,107.47-2,147.20-2,432.55-
  Additional Paid-In Capital-0.1%4,0184,0214,0123,365-
Accumulated Depreciation1.4%31303030-
Shares Outstanding0.4%62616146-
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations13.7%1,4951,3141,118974742
  Share Based Compensation-13
Cashflow From Investing-8.7%-1,189.93-1,094.77-999.82-876.40-535.38
Cashflow From Financing-40.1%-304.60-217.40-138.12-108.10-213.83

Risks

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

93.5%


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

81.2%


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.

Returns

Cumulative Returns on CPE

-1.8%


10-Year Cumulative Returns

-11.1%


7-Year Cumulative Returns

-18.8%


5-Year Cumulative Returns

-2.8%


3-Year Cumulative Returns

What are the long-term rolling returns for CPE?

FIve years rolling returns for Callon Petroleum.

Which funds bought or sold CPE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
446,000
446,000
-%
2022-11-21
FourThought Financial, LLC
REDUCED
-11.1
-20,000
76,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.74
-303,000
2,167,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
20.51
724,000
10,208,000
0.02%
2022-11-21
Condire Management, LP
NEW
-
19,492,000
19,492,000
3.54%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-129,000
-
-%
2022-11-15
Alpha DNA Investment Management LLC
SOLD OFF
-100
-874,000
-
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
ADDED
0.89
-264,000
2,400,000
-%
2022-11-15
Balyasny Asset Management LLC
REDUCED
-12.85
-64,000
224,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%

1–10 of 42

Latest Funds Activity

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

Callon Petroleum News

24/7 Wall St.

Tuesday’s Top Analyst Upgrades and Downgrades: CrowdStrike, DoorDash, Etsy, JetBlue, Marriott, Silvergate Capital and More.33 hours ago

CPE Fair Value

Recent SEC filings of Callon Petroleum

View All Filings
Date Filed Form Type Document
Nov 15, 2022
SC 13D/A
13D - Major Acquisition
Nov 07, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report
Nov 02, 2022
8-K
Current Report
Oct 24, 2022
8-K
Current Report
Oct 11, 2022
SC 13G/A
Major Ownership Report
Sep 23, 2022
8-K
Current Report

Latest Insider Trading transactions for CPE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-06-01
Kimmeridge Energy Management Company, LLC
SOLD
-368,225,000
56.65
-6,500,000
-
2022-05-14
FLURY L RICHARD
ACQUIRED
-
-
3,240
-
2022-05-14
Nocchiero Anthony J
ACQUIRED
-
-
3,240
-
2022-05-14
WEBSTER STEVEN A
ACQUIRED
-
-
3,240
-
2022-05-14
Bob Matthew Regis
ACQUIRED
-
-
3,240
-
2022-05-14
TRIMBLE JAMES M
ACQUIRED
-
-
3,240
-
2022-05-14
McVay Larry D
ACQUIRED
-
-
3,240
-
2022-05-14
Faulkenberry Barbara J
ACQUIRED
-
-
3,240
-
2022-05-14
FINCH MICHAEL L
ACQUIRED
-
-
3,240
-
2022-04-18
BPP HoldCo LLC
SOLD
-12,399,000
61.9952
-200,000
-

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

2022-09-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenues:    
Total operating revenues$ 835,877$ 552,562$ 2,526,715$ 1,352,842
Operating Expenses:    
Lease operating76,12142,706216,389129,619
Production and ad valorem taxes43,29026,070125,84166,467
Gathering, transportation and processing27,57520,87571,61758,887
Depreciation, depletion and amortization122,83389,890335,221244,005
General and administrative14,0229,50342,05237,367
Merger, integration and transaction03,0187693,018
Total operating expenses395,280241,4541,169,996678,921
Income From Operations440,597311,1081,356,719673,921
Other (Income) Expenses:    
Interest expense, net of capitalized amounts19,46827,73661,71776,786
(Gain) loss on derivative contracts(134,850)107,169305,098512,155
(Gain) loss on extinguishment of debt0(2,420)42,417(2,420)
Other (income) expense2,8614,3053,1306,583
Total other (income) expense(112,521)136,790412,362593,104
Income Before Income Taxes553,118174,318944,35780,817
Income tax expense(3,515)(2,416)(7,008)(1,017)
Net Income$ 549,603$ 171,902$ 937,349$ 79,800
Net Income Per Common Share:    
Basic (in dollars per share)$ 8.91$ 3.71$ 15.21$ 1.77
Diluted (in dollars per share)$ 8.88$ 3.65$ 15.14$ 1.69
Weighted Average Common Shares Outstanding:    
Basic (in shares)61,70346,29061,62445,063
Diluted (in shares)61,87047,09661,92747,119
Oil    
Operating Revenues:    
Total operating revenues$ 575,852$ 409,293$ 1,748,913$ 1,009,780
Natural gas    
Operating Revenues:    
Total operating revenues81,01836,519189,90784,819
Natural gas liquids    
Operating Revenues:    
Total operating revenues67,54858,097210,696124,079
Sales of purchased oil and gas    
Operating Revenues:    
Total operating revenues111,45948,653377,199134,164
Operating Expenses:    
Cost of purchased oil and gas$ 111,439$ 49,392$ 378,107$ 139,558

CPE Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 4,350$ 9,882
Accounts receivable, net285,591232,436
Fair value of derivatives14,74422,381
Other current assets46,24330,745
Total current assets350,928295,444
Oil and natural gas properties, full cost accounting method:  
Evaluated properties, net3,789,5303,352,821
Unevaluated properties1,847,9121,812,827
Total oil and natural gas properties, net5,637,4425,165,648
Other property and equipment, net26,07128,128
Deferred financing costs13,50418,125
Other assets, net71,99440,158
Total assets6,099,9395,547,503
Current liabilities:  
Accounts payable and accrued liabilities594,279569,991
Fair value of derivatives48,697185,977
Other current liabilities151,021116,523
Total current liabilities793,997872,491
Long-term debt2,373,3582,694,115
Asset retirement obligations59,58354,458
Fair value of derivatives9,60411,409
Other long-term liabilities54,39549,262
Total liabilities3,290,9373,681,735
Commitments and contingencies
Stockholders’ equity:  
Common stock616614
Capital in excess of par value4,018,2414,012,358
Accumulated deficit(1,209,855)(2,147,204)
Total stockholders’ equity2,809,0021,865,768
Total liabilities and stockholders’ equity$ 6,099,939$ 5,547,503