08 July, 2017
Eight analysts have provided estimates for Callon Petroleum Company's earnings, with estimates ranging from $84.00 million to $93.13 million.
Hess Corporation (NYSE:HES), maintained return on investment for the last twelve months at -20.84, higher than what Reuters data shows regarding industry's average. The business is scheduled to issue its next earnings results on Monday, August 14th. Eqis Capital invested 0.01% of its portfolio in Callon Petroleum Company (NYSE:CPE). Finally, Tudor Pickering assumed coverage on Callon Petroleum Company in a research note on Tuesday, June 20th. Last session Callon Petroleum Company RSI was seen at 45.28. The oil and natural gas company reported $0.10 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.10.
Several other analysts also recently issued reports on CPE. Evercore ISI downgraded shares of Callon Petroleum Company from an "outperform" rating to an "in-line" rating and cut their target price for the stock from $17.00 to $16.00 in a research report on Wednesday, April 19th. Roth Capital set a $23.00 price target on shares of Callon Petroleum Company and gave the company a "buy" rating in a research report on Saturday, April 1st. Credit Suisse Ag has invested 0% in Callon Petroleum Company (NYSE:CPE). Echelon Wealth Partners raised shares of Callon Petroleum Company to a "buy" rating and set a $17.00 price target on the stock in a research report on Thursday, April 13th.
According to the latest research reports released, 9 analysts have issued a rating of "buy", 13 analysts "outperform", 3 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". Callon Petroleum Company has an average rating of "Buy" and an average price target of $17.88.
Shares of Callon Petroleum Company (CPE) traded down 0.987% during trading on Thursday, reaching $10.535. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Callon Petroleum Company (NYSE:CPE) has risen 12.29% since July 6, 2016 and is uptrending. The company has a market cap of $2.10B and its 12 month revenue was nearly $251.50M.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Tributary Capital Management LLC now owns 954,504 shares of the oil and natural gas company's stock worth $12,561,000 after buying an additional 404,519 shares in the last quarter. Green Square Capital LLC acquired a new stake in Callon Petroleum Company during the first quarter valued at $132,000. Ladenburg Thalmann Financial Services Inc. now owns 7,362 shares of the oil and natural gas company's stock worth $114,000 after buying an additional 5,506 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Callon Petroleum Company by 86.7% in the first quarter. Strs Ohio now owns 9,800 shares of the oil and natural gas company's stock valued at $128,000 after buying an additional 600 shares during the last quarter. Viking Fund Management LLC increased its stake in Callon Petroleum Company by 29.8% in the first quarter. Hillcrest Asset Management Llc sold 548,750 shares as the company's stock declined 11.69% while stock markets rallied.
Investors and Traders continue to monitor technical levels of shares of New Gold Inc. PA raised its position in Callon Petroleum Company by 20.9% in the fourth quarter. Quotient Investors LLC now owns 13,100 shares of the oil and natural gas company's stock worth $172,000 after buying an additional 700 shares in the last quarter.
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