Stock Trickling Lower For the Week: Callon Petroleum Company (NYSE:CPE)

1832 Asset Mgmt Lp holds 32,500 shares. In looking at volatility levels, the shares saw weekly volatility of 4.19% and 3.73% over the past month.

On Thursday, Shares of Callon Petroleum Company (NYSE:CPE) lost -0.66% to $12.01. Ntv Asset Management Llc, a West Virginia-based fund reported 67,126 shares. Suntrust Banks Inc holds 23,696 shares. The oil and natural gas company reported $0.10 EPS for the quarter, hitting the Zacks' consensus estimate of $0.10. First Personal Fincl Services accumulated 741 shares.

Callon Petroleum Company mean recommendation is 1.80 (1=Buy, 5=sell). Callon Petroleum Company had a positive return on equity of 4.44% and a negative net margin of 122.93%. It is positive, as 22 investors sold CPE shares while 59 reduced holdings. Pacad Ltd invested in 74,948 shares. The legal version of this report can be viewed at https://www.themarketsdaily.com/2017/05/27/callon-petroleum-company-cpe-coverage-initiated-at-barclays-plc-updated-updated-updated.html. 268,989 were reported by Bluecrest Cap Mgmt Ltd.

Since February 14, 2017, it had 0 insider buys, and 1 insider sale for $57,800 activity. $57,800 worth of Callon Petroleum Company (NYSE:CPE) was sold by WEANT JERRY A. We have $13.34 PT which if reached, will make NYSE:CPE worth $125.00M more.

Stock market analysts watching Callon Petroleum Company (NYSE:CPE) have recently changed their ratings on the stock. This has been revealed to clients and investors in an analyst report on Thursday morning. It seems that Callon Petroleum Company (NYSE:CPE) might see muted action given an ABR of 2.5 or Hold rating. They now have a Dollars 21 price target on the stock. Evercore ISI downgraded Callon Petroleum Company from an "outperform" rating to an "in-line" rating and lowered their price target for the company from $17.00 to $16.00 in a research report on Wednesday, April 19th. Sell-side firms, on a consensus basis have a $18.48 price target on the name and a 1.80 recommendation, according to First Call. The stock of Callon Petroleum Company (NYSE:CPE) earned "Buy" rating by Canaccord Genuity on Tuesday, October 20.

Market Capitalization can be thought of as the overall price to buy the company. The firm has "Buy" rating by Benchmark given on Thursday, November 10. The stock has "Sector Perform" rating by RBC Capital Markets on Tuesday, February 2. The stock has "Overweight" rating by KeyBanc Capital Markets on Friday, August 14.

Over the last 5 years, Callon Petroleum Company has averaged a -18.00% YoY EPS growth rate and a 9.50% revenue growth rate. Quantitative Inv Mgmt Ltd Liability Com invested 0.04% in Callon Petroleum Company (NYSE:CPE). One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and twenty have given a buy recommendation to the company. About 4.11M shares traded. FMR LLC boosted its stake in shares of Callon Petroleum Company by 29.1% in the fourth quarter.

Callon Petroleum Company (NYSE:CPE) last announced its earnings results on Tuesday, May 2nd. They expect $0.13 EPS, up 160.00% or $0.08 from last year's $0.05 per share. CPE's profit will be $25.94M for 23.42 P/E if the $0.13 EPS becomes a reality.

Further, the two companies entered into a long-term contract where Alliance Data will become the primary issuer of private-label credit cards and related marketing services for Signet.Alliance Data will also acquire a portion of Signet's existing consumer care operations in OH, including 250 employees, as part of the transaction.Closing of the transaction is expected in the fourth quarter of 2017.Further terms of the contract were not disclosed.

The company has been one of the biggest innovators in "Independent Oil & Gas" employing approximately 121 full time employees. The average analysts gave this company a mean recommendation of 2.30. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas properties. It now has negative earnings. The Company focuses on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin.

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