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NYSE: CPE
CALLON PETROLEUM CO Stock Forecast, Predictions & Price Target

Analyst price target for CPE

Based on 6 analysts offering 12 month price targets for CALLON PETROLEUM CO.
Min Forecast
$54.00-7.77%
Avg Forecast
$73.33+25.25%
Max Forecast
$100.00+70.79%

Should I buy or sell CPE stock?

Based on 6 analysts offering ratings for CALLON PETROLEUM CO.
Hold
Strong Buy
2 analysts 33.33%
Buy
0 analysts 0%
Hold
3 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

CPE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 1%
100
HoldMaintains$79.00+34.93%2022-04-22
Truist Securities
Top 1%
100
Strong BuyUpgrades$100.00+70.79%2022-03-08
JP Morgan
Bottom 24%
24
Strong SellDowngrades$62.00+5.89%2022-01-21
Anonymous
Morgan Stanley
HoldMaintains$77.00+31.51%2021-12-13
Wells Fargo
Top 1%
100
HoldUpgrades$75.00+28.10%2021-11-19
RBC Capital
Top 2%
99
HoldMaintains$70.00+19.56%2021-11-09
MKM Partners
Top 1%
100
Strong BuyUpgrades$54.00-7.77%2021-07-19

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Forecast return on equity

Is CPE forecast to generate an efficient return?
Company
53.55%
Industry
-361.25%
Market
38.7%
CPE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CPE forecast to generate an efficient return on assets?
Company
17.84%
Industry
17.61%
CPE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CPE earnings per share forecast

What is CPE's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$16.03+62.74%
Avg 2 year Forecast
$18.85+91.37%
Avg 3 year Forecast
$16.62+68.73%
CPE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CPE revenue forecast

What is CPE's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.6B+3.81%
Avg 2 year Forecast
$2.7B+7.65%
Avg 3 year Forecast
$2.6B+3.89%
CPE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CPE earnings growth forecast

How is CPE forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
32.51%
Industry
32.41%
Market
16.37%
CPE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CPE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CPE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CPE revenue growth forecast

How is CPE forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
2.55%
Industry
15.33%
Market
8.39%
CPE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CPE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CPE vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
CPE$58.55$73.33+25.25%Hold
BSM$16.05$19.00+18.38%Strong Buy
ERF$14.99$18.00+20.08%Buy
KOS$7.98$7.70-3.51%Strong Buy
VET$21.94N/AN/AHold

CALLON PETROLEUM Stock Forecast FAQ

Is CALLON PETROLEUM Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: CPE) stock is to Hold CPE stock.

Out of 6 analysts, 2 (33.33%) are recommending CPE as a Strong Buy, 0 (0%) are recommending CPE as a Buy, 3 (50%) are recommending CPE as a Hold, 0 (0%) are recommending CPE as a Sell, and 1 (16.67%) are recommending CPE as a Strong Sell.

What is CPE's earnings growth forecast for 2022-2024?

(NYSE: CPE) CALLON PETROLEUM's forecast annual earnings growth rate of 32.51% is forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 32.41%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.37%.

CALLON PETROLEUM's earnings in 2022 is $485,295,000.On average, 6 Wall Street analysts forecast CPE's earnings for 2022 to be $988,886,725, with the lowest CPE earnings forecast at $893,884,506, and the highest CPE earnings forecast at $1,122,136,589. On average, 5 Wall Street analysts forecast CPE's earnings for 2023 to be $1,162,851,825, with the lowest CPE earnings forecast at $1,010,478,138, and the highest CPE earnings forecast at $1,296,718,587.

In 2024, CPE is forecast to generate $1,025,283,678 in earnings, with the lowest earnings forecast at $896,968,994 and the highest earnings forecast at $1,127,071,769.

What is CPE's revenue growth forecast for 2022-2024?

(NYSE: CPE) CALLON PETROLEUM's forecast annual revenue growth rate of 2.55% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 15.33%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.39%.

CALLON PETROLEUM's revenue in 2022 is $2,462,367,000.On average, 5 Wall Street analysts forecast CPE's revenue for 2022 to be $157,684,928,328, with the lowest CPE revenue forecast at $145,613,724,416, and the highest CPE revenue forecast at $193,520,752,024. On average, 4 Wall Street analysts forecast CPE's revenue for 2023 to be $163,522,382,801, with the lowest CPE revenue forecast at $148,435,413,672, and the highest CPE revenue forecast at $186,364,740,792.

In 2024, CPE is forecast to generate $157,818,178,193 in revenue, with the lowest revenue forecast at $143,578,579,497 and the highest revenue forecast at $175,692,413,696.

What is CPE's forecast return on assets (ROA) for 2022-2024?

(NYSE: CPE) forecast ROA is 17.84%, which is higher than the forecast US Oil & Gas E&P industry average of 17.61%.

What is CPE's Price Target?

According to 6 Wall Street analysts that have issued a 1 year CPE price target, the average CPE price target is $73.33, with the highest CPE stock price forecast at $100.00 and the lowest CPE stock price forecast at $54.00.

On average, Wall Street analysts predict that CALLON PETROLEUM's share price could reach $73.33 by Apr 22, 2023. The average CALLON PETROLEUM stock price prediction forecasts a potential upside of 25.25% from the current CPE share price of $58.55.

What is CPE's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CPE) CALLON PETROLEUM's current Earnings Per Share (EPS) is $9.85. On average, analysts forecast that CPE's EPS will be $16.03 for 2022, with the lowest EPS forecast at $14.49, and the highest EPS forecast at $18.19. On average, analysts forecast that CPE's EPS will be $18.85 for 2023, with the lowest EPS forecast at $16.38, and the highest EPS forecast at $21.02. In 2024, CPE's EPS is forecast to hit $16.62 (min: $14.54, max: $18.27).

What is CPE's forecast return on equity (ROE) for 2022-2024?

(NYSE: CPE) forecast ROE is 53.55%, which is considered strong.
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