Callon Petroleum Company (CPE) – A Trader’s Perspective

Faulkenberry Barbara J, Director, added 625 shares of Callon Petroleum Company (CPE) to its portfolio at the rate of $7.97 per share valuing $4,981 on Dec 11. The insider has now 625 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Callon Petroleum Company (CPE) was $6.53. Currently, the 1st Resistance Point for this stock is $6.74, with a 2nd Resistance Point sitting at $6.94. Meanwhile, this company’s stock has a 1st Support Level at $6.35 and a 2nd Support Level at $6.16. Callon Petroleum Company (CPE) stock has gained $0.29, or 4.65%, in the past five days. In the last full month, these shares have gained $0.20, or 3.16%. In the past three months, this stock’s price has fallen by -$1.07, or -14.08%. This year-to-date, Callon Petroleum Company (CPE) shares have gained $0.04, or 0.62%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Callon Petroleum Company (CPE) stock, 20% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”

With 227,913 K shares outstanding, this company currently has a market capitalization of $1,529,296K. Callon Petroleum Company (CPE) generates $587,620 K in annual sales, amounting to annual net income of $300,360 K. This stock has generated a 1-Year Total Return of -40.47%, a 3-Year Total Return of -44.85%, and a 5-year Total Return of -41.54%. This stock’s 5-Year Dividend Growth is 0.00%.

In the most recently-reported fiscal quarter, which ended in Mar-19, Callon Petroleum Company (CPE) reported earnings of $0.16 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.18 per share, representing a -0.02 difference and 9.76% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.17 represented a -0.03 difference from the consensus estimate calling for $0.20 per share, which was a 13.53% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.20 per share. This estimate came from a total of 13 Wall Street Analysts. Of those market experts, the high estimate was $0.24 and the low estimate was $0.17. In the year-ago quarter, Callon Petroleum Company (CPE) generated per-share earnings of $0.23. If the analysts are correct about the current quarter’s earnings, the growth will be -13.04% .

Turning our focus now to insider trading activity, there have been 25 purchases (254,178 shares in total) and 9 sale (59,347 shares in total) in the last 3 months. In the last 6 months, there have been 31 insider buys amounting to 305,438 shares and 12 insider sales amounting to 73,748 shares. In the past full year, 42 insider purchases were made (involving 584,287 shares) and 23 insider sell-offs equivalent to 250,851 shares.

Moving onto liquidity, Callon Petroleum Company (CPE) has a Current Ratio of 0.71, a Quick Ratio of 0.71 and a Cash Ratio of 0.05. Looking at this company’s capital structure, its Total Debt to Total Equity is 48.65, its Total Debt to Total Capital is 32.73, and its Total Debt to Total Assets is now 29.89. Looking even further ahead into the future, its Long-Term Debt to Equity is 48.65 and its Long-Term Debt to Total Capital is 32.73.