| Can Callon Petroleum (CPE) Run Higher on Strong Earnings Estimate Revisions? | |
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Callon Petroleum Company (CPE)is an oil and gas exploration and production firm that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CPE’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Callon Petroleum could be a solid choice for investors. Current Quarter Estimates for CPE In the past 30 days, 4 estimates have gone higher for Callon Petroleum while just 1 has gone lower in the same time period. The trend has been pretty favorable too, with estimates improving from a loss of 1 cent a share 30 days ago, to earnings of 2 cents today. Current Year Estimates for CPE Meanwhile, Callon Petroleum’s current year figures are also looking quite promising, with 4 estimates moving higher in the past month, compared to just 1 lower. The consensus estimate trend has also seen a boost for this time frame, improving from a loss of 2 cents per share 30 days ago to earnings of 7 cents per share today. Bottom Line The stock has also started to move higher lately, adding 13.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CALLON PETE-DEL (CPE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Callon Petroleum Company
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CODE : CPE |
ISIN : US13123X1028 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Callon Petroleum est une société développant des projet miniers de pétrole basée au Canada. Callon Petroleum est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 7,2 milliards US$ (6,7 milliards €). La valeur de son action a atteint son plus bas niveau récent le 13 mars 2020 à 0,38 US$, et son plus haut niveau récent le 28 mars 2024 à 35,76 US$. Callon Petroleum possède 201 939 430 actions en circulation. |