Callon Petroleum Company (CPE)
$13.35 0.22 (1.62%)
19:26 EST CPE Stock Quote Delayed 30 Minutes
Previous Close -
Market Cap 2.70B
PE Ratio 22.25
Volume (Avg. Vol.) 3.01M
Day's Range 12.96 - 13.56
52-Week Range 0.38 - 16.99
Dividend & Yield N/A (N/A)
CPE Stock Predictions, Articles, and Callon Petroleum Company News
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CPE stock is an interesting, high-risk penny stock that offers investors a highly levered play on the oil market.
Many oil and gas stocks trading for a dollar are heading for imminent bankruptcy. Callon, by contrast, appears to have a fighting chance at survival.
Investors seem to love the action they're getting from oil stocks, like CPE stock, that are flirting with bankruptcy. But it's time to walk away.
The valuation metrics might look pretty good when it comes to CPE stock, but a looming threat makes investing an unfavorable proposition.
Not all oil and gas investments are wildly speculative affairs, as CPE stock demonstrates. Unfortunately, the broader narrative is just ugly for all players within this industry.
No matter what, investors are always after returns. These six cheap stocks can make those returns a reality in 2020.
Low P/E stocks often are cheap stocks for a reason. But these 10 stocks to buy have not just reasonable valuations, but strong bull cases.
The acquisition announcement of Carrizo Oil & Gas has not changed my bearish long-term view on the stock. However, I do believe that there can be a possible trading bounceback in the near-term. Permian infrastructure and steep well production rate decline is a concern for Callon Petroleum in addition to high leverage.
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