Callon Petroleum Future Growth

Future criteria checks 1/6

Callon Petroleum is forecast to grow earnings and revenue by 3.2% and 4.8% per annum respectively. EPS is expected to decline by 0.6% per annum. Return on equity is forecast to be 9.5% in 3 years.

Key information

3.2%

Earnings growth rate

-0.6%

EPS growth rate

Oil and Gas earnings growth	7.5%
Revenue growth rate	4.8%
Future return on equity	9.5%
Analyst coverage	Low
Last updated	01 Apr 2024

Recent future growth updates

Recent updates

If EPS Growth Is Important To You, Callon Petroleum (NYSE:CPE) Presents An Opportunity

Oct 27

Callon Petroleum: Acquiring Its Way Into Mediocrity

Sep 10

Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet

Sep 05

Callon Petroleum: An Undervalued E&P About To Begin Rewarding Shareholders

Jul 17

Do Callon Petroleum's (NYSE:CPE) Earnings Warrant Your Attention?

Jun 08

Is Callon Petroleum (NYSE:CPE) Using Too Much Debt?

Mar 28

Should You Be Adding Callon Petroleum (NYSE:CPE) To Your Watchlist Today?

Feb 28

A Look At The Intrinsic Value Of Callon Petroleum Company (NYSE:CPE)

Dec 26

Callon Petroleum (NYSE:CPE) Takes On Some Risk With Its Use Of Debt

Nov 30

Callon Petroleum: Debt Maturities Look Quite Manageable

Oct 26

Callon Petroleum: Some Risks But Incredible Valuation

Sep 09

A Look At The Fair Value Of Callon Petroleum Company (NYSE:CPE)

Sep 05

Callon Petroleum: Large Amount Of Debt Reduction Still Expected Despite Lower Strip Prices

Aug 14

Here's Why Callon Petroleum (NYSE:CPE) Has A Meaningful Debt Burden

Jul 23

Callon Petroleum May Be Able To Generate $2 Billion In Positive Cash Flow By The End Of 2023

Jun 14

Callon Petroleum: May Be Able To Reduce Its Net Debt By 60% Over Next 2 Years

May 03

Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet

Apr 07

Callon Petroleum: Net Debt May Be Reduced To Under $2 Billion By End Of 2022

Mar 01

Earnings and Revenue Growth Forecasts

NYSE:CPE - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	2,583	462	296	1,153	3
12/31/2024	2,425	371	198	954	4
12/31/2023	2,343	401	-164	1,093	N/A
9/30/2023	2,446	644	-111	1,274	N/A
6/30/2023	2,662	1,027	235	1,445	N/A
3/31/2023	3,014	1,438	447	1,502	N/A
12/31/2022	3,231	1,019	480	1,356	N/A
9/30/2022	3,219	1,083	145	1,388	N/A
6/30/2022	2,936	753	66	1,245	N/A
3/31/2022	2,462	438	-63	1,084	N/A
12/31/2021	2,045	134	-98	850	N/A
9/30/2021	1,648	-425	138	742	N/A
6/30/2021	1,385	-1,278	84	584	N/A
3/31/2021	1,103	-2,831	-49	506	N/A
12/31/2020	1,033	-2,534	-117	560	N/A
9/30/2020	934	-2,052	-142	563	N/A
6/30/2020	800	-1,325	-171	541	N/A
3/31/2020	808	294	-78	593	N/A
12/31/2019	672	56	-206	476	N/A
9/30/2019	628	234	-169	490	N/A
6/30/2019	623	222	-180	493	N/A
3/31/2019	586	218	-243	450	N/A
12/31/2018	588	293	-144	468	N/A
9/30/2018	518	160	-212	396	N/A
6/30/2018	451	139	-238	334	N/A
3/31/2018	410	122	-196	269	N/A
12/31/2017	344	113	-190	230	N/A
9/30/2017	317	89	N/A	186	N/A
6/30/2017	289	93	N/A	177	N/A
3/31/2017	246	-11	N/A	157	N/A
12/31/2016	201	-99	N/A	121	N/A
9/30/2016	165	-211	N/A	116	N/A
6/30/2016	144	-344	N/A	96	N/A
3/31/2016	138	-279	N/A	97	N/A
12/31/2015	138	-248	N/A	89	N/A
9/30/2015	142	-116	N/A	92	N/A
6/30/2015	148	8	N/A	89	N/A
3/31/2015	149	18	N/A	81	N/A
12/31/2014	152	30	N/A	94	N/A
9/30/2014	136	14	N/A	77	N/A
6/30/2014	127	3	N/A	70	N/A
3/31/2014	109	0	N/A	62	N/A
12/31/2013	103	0	N/A	54	N/A
9/30/2013	103	-2	N/A	45	N/A
6/30/2013	99	-2	N/A	44	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CPE's forecast earnings growth (3.2% per year) is above the savings rate (2.3%).

Earnings vs Market: CPE's earnings (3.2% per year) are forecast to grow slower than the US market (13.4% per year).

High Growth Earnings: CPE's earnings are forecast to grow, but not significantly.

Revenue vs Market: CPE's revenue (4.8% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: CPE's revenue (4.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CPE's Return on Equity is forecast to be low in 3 years time (9.5%).

Callon Petroleum Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 17%

Callon Petroleum Company Provides Production Guidance for the Fourth Quarter and Full Year 2023

Consensus EPS estimates fall by 41%

Price target decreased by 7.2% to US$49.64

Consensus EPS estimates increase by 13%

Consensus EPS estimates fall by 19%

Recent updates

APA Corporation (NasdaqGS:APA) completed the acquisition of Callon Petroleum Company (NYSE:CPE).

Now 23% undervalued

Consensus EPS estimates fall by 17%

Full year 2023 earnings: EPS exceeds analyst expectations

Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet

New major risk - Revenue and earnings growth

APA Corporation (NasdaqGS:APA) entered into a definitive agreement to acquire Callon Petroleum Company (NYSE:CPE) for $2.6 billion.

APA Corporation (NasdaqGS:APA) entered into a definitive agreement to acquire Callon Petroleum Company (NYSE:CPE) for $2.6 billion.

Investor sentiment improves as stock rises 16%

Callon Petroleum Reportedly Mulls Options Amid Buyer Interest

Callon Petroleum Company's (NYSE:CPE) Price Is Right But Growth Is Lacking

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Investor sentiment deteriorates as stock falls 15%

Callon Petroleum: Strong Q3 Earnings In The Permian

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Callon Petroleum Company Provides Production Guidance for the Fourth Quarter and Full Year 2023

If EPS Growth Is Important To You, Callon Petroleum (NYSE:CPE) Presents An Opportunity

Callon Petroleum Company to Report Q3, 2023 Results on Nov 01, 2023

Now 22% undervalued

Investor sentiment deteriorates as stock falls 15%

Callon Petroleum: Acquiring Its Way Into Mediocrity

Callon Petroleum (NYSE:CPE) Has A Somewhat Strained Balance Sheet

Consensus EPS estimates fall by 41%

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Callon Petroleum Company to Report Q2, 2023 Results on Aug 02, 2023

Callon Petroleum: An Undervalued E&P About To Begin Rewarding Shareholders

Callon Petroleum Company Appoints Russell E. Parker, as the New Senior Vice President and Chief Operating Officer

New minor risk - Shareholder dilution

Do Callon Petroleum's (NYSE:CPE) Earnings Warrant Your Attention?

Independent Director recently bought US$225k worth of stock

Price target decreased by 7.2% to US$49.64

Callon Petroleum Company Announces Executive Changes

Independent Director recently bought US$1.5m worth of stock

Callon Petroleum Company (NYSE:CPE) entered into a membership interest purchase agreement to acquire Percussion Petroleum Operating II, LLC for approximately $530 million.

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Callon Petroleum Company (NYSE:CPE) announces an Equity Buyback for $300 million worth of its shares.

President exercised options and sold US$431k worth of stock

Is Callon Petroleum (NYSE:CPE) Using Too Much Debt?

Consensus EPS estimates increase by 13%

Consensus EPS estimates fall by 19%

Should You Be Adding Callon Petroleum (NYSE:CPE) To Your Watchlist Today?

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Callon Petroleum Company Announces Board Retirements

Callon Petroleum Company to Report Q4, 2022 Results on Feb 22, 2023

President exercised options and sold US$238k worth of stock

Insufficient new directors

A Look At The Intrinsic Value Of Callon Petroleum Company (NYSE:CPE)

Callon Petroleum Company Appoints Angie Day as Chief Information Officer

Callon Petroleum (NYSE:CPE) Takes On Some Risk With Its Use Of Debt

Consensus forecasts updated

Michael L. Finch Steps Down as Director of Callon Petroleum Company

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Callon Petroleum Company Provides Production Guidance for the Fourth Quarter of 2022

Callon Petroleum: Debt Maturities Look Quite Manageable

Price target decreased to US$60.77

Callon Petroleum Company to Report Q3, 2022 Results on Nov 02, 2022

Investor sentiment improved over the past week

Now 24% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Callon Petroleum: Some Risks But Incredible Valuation

A Look At The Fair Value Of Callon Petroleum Company (NYSE:CPE)

Callon Petroleum: Large Amount Of Debt Reduction Still Expected Despite Lower Strip Prices

Consensus forecasts updated

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Callon Petroleum Company Provides Production Guidance for the Third Quarter 2022 and Full Year 2022

Here's Why Callon Petroleum (NYSE:CPE) Has A Meaningful Debt Burden

Callon Petroleum Company to Report Q2, 2022 Results on Aug 03, 2022