▼ -34.95% Downside Potential
This price target is based on 20 analysts offering 12 month price targets for Callon Petroleum in the last 3 months. The average price target is $6.59, with a high forecast of $18.00 and a low forecast of $0.50. The average price target represents a -34.95% upside from the last price of $10.13.
The current consensus among 20 contributing investment analysts is to hold stock in Callon Petroleum. This Hold consensus rating has held steady for over two years.
Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. As of December 31, 2019, its estimated net proved reserves totaled approximately 540 million barrel of oil equivalent, including 346.4 MMBbls oil, 757.1 Bcf of natural gas, and 67.5 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.