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CPE Callon Petroleum PE ratio, current and historical analysis

As of Sep 28, 2023, the Callon Petroleum stock's PE ratio is 2.6. This results from the current EPS of $15.17 and stock price of $39.51. The P/E ratio has increased by 38% from the past four quarters average of 1.9.

CPE PE ratio history

How has CPE's PE ratio performed in the past

The PE ratio of Callon Petroleum has averaged 49.72 over the last ten years. The current PE ratio of 2.6 is 95% below the historical average. Over the past ten years, CPE's PE ratio was at its highest in the Mar 2014 quarter at 837, when the stock price was $83.7 and the EPS was $0.1. The lowest value was in the Mar 2020 quarter, when it reached 0.63 with a price of $5.48 and an EPS of $8.75.

Average
49.72
Median
8.13
Minimum
0.63
Maximum
837

Callon Petroleum PE ratio by year

Maximum annual increase: 320.17% in 2019

Maximum annual decrease: -77.83% in 2018

Year PE ratio Change
2022 1.89 -69.95%
2021 6.29 N/A
2020 N/A N/A
2019 20.21 320.17%
2018 4.81 -77.83%
2017 21.7 N/A
2016 N/A N/A
2015 N/A N/A
2014 8.13 N/A
2013 N/A N/A

CPE average PE ratio chart

What is the average PE ratio of CPE for the past years

Currently, CPE's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
3.3
5-year avg
5.91
10-year avg
49.72
15-year avg
37.49

CPE PE vs peers

What is CPE's PE ratio compared to its peers

CPE's PE ratio is lower than its peer stocks EPD and PAA. Callon Petroleum is presently trading at a lower PE ratio (2.6) than its peer group average of 7.14.

Stock name PE ratio Market cap
CPE Callon Petroleum Co 2.57 $2.66B
SD Sandridge Energy Inc 2.89 $577.77M
WTI W&T Offshore Inc 5.05 $643.05M
MUR Murphy Oil Corp 6.94 $7.1B
PAA Plains All American Pipeline Lp 9.49 $10.73B
EPD Enterprise Products Partners Lp 11.1 $59.56B
OII Oceaneering International Inc 40.58 $2.62B

Frequently asked questions

What is Callon Petroleum's PE ratio?

The price to earnings ratio for CPE stock as of Sep 28, 2023, stands at 2.6.

What is the 3-year average PE ratio for Callon Petroleum (CPE)?

The average PE ratio for CPE stock over the past 3 years is 3.3.

What is the 5-year average PE ratio for Callon Petroleum (CPE)?

The average PE ratio for CPE stock over the past 5 years is 5.91.

What is the highest PE ratio for CPE?

The highest quarterly PE ratio in the last ten years has been 837 and it was in the Mar 2014 quarter.

How does the current PE ratio for CPE compare to its historical average?

CPE's price to earnings ratio is currently 95% below its 10-year historical average.

Why is Callon Petroleum's PE ratio so low?

CPE's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

How is CPE's PE ratio calculated (Callon Petroleum PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Sep 28, 2023), Callon Petroleum's stock price is $39.51. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $15.17. Therefore, Callon Petroleum's P/E ratio for today is 2.6. PE RATIO(2.6) = STOCK PRICE($39.51) / TTM EPS($15.17)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.