Callon Petroleum Company (NYSE:CPE)

value stock

ran my monthly screens, then honed down the results to the 8 that looked best. CPE was 4th: almost (but not quite) high enough for real money.

Buy on dip. It's very oversold. OIH surging today.

The stock just doesn't seem like it will grow to much.

I follow your comments on many of my holdings. Although we have shared the same ideas on many stocks I am long, The one purchase I made after your ref was CPE. I guess time will tell how bad I got burned, but looking like years till I see an upside to this one. I should probably Bail on it, but it was spec cash anyhow. I will go long and hope they dont go for a new 52 week low.

Screen

EBIT/ROA/PE screen met.

Has many tangible and inferred assets in an area that is proving to be a boon to holders. Look for a doubling in share price based solely on company assets and potential.

I liked everything that i saw when researching this company and loaded up on real world shares at $5.91. Staying power and diversity were big selling points, with debt being the only drawback. Now Callon announced an issuance of 9 or 10 million new shares, price yet to be determined. The stated purpose being to pay down high cost debt, and acquiring new production. Sixty-one years of experience say alot for CPE, but I can't help but feel a little jumpy.

This will be the stock of the year. With oil prices soaring, and their great business structure, I believe Callon will outperform the S&P three-fold.

High petroleum prices for the near term.

oils good

CPE fits both my three-ten and my eleven twenty-one criterias in a big way.
I have no idea why I waited so long to pick CPE for my CAPS portfolio.
Actually, I think I know. I'm a moron.

I like CPE a lot. Definitely, my long-term holding.

___________________________________________

Callon Petroleum Company (Callon) is engaged in the exploration, development, acquisition and production of oil and gas properties.
In September 2009, the Company acquired a 70% working interest in a 577-acre unit in the heart of the Haynesville Shale play in Bossier Parish, Louisiana.
On October 28, 2009, the Company completed the acquisition of proved oil and gas property interests in Wolfberry play located in Crockett, Ector, Midland and Upton Counties, Texas from Ambrose Energy I, Ltd., a subsidiary of ExL Petroleum, LP.
As of December 31, 2009, the Company’s estimated net proved reserves totaled 58 billion cubic feet of natural gas equivalent (Bcfe) and included 6.5 million barrels of oil (MMBbls) and 19.1 billion cubic feet (Bcf).

New management team, moving into Permian Basin, really good free cash flow.

strong buy this one is top gainer it can hit 100 % in one day

Gaining steam quickly, under a new CEO. I am trying to get in before the hedges move the stock.

cpe,eman

great perform records

Bought yesterday at $7.07. This stock is a tear. Looking at the tape.

A quick inspection of the company's website turned up a promising future with increased production, increasing reserves, and reduced debt. The volume has picked up tremendously as well.