Benzinga  Aug 8  Comment 
In a report published Friday, MLV & Co analyst Chad Mabry reiterated a Buy rating and $14.00 price target on Callon Petroleum Company (NYSE: CPE). In the report, MLV & Co noted, “CPE reported Q2'14 adj. EPS of $0.14, coming in below our $0.17...
SeekingAlpha  Aug 7  Comment 
Callon Petroleum (NYSE:CPE) Q2 2014 Earnings Call August 07, 2014 2:00 pm ET Executives Fred L. Callon - Chairman, Chief Executive Officer, President, Chief Executive Officer of Callon Petroleum Operating Company and President of...
SeekingAlpha  Aug 7  Comment 
By Street Smart Investor: Initiation Summary Callon Petroleum (NYSE:CPE), a Permian Basin pure play, has corrected by 22% in the last one month, primarily driven by profit booking. Prior to this correction, the stock had surged by 184% in one...
SeekingAlpha  Jul 1  Comment 
By Bret Jensen: Small and mid-sized exploration and production (E&P) concerns have been some of the best performing equities in my portfolio over the past three years on the back of the continued huge domestic energy boom. I have scored...
Market Intelligence Center  May 22  Comment 
The patented option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center  are highlighting two trades on Callon Petroleum (CPE) today after it closed at $10.36 on Wednesday. For more conservative...
The Economic Times  May 19  Comment 
In addition, the customers can get this service on Airtel dongles, Wi-Fi CPE and 4G compatible handsets including Xolo LT 900 and LG G2.
Cellular News  May 15  Comment 
ZTE remains top in overall broadband CPE market share in 2013, followed by Arris and Huawei in second and third positions respectively. Click here for more.
SeekingAlpha  May 13  Comment 
By Michael Fitzsimmons: Callon Petroleum (CPE) released a bullish Q1 earnings report that advanced the thesis first presented in my February 20 article Callon Petroleum: Permian Basin Pure Play's Stock Is A Bargain. The stock blasted through my...
SeekingAlpha  May 10  Comment 
Start Time: 10:00 End Time: 10:56 Callon Petroleum Co. (CPE) Q1 2014 Earnings Conference Call May 9, 2014 10:00 AM ET Executives Fred L. Callon - Chairman and CEO Gary A. Newberry - SVP, Operations Joseph C. Gatto - SVP, CFO...
Forbes  Apr 10  Comment 
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that...


Callon Petroleum Company (CPE), another of the oil stocks, has been on an uptrend since what appears to be a "hammer" formation on 7/21/03 (as seen on the weekly 5-year chart), but with weakness by waivering above and below the 50-day and 200-day moving averages until September 2007, when it corrected and took off from there.

The stock has been trending up since September '07 in a two-steps-forward, one-step-back fashion, correcting as needed. The institutional investors have also thought this was a good stock, and they have been increasing their holdings (albeit slowly) in the stock. Additionally, the RSI (relative strength index) has been steadily increasing since September, when it crossed into positive territory placing CPE among the healthy stocks in the market (and possibly a future leader), even though the price is only in the mid-20's and not in the hundreds such as other monsters in the group.

Technically, the stock has some work to do before it becomes a sound investment. Currently, the 50-day moving average is at $17.18, which means that the stock would need to at least pull back to that level or base [move sideways] in a tight trading range until the moving average catches up with the stock BEFORE one should even consider investing in this stock.


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