Callon Petroleum Company
Find Ratings ReportsCALLON PETROLEUM CO/DE's gross profit margin for the fourth quarter of its fiscal year 2023 has decreased when compared to the same period a year ago. Sales and net income have dropped, although the growth in net income underperformed the average competitor within the subsector, the revenue growth did not. CALLON PETROLEUM CO/DE has very weak liquidity. Currently, the Quick Ratio is 0.32 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity decreased from the same period a year ago, despite already having very weak liquidity to begin with. This would indicate deteriorating cash flow.
At the same time, stockholders' equity ("net worth") has greatly increased by 29.36% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 601.36 | 704.25 |
EBITDA ($mil) | 327.09 | 441.47 |
EBIT ($mil) | 183.34 | 304.54 |
Net Income ($mil) | 168.98 | 221.87 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 3.33 | 3.4 |
Total Assets ($mil) | 6711.48 | 6146.08 |
Total Debt ($mil) | 1993.45 | 2303.99 |
Equity ($mil) | 3991.36 | 3085.42 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 59.36 | 66.8 |
EBITDA Margin | 54.39 | 62.68 |
Operating Margin | 30.49 | 43.24 |
Sales Turnover | 0.35 | 0.53 |
Return on Assets | 5.97 | 16.58 |
Return on Equity | 10.05 | 33.04 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.39 | 0.42 |
Debt/Capital | 0.33 | 0.43 |
Interest Expense | 42.61 | 46.77 |
Interest Coverage | 4.3 | 6.51 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 66.48 | 61.62 |
Div / share | 0.0 | 0.0 |
EPS | 2.51 | 3.59 |
Book value / share | 60.04 | 50.07 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1817130.0 | 1792480.0 |
HOLD. This stock's P/E ratio indicates a discount compared to an average of 13.78 for the Oil and Gas Extraction subsector and a significant discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 0.56 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 2.46. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, CALLON PETROLEUM CO/DE proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPE 5.56 | Peers 13.78 | CPE 2.06 | Peers 5.77 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. CPE is trading at a significant discount to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. CPE is trading at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
CPE 4.85 | Peers 11.29 | CPE NM | Peers 8.64 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. CPE is trading at a significant discount to its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. CPE's negative PEG ratio makes this valuation measure meaningless. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
CPE 0.56 | Peers 2.46 | CPE -63.03 | Peers 5.25 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. CPE is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, CPE is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
CPE 0.96 | Peers 2.48 | CPE -27.49 | Peers -8.61 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. CPE is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. CPE significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||