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.

CALLON PETROLEUM(CPE) CHART 072420

Target price is 2.68/423.60%. Again?

Forming 3rd upwave.

CALLON CHART 052620

Target price is 2.17. 0.87 is near resistance level.