Callon underperformance
Callon underperformance
Where can I find info on the amount of hedging CPE has currently and going forward? Is there any reason for its significant underperformance over the last 6 months?
Re: Callon underperformance
CPE was the top performing stock in the Sweet 16 in 2021, gaining 259%.
At $55.87 at the time of this post, it is up 18.2% YTD.
Are you sure you are looking at the right company? CPE has been a fantastic stock for us.
At $55.87 at the time of this post, it is up 18.2% YTD.
Are you sure you are looking at the right company? CPE has been a fantastic stock for us.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Callon underperformance
On July 20, 2021, CL was $70.30, today it is $89.49
On July 20, 2021, CPE was $59.32/share, today it is $51.96.
CPE has lost 15% of its value while CL has gone up ~$20.
Are you sure you are looking at the right company?
On July 20, 2021, CPE was $59.32/share, today it is $51.96.
CPE has lost 15% of its value while CL has gone up ~$20.
Are you sure you are looking at the right company?
Re: Callon underperformance
It was 25 in August, up 100 % in 5 months!
They have 65 % of their oil hedged at 51, Why should they be rewarded for 90 oil when they pre-sold
65 % of it at 51?
If you are bullish on oil and NG buy the unhedged ones. More risk but more profits.
CLR has no crude hedges
EQT had to pay 2.0 BILLION for their crap hedges and that name is going nowhere too
They have 65 % of their oil hedged at 51, Why should they be rewarded for 90 oil when they pre-sold
65 % of it at 51?
If you are bullish on oil and NG buy the unhedged ones. More risk but more profits.
CLR has no crude hedges
EQT had to pay 2.0 BILLION for their crap hedges and that name is going nowhere too
Re: Callon underperformance
Fraser921 makes an excellent point. Thank you.