5 Stocks with Consistent Growth

4. Callon Petroleum Company (NYSE:CPE)

5-Year Average Sales Growth: 56.88%

Number of Hedge Fund Holders: 19

Houston, Texas-based Callon Petroleum Company (NYSE:CPE) is an independent oil and natural gas company focused on the acquisition, exploration, and development of high-quality assets in the leading oil plays of West and South Texas.

On July 5, Callon Petroleum Company (NYSE:CPE) announced the closing of previously announced acquisition of Delaware Basin assets from Percussion Petroleum Operating II, LLC for a cash consideration of $249 million and 6.3 million shares of the company. It also announced the divestment of its Eagle Ford assets to Ridgemar Energy Operating, LLC and received $551 million in cash at closing. After the closing of the transactions, a $300 million share repurchase program has become effective for the next two years.