Stock Worth Watching: Clayton Williams Energy, Inc.’s Trend Up, Especially After Today’s Strong Session

Stock Worth Watching: Clayton Williams Energy, Inc.'s Trend Up, Especially After Today's Strong Session

The stock of Clayton Williams Energy, Inc. (NYSE:CWEI) is a huge mover today! About 214,326 shares traded hands. Clayton Williams Energy, Inc. (NYSE:CWEI) has risen 484.01% since February 29, 2016 and is uptrending. It has outperformed by 471.79% the S&P500.
The move comes after 6 months positive chart setup for the $1.08 billion company. It was reported on Oct, 3 by Barchart.com. We have $128.78 PT which if reached, will make NYSE:CWEI worth $475.20M more.

Analysts await Clayton Williams Energy, Inc. (NYSE:CWEI) to report earnings on November, 2. They expect $-2.20 EPS, down 101.83% or $1.11 from last year’s $-1.09 per share. After $-2.82 actual EPS reported by Clayton Williams Energy, Inc. for the previous quarter, Wall Street now forecasts -21.99% EPS growth.

Clayton Williams Energy, Inc. (NYSE:CWEI) Ratings Coverage

Out of 6 analysts covering Clayton Williams (NYSE:CWEI), 1 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 17% are positive. Clayton Williams has been the topic of 17 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Market Perform” rating given by Northland Capital on Thursday, August 6. Raymond James upgraded the shares of CWEI in a report on Wednesday, July 27 to “Market Perform” rating. The stock of Clayton Williams Energy, Inc. (NYSE:CWEI) earned “Sell” rating by Wunderlich on Thursday, March 10. Wunderlich upgraded the shares of CWEI in a report on Thursday, August 4 to “Hold” rating. The stock has “Underperform” rating given by Cowen & Co on Friday, March 11. Roth Capital maintained the stock with “Sell” rating in Tuesday, August 2 report. As per Monday, November 9, the company rating was maintained by Northland Capital. The stock of Clayton Williams Energy, Inc. (NYSE:CWEI) earned “Market Perform” rating by Northland Capital on Monday, March 14. The stock has “Hold” rating given by Wunderlich on Monday, September 19. The stock has “Outperform” rating given by Northland Capital on Thursday, August 4.

According to Zacks Investment Research, “Clayton Williams Energy is an independent oil and gas company engaged in the exploration for and development and production of oil and natural gas primarily in Texas, Louisiana and New Mexico. A significant portion of the company’s proved oil and gas reserves are concentrated in the Cretaceous Trend, which extends from south Texas through east Texas, Louisiana and other southern states and includes the Austin Chalk, Buda, and Georgetown formations.”

Insitutional Activity: The institutional sentiment increased to 1.67 in Q2 2016. Its up 0.84, from 0.83 in 2016Q1. The ratio improved, as 11 funds sold all Clayton Williams Energy, Inc. shares owned while 13 reduced positions. 14 funds bought stakes while 26 increased positions. They now own 6.93 million shares or 21.45% more from 5.71 million shares in 2016Q1.
Moreover, Encompass Advsr Ltd has 3.73% invested in Clayton Williams Energy, Inc. (NYSE:CWEI) for 458,545 shares. Davidson Kempner Cap Management Ltd Partnership last reported 0.41% of its portfolio in the stock. California Pub Employees Retirement Sys holds 0% or 52,800 shares in its portfolio. Blackrock Fund, a California-based fund reported 154,053 shares. Citigroup last reported 0% of its portfolio in the stock. The Pennsylvania-based Pnc Fin Gru has invested 0% in Clayton Williams Energy, Inc. (NYSE:CWEI). Geode Cap Mngmt has 0% invested in the company for 37,167 shares. Bnp Paribas Arbitrage holds 0% or 245 shares in its portfolio. Invsts has 128,498 shares for 0% of their US portfolio. Blackrock Institutional Company Na holds 181,953 shares or 0% of its portfolio. Dimensional Fund Advsr L P holds 453,973 shares or 0.01% of its portfolio. Nationwide Fund Advsr holds 6,750 shares or 0% of its portfolio. Springbok Cap Management Limited Com last reported 0% of its portfolio in the stock. Jpmorgan Chase And reported 55 shares or 0% of all its holdings. Blackrock Inv Mngmt Limited Liability Corp accumulated 0% or 25,661 shares.

Insider Transactions: Since April 5, 2016, the stock had 4 buys, and 2 sales for $162.78 million net activity. On Tuesday, April 5 the insider RIGGS MEL G bought $37,760. FORD DAVIS L sold $504,810 worth of stock. $98,329 worth of Clayton Williams Energy, Inc. (NYSE:CWEI) was bought by LYON ROBERT C on Wednesday, April 6. ARES MANAGEMENT LLC had bought 76,618 shares worth $719,435.

More notable recent Clayton Williams Energy, Inc. (NYSE:CWEI) news were published by: Bloomberg.com which released: “Clayton Williams Energy Said to Explore Potential Sale” on October 14, 2015, also Businesswire.com with their article: “Clayton Williams Energy, Inc. Announces Cash Tender Offer for up to $100 …” published on July 28, 2016, Seekingalpha.com published: “Clayton Williams Energy – An Interesting Name To Watch” on September 26, 2016. More interesting news about Clayton Williams Energy, Inc. (NYSE:CWEI) were released by: Businesswire.com and their article: “Clayton Williams Energy, Inc. Announces Expiration and Final Results of Tender …” published on August 30, 2016 as well as Businesswire.com‘s news article titled: “Clayton Williams Energy, Inc. Q1 2016 Results Conference Call” with publication date: April 21, 2016.

CWEI Company Profile

Clayton Williams Energy, Inc., incorporated on October 27, 1991, is an gas and oil firm engaged in the exploration for and production of oil and natural gas. The Firm operates in Texas, Louisiana and New Mexico. The Company’s divisions include gas and oil exploration and production, and contract drilling services. It has holdings in approximately two oil shale plays in the United States, which include Wolfcamp Shale in the Southern Delaware Basin of West Texas and the Eagle Ford Shale in the Giddings Area of East Central Texas. The Firm is also engaged in finding reserves through exploratory drilling. The Company’s exploration program consists of generating exploratory prospects, leasing the acreage related to these prospects, drilling exploratory wells on these prospects to determine if recoverable gas and oil reserves exist, drilling developmental wells on these prospects and producing and selling any resulting gas and oil production.

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